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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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New Business

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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New Business

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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New Business

Opinion | In betting on Saudi Arabia, Hong Kong is really betting on itself

Hong Kong’s financial identity is entering a new chapter, shaped as much by strategic alignment as capital flows. By co-launching…

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New Business

Work in progress: Hong Kong reaps the fruits of fintech seeds sown nearly 10 years ago

When Alvin Kwock, co-founder of digital insurer OneDegree, took part in the inaugural Hong Kong FinTech Week in November 2016,…

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New Business

Hong Kong moves from theory to practice with real-value tokenised money, asset deals

Hong Kong’s de facto central bank has begun facilitating real-value transactions using tokenised deposits and digital assets under a controlled…

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New Business

Hong Kong prices world’s first government bonds with tokenised settlement

The Hong Kong government priced a record HK$10 billion (US$1.3 billion) tokenised green bond offering on Monday, completing the world’s…

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New Business

Hong Kong roars ahead as top wealth hub, overtaking Singapore

Hong Kong has seen a sharp increase in wealthy clients opening accounts to manage their assets this year, surpassing other…

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New Business

Hong Kong property deals rise to 3-month high as buyers take advantage of rate cut

Sales of new and second-hand homes – as well as office units, shops, industrial properties and parking spaces – rose…

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New Business

China still ‘beating heart of global luxury’ as French giant LVMH signals faith in market

French luxury giant LVMH has expressed full confidence in the Chinese market despite sluggish consumption in the world’s second-largest economy,…

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