The city is reeling from global headwinds compounded by Covid restrictions and Beijing’s growing sway over every aspect of the financial hub. ( read original story ...)
HSBC, NetEase, developers fall as Hong Kong stocks extend losing streak at 13-year low on China outlook, Fed rate pressure
Hong Kong stocks are headed for a second weekly loss with the Hang Seng Index struggling at a 13-year low. Traders await economic data as the Chinese Communist Party concludes its Congress on Saturday ... ( read original story ...)
Hong Kong Sevens: food to be sold in stadium after all, but no BYO and fans must show RAT for entry
With two weeks to go, the tournament has won permission to serve food, but fans may not bring their own and must now show a negative rapid antigen test on arrival each day. ( read original story ...)
Hong Kong to let Covid-hit participants of banking summit leave on own flights: official
Foreign participants at a high-profile financial summit in Hong Kong next month would be able to skip isolation and leave via "appropriate flight arrangements" if they catch Covid, a top health ... ( read original story ...)
Sanctioned Russian oligarch’s $500 million superyacht leaves Hong Kong for Cape Town
A luxury yacht belonging to sanctioned Russian oligarch Alexey Mordashov departed Hong Kong waters on Thursday heading for the South African port of Cape Town, according to private tracking site ... ( read original story ...)
Not like China: Hong Kong reportedly wants to legalize crypto trading
Hong Kong is taking action to restore its status as a global cryptocurrency hub by launching several legal initiatives related to the crypto industry. ( read original story ...)
Hong Kong Stocks and Japanese Yen Hit Crisis-Era Levels
Meanwhile, a conference in Hong Kong featuring the city's leader, who is sanctioned by the U.S. but due to appear alongside U.S. investment bankers, offers a bad look. ( read original story ...)
Hunt for investment in Middle East: Hong Kong finance chief to lead delegation to Bahrain and Saudi Arabia as part of policy push
Choice of region deliberate given US-China geopolitical rivalry and sanctions on officials Paul Chan's visit sparks speculation on whether Hong Kong government will be involved in Saudi Arabia's ... ( read original story ...)
Hong Kong Blocks Screening of ‘The Dark Knight’ – Report
The organizer of an outdoor screening of Batman movie “The Dark Knight” has cancelled the projection after being warned by the Hong Kong government against going ahead, according to reports. The ... ( read original story ...)
Hong Kong Inflation Hits Highest Since 2015 as Economy Reopens
Hong Kong’s consumer inflation rate jumped in September to the highest in seven years, as the Asian finance hub reopens to the rest of the world and joins other economies experiencing rising prices. ( read original story ...)
Hong Kong property market not expected to get big boost from stamp duty change, industry pins hopes on 2023 budget
Analysts doubt a tax-refund incentive announced by the chief executive in his policy address will do much to revive demand Next year's budget speech could yield further easing policies if home prices ... ( read original story ...)
Asia Earnings Week Ahead: HSBC, Samsung, SK Hynix, Canon, BYD
Foreign exchange will be in focus across several of Asia’s key earnings reports next week, as investors look to assess the impact of a strong dollar amid increasing expectation that the Federal ... ( read original story ...)
Hong Kong property market, let down by John Lee’s policy address, looks to finance chief for easing policies next year
Analysts see the February 2023 budget speech as the next chance for supportive policies, as they doubt a tax-refund incentive announced by Chief Executive John Lee will revive demand. ( read original story ...)
Hong Kong Cancels Screening of Batman Film Shot in the City
Hong Kong officials canceled the screening of a Batman film one year after passage of a law that lets them ban movies on national security grounds.Most Read from BloombergChina Summons Chip Firms for ... ( read original story ...)