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Posted on 02/04/2024

KPMG’s Hong Kong Affiliate Law Practice Set to Shut Down

KPMG Legal isn't the only Big Four firm to pull back investments in Hong Kong, EY did the same earlier this year.

Posted on 02/04/2024

Hong Kong New Home Sales Hit 11-Year High After Property Curbs Removed

Hong Kong’s new home transactions hit an 11-year high in March, an encouraging sign for the beaten-down property market after the government lifted cooling measures.There were about 4,170 sales in the ...

Posted on 02/04/2024

Country Garden shares suspended from Hong Kong stock exchange

China’s largest property developer, Country Garden, on Monday said it had opted to suspend trading of its shares on the Hong Kong stock exchange after delaying publication of its 2023 results as it ...

Posted on 02/04/2024

Asian Shares End On Muted Note; Hang Seng Rallies

Asian stocks ended mixed on Tuesday as many regional markets resumed trading after a long holiday weekend. A stronger dollar and ...

Posted on 02/04/2024

Today’s Update on the Stock Market: Hang Seng Index Surges While Developer Vanke Sees Significant Drop

Markets in Asia experienced a mixed bag of performance on Tuesday, with Hong Kong’s Hang Seng Index outperforming peers, despite a sharp fall in shares of the real estate giant Vanke. Investors also ...

Posted on 02/04/2024

HSBC bets on gold to showcase tokenisation capabilities

As one of the world’s largest precious metals custodians, its customers in Hong Kong now have the opportunity to invest in tokenised gold through HSBC online banking and the HSBC HK Mobile App. The ...

Posted on 02/04/2024

Hong Kong pips India, becomes fourth-largest market

Hong Kong has regained its spot as the world's fourth-largest market following a broad market rout in Indian equities. Currently, the Chinese territory's market capitalisation stands at $4.9 trillion ...

Posted on 02/04/2024

Financial holding groups’ Q1 earnings hit by HK-tied ELS compensations

Major financial groups' plans to offer voluntary compensations over Hong Kong-tied equity-linked securities (ELS) are expected to impact their performance in the first quarter of this year, according ...

Posted on 02/04/2024

NEFIN Secured HKD $22.15 Million Green Project Finance Loan From Bank SinoPac Hong Kong Branch

HONG KONG SAR - Media OutReach Newswire - 2 April 2024 - NEFIN, a leading carbon neutral solutions developer, successfully secured a HKD $22.15 Million green project finance loan from Bank SinoPac ...

Posted on 02/04/2024

Hong Kong stocks rally on mixed day in Asia, Europe advances

Hong Kong stocks rallied Tuesday as traders returned from an extended weekend break to forecast-beating Chinese factory data that lifted hopes for the world's number-two economy, though other Asian ...

Posted on 02/04/2024

Hong Kong won’t draw back tourists with clichéd attractions. They go to places to experience what locals enjoy

Gimmicks like fireworks and drone shows that all but the most backward Chinese cities look down upon are not the answer to Hong Kong tourism’s problems. Tourists want authentic experiences.

Posted on 02/04/2024

China Developers’ Shares Suspended in Hong Kong for Missing Results Deadline

Several Chinese developers’ shares have been suspended from trading in Hong Kong starting Tuesday due to their failure to meet the deadline for publishing last year’s annual results, another sign of ...

Posted on 02/04/2024

Hong Kong Cyberport data breach last year affected 13,632 staff and jobseekers, privacy watchdog says, slamming cybersecurity oversights

Office of the Privacy Commissioner investigation finds personal data such as ID card and passport numbers of more than 13,000 people stolen in Cyberport breach.

Posted on 02/04/2024

HSBC HOLDINGS (00005.HK) Finishes Sale of Canada Biz, Proposes Spec. Div. USD21 Cents

HSBC HOLDINGS (00005.HK) completed the sale of HSBC Bank Canada and its subsidiaries to the Royal Bank of Canada last Thursday (28 Mar). Completion of the transaction will result in the recognition of ...

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