Hong Kong actress Charmaine Sheh disclosed that she had to borrow money from her mother and friends to cover debts incurred from unsuccessful stock investments.
HK$19 billion in loans approved since 2020 to help Hong Kong’s retail SMEs hit by pandemic
Commerce minister says over 6,000 companies with 53,000 employees have benefited from loan guarantee scheme started in April 2020.
Former Asia head of global investment bank says Hong Kong has to underline it is not just another Chinese city and ‘speak truth to power’
Stephen Roach, former chairman of Morgan Stanley Asia, says city has to uphold its traditions of constructive criticism and debate to prosper.
Hong Kong’s de facto central bank mulls making green rules mandatory for banking sector
The Hong Kong Monetary Authority is considering making its green taxonomy framework mandatory for the banking sector to support the development of sustainable financing in the city.
Hong Kong Tells Residents to ‘Smile More’ as Government Tries to Revive Declining Tourism
Hong Kong, the Chinese enclave that’s still struggling to revive its tourism economy post-pandemic and in the wake of a Beijing-influenced crackdown on civil liberties, has taken a new approach to wooing visitors: curbing its residents’ reputation for rudeness.
Hong Kong Arrests Protester With New Security Law for First Time
Police in Hong Kong arrested a woman for chanting slogans on the anniversary of the Tiananmen Square crackdown, using a new domestic national security law for the first time on a protester.
HK Fintech Startup Mezzofy Completes US$2M Pre-Series A Financing Round w/ Participation from HK Govt’s ITVF
Mezzofy, a local fintech startup, recently completed a Pre-series A financing round led by Isola Capital's private equity venture capital, VII, with participation from Hong Kon... Mezzofy, a local ...
UBS, HSBC Urge China to Expand Wealth Links With Hong Kong
Hong Kong’s central bank chief and executives at UBS Group AG and HSBC Holdings Plc called for the expansion of wealth links between the city and mainland China, months after a key initiative was ...
New Hong Kong-Beijing Sleeper Trains Slash Travel Time by Half
A new high-speed sleeper train service is set cut travel time between Hong Kong and Beijing and Shanghai by about half as the financial hub seeks to deepen ties with mainland China.
Hong Kong stocks extend gains for a third day amid hopes of US interest-rate cuts on weak jobs data
Hong Kong stocks’ rose for a third day amid investors’ expectations ... billion convertible bond issue to fund repayment of existing debt, expand its overseas business and for working capital needs.
Singaporean, Swiss banks target Hong Kong as rivals feel geopolitical chill
OCBC's private banking arm, Bank of Singapore, has set a 50% growth target for assets under management in Hong Kong by 2026, compared to the end of last year, although it has not revealed the base ...
Chinese move billions into Hong Kong banks seeking higher yields
HSBC Holdings attracted more than 130,000 new bank customers in Hong Kong in the first quarter. Bank of China (Hong Kong) gained 200,000 new cross-border clients in 2023, while at Hang Seng Bank, new ...
What HSBC needs from its new chief executive
Just this week the US State Department announced new visa restrictions on officials responsible for implementing Hong Kong’s National Security Law after a court in the territory convicted a group of ...
The best banks in the Asia-Pacific region, according to customers
Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing environment.After a prolonged period of high inflation — and interest rates — banks in the ...