Hong Kong's central bank has sold more of its local currency so far this year than it did in any full year since the global financial crisis, in a bid to stop the unit strengthening and breaking its ... ( read original story ...)
Hong Kong’s FX intervention hits post financial crisis milestone
The Hong Kong Monetary Authority sold HK$10.9 billion ($1.41 billion) on Tuesday in interventions in Hong Kong and U.S. trading hours. That brings its total so far this year to HK$230.6 billion, ... ( read original story ...)
UPDATE 3-Hong Kong’s FX intervention highest since 2009 crisis
Hong Kong's central bank has sold more of its local currency so far this year than it did in any full year since the global financial crisis, in a bid to stop the unit strengthening and breaking its ... ( read original story ...)
Soft Start Likely For Hong Kong Stock Market
Ahead of Tuesday's unscheduled day off due to Typhoon Nangka, the Hong Kong stock market had ended the two-day slide in which it had fallen more than 120 points or 0.5 percent. The Hang Seng Index now ... ( read original story ...)
Hong Kong’s mid-sized developers seek to create markets in unlikely niches to survive city’s worst economic slump on record
Hotels and shopping centres are bearing the brunt of Hong Kong’s economic slump as the number of tourists in the city began to dwindle last year following the massive street protests that rocked Hong ... ( read original story ...)
Greater Bay Area: Hong Kong’s stricken tourism industry cannot wait for mainland visitors to return, but will they come back?
As Hong Kong tries to reboot its economy amid the coronavirus pandemic, can the Greater Bay Area provide opportunities that are ripe for the taking? In the final of a three-part series ahead of the ... ( read original story ...)
HKMA sells HK$4.6bln into market as currency hits strong end of trading band
The Hong Kong Monetary Authority sold HK$4.6 billion ($593.55 million) into the market in New York trading hours on Tuesday after the local currency hit the strong end of its trading band, according ... ( read original story ...)
Coronavirus: Hong Kong social-distancing rules will be extended as city records 8 new cases, 2 of them untraceable
Hong Kong recorded eight new Covid-19 cases on Tuesday, with social-distancing rules - including the four-person limit on public gatherings - set to remain in force for another week. The extended ... ( read original story ...)
HSBC rolls out digital investment account opening
Launch comes at a time when Hong Kong banks are ramping their digital mutual fund distribution channels #hongkong #hsbc #investment ... ( read original story ...)
Hong Kong Racing Tips: Terrior to give his rivals a fright
PUNTERS are going to need an update on track conditions before racing gets underway at Happy Valley on Wednesday. With The post Hong Kong Racing Tips: Terrior to give his rivals a fright appeared ... ( read original story ...)
Do China’s new plans for Shenzhen mean a Greater Bay Area back seat for Hong Kong?
While some analysts fear Hong Kong could be marginalised by new emphasis on neighbour, others believe the two can complement each other. ( read original story ...)
Hong Kong life and business should weather the storm
Hong Kong is now more willing to embrace e-commerce, fintech, telemedicine, online meetings, tuition and working from home. A severe storm is no less a threat; we have the tools to ensure life and ... ( read original story ...)
Tropical Storm Nangka sets record as farthest cyclone to trigger a No 8 signal in Hong Kong
Tropical Storm Nangka became the most distant cyclone from Hong Kong to trigger a No 8 typhoon signal in 60 years when the observatory raised the warning early on Tuesday, as the weather system ... ( read original story ...)
Exclusive: Chinese regulatory probe delays approval for Ant’s IPO, sources say
China's securities regulator is probing a potential conflict of interest in fintech giant Ant Group's planned $35 billion stock listing, delaying approval for what could be the world's largest IPO, ... ( read original story ...)