Category: Stocks

Mar 09 2024

Hong Kong, Korea, Mainland, Stocks

What’s the point of a mandatory pension that offers no financial security?

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Hongkongers cashing out their Mandatory Provident Fund last year and this year are likely to get less than they put in At the very least, such forced savings should provide...

Mar 08 2024

Hong Kong, Korea, Mainland, Stocks

International Women’s Day: financial anxiety a burden, as traditional Hong Kong gender roles blamed for less savings but more worries

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Recent data and warnings from social workers suggest that Hong Kong women tend to save less but need more money when they reach retirement age.

Mar 08 2024

Hong Kong, Korea, Mainland, Stocks

Hong Kong proposes life terms for treason and insurrection in new national security bill

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Hong Kong unveiled a new national security bill Friday that proposes up to life imprisonment for offenses like treason and …

Mar 07 2024

Hong Kong, Korea, Mainland, Stocks

Hong Kong slams prohibition orders on former agents

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Three agents committed separate crimes such as falsified accreditation and unauthorised benefit transfers. Hong Kong’s Insurance Authority (IA) has taken disciplinary actions against three former …

Mar 07 2024

Hong Kong, Korea, Mainland, Stocks

Canada Pension Cuts 10% of HK Jobs on China Stock Slump

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Canada Pension Plan Investment Board has eliminated about a dozen positions in its Greater China public equities team this week, representing close to 10% of its Hong Kong staff, a...

Mar 04 2024

Hong Kong, Korea, Mainland, Stocks

Hong Kong agents say property deals jump after big policy moves

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Hong Kong’s property market immediately celebrated the removal of decade-long curbs with a jump in transactions, property agents said on Thursday, as authorities made a concerted bid to boost the...

Mar 04 2024

Hong Kong, Korea, Mainland, Stocks

Hong Kong’s disgruntled food delivery riders seek government help settling pay, contract disputes with platform operators

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In latest action since Monday, over 500 riders have refused to do deliveries during lunchtime peak period Labour Department says it will set up a meeting between striking riders and...

Mar 03 2024

Hong Kong, Korea, Mainland, Stocks

120 workers axed after Hong Kong contractor goes bust as officials scramble to contain any knock-on effect at related firms

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Labour Department has set up a helpline for about 120 employees of prominent contractor Fung Cheung Kee, welfare chief Chris Sun says Authorities working with unions to find out if...

Mar 01 2024

Hong Kong, Korea, Mainland, Stocks

Bond schemes’ borrowing limit is set

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Secretary for Financial Services & the Treasury Christopher Hui said the green bond programme is instrumental in promoting green finance in Hong Kong, signifying the … and priority investment by...

Feb 28 2024

Hong Kong, Korea, Mainland, Stocks

‘Hong Kong is over’? Economist Stephen Roach defends article intended as ‘wake-up call’; Xinhua hits out at ‘so-called experts’ trying to ‘contain China’

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An American economist has defended an article he wrote that claimed “Hong Kong is over”, saying it was intended as a “wake-up call” given his perception of a “growing undercurrent...