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Posted on 20/06/2024

HSBC Buys back ~5.19M Shrs for HKD356M in Total Ytd

HSBC HOLDINGS (00005.HK) +0.100 (+0.146%) Short selling $312.13M; Ratio 26.132% announced that it repurchased a total of 5.1879 million shares of the company for a total of HKD356 million yesterday ...

Posted on 20/06/2024

Hong Kong’s WeLab eyes Southeast Asia digital banks, exporting tech services as new growth engines

The fintech unicorn backed by billionaire Li Ka-shing is looking at setting up digital banks across Southeast Asia and providing its technology services to conglomerates in Malaysia, Vietnam, Thailand ...

Posted on 20/06/2024

Insurers face customer churn as prices rise in select products

Experts pin 3 ways to adapt to a more ‘demanding’ customer base. Whilst the insurance sector has seen improvements in customer loyalty, it is challenged by increased customer switching in certain ...

Posted on 20/06/2024

Hong Kong’s innovators are making waves. So why is it so slow with its smart city plans?

No shortage of tech inventors and innovators in the city, but it is hard to commercialise their products Ronald Pong watched with dismay as some Hong Kong cabbies carried out undercover sting ...

Posted on 20/06/2024

Pushing out non-Americans at exclusive Hong Kong club smacks of discrimination, tycoon Allan Zeman says

New policy targeting non-American members ‘doesn’t send a good message to the world’, tycoon Allan Zeman says.

Posted on 20/06/2024

Hong Kong patient in critical condition after feeding tube left in airway for over 24 hours

A 61-year-old Hong Kong patient is in a critical condition after a feeding tube was mistakenly inserted into his airway and remained undiscovered for more than a day. A nurse in an orthopaedic ward at ...

Posted on 20/06/2024

China’s Dida to Raise up to $35 Million in Hong Kong IPO

SYDNEY (Reuters) - Chinese ride-share app operator Dida has launched a Hong Kong initial public offering (IPO) to raise up to HK$273.7 million ($35.06 million), regulatory filings showed on Thursday.

Posted on 20/06/2024

University fees in Hong Kong set to rise by at least 5% annually for 3 years from 2025-26

Post learns increase will fall within the range of 5 to 9 per cent annually for three years, starting in the 2025-26 academic year.

Posted on 20/06/2024

‘Ghost staircase’, outdoor gym: Hong Kong architecture tour opens eyes to urban quirks

New group City Unseen begins a planned series of guided walks with a tour of Prince Edward that reveals curious architectural features and ways residents have repurposed urban spaces.

Posted on 20/06/2024

Interview: Technology conference RISE to be held in Hong Kong in 2025, organizer says

TORONTO, June 19 (Xinhua) -- Global technology events company Web Summit will once again hold its Asian flagship conference RISE in Hong Kong in 2025, for the first time since the COVID-19 pandemic, its organizer said, while highlighting China's leading role in new technologies and apps.

Posted on 20/06/2024

Hong Kong leads gains in Asia; Taiwan stocks hit new record

Pacific markets mostly rose, on the back of the S&P 500 hitting new highs as artificial intelligence firm Nvidia overtakes Microsoft as the most valuable public company. Traders in Asia will focus on ...

Posted on 20/06/2024

China Market Update: 618 Success For JD.com & Alibaba, National Team Buys Hong Kong ETFs For The First Time, Bilibili Rockets

Asian equities were largely higher as Hong Kong outperformed while Pakistan was closed for Eid-al-Azha. There were several positive catalysts that led Hong Kong higher, though interestingly failed to ...

Posted on 19/06/2024

Hana Financial Group meets global investors in Hong Kong

Hana Financial Group held investor relations (IR) sessions in Hong Kong targeting global investors, spearheading efforts to enhance the corporate value of the Korean financial industry, the group ...

Posted on 19/06/2024

Hong Kong capital market will help unlock China’s innovation ambitions, HKEX boss says

Hong Kong’s market will continue to evolve to support emerging enterprises’ capital needs, Bonnie Chan says at Lujiazui Forum.

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