Two men have each been sentenced to four weeks’ jail in Hong Kong after admitting offering and accepting bribes to help a supplier obtain a 500,000 yuan (US$70,000) purchase order for items used in ...
Voter Turnout Plunges In Hong Kong After Rules Shut Out Pro-Democracy Candidates
HONG KONG (AP) — Voter turnout plunged below 30% in Hong Kong’s first district council elections since new rules introduced under Beijing’s guidance effectively shut out all pro-democracy candidates, ...
Hong Kong runners dominate their big international race day
Hong Kong horses went 3-for-4 in Sunday's Longines Hong Kong International Races, including an emotional victory by 8-year-old Golden Sixty.
Hong Kong, Singapore prime property to see contrasting fortunes as luxury homes globally set to trend higher in 2024
The worst is likely over for the luxury property segment globally, with prime home prices set to rise more than previously anticipated, according to a report by Knight Frank. However, the fortunes of ...
China’s sportswear giant Li-Ning buys Henderson Land’s Harbour East for US$282 million to house its Hong Kong headquarters
Li-Ning, China’s biggest sportswear manufacturer, bought a 25-storey mixed office and retail building in North Point from Henderson Land for HK$2.2 billion (US$282 million), to house its headquarters ...
Hong Kong officials cut estimated price tag for 30,000 temporary flats by another HK$1.69 billion
Latest estimate of HK$24.75 billion is 9.6 per cent lower than initial HK$27.39 billion forecast when government proposed 'light public housing' scheme last December Government aims to build about 30, ...
Hong Kong’s first ‘patriots only’ election draws record low turnout
Hong Kong’s first “patriots only” election drew a record low turnout of 27.5 per cent as voters shunned a ballot that barred pro-democracy opposition candidates amid a tightening of national security ...
Hong Kong’s ‘Patriots Only’ Local Elections Marked by Arrests, Low Turnout: What to Know
The arrests of several pro-democracy protesters alongside record-low turnout on Sunday in Hong Kong’s first district elections in four years—a period that has been marked by the tightening of ...
Hong Kong Stocks Hit Fresh 2023 Low After Data Points to Deflation in China
Hong Kong's stock market can't catch a break. The city's Hang Seng Index fell 0.8% on Monday and closed at another new low for 2023. The index, which includes many large mainland Chinese companies, has now lost 18% in the year to date,
BOC Life’s outlook turns sour: Moody’s
Downgrade risks include failing profitability, capital adequacy, a downgrade of BOC Hong Kong's rating, and a decline in the ability or willingness of shareholders and affiliates to provide support.
Access Bank UK Granted Approval To Commence Operations In Hong Kong
"This license is a testament to our unwavering commitment, strategic foresight, and resilience over the past decade," said Herbert Wigwe.
Shooting hoops for charity: Hong Kong’s Dah Sing Bank hosts basketball tournament to raise funds for Operation Santa Claus
Young basketball enthusiasts and bank staff competed in 'Dah Sing Charity Score Challenge' Event raised money for 15 charitable projects supported by Operation Santa Claus (OSC), an annual fundraising ...
Moody’s Investors Service affirms Hongkong and Shanghai Banking Corporation (HSBC) at “Aa3” (LT- foreign currency credit rating); outlook stable
Moody's Investors Service affirmed the 'Aa3' LT- foreign currency credit rating of Hongkong and Shanghai Banking Corporation (HSBC) on December 8, 2023.
Global Impact: is the ‘economic centre of gravity’ moving towards Asia as Saudi ministers, executives descend on Hong Kong?
In this issue of the Global Impact newsletter, we look back at the Future Investment Initiative (FII) Institute’s first Asia conference that took place in Hong Kong.