Hong Kong
Standard Chartered to split Asia operations into Hong Kong and Singapore hubs
The move aims to curb costs and simplify the bank's structure.
Standard Chartered to split Asia operations into Hong Kong and Singapore hubs
The move aims to curb costs and simplify the bank's structure.
Tencent unveils plan to ease Greater Bay Area travel through WeChat
Travel permits and IDs would be linked to the app to facilitate border crossing.
Thriving IPO scene under threat as the Mainland eyes similar bourse reforms
China is reportedly mulling lower thresholds for biotech firms to list.
Total port cargo throughput down 0.7% to 65.7m tonnes in Q1
Tonnage of inward port cargo plunged in Singapore, Korea, Japan and Vietnam.
Sunny Optical stock rallies by a whopping 9,500%
The Mainland lens producer is now worth $22b.
How is the younger generation changing Hong Kong's consumer credit market?
The volume of unsecured products bought by Generation Z or consumers born 1995 or later ballooned by 63%.
Three out of five jobseekers hunt through mobile phones
Job applications should also be mobile friendly.
Xiaomi reportedly plans $3b Chinese Depository Receipts in mega IPO
It may raise 30% of shares in the Mainland and the rest in Hong Kong.
Property sales down 10.9% to $63.5b in May
Skyrocketing property prices may have finally dampened demand.
Communications Authority makes 5 GHz shared band available for faster Internet
This gives Hong Kong the status of being one of the first to adopt such advanced mobile tech.
Blockbuster IPOs buoy Hong Kong loans 17.1% in April
The city is hosting the back-to-back flotations of Xiaomi and China Tower.
Residents embrace shipping container homes amidst public housing holdup
Hong Kong's housing shortage has bred several creative residential solutions.
Hong Kong inks deal with Germany for cross-border securities regulation
It was signed by the Securities and Futures Commission and Bundesanstalt fur Finanzdienstleistungsaufsicht.
SFC slaps wealth management firm Noah Holdings with $5m fine
The company sold unsuitable investment products as a result of defective risk profiling questionnaires.
SFC slaps Hang Seng Bank's investment arm with $3m fine
The firm failed to comply with cash management guidelines involving SFC funds.
Retail sales up 12.3% to $39.5b in April as tourism strengthens
Tourist arrivals posted double digit growth after rising 11% in April.
Approved mortgage loans down 5.6% to $37.3b in April
However, the number of mortgage applications rose to 14,898.
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