Hong Kong authorities have arrested 114 people, including more than 100 women visitors from mainland China, Taiwan and Thailand, in a crackdown on street-level sex workers in Yau Ma Tei. Chief ...
Hong Kong’s New World Development touts US$4.5 billion in new loans, repayments
Company says it has secured multiple low-cost new loans to replenish its liquidity and increase the proportion of yuan loans as it seeks to control financing costs.
Citi names HSBC banker as head of corporate banking in Hong Kong
Hung, who takes over the role on 19 August, joins from HSBC where he was most recently head of corporate coverage for Hong Kong. He will replace Joy Cheng. Cheng had been appointed as head of Citi ...
Top Hong Kong appeal court doubts whether UK ‘lawful excuse’ defence can apply to 2019 protests
Hong Kong’s top appeal judges have expressed doubts that a landmark ruling in Britain could be applied in the city to quash the convictions of media tycoon Jimmy Lai Chee-ying and six former ...
HANG SENG BANK Buys back 200K Shrs for $20.449M
A statement from HANG SENG BANK (00011.HK) disclosed that it repurchased 200,000 shares of the company on the Stock Exchange of Hong Kong today at $101.2-103 per share, involving about $20.449 million ...
Hong Kong worker dies after being struck by steel water pipes in industrial accident
A worker was hit on the head by steel pipes in a cargo loading area in Hong Kong on Monday and later died in hospital, marking the second fatal industrial accident of its kind in a week. The ...
Hong Kong Judge Gives Property Firm Kaisa Time To Restructure Debt
Debt-hit Chinese developer Kaisa was given extra time to come up with a restructuring plan Monday as creditors sought to wind up the company, according to media reports.
Chinese Zara Rival Urban Revivo Is Said to Weigh Hong Kong IPO
Urban Revivo Fashion is considering an initial public offering in Hong Kong, people familiar with the situation said, possibly injecting some life into the city’s market after the slowest start to a ...
HANG SENG BANK (00011.HK) Launches $80B ‘Sustainability Power Up Fund’
HANG SENG BANK (00011.HK) has launched an HK$80 billion Sustainability Power Up Fund, providing green and sustainable financing solutions for businesses The Fund follows the "Green Loan Principles", ...
Citi Hires HSBC’s Matthew Hung as Head of HK Corporate Bank
Citigroup Inc hired former HSBC Holdings Plc banker Matthew Hung to be its head of corporate banking for Hong Kong. Hung replaces Joy Cheng, who was appointed head of Citi Commercial Bank for Hong ...
HSBC Reportedly In Talks with ABN AMRO to Sell German Wealth Mgmt Biz
ABN AMRO is close to a deal to buy HSBC HOLDINGS (00005.HK)'s German wealth management business, Trinkaus and Burkhardt, with an announcement likely in 2-3 weeks, German financial newspaper ...
Hong Kong government leads Asia in green-bond issuance, becomes fifth largest worldwide
City’s sustainable debt market issuance grew 236 per cent year on year in 2023 to US$18.2 billion, according to Climate Bonds Initiative.
Top British judge hears Hong Kong protest case amid foreign judges row
A senior British judge on Monday heard a protest-related case in Hong Kong involving seven high profile democrats, adding to the debate over whether foreign judges should continue to sit on the city's ...
Hong Kong’s CLP Power ‘should prioritise’ protective devices before storm season
Hong Kong energy firm CLP Power should prioritise installing devices against lightning and flooding in its network ahead of the coming storm season, especially after voltage dips caused service disruptions twice in less than two weeks, according to an ...