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Tag: Hong Kong

Posted on December 16, 2022

Hong Kong retail shareholders revive HSBC spin-off call

A group of HSBC’s Hong Kong-based retail investors are seeking support to demand the bank restore its pre-pandemic dividend and set a plan to spin off assets.
Posted on December 14, 2022

Sotheby’s Gets New Hong Kong Auction House After Record Sales

Sotheby’s will open a property that will house its auctions and exhibitions in Hong Kong and move its headquarters in the city to cater to growth in Greater China following record sales. Located at …

( read original story …)



Posted on December 14, 2022

Crypto savings, staking products not protected in Hong Kong, finance regulator says

The Hong Kong SFC said that virtual asset investments offering high-interest returns on cryptocurrency deposits and those that guarantee additional assets at fixed rates are unregulated products that …
Posted on December 13, 2022

Hong Kong GDP falls 4.5% in third quarter as government expects over HK$100bn deficit, financial chief says

Hong Kong Free Press. Hong Kong’s gross domestic product fell by 4.5 per cent in the third quarter after accounting for inflation, the city’s financial chief has said. The …
Posted on December 13, 2022

Hong Kong GDP falls 4.5% in third quarter as government expects over HK$100bn deficit, financial chief says

Hong Kong Free Press. Hong Kong’s gross domestic product fell by 4.5 per cent in the third quarter after accounting for inflation, the city’s financial chief has said. The …
Posted on December 13, 2022

CPA Australia: Half of accountants tip stronger Hong Kong economy amid property price falls

Majority in survey forecast Hong Kong’s economy to grow or remain unchanged in 2023 Over half of accounting and finance professionals bracing for property price falls Forty-three per cent predict …
Posted on December 13, 2022

Exclusive-China readying $143 billion package for its chip firms in bid to compete with U.S. -sources

By Julie Zhu HONG KONG (Reuters) -China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said, in a major step towards self sufficiency in chips and to counter U.
Posted on December 13, 2022

Hong Kong leader to press China anthem request with Google

Hong Kong’s leader said Tuesday he will push Google to display China’s national anthem as the top result in searches for the city’s anthem instead of a protest song. The comments by John Lee, Hong Kong’s chief executive,
Posted on December 13, 2022

China sought reopening advice from Hong Kong before zero-Covid protests

Hong Kong public health experts travelled to Beijing in early November to advise Chinese officials about lifting restrictions nationwide, weeks before widespread protests broke out against zero-Covid …
Posted on December 12, 2022

China’s relaxation of ‘zero-Covid’ controls comes at a crucial time for Hong Kong property

Hong Kong needed China to start reopening last year, when borrowing costs were at rock-bottom levels and the post-pandemic recovery was under way Hong Kong’s prospects hinge on a full reopening of the …

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