As a COVID-19 outbreak overwhelms Hong Kong, it’s hard for its 7.4 million residents to know what’s next. Uncertainty is the only certainty as store shelves are stripped of goods, mainland Chinese ... ( read original story ...)
Hong Kong’s Crematoriums Are Nearly Full After Covid Surge
Hong Kong’s crematoriums are straining under the pressure of the world’s highest Covid-19 death rate, while a lockdown in the neighboring mainland China city of Shenzhen risks causing a shortage of ... ( read original story ...)
Hong Kong reports 29,272 new COVID cases, 217 deaths
Hong Kong health authorities reported 29,272 COVID-19 cases on Wednesday, up from 27,765 on Tuesday and 217 deaths, compared with 228 in the previous 24 hours. ( read original story ...)
Hong Kong property on sale as expatriates flee ‘ridiculous’ quarantine rules
An exodus of expatriates from Hong Kong has continued to pressure the housing market in the city, particularly those in Tung Chung that embodies the mood in the industry. Are they cheap enough to lure ... ( read original story ...)
New Spac jumps on HK IPO bandwagon
Acquisition Corp filed paperwork for a Hong Kong listing on Tuesday, shortly after the city saw its first special purpose acquisition company (Spac) launch an IPO. A SPAC, the ninth so-called blank ... ( read original story ...)
China says it will support Chinese IPOs abroad, calls for closure on tech crackdown
China signaled support for Chinese stocks on Wednesday, after days of worries about U.S. delisting risks had sent the stocks plunging in New York and Hong Kong. ( read original story ...)
Hong Kong’s Hang Seng extends surge, rising about 9% as Tencent, Alibaba jump more than 20%
Hong Kong's Hang Seng index surged 8.94% in afternoon trade, seeing a rebound after days of heavy losses earlier this week. ( read original story ...)
Coronavirus Hong Kong: quarantine-free travel to mainland China could resume in second half of year, finance chief says
Paul Chan says the city hopes ‘to put the pandemic under control in the coming two to three months’, laying the groundwork for restarting quarantine-free travel to mainland China ... ( read original story ...)
Hong Kong’s assured future beyond 2047 a fillip for everybody
In the Year of the Tiger, Hong Kong marks the 25th anniversary of its reunification with the motherland. It is also the halfway point in China's "one country, two systems" governing policy, and ... ( read original story ...)
Hong Kong shares soar 9% on China pledge to support economy
Hong Kong’s share benchmark, the Hang Seng index, soared 9% on Wednesday after a senior Chinese official said Beijing would provide more support for the slowing Chinese economy. The surge was a ... ( read original story ...)
Hong Kong to close off beaches after mainland China uproar
Hong Kong will close most of the city's beaches, leader Carrie Lam said Wednesday, after photos of maskless residents enjoying sun and surf sparked outrage in mainland China. ( read original story ...)
Hong Kong’s Hang Seng index jumps more than 2%, rebounding after days of losses
Hong Kong's Hang Seng index surged 6.44%% in Wednesday afternoon trade, seeing a rebound after days of heavy losses earlier this week. ( read original story ...)
Dow Jones rebound may lift Hang Seng Index and crude oil fall
The central bank is expected to raise interest rate by 25bps at today’s meeting. Hong Kong’s Hang Seng Index may rebound after falling nearly 6% a day ago amid intensified selloff in the technology ... ( read original story ...)
Hong Kong Pushes to Open Greater Bay Wealth Connect to Brokers
Wealth Connect, launched last year, allows for cross-border investments in the Greater Bay Area, a region of 70 million people that includes Hong Kong and mega-cities in the south ... ( read original story ...)