Also in today’s newsletter, BYD agrees $1bn deal to build Turkish EV plant, and Japan and the Philippines sign a defence pact ...
Rich Chinese return to Hong Kong as Singapore steps up scrutiny
It’s a shift from the pandemic years when Hong Kong’s strict quarantine and political upheaval led to mainland Chinese flocking to Singapore. Now, private bankers, service providers and insurers are ...
Talent-hungry Hong Kong can drop the hard sell and learn from Singapore
One-sided comparisons only expose Hong Kong’s insecurities; it should focus on learning from Singapore’s success in attracting global talent ...
John Lee hopes Hong Kong can welcome giant pandas by National Day on October 1
I’m particularly happy to be here. I believe the public will share my excitement when the pair of pandas arrive in Hong Kong,’ city leader says.
Hong Kong Unveils Plan to Regulate Uber 10 Years After Launch
Hong Kong outlined long-anticipated plans to regulate ride-hailing services, potentially limiting the scope of Uber Technologies Inc. in a city known for its poor taxi services. Authorities intend to ...
Some Hong Kong restaurants ditching Octopus e-payments to reduce costs amid business slump
Post observes some businesses opting out after adopting system during Covid-19 pandemic to capitalise on government e-vouchers Some Hong Kong merchants, especially in the catering sector, have ditched ...
Six companies to list in Hong Kong’s busiest debut week this year
Six companies are set to start trading in Hong Kong this week after raising a combined HK$4.31bil (US$551mil) in the busiest week this year for initial public offering (IPO) debuts.
HSBC fined $3 million over incentives given to unauthorised agents for MPF scheme
HSBC has been fined HK$24 million ($3.07 million) for offering incentives to "unregistered intermediaries" to get clients to join its Mandatory Provident Fund (MPF) scheme in 2020 and 2021, Hong ...
HSBC fined $3 million over incentive offers to agents around MPF scheme
HSBC has been fined HK$24 million ($3.07 million) for offering incentives to "unregistered intermediaries" to get clients to join its Mandatory Provident Fund (MPF) scheme in 2020 and 2021, Hong ...
HSBC fined £2.4m by Hong Kong’s pensions regulator
HSBC has been fined HKD 24m (£2.4m) by Hong Kong's pension regulator, it was reported on Monday, for offering incentives to unauthorised agents to promote its Mandatory Provident Fund (MPF) scheme in ...
Hong Kong banks ramped up hiring but investment bankers laid off
Trade and private bankers are most in demand, although banks are cautious. The recovery of staff numbers in HSBC and other banks in Hong Kong propelled the number of total bankers employed in the city ...
Hong Kong draws US$1.3 billion from investors with city’s cash-for-residency olive branch
Hong Kong has attracted more than HK$10 billion (US$1.3 billion) under the four-month-old, cash-for-residency scheme, as the city pushes ahead with its family office hub ambitions.
Hong Kong’s US$1.3b pile from residency scheme a boon for family office hub goals
Hong Kong has attracted more than HK$10 billion (US$1.3 billion) under the four-month-old, cash-for-residency scheme, as the city pushes ahead with its family office hub ambitions.
Hong Kong’s government seeks to regulate online car-hailing platforms
The Hong Kong government is seeking to regulate online car-hailing platforms through licensing and impose tougher penalties on illegal ride services ...