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 ...
Mainland China and Hong Kong Stocks Slide Amid Economic Woes and Geopolitical Tensions
Mainland China and Hong Kong stocks ended lower on Monday, continuing a losing trend as investors anticipate policy stimulus in light of a weak economic recovery, rising geopolitical tensions, and ...
Chinese Stocks in Hong Kong Near Correction Ahead of Plenum
(Bloomberg) -- A gauge of Chinese stocks listed in Hong Kong approached a technical correction as investors remain cautious about the economic outlook ahead of a key meeting of the nation’s top ...
Cut from a different cloth: the future of Hong Kong’s ‘24-hour’ suit
Hong Kong inherited its tailoring tradition from Shanghai after outfitters and their clientele fled there in the wake of the Chinese Communist revolution in 1949. The city’s subsequent reputation as a ...
HSBC Reportedly Intends to Further Explore Indian Affluent Diaspora Mkt
HSBC HOLDINGS (00005.HK) is testing a series of new products and services in an attempt to seize more business from India's wealthy expatriates, Bloomberg quoted people with th... HSBC HOLDINGS (00005 ...
Finance chief urges Cathay Pacific to raise service quality to boost Hong Kong’s aviation hub status
Hong Kong’s finance chief has told local flag carrier Cathay Pacific Airways to raise its service quality to help enhance the city’s status as an international aviation hub and expand its network to ...
Hong Kong fines DBS Bank $1.3m for money-laundering breaches
HONG KONG — The Hong Kong Monetary Authority (HKMA) fined the local arm of Singapore's DBS Bank HK$10 million ($1.3 million) for breaches of its anti-money laundering law, the banking regulator said ...
HSBC Buys back 3.35M Shrs for HKD231M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 3.35 million shares of the company on the UK and Hong Kong markets yesterday (4th), involving a total of HKD231 mi... HSBC HOLDINGS ...
Hong Kong fines DBS Bank HK$10m for money-laundering breaches
The Hong Kong Monetary Authority has fined the local arm of Singapore's DBS Bank for breaches of its anti-money laundering law.
Hong Kong bridge half-marathon returns, bosses say food, water, delay issues resolved
When the inaugural 8,000-runner race on the bridge took place last November, participants were left frustrated by a lack of food during and after the event, a shortage of toilets and water and absence ...
HKMA fines DBS Hong Kong US$1.28 million after money-laundering investigation
The bank failed to conduct enhanced due diligence in high-risk situations in periods between April 2012 and April 2019, the HKMA says.
Hong Kong fines DBS Bank $1.3 mn for money-laundering breaches
The Monetary Authority fined the local arm of Singapore's DBS Bank HK$10 million ($1.3 million) for breaches of its anti-money laundering law, the banking regulator said on Friday.
Hong Kong bridge half marathon to feature food, more water, less waiting in 2025
Second edition to be held in January, and race chief says improvements have been made to address issues at the first race.
HSBC fined record US$3 million for use of ‘unauthorised’ agents in MPF recruitment scheme
HSBC, Hong Kong’s biggest lender, has been hit with a record fine of HK$24 million (US$3 million) by the pensions regulator for offering incentives to “unauthorised intermediaries” to get corporate ...