Hong Kong stocks opened sharply lower on Monday and the yuan weakened after the membership line-up of China's governing body heightened fears that Xi Jinping will double down on ideology-driven ... ( read original story ...)
HSBC, Standard Chartered kick-start third-quarter bank reporting with eyes on margins, loan losses amid interest rate hikes
Hong Kong's biggest banks increased their prime rate for the first time in four years in September Questions remain about how slowing growth, particularly in China, could affect bank bottom lines In ... ( read original story ...)
Boom time for startups
According to official figures, the number of startups had gone up fourfold - from about 1,000 in 2014 to some 4,000 in 2021 - while 18 companies have become unicorns, including artificial intelligence ... ( read original story ...)
Hong Kong rolls out measures to attract new talent
Hong Kong's leader has rolled out a slew of measures to woo global talent but Covid-19 restrictions and the high cost of living are two major hurdles that may prevent them from remaining in the city. ( read original story ...)
Hongkong Land (OTCMKTS:HNGKY) Hits New 1-Year Low at $21.19
Shares of Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Rating) reached a new 52-week low on Friday . The company traded as low as $21.19 and last traded at $21.36, with a volume of 1932 shares ... ( read original story ...)
‘Inevitable’ for Hong Kong to shift from ‘big market, small government’, combining capable governance with market efficiency: Paul Chan
Financial secretary says authorities working 'at full speed' on institutional and structural arrangements for city's investment vehicle which he will helm Amid global uncertainties and escalating ... ( read original story ...)
HSBC, Tencent, AIA, Meituan, Alibaba: How The Top 5 Stocks Of The Hang Seng Index Have Performed In 2022?
Within Hong Kong, the key benchmark index – similar to Singapore’s Straits Times Index (STI) – is the Hang Seng Index. It’s been a tough year so far, with the index currently at 16,211 as of 21 ... ( read original story ...)
Young Chinese people – tired of Hong Kong – are escaping to find peace on Peng Chau island
Jessie Pang and Tyrone Siu capture the young Hong Kongers who are seeking relief and escape from the pressure of the metropolis on an island that’s just a short ferry ride away from the city ... ( read original story ...)
Strict COVID-19 policies drive people out of Hong Kong
Large numbers of people have left Hong Kong not only due to political unrest, but also strict COVID-19 policies. Over the past year, more than 100,000 people have left — a record. The exodus includes ... ( read original story ...)
China Central Bank Head Likely to Step Down Amid Reshuffle – Sources
Yi Gang attends a news conference on China's economic development ahead of the 70th anniversary of its founding, in Beijing, China September 24, 2019. REUTERS/Florence Lo Reuters BEIJING/HONG KONG ... ( read original story ...)
Members of disbanded Hong Kong group jailed up to 3 years for inciting subversion
Three members of a Hong Kong pro-democracy student group were sentenced on Saturday to up to three years jail for conspiracy to incite subversion, after setting up street booths that allegedly called ... ( read original story ...)
Why Hong Kong’s status as the international financial centre is unshakable?
The heightened geopolitical tensions, economic recession and ongoing pandemic bring uncertainties to the global financial markets. Some observers hold a pessimistic view of the future of Hong Kong’s ... ( read original story ...)
Jefferies Financial Group Analysts Lift Earnings Estimates for BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY)
Stock analysts at Jefferies Financial Group increased their FY2022 EPS estimates for BOC Hong Kong in a research report issued to clients and investors on Wednesday, October 19th. Jefferies Financial ... ( read original story ...)
Eco-friendly Hong Kong jewellery brand upcycles used coffee capsules, giving piles of pods a pretty new purpose
Charlotte Wong Ka-man, 25-year-old founder of Wind.n.Sand, makes earrings, key chains and hair-tie charms from up to 500 waste coffee capsules every month. ( read original story ...)