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Posted on 05/10/2023

Hong Kong’s Hang Seng Index Falls to New 2023 Low

Hong Kong’s stock market is struggling. The city’s Hang Seng Index fell to a new low Wednesday of HK$17,094, or $2,183 — its lowest since October 2022 and a 4% drop from last week’s close. Shares had ...

Posted on 05/10/2023

Hong Kong is most popular target for digital fraudsters amid pickup in online payments: TransUnion report

Fraudsters are seizing upon increased rates of digital payments to target consumers and businesses in Hong Kong, according to US consumer credit reporting agency TransUnion.

Posted on 05/10/2023

Submission deadline extends till Oct 10 for HSBC Business Excellence Awards

To enable and encourage more submissions, the Hongkong and Shanghai Banking Corporation Limited in Bangladesh has extended the submission deadline for the third edition of the ‘HSBC Business ...

Posted on 05/10/2023

Hong Kong JPEX crypto scandal: police arrest 6 more suspects, including CEO, ex-director of virtual asset money changer

Six men, aged from 23 to 54, detained for conspiracy to defraud on Thursday CEO and ex-director of virtual asset money changer CryptoPARD among those arrested, source says Hong Kong police have ...

Posted on 05/10/2023

Hong Kong Bank: Building of Norman Foster’s Masterpiece – Hardcover

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Posted on 05/10/2023

Hong Kong crypto VC opens $100M fund for Asian blockchain startups

The crypto fund, named Titan Fund, has already made five investments in different blockchain startups with two going toward Hong Kong-based projects. Hong Kong-based crypto-focused venture capital ...

Posted on 05/10/2023

Hong Kong stocks rebound from 11-month low as U.S. yields off peak

Hong Kong stocks rebounded from an 11-month low to end slightly higher on Thursday, tracking firmer overseas markets with U.S. Treasury yields off a 16-year peak after the softer labour data.

Posted on 05/10/2023

Chow Yun-Fat Talks Hong Kong Cinema Challenges, Praises Korean Films For Their Creative Freedom – Busan

Hong Kong star Chow Yun-Fat, attending Busan International Film Festival where he has been named Asian Filmmaker of the Year, talked about the challenges facing Hong Kong cinema at a press event today. When asked about the current state of Hong Kong films ...

Posted on 05/10/2023

Hong Kong stocks rebound from 11-month low, Chinese property stocks climb

Hong Kong stocks rebounded from an 11-month low on Thursday after two sessions of decline, tracking firmer overseas markets with U.S. Treasury yields off a 16-year peak after the softer labour data.

Posted on 05/10/2023

Hong Kong Tightens Scrutiny of Crypto Exchanges After JPEX Blowup

Hong Kong’s securities regulator and police force set up a task force to assist with the detection of suspicious activity at crypto exchanges, intensifying oversight of the industry after the blowup ...

Posted on 05/10/2023

Wild boar in Hong Kong enters construction lift, attacks 5 workers and policeman on first floor of structure

Five workers and a police officer in Hong Kong were injured and sent to hospital after being attacked by a wild boar at a construction site on Thursday. The incident occurred shortly before 8.30am ...

Posted on 05/10/2023

JD.com, AIA, Longfor lead Hong Kong stock rebound as market’s 5-week sell-off deemed excessive

Stocks recover from near an 11-month low as the sell-off over the past five weeks is deemed excessive. Technical readings on JD.com, Longfor and Galaxy Entertainment suggest a rebound may be imminent.

Posted on 05/10/2023

HSBC Buys back Nearly 4.64M Shrs for $281M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.6372 million shares of the company at HKD281 million yesterday (26th) in the UK and HK markets.Among which, 2.39... HSBC HOLDINGS ...

Posted on 05/10/2023

Hong Kong’s fun factories? Eateries in industrial blocks play cat-and-mouse with law, but operators tout tourism potential

Operators of such businesses say government policy is unclear, following recent enforcement action over lease breaches Supporters argue that such establishments are quaint gems that can draw visitors ...

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