Smarting from HSBC Holdings Plc’s move to scrap its dividend during the height of the pandemic, the bank’s largely silent mass of retail shareholders in Hong Kong is warming up to the idea of a ... ( read original story ...)
Hong Kong civil servants likely to get pay rise of 2 to 7 per cent this year under improved economic situation
Hong Kong’s 180,000 public sector employees are likely to receive a pay rise of 2 to 7 per cent under the improved economic situation after salaries were frozen over the past two years amid the ... ( read original story ...)
Hong Kong gov’t restructuring to add 3 new deputies, 2 new bureaux and cost HK$95 million a year
The Hong Kong government is set to see a reorganisation that will add two policy bureaux to the existing 13 and dozens of new roles, a revamp that will come with a HK$95 million annual price tag. ( read original story ...)
Asia’s Spac hopefuls have nowhere to turn as IPO market dries up
Asian sponsors of blank-cheque firms are facing a tough market for initial public offerings (IPOs) wherever they turn, as a combination of increasing regulatory scrutiny and fading investor demand ... ( read original story ...)
Goldin Financial’s Kowloon HQ put back on the market for around US$1.27 billion as debt struggle continues
Market watchers put the property’s value at around HK$10 billion based on recent transactions of office space sold in the surrounding area. ( read original story ...)
Coronavirus: Hong Kong on track for 75 per cent of remaining 1 million eligible residents to get vaccinated with third dose
Hong Kong is on track to get most of its eligible residents vaccinated with a third Covid-19 jab by the end of the month, the minister leading the city’s inoculation drive has said. Secretary for the ... ( read original story ...)
Hong Kong stock market rebound stalls as Chinese tech shares from Meituan to NetEase lead declines
Hong Kong stocks dropped from a two-week high on Wednesday morning, as a rally powered by regulatory support and an improved outlook for China’s growth took a pause. ( read original story ...)
Turbulent times ahead for Hong Kong’s jet owners
Before the Covid-19 pandemic hit Hong Kong, at least 120-130 private jets would be parked outside a dedicated terminal at the city’s bustling international airport. But when Justin Yeung, strategy ... ( read original story ...)
Hong Kong government revamp: what is it and how does it affect incoming leader John Lee’s administration?
Chief Executive-elect John Lee’s plan follows largely that of outgoing leader Carrie Lam’s earlier proposal, but includes new deputy secretary for justice position. ( read original story ...)
Hong Kong co-working firms eye expansion as fifth wave subsides
Flexible workspaces represent a very small percentage of the total commercial space in Hong Kong, at less than 5 per cent, Ang said. But the numbers are growing. According to CBRE data, as of the ... ( read original story ...)
Hong Kong cops net HK$1 mil in Covid fines at triad party
HK has imposed strict social distancing rules as its hews to a lighter zero-Covid strategy. (AP pic) HONG KONG: A raid on a Hong Kong triad leader’s birthday party resulted in police issuing more than ... ( read original story ...)
Over 85% of elderly carers in Hong Kong showed signs of depression amid Covid-19, survey finds
More than 80 per cent of caregivers who look after the elderly in Hong Kong indicated signs of depression during the fifth and deadliest wave of Covid-19 in the city to date, a survey has found. Hong ... ( read original story ...)
Hong Kong co-living boom bets on more lonely years
Warburg Pincus is among those buying hotels in the Asian hub to convert into upscale shared digs for millennials. Given a 99% drop in visitors in the past three years and a belief that won’t reverse ... ( read original story ...)
Hong Kong’s Hang Seng index jumps 3%, leading gains as Asia-Pacific stocks rise
Shares in Asia-Pacific were higher on Tuesday. Hong Kong's Hang Seng index closed 3.27% higher on Tuesday as Chinese tech stocks surged. The Reserve Bank of Australia could further increase interest ... ( read original story ...)