Life insurance sales to mainland Chinese visitors hit HK$31.9 billion (US$4 billion) in the six months to June versus HK$540 million a year earlier Overall new life insurance sales in Hong Kong rose ...
The 40-year mortgage is an indictment of Britain’s failing property market
Is there nothing HSBC won’t do in the name of making the world a better place? From the bank that became a money-laundering hub for Mexican drug cartels and has recently been accused by MPs of ...
Country Garden: Debt crisis-hit China property giant in record loss
Country Garden, one of China's biggest property developers, has become the latest real estate giant to warn that it could default on its debts. This came as the crisis-hit company reported a record $6 ...
Hong Kong Warns Saola May Disrupt Trading as City Braces for Super Typhoon
(Bloomberg) — Hong Kong warned it may effectively shut down the city, including its $5 trillion stock market, on Friday because of Super Typhoon Saola, which is approaching the financial hub after ...
Typhoon Saola: China issues highest warning as storm approaches Hong Kong and Guangdong
Winds reaching 209km/h recorded as major train lines suspended ahead of typhoon’s expected arrival on Friday ...
China issues highest typhoon warning as Saola moves toward Hong Kong
China issued the highest typhoon warning on Thursday as Typhoon Saola crawled closer to the southeastern coastline.
Chinese Steel Platform ZG Group to Go Public in Hong Kong’s First SPAC Merger
By Dave Sebastian ZG Group, which operates a website for steel transactions, has agreed to go public via a merger with a special purpose acquisition ...
Super Typhoon Saola: Hong Kong issues cyclone warning; may disrupt trading, schools likely to remain shut. Top updates
Hong Kong may shut down including its stock market due to approaching Super Typhoon Saola. China has also issued highest typhoon warning.
Hong Kong stocks advance as persistent slump in Chinese manufacturing spurs bets on bigger policy response
Stocks advance, limiting a decline in August, on bets China will do something more drastic to arrest a slump in manufacturing. The economy is in need of a stronger stimulus tonic, economists have said ...
Bank of China first-half profit rises 0.8%
Bank of China (BoC) , the country's fourth-largest bank by assets, reported on Wednesday a 0.78% increase in net profit for the first half of this year. Profit was 120.1 billion yuan ($16.46 billion) ...
Hong Kong’s first SPAC merger: Chinese steel website ZG Group set to combine with blank-cheque firm Aquila Acquisition
Chinese steel trading website ZG Group, formerly known as Zhaogang.com, will combine with Hong Kong-listed Aquila Acquisition. The merged entity will be valued at US$1.3 billion.
Climate change: Net zero organisation GFANZ to open Hong Kong chapter to support Asia’s green finance development
The Glasgow Financial Alliance for Net Zero (GFANZ), the world's largest coalition of financial institutions committed to the goal of net zero emissions by 2050, will open a chapter in Hong Kong to ...
Hong Kong start-up aims to lower cost of early autism detection using whole genome sequencing
BlueSky Precision Medicine offers a set of tests for children under 18 months with a family history of autism that could determine their risks of developing the disorder Whole genome sequencing ...
Super Typhoon Saola: Hong Kong to issue T3 signal between 3pm and 5pm on Thursday; higher warning possible on Friday
Forecaster will consider issuing higher warning signal on Friday, bringing uncertainty to pupils about to begin new school year.