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15.02.26 - 04:36
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Why it′s troubling that Hong Kong board-member pay ranges from US$850 to US$1.67 million (SCMP)
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The highest-paid independent non-executive director (INED) of a Hong Kong-listed company in 2024 made US$1.67 million, nearly 2,000 times what the lowest-paid INED received, drawing attention to a potential disconnect between pay and the responsibilities of the role.
The lowest-paid INED received 6,000 yuan (US$867.94) in 2024, according to a survey by the Hong Kong Independent Non-Executive Director Association (HKINEDA), which was based on the 2024 annual reports of more than 2,600 listed......
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13.02.26 - 12:42
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CATL, CMOC Group, Laopu Gold join Hang Seng Index in latest quarterly review (SCMP)
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Electric-vehicle battery maker Contemporary Amperex Technology (CATL), copper miner CMOC Group and gold jewellery retailer Laopu Gold will join the Hang Seng Index next month following the latest quarterly review, as the compiler of the city's stock benchmark pushes ahead with its plan to boost the number of constituent stocks after Hang Seng Bank withdrew its listing status.
The three companies will be added to the gauge after the market close on March 6. Chinese car dealer Zhongsheng Group was......
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13.02.26 - 10:06
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Prince Jewellery director sells upscale Hong Kong flat, upgrades to duplex (SCMP)
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A director of Hong Kong-based Prince Jewellery and Watch has sold a flat in Kowloon and upgraded to a two-storey unit in the same neighbourhood, with an analyst saying that wealthy homeowners are taking advantage of improving sentiment to swap their dwellings.
Tang Yick-ki, a director at Prince Jewellery and Sky Regal Properties, completed both deals in just over a month. Tang also serves as a director in many other companies including Just Gold, Peonia Diamond and Peonia Holdings, according to......
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13.02.26 - 06:36
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Hong Kong′s Banker Shortage (Bloomberg)
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Hong Kong firms are on the hunt for more bankers to lead a booming pipeline of initial public offering deals after a years-long dry spell. Bloomberg's Dave Sebastian shares the latest. (Source: Bloomberg)...
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13.02.26 - 05:00
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How Standard Chartered′s SME Banking helps Hong Kong arts and crafts design firm′s growth (SCMP)
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Deepa Jivan has always had a strong creative drive. The London-born founder and CEO of J.Gordhan & Co has used that talent to build a successful business that specialises in designing and developing safe and sustainable arts and crafts products, stationery, lifestyle and educational products, including knitting and crochet kits, craft-themed gifts, stickers, painting-by-numbers and children's party essentials.
Her Hong Kong-based company creates new designs in-house and works with more than 80......
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13.02.26 - 03:06
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Hong Kong stocks decline, taking cues from US rout on jitters about AI disruption (SCMP)
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Hong Kong stocks fell on Friday, trimming a weekly gain, after a sell-off resumed on Wall Street on renewed concerns that artificial intelligence would disrupt business models across multiple industries.
The Hang Seng Index slid 1.1 per cent to 26,728.14 as of 9.48am local time. The Hang Seng Tech Index dropped 0.7 per cent.
On the mainland, the CSI 300 Index and the Shanghai Composite Index both retreated 0.4 per cent.
Search engine operator Baidu slumped 3.9 per cent to HK$143.80, Alibaba......
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13.02.26 - 01:36
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Box office bust? The show may be over for another Hong Kong cinema (SCMP)
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Hong Kong could see another cinema shut down in a prime retail district after the management of IFC Mall began informally sounding out potential tenants for the roughly 20,000 sq ft (1,858 square metres) occupied by Palace IFC, whose lease expires at the end of the year, according to people familiar with the matter.
Sun Hung Kai Properties (SHKP), which manages the mall in Central, had been reaching out to select industry contacts to explore options as the struggling cinema business had......
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12.02.26 - 14:06
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Policy to products: Web3 innovation takes centre stage at Consensus Hong Kong (SCMP)
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In a makeshift boxing ring, two humanoids square off; one in blue headgear and gloves, the other in matching red.
The spectacle might be run-of-the-mill for a robotics conference, but this was Consensus Hong Kong 2026, one of the largest events for the digital assets industry.
Behind the human-controlled fighting humanoids was BitRobot, an embodied AI research network built on the Solana blockchain.
Despite the bitcoin drawdown of recent weeks, the mood was upbeat. Consensus this year......
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12.02.26 - 12:54
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′Superman′ Li Ka-shing tops Hong Kong′s billionaire list with US$45.1 billion: Forbes (SCMP)
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Tycoon Li Ka-shing has added more than US$6 billion to his net worth, boosting his standing as Hong Kong's richest individual and contributing to a US$65 billion increase in the assets of the city's 50 richest people, according to Forbes.
Li, whose business interests span real estate, infrastructure and pharmaceuticals via companies such as CK Asset Holdings and CK Hutchison, had a net worth of US$45.1 billion this year, up from US$38.9 billion in 2025, according to a list compiled by the......
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12.02.26 - 12:06
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Yuan rally puts fresh steam into Hong Kong′s dim sum bond revival (SCMP)
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Hong Kong's offshore yuan bond market is set for another strong year – as the yuan climbed to its strongest level in nearly three years – prompting bankers to forecast more deals in 2026.
The city's dim sum bond market, yuan-denominated notes issued outside mainland China, had evolved from a niche funding channel into a more mainstream financing option, as technology firms and global companies accessed a deeper pool of renminbi liquidity amid a firmer currency, bankers said.
They added that the......
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12.02.26 - 09:36
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Hong Kong banks′ profit growth slows as rising bad debts offset wealth-management income (SCMP)
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Hong Kong's retail banks posted 7.3 per cent pre-tax profit growth last year, as rising bad debts and a narrower net interest margin offset growing income from wealth-management services.
The city's 30 retail banks recorded lower growth in aggregated pre-tax profit than in 2024, when profits increased 8.4 per cent, according to data from the Hong Kong Monetary Authority (HKMA).
The annual growth was much slower than the 62 per cent jump in 2023, when the city had just reopened the border with......
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