HONG KONG — Hong Kong has appointed long-time policy insider Eddie Yue to lead its central bank, the Hong Kong Monetary Authority (HKMA), the city’s finance secretary said on Thursday. ... ( read original story ...)
Hong Kong to promote monetary authority veteran Eddie Yue to head city’s de facto central bank
Hong Kong's government will promote a veteran insider to succeed the departing chief executive of its de facto central bank, a move that ensures continuity and stability in the city's monetary ... ( read original story ...)
Hong Kong June exports, hit by trade friction, suffer biggest fall since 2016
HONG KONG — Hong Kong’s total exports in June suffered their biggest annual fall in nearly three and a half years, hurt by a slowdown in China and the impact on the port city’s manufacturers ... ( read original story ...)
Hong Kong stocks end higher as tech lends support
The Hang Seng index rose 0.3% to 28,594.30 ... At close, China’s A-shares were trading at a premium of 28.13% over Hong Kong-listed H-shares. (Reporting by the Shanghai Newsroom; editing ... ( read original story ...)
HK business community wants early resolution of crisis
Rents in Hong Kong are high by global standards. Grade-A office rents in Central, for example, are the highest in the world and, by some estimates, more than 50 percent higher than in New York Midtown ... ( read original story ...)
Hong Kong could see exodus of funds and people as China asserts its power
Earlier this month, Hong Kong's leader Carrie Lam suspended the bill, but the business community is among those calling for the proposed law to be scrapped altogether. It has sparked fears of a second ... ( read original story ...)
Chinese military can be deployed at Hong Kong’s request to contain protests, Beijing says
“The fact that China’s defence ministry would telegraph its willingness to mobilise the PLA in Hong Kong is certain to be a shock to the business community. No one wants to see a new Tiananmen in ... ( read original story ...)
10 Promising Swiss Fintechs Eyeing Hong Kong’s Market
“We are very happy to bring this competitive selection of fintech startups for the first time to Hong Kong to approach investors and explore the booming fintech startup ecosystem in Hong Kong and Asia ... ( read original story ...)
Start-up CEO: Buying a house is ‘completely crazy,’ so co-living will be the answer for many
That's the assessment from Yoan Kamalski, the founder of Singapore-based co-living start-up Hmlet. Instead of purchasing property, he told CNBC on Tuesday, many people in places like Australia and ... ( read original story ...)
Hong Kong home prices seen weakening after huge protests but only briefly-realtors
Real estate consultancy Colliers International (CIGI.O) forecast housing prices in one of the world’s most expensive property markets will fall 4% in the second half, but still rise 6% for the full ... ( read original story ...)
HSBC Life launches two new products
Edward Moncreiffe, chief executive, Hong Kong, HSBC Life, said business has been good and the two Qualifying Deferred Annuity Police products launched by the company has been well received with 7,500 ... ( read original story ...)
Hong Kong residents flock to buy in London amid political and civil unrest
There has been a surge in the number of Hong Kong residents travelling to London to invest in residential property, according to luxury London estate agency Aston Chase. Amid significant political and ... ( read original story ...)
Violence in Hong Kong’s Yuen Long casts long shadow over property projects in New Territories
Mob violence in areas such as Yuen Long will affect demand for new projects in the northern New Territories of Hong Kong, with sales expected to drop 20 per cent this month, Centaline Property Agency ... ( read original story ...)
Why Hong Kong’s angry and disillusioned youth are making their voices heard
But many young people in what is one of the world’s most densely populated and expensive cities are also infuriated by Over the past decade, Hong Kong’s residential property prices have skyrocketed by ... ( read original story ...)