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Posted on 12/01/2024

BOC Hong Kong (Holdings): A Buy Rating on Strong NII, Dividend Appeal, and Positive 2024 Outlook

In a report released yesterday, Sam Wong from Jefferies maintained a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research Report), ...

Posted on 12/01/2024

Exclusive: China’s Harvest Fund cuts Hong Kong staff in pullback from offshore business, sources say

Harvest Fund Management, which manages $210 billion in assets, has laid off more than one-third of its staff at its Hong Kong unit as the leading Chinese asset manager pulls back from foreign business ...

Posted on 12/01/2024

Startup Leapmotor eyes to be in profit by 2025

Leapmotor, established in late 2015, delivered over 144,000 vehicles in 2023, up 29 percent year-on-year. Its cumulative sales exceeded 300,000 units by the end of last year. "For us, the goal for ...

Posted on 12/01/2024

Hang Seng Bank launches investment and life insurance plan

Hong Kongers were unprepared for their parents' healthcare costs and children's educational expenses. Hang Seng Bank has launched 'LegendPower', a life insurance plan designed to help accumulate ...

Posted on 12/01/2024

Hong Kong stocks advance for a second day on China rate-cut bets as deflation deepens

Hong Kong stocks jumped for a second day as investors bet China’s central bank will cut key lending rates as early as next week to boost growth amid deepening deflation in the economy. The Hang Seng ...

Posted on 12/01/2024

Startup accused of violating international law with sale of product dubbed ‘nature’s best kept secret’: ‘There is no good enforcement’

A number of organizations are on the case. Startup accused of violating international law with sale of product dubbed ‘nature’s best kept secret’: ‘There is no good enforcement’ first appeared on The ...

Posted on 12/01/2024

HSBC HK unveils debit, supplementary card waiving foreign currency fees

HSBC Hong Kong has launched a new debit card and supplementary debit card for its global private banking customers. Powered by Mastercard, the new cards are expected to provide customers with a ...

Posted on 12/01/2024

Beijing’s top man for Hong Kong ‘says central authorities confident in West Kowloon arts hub’s ability to drive growth’

District board chairman Henry Tang has revealed that Xia Baolong, head of Beijing’s top office overseeing local affairs, had offered the assurance during a duty visit to the capital by executives.

Posted on 12/01/2024

Open House: $77,000 a Month Rental Shows Depth of Hong Kong’s Luxury Downturn

The deep freeze in what was the world’s hottest property market is prompting a significant shift in strategy by home owners in Hong Kong.Most Read from BloombergGoogle Lays Off Hundreds in Hardware, ...

Posted on 12/01/2024

Hong Kong Bitcoin ETF FOMO, Thailand approves $14B airdrop: Asia Express

Hong Kong has experienced the biggest financial scams in its history last year with the collapse of unlicensed crypto exchanges JPEX and Hounax. In a separate interview on January 10, Livio Weng, COO ...

Posted on 12/01/2024

Alibaba Trading at Half Hong Kong Utility’s Valuation After Drop

The years-long rout in shares of Alibaba Group Holding Ltd. amid regulatory crackdowns and weak consumption has left the Chinese e-commerce giant trading at just half the valuation of venerable ...

Posted on 12/01/2024

Better to be safe than sorry on Hong Kong Covid and flu front

As city enters peak flu season with Covid-19 cases once more on the rise, now is the time to remember health lessons and get vaccinated After months of warning, Hong Kong's peak winter flu season is ...

Posted on 12/01/2024

Hong Kong’s winter flu season has started, health authorities warn, with number of outbreaks doubling in a week

Centre for Health Protection says flu activity expected to further increase in coming weeks, and urges residents to ‘heighten their vigilance’.

Posted on 12/01/2024

China Stocks Rebound Amid Easing Bets After Dismal Start to Year

China stocks rallied on Thursday in what was largely seen by market watchers as a technical rebound amid expectations of policy easing by the central bank.

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