THE perception of Hong Kong’s decline as a financial hub and desirable place to live is both understandable yet overstated. During a recent business trip to Europe, one consistent reaction stood out: Clients’ faces flashed with concern and sympathy when I mentioned I was based in Hong Kong. I get it. For years, the narrative
The French embassy in Cambodia has said that it has been in contact with the father of a Hong Kong-based influencer who posted on social media that he had been kidnapped and his family and lawyers could not contact him. The embassy’s comments on Friday came a day after influencer Stephanie Cheng sought public attention
Hong Kong can be a crucial partner in the continued and orderly opening of mainland China’s capital markets, particularly in advancing the internationalisation of its currency, according to HSBC’s co-CEO. As a financial hub connecting East and West, Hong Kong “can play a key role in promoting the yuan’s internationalisation by expanding its offshore liquidity
Henderson Land Development, one of Hong Kong’s largest developers, has leased a 223,437 sq ft space in its prized mixed-use project in Central to Jane Street Asia in one of the largest leasing transactions in the city’s main business district in decades. The rent for the space, across six floors in New Central Harbourfront, will
A joint operation by Beijing’s national security arm in Hong Kong and the city’s police could be the first step in an investigation into an unusually complex collusion case that is ultimately handed over to mainland Chinese authorities, observers have said. The investigation is the first publicly known cooperation between the two sides and comes
Hong Kong looks set for a bumper year for IPOs after companies raised more than HK$76 billion ($9.7 billion) through new listings on the city’s exchange from the beginning of the year to May 25. That’s a year-on-year increase of more than eightfold and close to 90% of the HK$88 billion raised through such offerings
Hong Kong police have arrested eight men on suspicion of taking part in illegal road racing, including a 29-year-old man who allegedly drove what appears to be one of the force’s retired vehicles. Chief Inspector So Chi-bing of the regional crime unit in Kowloon East said officers arrested the eight men on Thursday after the
Hong Kong’s cash-strapped Urban Renewal Authority (URA) will issue another round of bonds this year and has reached out to investors in the Middle East and Europe, the body’s outgoing chief has revealed. Authority managing director Wai Chi-sing also said that two sites the government gave to the URA this month had strengthened its bargaining
