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Month: September 2021

Posted on 15/09/2021

Hong Kong stocks slide on China slowdown concerns as Evergrande sinks to seven-year low on debt crisis

Key China reports on Wednesday suggest the economy lost further momentum in August. Evergrande slumped after it hired outside advisers, signalling a possible reorganisation of its offshore debt. ( read original story ...)

Posted on 15/09/2021

Live: Understand Hong Kong’s housing market with an apartment tour

Hong Kong's housing market is known for its high purchase and rental pricing. CGTN reporter Cen Ziyuan takes you on an apartment tour to learn more. ( read original story ...)

Posted on 15/09/2021

Hong Kong District Councillor expelled after failing to take ‘loyalty oath’

Authorities in Hong Kong have expelled an elected pro-democracy member of the citys District Council for failing to turn up to pledge allegiance to the government and the ruling Chinese Communist ... ( read original story ...)

Posted on 15/09/2021

Over 2,000 Fake Rolex, Richard Mille Watches From Hong Kong Seized by Customs Agents

Over 2,000 fake Rolex and other designer watches, originating from Hong Kong, were recently seized by customs agents in Kentucky. According to a press release from Customs and Border Protection (CBP), ... ( read original story ...)

Posted on 15/09/2021

Tung Chee-hwa, ex-Hong Kong chief executive, becomes first-time homeowner at 84 with purchase of US$20.6 million luxury home

Tung Chee-hwa, Hong Kong’s first postcolonial chief executive from 1997 to 2005, bought a luxury home at Grenville House in Hong Kong’s posh Mid-Levels district for HK$160 million (US$20.6 million) ... ( read original story ...)

Posted on 15/09/2021

Hong Kong officials defend city’s gender policy for IDs by citing emergency response needs in wake of 9/11 attacks

Officials have defended a controversial policy limiting gender status changes on Hong Kong identity cards to those who have undergone sex reassignment surgery, arguing there is a need to balance ... ( read original story ...)

Posted on 14/09/2021

Real estate giant’s possible bankruptcy sparks financial fears in China

Real estate giant China Evergrande Group Tuesday warned of default risks after accumulating a whopping debt of $305 billion and two subsidiaries failing to uphold financial guarantee obligations. ( read original story ...)

Posted on 14/09/2021

Former chairman of Bank of Communications (Hong Kong) missing since Sunday country park hike

A former chairman of Bank of Communications (Hong Kong) has been missing since Sunday while on a hike in a Hong Kong country park, sparking a two-day air-and-land search by emergency teams. The rescue ... ( read original story ...)

Posted on 14/09/2021

These are the best bankers in real estate in Hong Kong

The health of China’s real estate sector is in the spotlight with reports property giant Evergrande could default on its $300bn debt pile, and that the private banking arms of Credit Suisse and ... ( read original story ...)

Posted on 14/09/2021

Former Hong Kong minister warns youth not to pursue freedom by illegal means, citing India as democracy where ‘people disregard law’

Wong Yan-lung tells an audience of young people that places with democracy but no rule of law are ‘ones that you would be unlikely to want to live in’. ( read original story ...)

Posted on 14/09/2021

Hong Kong exports set to recede after months of mounting optimism as coronavirus crisis and rising costs erode business confidence

Fears prevalent among local exporters that Christmas sales will decline by up to 30 per cent, according to Trade Development Council confidence index. ( read original story ...)

Posted on 14/09/2021

Hong Kong to create more national security offences

Hong Kong will create a host of new national security offences, building on a law Beijing imposed last year that has criminalised dissent and transformed the once-outspoken city. Chris Tang, a former ... ( read original story ...)

Posted on 14/09/2021

Hong Kong’s export index down 9.7 points in Q3: survey

The Hong Kong Trade Development Council HKTDC announced on Tuesday that Hong Kong export index for the third quarter of this y ... ( read original story ...)

Posted on 14/09/2021

Chinese Audio Platform to List in Hong Kong After Scrapping U.S. IPO Plans

The owner of a podcast and audio platform in China filed for an initial public offering in Hong Kong shortly after scrapping plans to list in New York. ( read original story ...)

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