HSBC Holdings said on Thursday it will leave its best lending rate unchanged in Hong Kong at 5% despite the city's central bank raising the base rate. ( read original story ...)
Hong Kong Central Bank Raises Rate By 75 Bps
The Hong Kong Monetary Authority raised its base rate by 75 basis points after the rate hike decision of the U.S. Federal Reserve. ( read original story ...)
Dreaming big in a crisis: Hong Kong risk-takers didn’t let pandemic stop them starting, growing new enterprises
And in 2020, GoGoVan was renamed GoGoX to reflect its diversification to providing other services such as express delivery, home relocations and business services in Hong Kong, mainland China, Vietnam ... ( read original story ...)
Asian markets mostly rise after Fed’s rate hike; Hong Kong slips
Asian stocks mostly rose Thursday after the Fed got tough on inflation with its biggest rate hike since 1994. But the Hong Kong market slipped after the city hiked its interest rates following the Fed ... ( read original story ...)
HSBC Buys back Over 3.17M Shrs in HK, London Ytd for $160M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1756 million shares in London and Hong Kong yesterday (15th), involving a total of approximately HKD160 million. HSBC ... ( read original story ...)
HK rate hikes to drive down housing prices
Rising interest rates in Hong Kong are pushing up costs for homeowners and threatening to drive down prices in the world’s most expensive housing market. With the US Federal Reserve (Fed) hiking rates ... ( read original story ...)
(HKSAR 25) 25 years on, Hong Kong SAR shines brighter with world-beating performance
Photo taken on July 14, 2020 shows the Golden Bauhinia Square in south China's Hong Kong. (Xinhua/Wu Xiaochu) Editor's note: On July 1, 1997, China resumed the exercise of sovereignty over Hong Kong ... ( read original story ...)
Yahoo, Meta look to Hong Kong for metaverse tests
Yahoo will host virtual concerts and exhibitions featuring celebrities and influencers for Hong Kong residents on the Decentraland metaverse, the company announced on Wednesday. See related story: ... ( read original story ...)
Yahoo joins Facebook owner Meta in testing metaverse tech in Hong Kong
The US internet company says it will hold virtual concerts and exhibitions on a metaverse platform, after Facebook owner Meta announced similar plans. ( read original story ...)
Hong Kong’s iconic restaurant towed away after operating for 46 years – WATCH
“We do not foresee that it can resume business in the immediate future,” the company said. VIDEO: Hong Kong's Jumbo Floating Restaurant is towed out of the city after years of revitalisation efforts ... ( read original story ...)
Hong Kong online brokerage Zhong Yang stock soars 40% amid high volatility
Newly public Zhong Yang (TOP), a Hong Kong-based online brokerage, saw its stock soar 40% midday Wednesday, with shares halted several times for volatility ... ( read original story ...)
Hong Kong bids farewell to Jumbo Kingdom, the world’s largest floating restaurant
Measuring about 260 feet long, the colossal three-story Jumbo Floating Restaurant was famous for its gigantic green and red neon sign reading "foon ying gwong lam," Chinese for welcome. ( read original story ...)
Hong Kong’s famous floating restaurant, popular tourist attraction, towed away
Hong Kong’s famed Jumbo Floating Restaurant was towed away on June 14 after the operators said the business was suffering losses since 2013. People gathered to bid final goodbye to the buoyant ... ( read original story ...)
New Hong Kong school textbooks say city was not a British colony
New textbooks sent to Hong Kong secondary schools teach that the city was not a British colony, but an occupied territory — a recasting of history that is part of Beijing’s id ... ( read original story ...)