The amount of money stolen from customers using Hong Kong’s new faster payment system has ballooned to HK$400,000 – and the Monetary Authority believes that figure could increase. On Tuesday, Howard L... ( read original story ...)
Luxury Marriott hotel at Hong Kong’s Ocean Park set to open in early 2019, developer Lai Sun says
A luxury hotel at Hong Kong’s Ocean Park will receive its first guests in early 2019 after being delayed for about six months, according to its developer. Peter Lam Kin-ngok, chairman of Lai Sun Group ... ( read original story ...)
Hong Kong primary school taking stress out of homework for pupils by freeing up afternoons in class
More than 70 per cent of pupils are taking the initiative to read at home because they spend less of their own time on assignments, a school using a novel approach has found. Po Leung Kuk Tin Ka Ping ... ( read original story ...)
Hong Kong urged to support reform
Hong Kong should play a meaningful role in China's financial reform and development in the new era, says Joseph Yam Chi-Kwong, the executive vice president of the China Society for Finance and Banking ... ( read original story ...)
Vogue Hong Kong to Kick Off Early 2019
The news was first broken by the South China Morning ... which is published in simplified Chinese. Vogue Hong Kong’s web site will be bilingual in traditional Chinese and English. ( read original story ...)
Negative equity returns to Hong Kong as small, older flats’ values drop by 20 per cent in a declining market
Many people who bought flats in the last couple of months have seen their value decline by as much as 20 per cent, according to up-to-date estimates by HSBC, Hong Kong’s largest mortgage provider. Hon... ( read original story ...)
Calls for changes to Hong Kong-Zhuhai-Macau Bridge’s shuttle bus service as thousands of passengers kept waiting for hours
Transport minister Frank Chan Fan said he had spoken with the shuttle bus operator on the Hong Kong-Zhuhai-Macau Bridge about rearranging its services after thousands of passengers were kept waiting f... ( read original story ...)
Protect coastal areas from stronger storms as world warms, experts urge Hong Kong
The lessons learned from two super typhoons in the past two years highlight an urgent need for Hong Kong to protect coastal areas from extreme weather, academics, business leaders and policymakers war... ( read original story ...)
HSBC shares rally as results top forecasts
HONG KONG -- HSBC Holdings PLC said it reined in costs and beat analysts profit estimates for the third quarter, sending its shares sharply higher early Monday The bank reported pretax profit growth i... ( read original story ...)
HSBC’s Flint sees ‘positive jaws’ target on track after third-quarter profit beats view
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc posted a higher-than-expected 28 percent rise in third-quarter profit as a renewed push to rein in costs and market share gains in its mainstay Asian ... ( read original story ...)
Cost control helps HSBC to spring surprise with strong profit growth
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc (HSBA.L) posted a higher-than-expected 28 percent rise in quarterly profit on Monday, showing progress in its battle to control costs and shaking off ... ( read original story ...)
HSBC reins in costs to post 28 percent jump in third-quarter profit, beating forecasts
HONG KONG/LONDON (Reuters) - HSBC Holdings Plc’s renewed push to rein in costs and boost its share of business in the mainstay Asian region helped the lender post a better-than-expected 28 ... ( read original story ...)
HSBC’s third-quarter earnings beat estimates, boosting CEO’s plan to revitalise Europe’s largest bank
HSBC’s shares closed up about 1 per cent to HK$61.05 in trading in Hong Kong before the midday close and ahead of the announcement. Wall Street banks, including JP Morgan, Goldman Sachs and Morgan Sta... ( read original story ...)
HSBC profit up 32% on retail, commercial banking
HONG KONG--HSBC Holdings Plc HSBC, -1.23% reported a 32% on-year rise in third-quarter net profit, thanks to strong growth in its retail- and commercial-banking and wealth-management businesses. The U ... ( read original story ...)