Hong Kong News – Page 649 – Charm

Singapore, Thailand, Hong Kong – Celebrating Two Decades of Bridging Asia-Pacific Through Travel, Agoda Launches Seventy % Discount Event to Boost Regional Tourism

Cs news11 months ago11 months ago08 mins

Home » TRAVEL ASSOCIATION NEWS » Singapore, Thailand, Hong Kong – Celebrating Two Decades of Bridging Asia-Pacific Through Travel, Agoda Launches Seventy % Discount Event to Boost Regional Tourism Wednesday, May 21, 2025 Digital travel platform Agoda marks its 20th anniversary by launching one of its most extensive promotional campaigns to date. On May 21,…

Workers flee as thick smoke spews from Cathay flight simulator in Hong Kong

Cs news11 months ago01 mins

Thick smoke spewing from a flight simulator at Hong Kong flag carrier Cathay Pacific Airways’ headquarters triggered a fire alarm on Wednesday, leading to the evacuation of hundreds of workers. Police received a report at 4.40pm about smoke originating from a flight simulator at Cathay Pacific City on Lantau Island. Cathay Pacific City is the…

Hong Kong Passes Stablecoin Bill Backed by Legal Tender, Licensing Issuers via HKMA by End of 2025

Cs news11 months ago01 mins

The Hong Kong Legislative Council has passed the Stablecoin Bill in its third reading, establishing a licensing regime for fiat-backed stablecoin issuers The Hong Kong Legislative Council has passed the Stablecoin Bill in its third reading, establishing a licensing regime for fiat-backed stablecoin issuers. The new law allows institutions to apply to the Hong Kong…

Hong Kong passes stablecoin law, clearing way for licensed issuers to sell to public

Cs news11 months ago02 mins

Hong Kong lawmakers passed a law on Wednesday that establishes a regulatory regime for stablecoins, paving the way for issuers to obtain licences and sell the digital assets to the public. A stablecoin is a type of cryptocurrency that is pegged to a specific reserve asset, such as the US dollar or any fiat currency….

How Cathy Chui, ‘hundred-billion daughter-in-law’ of Hong Kong’s tycoon Lee Shau Kee, is cementing power in billionaire family

Cs news11 months ago09 mins

At the April 28 funeral of the senior Lee, who passed away at 97, she drew much attention as she stood prominently beside her husband, widely seen as the family’s heir. Chui is the only daughter-in-law in the family. Married in 2006 in what media dubbed “the wedding of the century,” Chui was once dismissed…

Sotheby’s reveals plans for wine shop and lounge in Hong Kong

Cs news11 months ago07 mins

Sotheby’s has revealed plans for a dedicated wine shop and lounge in its bricks-and-mortar space in Hong Kong, which hosted its first live wine auctions in late March. Rebecca Lo reports. George Lacey, director and head of wine, Asia at Sotheby’s, has led countless sales prior to The Connoisseur’s Cellar at Sotheby’s Maison in Hong…

New World drags Hong Kong banks into a loan tango

Cs news11 months ago01 mins

The developer wants to refinance $11 bln of loans but CEO Echo Huang has yet to reverse a 4-year revenue slump. Lenders including HSBC must weigh up the money-losing borrower’s problems against the pain a default could inflict on the rest of their property exposure in the city. Source link

Hong Kong central bank keeps key rate unchanged, tracking Fed move

China, Hong Kong shares rise, supported by mining and battery stocks

Cs news11 months ago03 mins

SHANGHAI, – China and Hong Kong stocks rose on Wednesday, led by mining and battery shares, as a rally in gold prices and the strong Hong Kong debut of CATL boosted sentiment. ** China’s blue-chip CSI 300 Index added 0.7% by the lunch break, while the Shanghai Composite Index gained 0.4%. Hong Kong benchmark Hang…

China’s Jiangsu Hengrui to raise $1.27 billion in Hong Kong listing, sources say

Cs news11 months ago02 mins

By Scott Murdoch SYDNEY (Reuters) -Chinese drug developer and producer Jiangsu Hengrui Pharmaceuticals will price its shares at HK$44.05 ($5.63) each, the top of its price range, to raise $1.27 billion in its Hong Kong listing, according to two sources with direct knowledge of the matter. The sources could not be named because they were…

4 Hongkongers hurt after school bus driver allegedly faints behind wheel, hits taxi

Cs news11 months ago01 mins

Four people, including a seven-year-old girl, have been injured after a school bus, whose driver is suspected to have fainted behind the wheel, collided with a taxi in Hong Kong. Police said they received a report from the taxi driver, 61, after his vehicle was hit by the bus near the junction between Hung Hom…