With the US Fed forecasting at least six more increases this year, and more to follow, the city being pegged to the US dollar is bound to feel their cumulative effect The US Federal Reserve raised ... ( read original story ...)
Omicron outbreak similar to Hong Kong ‘could kill a million’ in China
China could expect over a million Covid deaths in the next three months if it allows coronavirus to spread on the mainland in the way it has in Hong Kong, accor ... ( read original story ...)
Hong Kong study says reopening of international travel to have little impact on future COVID-19 transmissions
The full reopening of international travel in Hong Kong will have "little marginal impact" on the spread of COVID-19, an academic study said on Tuesday (Mar 22), as the financial hub begins to unwind ... ( read original story ...)
Abraham Tachjian to lead open banking initiative
Tachjian, a director with PwC Canada’s financial services practice, helped found Mox Bank, a digital bank in Hong Kong. He was previously director of digital banking with Standard Chartered Bank in ... ( read original story ...)
Coronavirus: moving to endemic stage under ‘controlled transition’ is ‘safest’ strategy for Hong Kong, health experts say
Moving towards the endemic stage of Covid-19 under a “controlled transition” sooner rather than later would be the “safest” strategy for Hong Kong, according to public health experts from the ... ( read original story ...)
Hong Kong’s easing of quarantine isn’t enough, businesses say
City has lost several finance events to Singapore, its main regional competitor, which has lifted all quarantine requirements ... ( read original story ...)
Henderson Land, Hong Kong’s third-largest developer, warns of tough times ahead as it reports 9 per cent profit fall for 2021
The fifth wave of coronavirus, and Russia’s invasion of Ukraine which triggered sanctions that have hit global trade, are likely to subdue Hong Kong’s economic recovery, the developer’s chairmen warn. ( read original story ...)
See the pitch deck an AR startup used to raise $13 million in seed funding to bring the metaverse to life
Hong Kong-based AR startup Auki Labs on Monday said it raised a $13 million rolling seed round, which it plans to use to further develop tools to bring the metaverse into the physical world. The ... ( read original story ...)
Hong Kong Study Says Reopening of International Travel to Have Little Impact on Future COVID Transmissions
The full reopening of international travel in Hong Kong will have "little marginal impact" on the spread of COVID-19, an academic study said on Tuesday, as the financial hub begins to unwind strict ... ( read original story ...)
Hong Kong to Ramp Up Contact Tracing as Covid Cases Ease
Hong Kong is set to resume sending compulsory testing notices through a contact-tracing app, as a declining number of Covid-19 infections allows authorities to ramp up a key tool for tracking down and ... ( read original story ...)
Hong Kong Data Show Benefit to Third Shot of Sinovac in Preventing Omicron Deaths
Study underscores the importance of booster shots for those who have received China’s Sinovac vaccine against Covid-19. ( read original story ...)
Hong Kong’s gyms, dojos and fitness centres close, leaving landlords with up to 500,000 sq ft of vacant real estate
A recent wave of forced closures of fitness centres is creating vast areas of empty real estate in Hong Kong and driving down rents. ( read original story ...)
HSBC acquires first metaverse property in The Sandbox
The Hong Kong-based bank has made its first purchase in the metaverse, joining peer, JP Morgan, as it makes inroads in the world of virtual assets. ( read original story ...)
Hong Kong’s top scientsts urge shift from Beijing’s zero-COVID strategy
Hong Kong's top scientists urged the government on Tuesday to transition from China's zero-COVID strategy before the next outbreak unless the financial hub wants to be a "closed port forever". ( read original story ...)