Hong Kong

New Business

Hang Seng Bank co-founder’s kin pays US$9.3 million for Hong Kong luxury flat

Sun Hung Kai Properties’ (SHKP) luxury residential projects in North Point and Mid-Levels have attracted well-heeled buyers, including a granddaughter…

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HSBC to occupy over 40,000 sq ft at Hong Kong’s Capitol Centre in 2026

HSBC is set to occupy more than 40,000 sq ft of space in Capitol Centre in Causeway Bay, as Hong…

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Explainer | The return of Red Sea shipping: 3 scenarios for Chinese trade

Houthi rebel groups in Yemen signalled in November they would halt attacks on commercial ships passing through the Red Sea…

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Mainland China’s billionaire count surges as BYD and Mixue bosses power wealth gains

Backed by a booming tech sector and surging asset prices, the wealth of mainland China’s billionaires jumped 22.2 per cent…

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China’s rich step up offshore bets as gold and insurance gain favour

More than half of China’s high-net-worth individuals (HNWIs) plan to increase the share of offshore investments in their portfolios over…

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Chinese consumer and tourism firms turn to shareholder perks to stimulate sales

More than 30 mainland-listed consumer goods and tourism companies have rolled out offers to shareholders – ranging from substantial discounts…

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Redefining Hong Kong as a Fashion Capital

Bosco Law grew up surrounded by the colours and textures of Hong Kong’s textile trade, an industry his family helped…

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Hong Kong insurers identify 8,700 life and property policies owned by Tai Po fire victims

About 30 Hong Kong-based insurance companies, including AIA and Manulife, have issued 7,600 life insurance and 1,100 property policies to…

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Opinion | How yuan internationalisation is helping to close the climate finance gap

As the United States renounces its climate commitments, a chain reaction of wavering pledges and scaled-back investments by other donors…

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HSBC names veteran accountant Brendan Nelson new chairman amid Asia growth push

HSBC Holdings, the biggest lender in Hong Kong and Europe, has appointed veteran accountant Brendan Nelson as group chairman, according…

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