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Month: January 2023

Posted on 04/01/2023

Hong Kong customs officers seize almost HK$1 million in painkillers and other Covid-19 supplies in border sting operation

Five truck drivers arrested after customs mount six day operation targeting three border crossings More than 3,900 items worth about HK$940,000, including drugs, coronavirus tests and thermometers, ...

Posted on 03/01/2023

Hong Kong to raise up to $5 billion in green bonds -sources

A general view of skyline buildings during sunset in Hong Kong, China October 12, 2022. REUTERS/Tyrone Siu ...

Posted on 03/01/2023

Top 6 Hong Kong and mainland China IPOs to watch out for in 2023, as cities vie for pole position in global fundraising

Ant Group, ByteDance, Syngenta, Amer Sports, FWD Group and Didi Global among the highly anticipated IPOs this year. Over 100 new listings are expected to raise around HK$200 billion (US$25.6 billion).

Posted on 03/01/2023

Hong Kong’s Cardinal Zen to attend Benedict’s funeral Mass

Hong Kong’s outspoken Roman Catholic Cardinal Joseph Zen has been allowed to leave the southern Chinese city to pay his respects to the late Pope Emeritus Benedict XVI in Vatican City ...

Posted on 03/01/2023

Hong Kong banks will raise their lending rates further in 2023 as Fed seeks to tame runaway US inflation, analysts say

All 10 economists polled by the Post predicted the prime rate will rise in 2023 by up to 1 percentage point, potentially taking borrowing costs to their highest level since 2007.

Posted on 03/01/2023

Tender Sale of Evergrande’s Hong Kong Headquarters Fails Again -Sources

A tender for the sale of embattled China Evergrande Group's headquarters in Hong Kong has lapsed again, two sources with knowledge of the matter said on Tuesday, because the offer prices and terms ...

Posted on 03/01/2023

Lenders fail to sell Evergrande’s Hong Kong headquarters by tender – sources

The tender sale of embattled China Evergrande Group's Hong Kong headquarters has lapsed again, two sources with knowledge said, because the offer prices and terms did not meet requirements.

Posted on 03/01/2023

Hong Kong aims to raise up to $5 bln in green bonds – sources

Hong Kong's government is aiming to raise up to the equivalent of $5 billion in a dollar, euro and offshore Chinese yuan green bond issuance, according to sources with direct knowledge of the matter.

Posted on 03/01/2023

Hong Kong to raise up to US$5b in green bonds: sources

HONG KONG aims to raise up to the equivalent of US$5 billion in a dollar, euro and offshore Chinese yuan green bond issuance, sources with direct knowledge of the matter said. Read more at The ...

Posted on 03/01/2023

Coronavirus: Hong Kong school heads call for delaying mandatory student trips to mainland China, cite planning challenges amid infections

In updated guidelines, Education Bureau says schools can resume study tours to mainland or overseas Secondary Five students are required to visit mainland as part of citizenship and social development ...

Posted on 03/01/2023

Hong Kong banks will raise their lending rates further in 2023 as Fed seeks to tame run-away US inflation, analysts say

All 10 economists polled by the Post predicted the prime rate will rise in 2023 by up to one percentage point If their forecasts are right, the prime rate could hit 6.875 per cent per annum, a level ...

Posted on 03/01/2023

South Korea to require COVID tests for Hong Kong, Macau travellers

South Korea's health authorities said on Tuesday it will impose mandatory COVID-19 tests on travellers from Hong Kong and Macau, after Beijing's decision to lift stringent zero-COVID policies.

Posted on 03/01/2023

Are Buildings in Hong Kong Designed with Holes Known as ‘Dragon Gates’?

Buildings in Hong Kong are designed with "dragon gates" in accordance with feng shui. Feng shui is a traditional Chinese practice of orienting one's physical surroundings in a balanced and harmonious ...

Posted on 03/01/2023

Top 6 Hong Kong IPOs to watch out for in 2023, as city tries to reclaim pole position in global fundraising

Ant Group, ByteDance, Syngenta, Amer Sports, FWD Group and Didi Global among the highly anticipated IPOs this year. Over 100 new listings are expected to raise around HK$200 billion (US$25.6 billion).

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