HSBC shares pop as bank beats profit estimates and launches $3bn buyback Banking HSBC has unveiled its latest share buyback after beating profit estimates in the third quarter as the Asia-focused bank gears up for a major restructuring.
Prudential hopes sluggish first half won’t stand in the way of ambitious targets insurance The firm reported that new business profit fell three per cent in Hong Kong compared to last year, when there was strong growth in the wake of the pandemic.
CK Infrastructure jumps on London Stock Exchange debut as rules shake-up pays off Transport and infrastructure Shares in CK Infrastructure Holdings have risen on their London debut as the Hong Kong investor became the first company to list its shares since a sweeping overhaul of listing rules in July.
China accuses UK of false accusations against Chinese citizens May 25, 2024 China accused Britain on Saturday of false accusation, “wanton stigmatisation” and arbitrary arrests after the unexplained death of a man charged with illegally assisting Hong Kong’s foreign intelligence service. China’s foreign ministry office in Hong Kong said in a statement on its website that it strongly condemned Britain for what it said were false accusations [...]
Youtube blocks Hong Kong protest anthem after territory’s court bans song May 15, 2024 Youtube has blocked access to a popular protest anthem in Hong Kong after a court in the territory moved to ban the song.
Credit Suisse-UBS merger: Withers preps Hong Kong arbitration claim against Switzerland May 14, 2024 Law firm Withers is prepping an international arbitration against the Swiss government for its role in the merger of Credit Suisse and UBS
Chinese ambassador summoned after three charged with ‘assisting a foreign intelligence service’ related to Hong Kong May 14, 2024 In a statement, the police said it was not related to a recent counter-terror operation linked to the Kremlin.
China’s crackdown will do untold damage – Glory to Hong Kong! May 9, 2024 The threads between the City of London and Hong Kong are long, occasionally ugly, mostly glorious and now increasingly stretched.
Now ‘Glory to Hong Kong’ anthem is banned in latest totalitarian crackdown May 8, 2024 The protest anthem Glory to Hong Kong has been banned in the territory, as an ongoing free speech crackdown continues
Growth markets India and Thailand help Prudential keep up the momentum April 30, 2024 Prudential said these figures reflected the group's "strong momentum" despite strong comparators in the same period last year.