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01.05.26 - 07:30
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Gold, cruises and Dior: how Hong Kong lenders are enticing wealthy mainland China visitors (SCMP)
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Gold bars, cruises, Dior beauty services and Rosewood Hong Kong vouchers are just some of the incentives Hong Kong's major lenders are offering in hopes of capturing wealthy clients, as visitors from mainland China descend on the city during the golden week holiday starting on Friday.
HSBC, Standard Chartered and Bank of China (Hong Kong) – the city's three biggest banks – Citigroup, DBS Hong Kong, ICBC Asia, Bank of East Asia and Hang Seng Bank have all extended the hours of certain branches on......
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29.01.26 - 08:15
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Research: UOB Kay Hian Downgrades CHINA OVS PPT to Hold, Slashes TP to HKD4.3 (AAStocks)
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UOB Kay Hian has released a research report predicting that CHINA OVS PPT (02669.HK) will report a YoY drop of 9.5% in the 2025 net profit attributable to shareholders, given that pressure on gross margins, continued weakness in engineering services, and deteriorating collection conditions will have offset revenue growth.Based o......
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15.12.25 - 09:02
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Indian tourists among biggest spenders on luxury goods in Singapore (Times of India)
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Indian tourists are significantly boosting Singapore's luxury retail sector, helping it buck a global downturn. Their substantial spending, coupled with longer stays, fuels growth in premium goods, dining, and attractions. This trend, also supported by Chinese and Indonesian visitors, positions Singapore for a projected 7-9% rise in luxury sales this year, outperforming regional competitors....
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