Tencent said the tranche of shares is roughly 90.9% of its stake in the company and 15.5% of total shares Meituan has issued as of Oct. 31. Tencent said the stake was worth about 159 billion Hong Kong ...
HSBC HK names new VP of customer journey and engagement
HSBC Hong Kong has appointed Watson Tan (pictured) as vice present of customer journey and engagement. According to Tan's LinkedIn, Tan describes herself as a big believer in the power of ...
Race to launch Hong Kong’s first retail crypto futures ETF begins
Exchange traded fund providers are busy working towards submitting applications to launch retail-oriented crypto futures ETFs after the local regulator announced it would open the door to such ...
‘No Tears Left’: Hong Kong Property Agents Resort to Desperate Ads
Property agents in Hong Kong are resorting to increasingly wry advertising slogans to attract potential buyers during the city’s worst housing slump in years.
More Profit Taking Expected For Hong Kong Shares
The Hong Kong stock market on Wednesday ended the three-day winning streak in which it had skyrocketed more than 2,325 points or 14.1 ...
Hong Kong stocks tumble as China warns about inflation and Tencent’s report card points to tech sector weakness
Stocks fall for a second day as PBOC warns about rising inflation while Tencent's report card shows underlying weakness in tech sector Meituan slumps on stock overhang risk as Tencent offers its stake ...
Hong Kong will reap ‘huge dividends’, be the envy of other economies with Beijing’s support, top state official in city says
Liaison office head Luo Huining addresses 120 officials at city government's headquarters in first known session of its kind He tells attendees that the mention of the 'one country, two systems' ...
Hong Kong leader heads to Thailand for Apec forum, vows to seize chance to declare city’s return to world stage
Chief Executive John Lee is leading a 20-strong group, comprising financiers, professionals and commerce leaders, to Bangkok to talk business He stresses competitive edge of city centres on its global ...
Hong Kong’s Bananas-Only Rule Shows Struggle to Exit Covid Curbs
It’s also frustrating that after almost three years we’re moving forward but only with bananas.” The restriction is just one example of how Hong Kong’s attempt to keep fighting the virus while also ...
Startups Are The Losers Of Asia’s Digital Banking Race
Asia's digital banking market has been growing quickly. Although it's a bit early to pick the winners, we can definitely see the losers: start-ups.
China central bank to step up policy implementation, promote healthy property market
China's central bank said on Wednesday it will step up the implementation of its prudent monetary policy and keep liquidity reasonably ample. The People's Bank of China said it will maintain ...
Hong Kong rejects US report saying it has entered ‘a new era of total control’ from Beijing
The Hong Kong administration "vehemently" refuted a report by a US congressional advisory panel that suggested that the city was under “a new era of control” from Beijing with a rubber-stamp ...
University opens farm to train veterinary students giving Hong Kong taste of local dairy for first time in 2 decades
City University's facility expects to produce its own milk and ice cream next year Veterinary students will get hands-on experience that was not possible before, says farm manager Hong Kong's first ...
JD’s fintech unit seeks regulatory approval for new attempt at Hong Kong IPO: report
The company then applied to the China Securities Regulatory Commission (CSRC) seeking a Hong Kong IPO in late January, however Reuters reported in May that it had failed to gain approval. [Reuters] ...