Hong Kong stocks slumped by most in five weeks amid China’s moves to strengthen its regulatory oversight of the financial markets and preparing plans to overcome US technology curbs. Traders bet the ...
Chinese bank earnings threatened by early mortgage payments
Chinese banks are facing a new earnings challenge as growing numbers of homebuyers pay off their mortgages ahead of schedule, threatening lenders with the loss of years of anticipated interest income.
Hong Kong’s Cathay Pacific reports first operating profit since 2019
Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as the airline fights to return to pre-pandemic flight capacity. The company said in its statement ...
Hong Kong Stocks Open With A Big Loss
Hong Kong stocks tumbled more than one percent at the open Wednesday after Federal Reserve boss Jerome Powell warned the bank will continue to hike interest rates as it tries to quell inflation.
Woman is latest to be arrested in murder of Hong Kong model Abby Choi
Hong Kong police have arrested a seventh suspect in the gruesome murder of 28-year-old socialite and influencer Abby Choi, whose dismembered body was found in large pots of soup. On Tuesday, police ...
Hong Kong’s Octopus plans to double investments, spend millions on consumption voucher offers, new chairwoman says
Octopus has no plans to seek initial public offering, non-executive chairwoman Jeny Yeung says Yeung adds use of Octopus UnionPay increased after reopening of border with mainland China Hong Kong's ...
Arrest made in relation to gruesome killing, dismemberment of Hong Kong model
Another person has been arrested in Hong Kong model Abby Choi’s gruesome killing. At total of seven suspects have been arrested including her ex-husband and his family members.
Hong Kong’s global financial status is at risk, report says
Beijing is changing Hong Kong's political norms, raising new concerns about the institutions underlying the city's previous prosperity and potentially putting its status as a global financial hub at ...
Hong Kong loses luster as retail units go vacant and big brands look to China
Glitzy Hong Kong shopping streets once packed with luxury stores now have about half of their shop units sitting vacant, according to property management companies ...
Woman arrested in killing and dismemberment of model Abby Choi in Hong Kong — the 7th person linked to crime
Authorities discovered a young woman's skull believed to be Choi's in a cooking pot that was seized from the house.
Mother of slain Hong Kong model Abby Choi seeks court injunction to stop murder suspect from selling HK$73 million luxury flat
The mother of slain Hong Kong model Abby Choi Tin-fung has sought a court injunction to forbid the socialite’s former father-in-law from selling a HK$73 million (US$9.4 million) luxury flat her ...
Hong Kong loses lustre as retail units go vacant and big brands look to China
Angel Woo and Donny Kwok in Hong Kong, Sophie Yu in Beijing, and Mimosa Spencer in Paris; Writing by Miyoung Kim; Editing by Tom Hogue Our Standards: The Thomson Reuters Trust Principles.
Hong Kong stocks end on negative note
Hong Kong stocks closed in the red on Tuesday, reversing morning gains, as investors nervously await Federal Reserve boss Jerome Powell's testimony ...
Shenzhen facilitates e-CNY services
More e-CNY self-service machines for e-CNY wallet card issuance will be put into use this week in Shenzhen, Guangdong province, as the novel, cross-border payment channel is well-received by Hong Kong ...