Higher stamp duty will bring in additional revenue and help to drive away speculative activities by high-frequency traders, but it also possible turnover could fall sharply. ( read original story ...)
Seaplane Hong Kong Wants To Ferry Passengers In Drones For $25
Zipping around Hong Kong in a drone might seem far-fetched, but would-be startup airline Seaplane Hong Kong is eyeing that possibility. With short travel times and low fares, Seaplane Hong Kong thinks ... ( read original story ...)
‘Insult to the Country’: Hong Kong Targets Art Deemed Critical of China
Pro-Beijing lawmakers have called for work by the dissident artist Ai Weiwei to be removed from a new museum, and accused local arts groups of undermining national security. ( read original story ...)
UK defends Hong Kong passport rights against China
China has tried to invalidate the special passport privileges granted to Hong Kong residents by the UK. Britain has rebuffed the move. ( read original story ...)
Hong Kong delves deeper into CBDCs
Speech by Howard Lee, deputy chief executive, Hong Kong Monetary Authority, at BIS Innovation Summit 2021. Fellow central bankers, distinguished speakers, ladies and gentlemen. It’s my pleasure to ... ( read original story ...)
Hong Kong actor Louis Koo’s donation helps to build 135 schools in China
KUALA LUMPUR, March 26 — Hong Kong actor Louis Koo’s philanthropy is not only confined to the city-state. As a photo of a kindergarten building at Henan with Koo’s name made its rounds on social media ... ( read original story ...)
Hong Kong Plans To Explore General Purpose CBDC
Hong Kong has been proactive in building digital currency. Other Asian countries are ramping up CBDC development. Japan recently announced that it would start its general purpose CBDC proof of ... ( read original story ...)
Hong Kong halts BioNTech COVID-19 vaccines, investigates packaging
HONG KONG (Reuters) - Hong Kong authorities halted the use of a COVID-19 vaccine developed by Germany's BioNTech on Wednesday, citing defective packaging, in a move that triggered scenes of confusion ... ( read original story ...)
Hong Kong ‘Homecoming Listings’ Are All the Rage, but New York Is Still the Life of the Party
U.S.-listed Chinese companies are flocking to go public in Hong Kong, but when it comes to trading, New York remains the place to beat. ( read original story ...)
Suez Canal blockage could see goods being shipped to Hong Kong delayed by at least three weeks, industry figures warn
Goods being shipped into Hong Kong were likely to be delayed by at least three weeks and could potentially cost more as a result of the blockage at the Suez Canal, industry figures warned on Friday. ( read original story ...)
Hong Kong shares rise on tech rebound
Great Wall’s Hong Kong shares soared 10.38% and its Shanghai shares rose by the 10% daily limit. ** The sub-index of the Hang Seng tracking energy shares rose 1.9%, while the IT sector rose 2.42%. The ... ( read original story ...)
Market sell-off overdone says DBS, expects Hang Seng Index to hit record high in 12 months’ time
Hong Kong stocks are in correction mode, having fallen for five straight days . The benchmark has eased more than 10 per cent from its recent high on February 17. forecasts the Hang Seng Index could ... ( read original story ...)
Hong Kong Buyout Firm EmergeVest Plans $250 Million SPAC
Hong Kong-based private equity firm EmergeVest is planning to raise $250 million through a special purpose acquisition company in the U.S., people with knowledge of the matter said.EmergeVest is ... ( read original story ...)
Hong Kong suspends BioNTech vaccines amid packaging defects
BioNTech will conduct a probe at its production facilities, while Hong Kong will examine whether the logistics process caused the defects ... ( read original story ...)