HONG KONG: Hong Kong's economy contracted in the first quarter of this year as the city imposed its most stringent restrictions to curb an outbreak of COVID-19 that has battered business, led to an ... ( read original story ...)
Hong Kong weather expert calls coldest day in May for more than 100 years ‘good sign’
HONG KONG: Hong Kong recorded its coldest day in May for more than a century on Monday morning, according to the city's weather forecaster, with a veteran meteorologist saying it was a "good sign" ... ( read original story ...)
Hong Kong migrants seeking property in the UK need hand-holding, and sometimes a reality check on what they can afford, UK agents say
It is common for new buyers to be unaware of the process of buying properties in the UK, which he described as less efficient and less standardised than in Hong Kong. "Many were making purchases at ... ( read original story ...)
Hong Kong to further ease coronavirus restrictions, bars to open until 2 a.m.
HONG KONG — Hong Kong will further ease COVID-19 restrictions ... had to lay off staff as they struggle to pay rent in one of the world’s most expensive property markets. ( read original story ...)
Hong Kong’s Exchange Fund posts US$7 billion quarterly investment loss amid ‘triple whammy’ hit from slumping stocks, bonds and a stronger US dollar
Hong Kong's financial markets remain "deep and liquid, so we can cope with these challenges," he said. The Exchange Fund, established to defend Hong Kong's currency peg with the US dollar, will have ... ( read original story ...)
Hong Kong Wealth Fund Hit By $7 Billion Quarterly Loss
(Bloomberg) -- Hong Kong’s wealth fund suffered a HK$55 billion ($7 billion) loss in the first quarter as stocks and bonds declined, opening a difficult year for the financial hub as it seeks to ... ( read original story ...)
Hong Kong police arrest 58 over online fraud totalling HK$51 million in losses, with HK$10 million love scam among cases
Most of the suspects were holders of bank accounts used to collect and launder money from a string of crimes New Territories South technology crime unit was set up in January amid a 265 per cent rise ... ( read original story ...)
Hong Kong Speeds Reopening at Bars, Beaches as Covid Eases
(Bloomberg) -- Hong Kong is accelerating its reopening plans as Covid cases drop, easing mask-wearing rules and allowing more leisure venues to reopen, despite continued circulation of the pathogen ... ( read original story ...)
Hong Kong Falls To Bottom Of Press Freedom Rankings
Hong Kong has plummeted down an international press freedom chart as authorities have wielded a draconian new security law to silence critical news outlets and jail journalists, a new report said on ... ( read original story ...)
HSBC shares rise as markets warm up to break-up proposal by top shareholder
SINGAPORE/HONG KONG (Reuters) -Shares in HSBC Holdings gained on Tuesday after its largest shareholder, Chinese insurance giant Ping An, urged a break-up of the London-headquartered bank in a bid to ... ( read original story ...)
Alibaba, JD.com, Xiaomi slide in Hong Kong while HSBC and Ping An advance amid calls to split bank’s Asian operations
Wild swings seen in prices of Chinese tech stocks following a massive rally on Friday amid speculation about an end to sector crackdown HSBC and Ping An Insurance jump amid reports calling for a break ... ( read original story ...)
Hong Kong stocks rise as Alibaba slips; Australia hikes interest rate
Alibaba and the Jack Ma Foundation did not immediately respond to a request for comment. U.K.-based bank HSBC's stock in Hong Kong rose 1.85%. On Friday, Reuters reported HSBC's top shareholder ... ( read original story ...)
HSBC shares edge up after top shareholder urges bank’s break-up
SINGAPORE, May 3 (Reuters) - Shares in HSBC Holdings rose in Hong Kong trade on Tuesday after its largest shareholder, Chinese insurance giant Ping An (601318.SS), called for a break-up of the ... ( read original story ...)
HSBC helps Hong Kong stocks to inch higher, Alibaba takes a spin
Hong Kong stocks edged higher on Tuesday, building on last Friday's gains, helped by index heavyweight HSBC which rose after its largest shareholder, Chinese insurance giant Ping An, called for a ... ( read original story ...)