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Posted on 27/06/2024

Country Garden gets trading resumption guidance from Hong Kong exchange

Debt-laden property developer Country Garden said on Thursday it had received guidance from the Hong Kong stock exchange earlier in the week over resumption in trading of its shares, which have been ...

Posted on 27/06/2024

10 Start-ups Awarded in HK Tech 300 Southeast Asia Start-up Competition Fostering Innovation & Entrepreneurship Beyond Boundaries

HONG KONG, June 27, 2024 /PRNewswire/ -- City University of Hong Kong (CityUHK) held the Award Ceremony for its HK Tech 300 Southeast Asia Start-up Competition (HK Tech 300 SEA Competition) on 27 June ...

Posted on 27/06/2024

Last-ditch plan saves IVF start-up Fertilis from collapse

Creditors of Fertilis, an IVF technology start-up backed by Hong Kong billionaire Li Ka-shing, have approved a last-ditch plan to save the company from collapse. Adelaide-based Fertilis called in ...

Posted on 27/06/2024

HANG SENG BANK Buys Back 200K Shrs Tdy for ~$20.39M

HANG SENG BANK (00011.HK) repurchased 200,000 shares on the Stock Exchange today (26th) at a price per share ranging from $100.6 to $102.6, involving a total of $20.3989 million, according to HANG ...

Posted on 27/06/2024

“Explore China, Pay Your Way” forum promotes more convenient mainland payment for Hong Kong and Macao residents as well as overseas visitors

The "Explore China, Pay Your Way" Forum was successfully held on June 26 in Hong Kong. The event was hosted by the Chinese Banking Association of Hong Kong (HKCBA), co-organized by UnionPay ...

Posted on 27/06/2024

Hong Kong-listed companies slash dollar borrowings in favor of yuan

HONG KONG -- Some Hong Kong-listed companies are shifting their borrowings to yuan, sometimes drastically, as the U.S. Federal Reserve keeps rates high to fight inflation while the People's Bank of ...

Posted on 27/06/2024

Hong Kong police arrest 37 who used loan scheme to defraud banks of HK$210 million

Twenty-three sham directors and 14 employees of shell companies submitted loan applications under government-backed scheme Hong Kong police have rounded up 37 people in a crackdown on a fraud ...

Posted on 27/06/2024

CTBC Bank achieves major milestone with Avaloq to offer an enhanced private banking experience in Hong Kong and Singapore

The new platform enables CTBC Bank to offer specialized private banking products and services in Hong Kong and Singapore. The Avaloq Core Platform supports the expansion of CTBC Bank's private banking ...

Posted on 27/06/2024

School children sang anthem too softly – Hong Kong

Hong Kong officials have singled out at least two schools for singing the Chinese national anthem "too softly".Teachers at a third school have been asked to help students "cultivate habit and ...

Posted on 27/06/2024

LME eyeing Hong Kong as a global warehouse location, says owner HKEX

The London Metal Exchange (LME) is exploring the possibility of listing Hong Kong as an LME warehouse location, the chief executive of its owner said on Thursday, as the exchange looks to strengthen ...

Posted on 27/06/2024

LME mulls warehouse in Hong Kong to tap China’s growing metals trade with global investors

The London Metal Exchange (LME) is exploring the idea of setting up a warehouse in Hong Kong to meet rising demand for the physical exchange of metals such as aluminium and zinc between mainland China ...

Posted on 27/06/2024

Hong Kong’s John Lee calls trade offices ‘jewels’ under attack by West, vows to open more

Lee also points to city's tax system as an advantage, with investors able to 'take home' earnings without paying dividend or capital gains taxes Hong Kong's overseas trade offices are "jewels" under ...

Posted on 27/06/2024

Hong Kong out to ‘make friends’, grow economy through new networks: John Lee

City will also continue to fight 'a serious disinformation campaign' orchestrated by the West, chief executive says Hong Kong will press on to expand its economic reach by seizing opportunities to ...

Posted on 27/06/2024

LME eyes Hong Kong as potential warehouse location, HKEx CEO says

The London Metal Exchange (LME) is exploring the possibility of listing Hong Kong as an LME warehouse location, the chief executive of its bourse, Bonnie Chan, said on Thursday.

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