Gold, mahjong sets, fancy lai see packets and dinners with fireworks views are among the incentives Hong Kong banks are using to lure wealthy customers from the city and the mainland during the Lunar New Year, which kicks off on Tuesday. Hong Kong authorities estimated that as many as 1.43 million mainland visitors would cross…
HSBC Holdings, Hong Kong’s largest lender, on Tuesday opened a 23,000-square-foot wealth management centre in the International Commerce Centre (ICC), which is expected to give a boost to the city’s struggling office market and help the bank serve its wealthy clients. The centre is located on the 99th floor of the ICC and it is…
Russian President Vladimir Putin and Chinese President Xi Jinping will not travel to Brazil for the BRICS Summit scheduled for early next month. Although there is no official announcement yet, media reports suggested that Xi plans to skip the BRICS Summit, which, if confirmed, will be his first-ever absence from the meeting of the bloc…