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HANG SENG BANK (00011.HK) Tumbles ~3% in PM, Dipping Below $100; Interim NP Slightly Rises 0.7%
HANG SENG BANK (00011.HK) logged a net profit of $9.893 billion in 1H24, rising 0.7% and higher than market expectations. The lender declared a second interim dividend of $1.2, in ... HANG SENG BANK ...
Hong Kong virtual bank Mox Bank launches crypto ETF trading
Hong Kong virtual bank Mox announces trading services for crypto ETFs with plans to offer direct crypto trading on the platform.
Hong Kong’s Cathay Pacific says profit drops 15%, declares interim dividend
Hong Kong's Cathay Pacific Airways declared on Wednesday an interim dividend, citing strong performance, even as first-half profit dropped 15% from a year ago.
Hong Kong’s Cathay reports 19.25% drop in profits, reeling in HK$3.84 billion in first six months
Group chairman Patrick Healy attributes ‘strong’ results to robust travel demand and announces first post-pandemic interim dividend payment.
2 Hong Kong drivers injured, dog dead after 2-car collision on Yuen Long road
Two Hong Kong drivers have been injured and a dog has died after a collision between two cars on a road in Yuen Long. Dashcam footage of the incident circulating online showed a car trying to slow ...
Hong Kong beefs up status as financial hub
"While Hong Kong, as the world's largest offshore yuan financing center, can promote the national currency in going global and keep the exchange rate of the onshore renminbi stable, it can also ...
Hong Kong’s licensing scheme for stablecoin issuers: what it means
FA spoke with industry players who explained how the city will roll the scheme out, and what still needs to happen.
Banks Poised to Seize More Buildings in Hong Kong, PwC Says
Banks are expected to take more enforcement actions on distressed buildings amid Hong Kong’s property market downturn, according to PricewaterhouseCoopers LLP.
Hong Kong rules out more virtual banks, citing need for ‘healthy development’ of sector
The HKMA considers that the current number of virtual banking licences is optimal and does not see any strong justification to introduce more new virtual bank players, CEO Eddie Yue says.
Hong Kong billionaire Yeung Kin-man buys 4 mansions worth $141M
Yeung Kin-man, founder of the world’s largest smartphone glass producer, has acquired 4 mansions in Hong Kong in an estimated HK$1.1 billion (US$141 million) deal.
Pilot sues Hong Kong’s Cathay, Haeco for alleged negligence over 2018 ‘cabin fume event’
Antonia Louise Zoya Anton, a former first officer, says she inhaled contaminated air while piloting a flight in 2018 ...
Hong Kong’s gold-winning fencer Vivian Kong to join Jockey Club to promote youth, sports
Gold medal-winning Hong Kong épéeist Vivian Kong Man-wai will join the city’s biggest charity group and oldest racing club to promote youth and sports development, the Post has learned. Kong, who ...
Heading to Hong Kong Food Expo? Here’s a taster on what to eat, see and visit
With more than 1,840 vendors and four special themed days, there is plenty to keep visitors to the five-day Hong Kong Food Expo occupied.