HONG KONG (Reuters) - Hong Kong’s retail sales grew at a slower pace in July after five straight months of double-digit gains, government data showed on Thursday, with the outlook overshadowed by conc... ( read original story ...)
Hong Kong-listed Chinese developers post strong profits. So why aren’t investors on a buying binge?
China’s Hong Kong-listed developers have been reporting strong half-year profits. But investors are looking ahead to see heavy weights on what has been a booming sector. The chief driver of Chinese de... ( read original story ...)
Hong Kong’s digital banking push pits tech newcomers against old-guard lenders
HONG KONG (Reuters) - At least a dozen banks, fintechs and telecom firms are lining up to get a piece of Hong Kong’s retail and small business banking market as the regulator prepares to award the for... ( read original story ...)
Hong Kong is boosting its links to Chinese banks — but there are risks involved
Hong Kong's financial regulator announced this month it had fined a Chinese bank for laxity in monitoring customer relationships over money-laundering fears. Analysts say Chinese regulation can be les... ( read original story ...)
Hong Kong insurer ‘to snap up HSBC stake’ in joint venture
Hong Kong/Kuala Lumpur — Hong Kong-based insurer FWD Group has agreed to buy HSBC Holdings’ stake in a Malaysian insurance joint venture as part of a plan to expand its presence in Asia, three people ... ( read original story ...)
Hong Kong Unveils List of Professionals It Wants to Lure
... comes as the Asian financial hub seeks to bolster its competitiveness in finance and catch up on technology with the neighboring mainland hub of Shenzhen. Hong Kong is also looking to enhance its ... ( read original story ...)
Open banking: Endless opportunities for HK financial sector
The global banking industry is undergoing a wave of disruption and there has never been a better time for fintechs and developers to hitch a ride on the wave. Introduction of the Hong Kong Monetary Au... ( read original story ...)
Hong Kong’s Important Role In Blockchain And Cryptocurrencies
But what we are looking at building here in Hong Kong is an infrastructure for new businesses and existing businesses, to make sure the technology and innovations remain a key enabler for financial se... ( read original story ...)
Hong Kong’s Co-Working Surge Sees a Landmark Leasing Deal
One of Hong Kong’s biggest co-working leasing deals has added to an explosion in the number and size of such agreements. Start-up Campfire Collaborative Spaces leased three floors of the Harbourfront ... ( read original story ...)
“Singapore just doesn’t have decent banking jobs. So I’m applying to Hong Kong instead”
I recently finished an internship at a leading European bank in Singapore and I also received a ‘return offer’ for a full-time risk-management role starting in 2019. That’s the stuff of ... ( read original story ...)
Bank of East Asia’s first-half profits jump 26 per cent as cost-cutting efforts pay off
Bank of East Asia said on Wednesday that earnings from ongoing operations rose 26 per cent as the family-run lender continues to reduce costs and streamline operations, particularly in mainland China. ... ( read original story ...)
A Hong Kong woman was ‘tricked’ into marrying a stranger — and she’s not the first one
A 21-year-old Hong Kong woman, who does not want to be identified, claims that a false posting for an apprenticeship acted as a ruse to marry her off to a stranger in mainland China. Officials say ... ( read original story ...)
Hong Kong professor charged with murder after wife’s body found in suitcase
Hong Kong University mechanical engineering associate professor Cheung Kie-chung was taken away by police on Tuesday, according to the South China Morning Post and other news media. Cheung, 53, had re... ( read original story ...)
Rise in unprotected sex among young points to ‘lack’ of education in Hong Kong
A growing proportion of sexually active 14- to 25-year-olds in Hong Kong are choosing not to use protection during the act, reflecting a “serious lack” of proper education on the subject in school, an ... ( read original story ...)