Hong Kong Rugby Union says it is ‘thrilled’ by number of sales, with organisers to also host 6,000 school students at launch event. ( read original story ...)
US lawmakers urge bank chiefs to reconsider Hong Kong meeting
US lawmakers on Thursday asked executives of major banks to reconsider attendance at a major conference next week in Hong Kong, saying their presence legitimizes China's clampdown in the city. ( read original story ...)
HSBC offers more questions than answers
Internally, it is assumed that he did this in order to improve his chances as CEO; HSBC’s relationship with China and Hong Kong is the most pressing matter it faces in the world today, and it remains ... ( read original story ...)
Hong Kong’s lived-in home prices fall to the lowest level since January 2019, with analysts predicting further decline
Hong Kong's secondary home prices fell 2.1 per cent in September, taking the year-to-date slump to 8.1 per cent Home prices are expected to fall further for the rest of the year and test the 10 per ... ( read original story ...)
Hong Kong Finance Chief Contracts Covid Ahead Of Banking Summit
Hong Kong's finance chief could have to miss an upcoming global banking summit in the city, after his office revealed Thursday he had tested positive for the coronavirus. City authorities are eager ... ( read original story ...)
Wanda Property Management Unit Renews Hong Kong IPO Filing
Zhuhai Wanda Commercial Management said it submitted an application to the Hong Kong exchange late Tuesday. It is the third attempt by the company to make a Hong Kong initial public offering after two ... ( read original story ...)
Fifth Time Lucky? Wheel Maker Buyang Takes New Spin at Hong Kong IPO
Buyang International is making a fifth attempt to list in Hong Kong, hoping to raise funds for a major new expansion that will double its capacity The company churns out a majority of its revenue from ... ( read original story ...)
Hong Kong Hang Seng Up 1% on Central Bank Outlooks
The Hong Kong Hang Seng Index opened higher Wednesday, wobbled, but still finished up 1% as traders weighed prospects for less tightening by major global central banks, including the US Federal ... ( read original story ...)
China and Hong Kong stocks rebound on slower rate-hike hopes
China stocks recovered on Wednesday, as signs of the U.S. Federal Reserve slowing its aggressive interest rate hikes and Beijing's supportive tone on the market boosted sentiment. ( read original story ...)
HSBC’s direction in question after Elhedery’s sprint to CEO contender
LONDON/SINGAPORE: Georges Elhedery's appointment as HSBC's chief financial officer caps a journey that's taken him from war-torn Lebanon to frontrunner for the top job at Europe's biggest bank. It’s ... ( read original story ...)
HSBC’s Sudden CFO Change Piles On the Investor Gloom
The bank delivered some ugly surprises, and bad headlines continue to plague the UK and China, two of its most important markets. ( read original story ...)
HSBC ditches its cost-cut tsar before job is done
HSBC , boss Noel Quinn is getting rid of a cost-cutting finance chief, Ewen Stevenson, while his skills are still in need. To avoid spooking investors, new broom Georges Elhedery will have to wield ... ( read original story ...)
HSBC’s third-quarter profit beats expectations as Hong Kong and UK, its two biggest markets, face economic pressure
Net profit fell to US$1.9 billion, compared with US$3.5 billion in last year's third quarter; better than analysts' expectations Ewen Stevenson to step down as chief financial officer at end of the ... ( read original story ...)
HSBC appoints Georges Elhedery as CFO, potential CEO-in-waiting
The change came as HSBC reported profits slid 42% in the third quarter, hit by rising loan losses as well as charges from the sale of its French business. ( read original story ...)