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Month: October 2022

Posted on 23/10/2022

‘Inevitable’ for Hong Kong to shift from ‘big market, small government’, combining capable governance with market efficiency: Paul Chan

Financial secretary says authorities working 'at full speed' on institutional and structural arrangements for city's investment vehicle which he will helm Amid global uncertainties and escalating ... ( read original story ...)

Posted on 23/10/2022

HSBC, Tencent, AIA, Meituan, Alibaba: How The Top 5 Stocks Of The Hang Seng Index Have Performed In 2022?

Within Hong Kong, the key benchmark index – similar to Singapore’s Straits Times Index (STI) – is the Hang Seng Index. It’s been a tough year so far, with the index currently at 16,211 as of 21 ... ( read original story ...)

Posted on 23/10/2022

Young Chinese people – tired of Hong Kong – are escaping to find peace on Peng Chau island

Jessie Pang and Tyrone Siu capture the young Hong Kongers who are seeking relief and escape from the pressure of the metropolis on an island that’s just a short ferry ride away from the city ... ( read original story ...)

Posted on 22/10/2022

Strict COVID-19 policies drive people out of Hong Kong

Large numbers of people have left Hong Kong not only due to political unrest, but also strict COVID-19 policies. Over the past year, more than 100,000 people have left — a record. The exodus includes ... ( read original story ...)

Posted on 22/10/2022

China Central Bank Head Likely to Step Down Amid Reshuffle – Sources

Yi Gang attends a news conference on China's economic development ahead of the 70th anniversary of its founding, in Beijing, China September 24, 2019. REUTERS/Florence Lo Reuters BEIJING/HONG KONG ... ( read original story ...)

Posted on 22/10/2022

Members of disbanded Hong Kong group jailed up to 3 years for inciting subversion

Three members of a Hong Kong pro-democracy student group were sentenced on Saturday to up to three years jail for conspiracy to incite subversion, after setting up street booths that allegedly called ... ( read original story ...)

Posted on 22/10/2022

Why Hong Kong’s status as the international financial centre is unshakable?

The heightened geopolitical tensions, economic recession and ongoing pandemic bring uncertainties to the global financial markets. Some observers hold a pessimistic view of the future of Hong Kong’s ... ( read original story ...)

Posted on 22/10/2022

Jefferies Financial Group Analysts Lift Earnings Estimates for BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY)

Stock analysts at Jefferies Financial Group increased their FY2022 EPS estimates for BOC Hong Kong in a research report issued to clients and investors on Wednesday, October 19th. Jefferies Financial ... ( read original story ...)

Posted on 22/10/2022

Eco-friendly Hong Kong jewellery brand upcycles used coffee capsules, giving piles of pods a pretty new purpose

Charlotte Wong Ka-man, 25-year-old founder of Wind.n.Sand, makes earrings, key chains and hair-tie charms from up to 500 waste coffee capsules every month. ( read original story ...)

Posted on 22/10/2022

Henderson Land offers cheapest new flat seen in Hong Kong for over a year as property market continues to struggle

Hong Kong sees the cheapest new property launch since September 2021 at just HK$2.76 million for a small flat in Fanling. ( read original story ...)

Posted on 22/10/2022

Is Hong Kong finally ending its love affair with ‘big market, small government’? Analysts ask if it is ready to make the right bets for the economy

Observers say move as set out in city leader's recent policy address is long overdue and seen as following in Singapore's well-trodden path They warn however that results may take decades to yield, ... ( read original story ...)

Posted on 22/10/2022

‘He abused my country, my leader’: Chinese diplomat says pulling Hong Kong protester’s hair was his ‘duty’

Chinese Consul-General Zheng Xiyuan has admitted to pulling the hair of a pro-Hong Kong independence protester who was beaten at the Chinese consulate in Manchester, England, on Sunday. Zheng, whose ... ( read original story ...)

Posted on 22/10/2022

Hong Kong Cancels Screening of Batman Film, Citing Violence

A Hong Kong outdoor cinema operator cancelled the screening of a Batman film, citing concerns from the government that the movie was too violent.Most Read from BloombergTwitter Tumbles as US Weighs Se ... ( read original story ...)

Posted on 21/10/2022

Newly profitable Kanzhun Steps Aboard Hong Kong’s Dual Listing Train

Having finally turned a profit, Kanzhun has filed for a dual primary listing on the Hong Kong Stock Exchange to insure against its shares being pulled from New York ... ( read original story ...)

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