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Posted on 26/03/2024

China, HK stocks end higher, property sector in focus

China's property market volatility has limited impact on the country's financial system, and some " positive signals " have emerged in the market, the central bank's governor said on Monday. Foreign ...

Posted on 26/03/2024

Hong Kong leader says prisoners jailed for national security crimes unlikely to get early release

Hong Kong leader John Lee says prisoners convicted for serious national security crimes will not likely be granted early release under the tightened rules of a new national security law, signaling a ...

Posted on 26/03/2024

Hong Kong leader says early prison release unlikely for national security offenders

sparking international criticism that some definitions are too vague and it could damage the Chinese-ruled city's international financial hub credentials. Hong Kong officials have said Article 23 was ...

Posted on 26/03/2024

Hong Kong Feb home prices ease for the 10th month, down 1.7%

Hong Kong private home prices fell for the tenth month in a row to the lowest since September 2016 in February, and they are expected to remain suppressed even after the government recently removed ...

Posted on 26/03/2024

Hong Kong swelters in record March heat after coolest start in eight years

HONG KONG, March 26 (Reuters) - Hong Kong temperatures climbed to above 31 degrees Celsius (88 degrees Fahrenheit) this week, a level never recorded for March and just a week after the financial hub ...

Posted on 26/03/2024

Hong Kong stocks edge up as China Merchants Bank and China Resources Land rally on better-than-expected earnings

Hong Kong stocks edged up to snap a two-day decline as better-than-estimated results from China Merchants Bank and China Resource Land allayed concerns about the strength of corporate earnings.

Posted on 26/03/2024

China Merchants Bank 2023 Net CNY146.6M Vs. Net CNY138.0M >3968.HK 600036.SH

By Jiahui Huang China Merchants Bank reported lower net operating income in 2023, marking the first drop since 2009 as non-interest income declined ...

Posted on 26/03/2024

At Morrison & Foerster, Reduced Overhead and Steady Demand Led to 19% Profitability Gain

Strong performances in litigation, middle-market M&A and bankruptcy practices propelled the firm to a 6.2% increase in gross revenue.

Posted on 26/03/2024

Foreign firms in Hong Kong review operations after domestic national security legislation, but insiders say changes already made in wake of 2020 Beijing-imposed law

Lawyers and consultants say bulk of major changes were made after the Beijing-imposed national security law took effect in 2020 City and central authorities maintain the Article 23 domestic law will ...

Posted on 26/03/2024

Once high-flying Hong Kong bankers become a lost generation

When Eric Li lost his job after his family office employer relocated away from Hong Kong, he knew he would be facing a tough job market. He had no idea how hard it would be.

Posted on 26/03/2024

Institutional Hong Kong Hotel Pours Curated Private Label Wines From Top Vineyards of the World

The restaurants include the gourmet One Michelin-Starred restaurants Gaddi's (French) famous for launching one of the first chef's tables in Hong Kong & Spring Moon (Cantonese) which is sometimes ...

Posted on 26/03/2024

Hong Kong’s Elderly Increasingly Opt to Retire in Mainland China

After a career as a human resources executive in Hong Kong, Grace Sin is happily retired. The 84-year-old keeps busy at the Hong Kong Jockey Club Helping Hand Zhaoqing Home for the Elderly, chatting ...

Posted on 26/03/2024

Hong Kong Property Tycoons Are Selling Super Call Options

Developers are offering homebuyers highly-leveraged real estate exposures in their race to offload units and appease banks.

Posted on 26/03/2024

Hong Kong stocks slip amid earnings jitters, relief from yuan rebound short-lived

The yuan currency posted the biggest daily gain this year against the dollar after the People's Bank of China set a higher daily reference rate Caution prevailed as 26 companies that comprise the ...

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