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Posted on 11/04/2023

Hang Seng Bank names Cheung Ka Ki as head of corporate governance

She has over 20 years of experience in legal counsel and company secretarial services, according to Hang Seng Bank. Cheung was admitted as solicitor in Hong Kong and in England and Wales, as well as ...

Posted on 11/04/2023

HKMA intervenes in the currency market for the fourth time this year ahead of expected US rate rise next month

Hong Kong banks increased their prime lending rates three times last year, by a total of 62.5 basis points. HSBC, Bank of China (Hong Kong) and Hang Seng Bank have set their best lending rate at 5.625 ...

Posted on 11/04/2023

Hong Kong catering sector saw at least 15% drop in business over Easter, says industry representative

Hong Kong’s catering sector saw an estimated drop of 15 to 20 per cent during the Easter break, an industry representative has said, as the city recorded more than 1.5 million resident departures ...

Posted on 11/04/2023

‘Stonewalling’ and ‘Totem’ Share Hong Kong Festival’s Firebird Awards

Huang Ji and Otsuka Ryuji’s “Stonewalling” won the Chinese-language section of the Hong Kong International Film Festival’s Firebird Young Cinema competition. Lila Aviles’s “Totem” won the ...

Posted on 11/04/2023

Hong Kong Finance Official to Make First Visit to Britain in Three Years

Hong Kong Finance Official to Make First Visit to Britain in Three Years HONG KONG (Reuters) - A top financial official from Hong Kong is set to visit Britain in April in the first ministerial-level ...

Posted on 11/04/2023

Top Beijing official overseeing Hong Kong affairs set for 6-day visit to city, first since plan for restructuring of office revealed

The head of Beijing’s top office overseeing Hong Kong affairs will start a six-day trip to the city on Thursday, with sources revealing he also plans to hold meetings with mainland Chinese officials ...

Posted on 11/04/2023

Hong Kong stocks jump as cooling inflation in mainland China spurs stimulus bets while SenseTime fuels tech winners

Stocks advance after a government report shows inflation in China rose in March at the slowest pace since September, fuelling bets on policy stimulus. SenseTime jumps after introducing a rival to ...

Posted on 11/04/2023

Bright prospects for Hong Kong as bridge between Middle East and Greater Bay Area, says former minister Gregory So

Former Hong Kong commerce minister Gregory So Kam-leung believes the city has what it takes to help bridge two markets with enormous potential, the Middle East and China’s Greater Bay Area.

Posted on 11/04/2023

Hong Kong’s Financial Secretary Declares Now Is the ‘Right Time’ for Web3 Adoption

Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.

Posted on 11/04/2023

Hong Kong businesses suffer as nearly 860,000 residents leave over Easter holiday

"Nearly a million people left Hong Kong and you can feel it," Marlien said, although he added the restaurant still performed better than last Easter. Some operators, however, said business was ...

Posted on 11/04/2023

Meituan Takes On The World With Hong Kong As Launchpad

Meituan's long-awaited food delivery service launch in Hong Kong appears to be just around the corner. Click here to see why the stock is a Hold.

Posted on 11/04/2023

Hong Kong takes the lead in blockchain logistics after Maersk TradeLens demise

Hong Kong-based Global Shipping Business Network is bullish on blockchain as a crucial logistics tool in the long term, despite Maersk terminating its TradeLens platform last year.

Posted on 10/04/2023

Mainland China Sees 10 IPOs After Rule Change

Asian equities were largely higher less Mainland China though Hong Kong, Australia, and the Philippines were closed for Easter Monday.

Posted on 10/04/2023

Credit card fraud victims may have to foot bill in ‘serious negligence’ cases, Hong Kong lawmaker warns as HK$500,000 debt hangs over victim

Edward Leung says he has been assisting three victims who were told 'serious negligence' on their behalf invalidated their claims for reimbursement He calls for clearly defined meaning of term to help ...

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