HONG KONG (Reuters) - Hong Kong private home prices dropped for the fourth consecutive month in January to the lowest since February 2021, official data showed on Thursday, as the financial city was ... ( read original story ...)
Besieged Hong Kong fires loud stimulus cannon
Hong Kong’s financial secretary is stuck between a pandemic rock and an economic hard place. Paul Chan on Wednesday laid out a budget for the financial year starting in April dedicating HK$170 billion ... ( read original story ...)
Hong Kong’s tiny apartments increase pain of Covid isolation
The city-state’s biggest Covid-19 outbreak has left tens of thousands of patients struggling to isolate themselves from their families in one of the world’s most crowded cities ... ( read original story ...)
Coronavirus: Hong Kong football season may be abandoned after social-distancing measures are extended to April
Omicron surge throws football season into doubt as Hong Kong extends lockdown There are eight teams in the BOC Premier League this season but so far only four rounds out of a total 14 have been ... ( read original story ...)
Rainy days and a ‘listening ear’: did Hong Kong’s finance chief deliver in his budget address?
For Chan, there had been no lack of critical challenges since becoming financial secretary in January 2017, with the city going through several economic and political upheavals. But the current ... ( read original story ...)
Hong Kong Covid-19: Parents separated from baby as city clings to zero-COVID
Fighting back tears, Laura and Nick struggle to comfort their sobbing 11-month-old daughter, Ava, through a phone screen. ( read original story ...)
These charts show how Hong Kong is faring as it clings to its zero-Covid strategy
In Hong Kong, air passenger traffic is plunging and the number of visas issued for foreign professionals has slowed. ( read original story ...)
Hong Kong Property Tycoon Joseph Lau’s Fortune Edges Up Despite Evergrande Loss
The billionaire—a long-time business partner and poker buddy of Evergrande chairman Hui Ka Yan—had a wild ride in 2021, but still managed to emerge with a gain. ( read original story ...)
Hong Kong’s Wealth Creation: Outlook Depends On Omicron Containment
After two years of recession, Hong Kong’s economy heated up last year, and growth is expected to continue this year—albeit at a slower pace. ( read original story ...)
Engineering Professor Debuts On Hong Kong’s 50 Richest After His AI Startup’s Red-Hot IPO
The growing appetite for AI stocks fueled the successful market debut of Shanghai-based smart-tech pioneer SenseTime and earned cofounder Tang Xiao’ou a $6 billion fortune. ( read original story ...)
Hong Kong Billionaire Richard Li’s Wealth Rises As His Asian Insurer FWD Mulls IPO
On the plate of Richard Li, the 55-year-old son of billionaire Li Ka Shing, there’s a major piece of unfinished business from 2021: listing regional life insurer FWD. ( read original story ...)
Hong Kong’s 50 Richest 2022: Collective Wealth Down Just A Tad Despite Uncertainties, Li Ka-Shing Retains Top Spot
Hong Kong’s economy revived with a 6.4% rise in 2021, but strict measures to fight the pandemic impacted the benchmark Hang Seng Index. Under such mixed circumstances, the combined wealth of the ... ( read original story ...)
Budget 2022-2023: Hong Kong is mulling allowing listings by large pre-profit or pre-revenue start-ups, Financial Secretary Paul Chan says
The proposals could be seen as an extension of the listing reforms introduced in 2018, which allowed technology firms with multiple classes of voting rights and pre-revenue biotechnology firms to list ... ( read original story ...)
Budget 2022-23: Hong Kong finance chief hits multinationals and local owners of pricey properties with more taxes
From 2023-24, residential property owners will be able to apply for tax rebates for one self-occupied home only. ( read original story ...)