Georges Elhedery, who will become CEO at HSBC HOLDINGS (00005.HK) on 2 September, is considering trimming his middle management, following similar moves by Citigroup (C.US) and STANCHART (02888.HK), ...
Hong Kong’s launch of wCBDC sandbox takes it closer to tokenised market
Six participants, including HSBC, Standard Chartered and Bank of China (Hong Kong), showcased test cases that will be explored to boost scale and interoperability.
Hong Kong Court Dismisses Petition to Wind Up XJ International
A Hong Kong court on Wednesday dismissed a petition to liquidate Chinese education firm XJ International Holdings Co., dealing a blow to a group of bondholders that includes some of Asia’s most prominent hedge funds.
Can Hong Kong find its Goldilocks zone?
Too much emphasis on ‘one country’ over ‘two systems’ will hobble the dynamism that made Hong Kong such a powerful magnet to talent and capital.
PolyU researchers and academic-led startups seize prestigious awards at HICOOL Global Entrepreneur Summit and Entrepreneurship Competition
HONG KONG SAR - Media OutReach Newswire - 28 August 2024 - The Hong Kong Polytechnic University (PolyU) researchers and academic-led startup teams participated for the first time at the ...
Prudential profit rises on Singapore growth, China and Hong Kong sales stall
Prudential saw sales in the Singapore market propel its first-half profit increase, but a slowdown in business in its one-time largest markets of Hong Kong and China weighed on overall growth.
Prudential stays on track despite tougher trading in China and Hong Kong
Prudential stays on track despite tougher trading in China and Hong Kong - The Asia-focused group reported a 3% fall in new business profit across Hong Kong and a 33% decline in mainland China.
Why badminton has become code for teen sex in Hong Kong
"How could they borrow a badminton racket on the spot if it happens?" She asked. To Thomas Tang, who is an amateur badminton player, the jokes and sudden increased interest in the ...
GBSN to trial Bill of Lading tokenisation in Hong Kong
Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable growth in global trade with its data infrastructure and ecosystem of ...
HSBC HOLDINGS (00005.HK) Buys Back ~6.38M Shrs for $434M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 6.3776 million shares in the UK and Hong Kong markets, involving a total of $434 million. Among them, HSBC HOLDINGS purchased 2.5944 ...
Betting on Chinese demand, Hong Kong developers turn to rental market
Some Hong Kong developers are now turning to housing rental and the leasing market to weather a prolonged downturn in its property market and to serve surging rental demand from mainland Chinese ...
Hong Kong police arrest 12 in crackdown on HK$250 million illegal gambling ring
Cambodia-based bookmaking syndicate used a flat in Tseung Kwan O as its operational centre in Hong Kong, insider says Hong Kong police have arrested 12 people in a crackdown on an international ...
How I became one of the first women in the Hong Kong civil service – via Oxford University
Retired civil servant Rachel Cartland tells Kate Whitehead about being one of few women in the Hong Kong government in the 1970s, experiences remembered the memoir Paper Tigress My roots are in rural ...
Prudential’s first-half profit up 9% on Singapore growth, but onshore China business remains weak
Sales of its Singapore operation grew by 17% in the first 6 months from the same period a year ago. Read more at straitstimes.com.