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Posted on 22/09/2023

Singapore is now the world’s freest economy, displacing Hong Kong after 53 years

Singapore has dethroned Hong Kong to become the world's freest economy after almost 50 years, according to a report released by the Fraser Institute.

Posted on 22/09/2023

JPEX: Hong Kong investigates influencer-backed crypto exchange

Hong Kong police are investigating allegations of fraud against cryptocurrency trading platform JPEX after investors complained of HK$1.3bn ($166m; £134m) in losses. Eleven people, including popular ...

Posted on 22/09/2023

Hong Kong investigates popular crypto firm for fraud

About 2,000 investors lost money on the JPEX platform which was advertised on Hong Kong's metro.

Posted on 22/09/2023

Inside Hong Kong housing crisis with people living in cages and ‘coffins’

Luxury properties are always available for those that can pay, but there's an increased demand for luxury on a smaller scale in Hong Kong. This narrow flat is in a new property development in the ...

Posted on 22/09/2023

HK property billionaire with a big family dilemma

From CK Asset Holdings Ltd’s Li Ka-shing to Henderson Land Development Co’s Lee Shau-Kee, Hong Kong’s (HK) fabulously wealthy tycoons have for decades dominated the city’s property and retail sectors.

Posted on 22/09/2023

World-class facilities and mentorship from experts: How microelectronics start-ups can find support for growth

Hong Kong Science and Technology Parks Corporation is seeking talent from around the world to help grow the city into a global hub for innovation and technology. Read more at straitstimes.com.

Posted on 22/09/2023

Video: Venezuelan president tells Hong Kong reporter to ask questions in Mandarin instead of English

Venezuelan President Nicolas Maduro asked a reporter from Hong Kong to communicate in his native language of Mandarin at a press conference during his state visit to China last week. Maduro would then ...

Posted on 22/09/2023

Midea Group, China’s world-beating home appliances giant, to file for US$1 billion Hong Kong IPO next month, sources say

Midea Group, China’s world-leading home appliances giant, plans to file its listing application in Hong Kong as early as next month, which could raise more than US$1 billion in proceeds, people ...

Posted on 22/09/2023

Alibaba, AIA, HSBC lead losses in Hong Kong, volume sinks as Fed’s hawkish pause adds to stock, yuan misery

Stocks suffer another round of selling, sending the Hang Seng Index to a one-month low. Fed officials indicate the central bank is not done yet with tightening this year. Market turnover approaches a ...

Posted on 22/09/2023

HSBC to make $1 billion in funding available to climate-tech startups

A logo of HSBC is seen on its headquarters at the financial Central district in Hong Kong, China August 4, 2020. REUTERS/Tyrone Siu/File Photo ...

Posted on 21/09/2023

BOCHK Hong Kong dollar interest rates stay the same

Savings accounts with a daily account balance over HK$1m will enjoy a bonus rate. Bank of China (Hong Kong) has announced that its Hong Kong Dollar (HKD) prime rate and savings deposit rate remain ...

Posted on 21/09/2023

Alibaba, Tencent HSBC lead losses in Hong Kong stocks as Fed’s hawkish pause adds to market misery

Stocks suffer another round of selling, sending the Hang Seng Index to a one-month low. Fed officials indicate the central bank is not done yet with rate tightening this year, ...

Posted on 21/09/2023

HSBC Buys back Nearly 4.24M Shrs for $244M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.2398 million shares of the company at HKD244 million yesterday (6th) in the UK and HK markets.Among which, 2.315... HSBC HOLDINGS ...

Posted on 21/09/2023

Beijing Fourth Paradigm to Price Hong Kong IPO at Low End of Range -Source

SYDNEY (Reuters) - Chinese artificial intelligence startup Beijing Fourth Paradigm is set to price its shares at HK$55.6 each, the low end of the price range, to raise HK$1.023 billion ($131 million), ...

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