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Tag: Hong Kong

Posted on February 9, 2024

As China woes mount, investment banks brace for more Asia job cuts

A new round of staff cuts that began in late 2023 on the Chinese mainland and Hong Kong, key regional investment banking hubs, will gather pace in the coming months, they added. U.S. boutique bank …
Posted on February 9, 2024

Japan set for fresh 34-year highs; most Asian markets are closed for Lunar New Year holiday

China, South Korea and Taiwan’s markets will be fully shut, while Singapore and Hong Kong will see a half day of trading …
Posted on February 9, 2024

Chinese fans slam Lionel Messi for sitting out HK match but playing in Japan days after

Argentine football star Lionel Messi has apologized to Chinese fans for skipping a friendly game in Hong Kong over the weekend due to an injury, only to be spotted playing in Japan days after. What …
Posted on February 8, 2024

China Market Update: Markets Take A Breather Before Lunar New Year Holiday

The Lunar (Chinese) New Year holiday begins tomorrow. Mainland markets will be fully closed starting tomorrow and remain closed for all of next week. Hong Kong will have a half day tomorrow and be …

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Posted on February 7, 2024

Sustain crackdown on Hong Kong housing abuses

Vigorous action against those who misuse city public flats is imperative to make room for the needy When the government initiated a fresh crackdown on public housing abuses last year, the public …

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Posted on February 7, 2024

Hong Kong, Singapore prime property prices to see big declines as high rates weigh on sentiment: Savills

Of the 30 cities monitored in the Savills World Prime Residential Index, 17 will see price declines, with Hong Kong projected to see the highest drop of up to 10 per cent and as much as 3.9 per cent …

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Posted on February 6, 2024

Hong Kong church Island ECC acquires floors in building that is home to famous Sunbeam Theatre

The church has secured several floors at the property at 413-423 King’s Road as its ‘future permanent home in Hong Kong’, it said in a statement on its website.

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Posted on February 5, 2024

Banks prepare for new rules allowing Hong Kong, Macau homebuyers to bypass daily remittance cap when buying property in Greater Bay Area

Hong Kong and mainland Chinese banks are preparing for a new cross-border payment regime that will make it easier for Hong Kong and Macau homebuyers to transfer the funds they need to purchase …

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Posted on February 5, 2024

‘Everyone looked real’: multinational firm’s Hong Kong office loses HK$200 million after scammers stage deepfake video meeting

Employee fooled after seeing digitally recreated versions of company’s chief financial officer and others in video call Deepfake technology has been in the spotlight after fake explicit images of pop superstar Taylor Swift spread on social media sites A multinational company lost HK$200 million (US$25.
Posted on February 5, 2024

Exposing Hong Kong’s invisible land grab: why homeowners have few qualms breaking rules to build add-ons to luxe homes

In upscale communities and largely out of the public eye, mansion owners are suspected of adding millions of dollars in value to their homes with unauthorised structures Lax enforcement, anaemic fines …

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