Shares in troubled Chinese property giant Evergrande plummeted more than 80 percent in Hong Kong on Monday morning after the lifting of a 17-month trading suspension.
China says its ban on Japanese seafood is about safety. Is it really?
In the busy streets of Hong Kong’s Central district the lunchtime queues snake around the swanky Japanese restaurants where high-end sushi can sell at $150 a pop just for a tasting menu.
Japanese restaurants in Hong Kong expect dip in business with import ban on seafood from Japan
HONG KONG: Some Japanese restaurants in Hong Kong are expecting a 30 per cent dip in business, after the city’s import controls on seafood from 10 Japanese prefectures kicked in on Thursday (Aug 24).
Markets rally on Powell comments, China boosted by duty cut
Shanghai and Hong Kong soared at the open following China’s decision to slash the tax paid on stock trades for the first time since 2008 as authorities battle to support the world’s second-largest economy. The Ministry of Finance and its State Taxation …
China EV giant XPeng to buy rival for more than $740 million
Chinese electric car giant XPeng said Monday it would buy the EV subsidiary of ride-hailing platform Didi for more than $740 million and launch a new brand of vehicles.In a filing to the Hong Kong …
Evergrande seeks to resume trading in Hong Kong, ending 17-month halt after claiming it met all seven conditions imposed by exchange
Developer has sufficient business operations, is trying its utmost to deliver properties, it says in filing Evergrande continues to face winding-up petitions in Hong Kong, the Cayman Islands and the …
Goodbye, Hong Kong: Kim Robinson, ‘God-level’ celebrity hairstylist, is ready to close up shop
With his Chater House salon a victim of redevelopment, hairstylist to the rich and famous Kim Robinson has decided the universe is hinting he should quit while he’s ahead. He recalls good and bad …
Fintech to get bigger push as HKMA joins with securities and insurance regulators on 12-month road map to wider adoption
Plan will encourage banks, brokers and insurers to invest in technology to enhance services in wealth management, insurance and green finance Citi’s Hong Kong and Macau CEO welcomes the HKMA road map …
In first, Hong Kong police arrest 6 over finance scams involving deepfake technology
Hong Kong police have arrested six people over the use of deepfake technology to take out loans in other people’s names. Addressing reporters on Friday, superintendent Dicken Ko said that, with the …
In first, Hong Kong police arrest 6 over finance scams involving deepfake technology
Hong Kong police have arrested six people over the use of deepfake technology to take out loans in other people’s names. Addressing reporters on Friday, superintendent Dicken Ko said that, with the …