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Month: February 2022

Posted on 24/02/2022

Hong Kong’s used home prices drop by most in 23 months as owners discount their flats to flee Covid-19 fifth wave

Lived-in home prices are on the slide as desperate owners looking to escape the ferocious fifth wave of Covid-19 offer steep discounts on their flats. ( read original story ...)

Posted on 24/02/2022

Why Hong Kong Is Now One of the Worst Places to Be in Covid Era

Hong Kong fell to second last among the 53 places scored in Bloomberg’s Covid Resilience Ranking in February, marking a rapid decline over the past few months. ( read original story ...)

Posted on 24/02/2022

Building For The Future: Hong Kong Billionaire Edwin Leong Takes The Long View On Housing

Patience is what matters to Hong Kong billionaire Edwin Leong’s venture into residential development. And with a net worth of $4.4 billion, the founder and chairman of Tai Hung Fai Enterprise can ... ( read original story ...)

Posted on 24/02/2022

Hong Kong Exchanges Touts IPO Backlog After Record Annual Profit

Hong Kong’s stock-exchange operator reported a profit equivalent to $1.6 billion, up 8.8% from the prior year but slightly lower than analysts polled by FactSet had expected. ( read original story ...)

Posted on 24/02/2022

Hong Kong Curbs, Singapore Delays Easing: Virus Update

Hong Kong may see thousands of restaurants shut down as the city ramps up its eradication campaign with some of the world’s toughest Covid curbs. Cases continue to rise in China and Singapore delayed ... ( read original story ...)

Posted on 24/02/2022

Covid Curbs Threaten a Third of Hong Kong’s Bars and Restaurants

Thousands of bars and restaurants in Hong Kong may shut as some of the world’s toughest Covid restrictions, aimed at taming a record outbreak, deal a heavy blow to the once-vibrant city’s economy. ( read original story ...)

Posted on 24/02/2022

Hong Kong bourse operator’s annual net profit rises 9%

The Hong Kong stock exchange operator's 2021 net profit rose 9% but missed expectations, as China's regulatory crackdowns resulted in fewer listings and struggling markets hurt its investment income. ( read original story ...)

Posted on 24/02/2022

Hong Kong starts vaccine requirement for restaurants, stores

Hong Kong launched a vaccination requirement to enter shopping malls, restaurants and a host of other places on Thursday as it battles an expanding omicron outbreak and tries to overcome vaccine hesit ... ( read original story ...)

Posted on 24/02/2022

Analysis-China steps in to steer Hong Kong’s COVID crisis as risks loom

As COVID-19 rages across Hong Kong at the start of a sensitive political year for China and President Xi Jinping, Beijing is determined not to be embarrassed and undermined as it was by the ... ( read original story ...)

Posted on 24/02/2022

Hong Kong’s January home prices at 11-month low, hit by COVID-19

Hong Kong private home prices dropped for the fourth consecutive month in January to the lowest since February 2021, official data showed on Thursday (Feb 24), as the financial city was hit by a new ... ( read original story ...)

Posted on 24/02/2022

Hong Kong finance chief brushes off concerns over consumption vouchers after being criticised for not offering cash

Hong Kong’s finance chief has sought to play down concerns about the decision to distribute handouts to residents in the form of digital consumption vouchers after being taken to task in some quarters ... ( read original story ...)

Posted on 24/02/2022

A Third of Hong Kong Eateries, Bars, to Close as Curbs Linger

Thousands of bars and restaurants in Hong Kong will shut as some of the world’s toughest Covid restrictions, aimed at taming a record outbreak, deal a heavy blow to the once-vibrant city’s economy. ( read original story ...)

Posted on 24/02/2022

Covid live news: Hong Kong calls for medical staff from China as hospitals are overwhelmed

Hong Kong’s government invokes emergency powers to allow doctors and nurses from the Chinese mainland to help with rising cases ... ( read original story ...)

Posted on 24/02/2022

Parents separated from baby as Hong Kong 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 ...)

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