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Tag: Hong Kong

Posted on August 12, 2023

Exclusive: Credit Suisse to cut 80% of Hong Kong investment bank jobs from this week

HONG KONG, Aug 7 (Reuters) – Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be made redundant starting this week, two people with knowledge of the matter said …
Posted on August 12, 2023

Exclusive: Credit Suisse to cut 80% of Hong Kong investment bank jobs from this week

HONG KONG, Aug 7 (Reuters) – Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be made redundant starting this week, two people with knowledge of the matter said …
Posted on August 12, 2023

HK finance chief: Over 25 tech firms to set foot in Hong Kong

Over 25 firms in the innovation and tech sector have promised to invest over HK$17 billion in Hong Kong and create at least 4,000 jobs, according to Hong Kong’s finance chief Paul Chan.
Posted on August 11, 2023

Hozon steps up plans to develop right-hand drive Neta electric cars in Indonesia as it pushes ahead with its Hong Kong stock sale

More than a dozen carmakers, from BYD to Honda’s Chinese joint venture, are ramping up efforts to sell vehicles overseas, which has helped China overtake Japan as the world’s largest car exporter.
Posted on August 11, 2023

Vietnam EV maker VinFast gets SPAC shareholders’ nod to list in US

Shareholders of Black Spade Acquisition, a Hong Kong-based blank-cheque company, on Thursday approved a merger with Vietnam’s electric automaker VinFast, allowing the carmaker to list in the United …
Posted on August 10, 2023

‘No price war’: Hong Kong developers brush aside fears of a property crash

Developer dismisses claims of price war as experts say seven-year-low prices for Kowloon flats are not a dire omen for the market.

( read original story …)



Posted on August 9, 2023

‘No price war’: Hong Kong developers brush aside fears of a property crash even as CK Asset offers new Kowloon flats at 15 pc discount

The developer, the property flagship of Hong Kong billionaire Li Ka-shing, also dismissed claims that its discounted pricing aimed to, or would, trigger a price war. More than 22,000 prospective buyers have deposited cheques in hopes of buying flats at …

( read original story …)



Posted on August 9, 2023

Russian companies move legal battles to Hong Kong courts

Russian companies are turning to Hong Kong for dispute arbitration services as sanctions over the Ukraine war restrict their access to western courts. Lawyers in the city say Russian companies are …
Posted on August 9, 2023

Taiwan’s exports fall for 11th straight month, as mainland China’s weakened world-factory role hit shipments

Taiwan’s exports fell by 10.4 per cent in July from a year earlier due to weak demand from mainland China and Hong Kong Exports of Taiwan’s flagship electronic components, including semiconductors, …
Posted on August 9, 2023

Taiwan’s exports fall for 11th straight month, as mainland China’s weakened world-factory role hit shipments

Taiwan’s exports fell by 10.4 per cent in July from a year earlier due to weak demand from mainland China and Hong Kong Exports of Taiwan’s flagship electronic components, including semiconductors, …

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