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Posted on 02/01/2024

China and Hong Kong shares suffer a dismal start to 2024

HONG KONG -- China and Hong Kong markets opened lower on their first trading day of 2024, having ended 2023 as two of the year's worst performers and amid lingering concerns over Beijing's crackdown ...

Posted on 02/01/2024

Hong Kong activist publisher Jimmy Lai pleads not guilty to sedition charges

Prominent activist and publisher Jimmy Lai on Tuesday pleaded not guilty to three charges of sedition and collusion with foreign countries in a landmark national security trial in Hong Kong ...

Posted on 02/01/2024

Hong Kong Stocks Start Year With Steep Loss

Hong Kong stocks sank Tuesday on a disappointing return from the New Year break as worries about the Chinese economy trumped hopes for a series of Federal Reserve interest rate cuts in 2024.

Posted on 02/01/2024

Hong Kong’s IPO market to stabilise amid listing reforms and lower interest rates, PwC says

Hong Kong’s listing reforms include easier rules to help connect specialist tech companies with global capital. Fundraising in the city is expected to cross US$12.8 billion this year.

Posted on 02/01/2024

HSBC takes on Revolut, Wise with new forex app for non-customers

A new for app making international payments from HSBC Holdings will directly challenging the dominance of fintechs like Revolut and Wise that have gained tens of millions of retail customers by ...

Posted on 02/01/2024

Hang Seng Bank appoints CE senior adviser

Hong Kong-focused Hang Seng Bank, an HSBC subsidiary, has appointed George Siu Kay Leung to the role of senior adviser in its chief executive’s office, commencing January 1 2024.

Posted on 02/01/2024

Hong Kong tycoon Lai pleads not guilty in landmark security trial

By Jessie Pang HONG KONG (Reuters) -Hong Kong tycoon and pro-democracy advocate Jimmy Lai pleaded not guilty on Tuesday in his landmark trial, where he is accused of endangering China's national ...

Posted on 02/01/2024

Hong Kong media mogul Jimmy Lai enters not guilty plea in landmark national security case

Prosecutor accuses UK citizen Lai of using now-defunct Apple Daily newspaper to ‘pursue political agenda and orchestrate conspiracy’ ...

Posted on 02/01/2024

Global Impact: time to reflect on 2023 for mainland China, Hong Kong and the rest of the world, and look ahead to 2024

In this issue of the Global Impact newsletter, we look back at the events that shaped 2023, and looks forward to what we can expect in mainland China, Hong Kong and the rest of the world in 2024.

Posted on 02/01/2024

Economic growth, national security are Hong Kong government priorities for 2024, top officials say

Hong Kong’s leader John Lee has said that the government’s key goals for 2024 will be to boost the economy and improve people’s lives, as the city’s number two official Eric Chan said that ...

Posted on 02/01/2024

Jimmy Lai: Hong Kong mogul pleads not guilty to national security crimes

Hong Kong pro-democracy media mogul Jimmy Lai has pleaded not guilty after a case against him resumed on Tuesday. Mr Lai, 76, faces life imprisonment if found guilty of threatening Hong Kong's ...

Posted on 02/01/2024

Hong Kong activist publisher Jimmy Lai pleads not guilty to sedition and collusion charges

Prominent activist and publisher Jimmy Lai on Tuesday pleaded not guilty to three charges of sedition and collusion with foreign countries in a landmark national security trial in Hong Kong.

Posted on 02/01/2024

Hong Kong tycoon Jimmy Lai pleads not guilty to national security crimes

Hong Kong pro-democracy tycoon Jimmy Lai pleaded not guilty Tuesday to "sedition" and "collusion" charges in a high-profile national security trial that could see him jailed for life.The latter two ...

Posted on 02/01/2024

FWD HK sees Q3’23 new business climb 25% YoY

FWD Hong Kong’s new business count leaped 25% year-on-year during the third quarter of 2023, surpassing the industry average of 15% YoY. FWD attributed its performance to their focus on the local ...

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