The Hang Seng Index closed at an 11-year low, with losses in financials and tech, although piecemeal property measures out of Beijing temporarily boosted developers. ( read original story ...)
HKMA buys HK$2.355 billion from market to stop currency weakening
Hong Kong's de facto central bank bought HK$2.355 billion ($300.00 million) from the market on Monday to stop the local currency weakening and breaking its peg to the U.S. dollar.The Hong Kong dollar ... ( read original story ...)
HSBC, Tencent add to Hong Kong stock losses as traders shun riskier assets for safe haven before market holidays
Stocks find no traction even after a 21 per cent slump last quarter, with traders wary of losses before the market pauses on Tuesday for a holiday. ( read original story ...)
Hong Kong is opening up to tourism — but is it too late?
The city hopes the move will revive its status as an international business and travel hub, but the locals said the change may be too late. ( read original story ...)
EC Healthcare Acquires Multi-Disciplinary Healthcare Services Chain in Hong Kong
HONG KONG, Oct 3, 2022 - (ACN Newswire) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical ... ( read original story ...)
Hong Kong hoping end of quarantine, US$1.3 million cash subsidy will bring fintech start-ups back to city, Cyberport executive says
The relaxation of tough Covid-19 restrictions and a government cash subsidy programme will attract fintech start-up founders back to Hong Kong, according to a senior executive at Cyberport, the city’s ... ( read original story ...)
Hong Kong stocks open lower as jobs report looms
Hong Kong stocks fell again at the beginning of trading Monday, with investors looking ahead to a key US jobs report at the end of the week, while attention will also turn to the upcoming earnings ... ( read original story ...)
Student arrested in Hong Kong for role in faked kidnapping to scam parents out of HK$5 million
A mainland Chinese student in Hong Kong has been arrested on suspicion of wasting police resources over her role in her elaborately staged kidnapping that sought to trick her parents into handing over ... ( read original story ...)
Special needs school under leading Hong Kong body involved in care for mentally disabled latest to face mistreatment allegations
Education Bureau confirms raft of complaints filed against Hong Chi Pinehill No 2 School in Tai Po, run by the Hong Chi Association. ( read original story ...)
John Lee is serious about ‘telling the Hong Kong story well’ but only the full story will convince the world
Hong Kong is being compared to Singapore, and official assurances of the city’s good qualities are not enough. ( read original story ...)
Hong Kong property sales post modest results in October debut as homebuyers await new policies, expect further rate increase
Local homebuyers are taking a wait-and-see approach ahead of major policy announcements in Hong Kong and the mainland, and a further rise in interest rates. ( read original story ...)
Hong Kong Sevens tickets selling at steady pace, rugby bosses hope ending Covid quarantine could bring in overseas fans
Some 4,402 of the 10,000 tickets that went on general sale to the public last week have been sold, and with 16,500 already snapped up by city’s rugby community, officials say prospect of 21,000-strong ... ( read original story ...)
Beijing to recruit astronauts in Hong Kong
Mainland authorities will, for the first time, be recruiting astronauts for its manned space programme in Hong Kong. The China Manned Space Agency ... ( read original story ...)
Hong Kong’s elderly forced to choose family over friends as they follow children who’ve emigrated – but it’s been this way for generations
As a generation of Hong Kong families emigrates to far-flung places, elderly parents are faced with a choice: leave with them, or stay in the company of lifelong friends. It’s a tough choice, but it’s ... ( read original story ...)