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Month: January 2023

Posted on 03/01/2023

Hong Kong economy: 2022 was simply awful, will reopening border with mainland China make 2023 the turnaround year?

Hong Kong downgraded its full-year economic forecast from between 0.5 per cent growth and 0.5 per cent contraction to a 3.2 per cent drop amid an ongoing recession. T ...

Posted on 03/01/2023

Hong Kong ends Covid restrictions, masks still required in public

Apart from wearing masks Hong Kong is set to cancel all stringent Covid-19 restrictions including mandatory PCR tests for arrivals ...

Posted on 03/01/2023

Rising interest rates could fuel results for HSBC, global banks amid uncertain economic outlook

HSBC's profit expected to increase 7 per cent in 2022, surge 42 per cent to US$19.2 billion in 2023 Banks' creditworthiness to remain 'broadly stable' despite gloomy economic outlook: Moody's After a ...

Posted on 03/01/2023

New attractions, high hopes: Hong Kong Disneyland rolling out the red carpet for mainland Chinese visitors

Hong Kong Disneyland is hiring 600 frontline staff and has lined up a string of new features for visitors, as quarantine-free travel from mainland China appears imminent. Managing director Michael ...

Posted on 03/01/2023

Promise to be ‘fair and inclusive’ with Hong Kong’s young must be kept

Hong Kong needs to ensure youth can develop, thrive and flourish if it is to have a successful future The success of any society depends on its ability to ensure young people develop, thrive and ...

Posted on 03/01/2023

Hong Kong ‘loophole’ could undermine Covid test rules for Chinese travellers

Region to be exempt from requirement for negative result, sparking fears it will fail to stop the spread of coronavirus from China ...

Posted on 03/01/2023

Price cuts signalled for Hong Kong express cross-border services as trains prepare to restart routes

Tickets for cross-border high-speed trains to be sold at up to HK$33 less than when service started in 2018 Services expected to return in phases, with trains to Guangdong province destinations first ...

Posted on 03/01/2023

How a Hong Kong startup is using 3D-printed tiles to help restore coral reefs

A startup in Hong Kong is trying to help coral adapt to the problems humans have caused — with its innovative use of 3D printing and terracotta. More coral species live in part of Hong Kong's ...

Posted on 02/01/2023

Hong Kong financial service providers gear up for retail crypto traders

Hong Kong’s financial services providers, including local brokers and fund managers, are seeking advice to prepare for new licensing requirements which will allow them to provide services to retail ...

Posted on 02/01/2023

HSBC share price: Winds of change are blowing

HSBC share price has staged a strong recovery since November as the company goes through significant changes. The stock rose to a high of 520p, which was the highest level since S ...

Posted on 02/01/2023

Hong Kong intends to regulate crowdfunding. Here’s how it may affect you

Authorities argue move needed to curb abuse after previous cases of fraud and support given to protesters of 2019 anti-government unrest.

Posted on 02/01/2023

Hong Kong brokers prepare for SFC approval prior to new digital asset trading regulation

According to Cointelegraph, brokers and fund managers from the region have asked for advice around licensing requirements prior to new legislation ...

Posted on 02/01/2023

Hong Kong’s actual Covid count could be up to 200,000 daily

Coronavirus: Hong Kong's actual Covid count could be up to 200,000 daily, HKU expert says while arguing risks from reopening border with mainland China are small.

Posted on 02/01/2023

Cost of living: A refugee family runs out of food in Hong Kong

Banned from working, a refugee family from Bangladesh tries to survive in one of the world’s most expensive cities.

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