Asian equities were mixed but mostly lower overnight as uncertainty surrounding US interest rates continues to pervade global markets. ( read original story ...)
Confirmed: Tencent Music to go public in Hong Kong without raising new funds
Tencent Music Entertainment has confirmed that it is launching a secondary listing in Hong Kong by way of introduction, meaning that the company will not raise new funds or issue new shares unlike in ... ( read original story ...)
HSBC, Standard Chartered, Citigroup and BlackRock are all expected to send top executives to Hong Kong’s financial summit. Here is why
The in-person meeting will be the biggest gathering of financial executives in the city since the Covid-19 pandemic was first reported in 2020 All attendees will need to quarantine under the current ... ( read original story ...)
Hong Kong’s Consumer Council receives 330 complaints about credit card offers in first 8 months of 2022, double last year’s number
Complaints include welcome gifts delayed and not being entitled to the expected benefits for online purchases. ( read original story ...)
Hong Kong actor apologises for praising British queen
A veteran Hong Kong opera star apologised and declared his patriotism on Thursday after his praise for Britain's late Queen Elizabeth II sparked a backlash among nationalists in China. Instagram is ... ( read original story ...)
Hang Seng Bank (OTCMKTS:HSNGY) Stock Price Crosses Below 50 Day Moving Average of $16.17
Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Rating)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $16.17 and traded as low ... ( read original story ...)
Hong Kong facing wave of restaurant closures, with 8,000 businesses chased over unpaid rent after end of government protection scheme
Industry leader says economy has not recovered as well as expected, and city is 'like an isolated island' with border still closed Closure of bakery chain Crostini, which owes millions in unpaid wages ... ( read original story ...)
At 25th anniversary of return, Hong Kong’s future looks bright
The Hong Kong Economic and Trade Office in San Francisco held an exuberant gala to celebrate the 25th anniversary of Hong Kong's return to the motherland, with high confidence in its economic ... ( read original story ...)
Wave of catering closures feared as Hong Kong bakery chain Crostini crumbles
The demise of Hong Kong bakery chain Crostini has sparked fears of a wave of catering industry closures after a Covid-related rent deferral scheme expired, with one representative saying around 2,000 ... ( read original story ...)
CVC selling Asian funeral business Nirvana, seeks as much as US$2bil -sources
Private equity firm CVC Capital Partners is selling Malaysian funeral services provider Nirvana Asia Ltd in a deal that could fetch up to $2 billion, three people with knowledge of the matter told ... ( read original story ...)
Hongkong Land (OTCMKTS:HNGKY) Share Price Passes Below Fifty Day Moving Average of $24.85
Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Rating) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $24.85 and traded ... ( read original story ...)
Hong Kong’s leader says Covid-19 six times more deadly than flu, but experts disagree
John Lee earlier claimed coronavirus was six times more fatal than flu as he warned epidemic was still in ‘critical’ stage. ( read original story ...)
Hong Kong tycoon Jimmy Lai’s global legal team urges US to pressure China at UN
They are calling Western governments to make Lai's upcoming national security trial a foreign policy priority. Read more at straitstimes.com. ( read original story ...)
Hong Kong wins banker commitments to push ahead with summit
TOP executives from about 20 leading global firms have committed to flying in for Hong Kong’s financial summit, even as quarantine rules threaten to damp turnout at a conference designed to restore ... ( read original story ...)