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 …
Hong Kong’s Paul Chan brushes aside concerns over fiscal viability of Lantau Tomorrow, Northern Metropolis megaprojects
Financial Secretary Paul Chan Mo-po on Wednesday described the Lantau Tomorrow Vision and Northern Metropolis megaprojects as “the golden key” to economic development and boosting Hong Kong’s housing …
Hong Kong Perpetual Bonds Slump in Sign of China Property Contagion
Perpetual dollar bonds sold by several Hong Kong-based companies have recently suffered their largest weekly declines in years, a sign of contagion from China’s property sector woes.Most Read from …
Neighbors of Japan, including South Korea and China, express fear as treated radioactive wastewater released
Residents from South Korea, China, Hong Kong, and Macau are considering removing seafood from their diet over fears of how Japan’s nuclear waste release may contaminate the ocean.