Hong Kong will give out more cash vouchers to consumers this year, Financial Secretary Paul Chan said in his annual budget speech, as the government looks to spur demand with loose fiscal policy ...
Hong Kong Stocks Flirt With Correction as Growth Headwinds Rise
Hong Kong’s benchmark stock index wavered near correction levels Wednesday as growing geopolitical concerns and doubts over the strength of China’s economy spurred a rethink on the market’s ...
Hong Kong flags handouts to speed up recovery from Covid shock
Hong Kong counts on increased cross-border business with mainland China, which has also given up enforcing Covid rules. The city had spent more than HK$600 billion ($76.44 billion) on various pandemic ...
Hong Kong Stocks Head for Correction as Growth Headwinds Build
Hong Kong’s benchmark stock index is set to enter a correction as growing geopolitical concerns and doubts over the strength of China’s economy spur a rethink on the market’s outlook.
Hong Kong’s crypto hub plans win quiet backing from Beijing
Hong Kong rolled out the red carpet for crypto businesses to help revitalise the embattled financial hub. Signs are now emerging that the push has under-the-radar backing from Beijing, providing ...
Hong Kong budget 2023-24: after ‘Hello’, comes ‘Happy’ – finance chief to dish out consumption vouchers as part of drive but focus is on new growth engines
Financial Secretary Paul Chan expected to roll out consumer vouchers and raise taxes 'Happy Hong Kong' drive also to be announced, featuring collaborations with theme parks to boost local spending ...
Peter Thiel-Backed SPAC Weighs Merger With HK Fintech Hyphen, Sources Say
Bridgetown Holdings Ltd., the US-listed blank-check company backed by billionaires Peter Thiel and Richard Li, is considering a merger with financial technology firm Hyphen Group, according to people ...
Hong Kong Plans to Let Retail Sector Trade Larger Crypto Tokens Like Bitcoin
Hong Kong outlined a plan to let retail investors trade digital tokens like Bitcoin and Ether, taking a major step toward its goal of becoming a crypto hub in a policy shift that contrasts with a ...
Hong Kong banks hit by China property exposure
Hong Kong-listed banks have reported an increase in expected losses linked to their exposure to the ailing property sector in mainland China, despite a brighter overall earnings picture. HSBC Holdings ...
Scientist convicted of editing babies’ genes granted visa for Hong Kong
He Jiankui plans to conduct research at universities in territory despite criminal record for ‘illegal medical practices’ in China ...
Hong Kong in bid to become global centre for multi-trillion dollar green technology finance market and create new economic pillar post-Covid
Plan for city to become global green tech finance centre to be unveiled in Wednesday's budget with new task force to push proposal forward A separate task force will be established to boost city's ...
Scientist who gene-edited human babies is out of jail, trying to start a comeback
Hong Kong's visa scheme for top talent has attracted an infamous applicant: He Jiankui, the Chinese scientist who controversially edited human embryos in 2018.
Scientist behind gene-edited babies eyes work in Hong Kong
A Chinese scientist who set off an ethical debate five years ago with claims that he made the world’s first genetically edited babies says he hopes to research rare hereditary diseases in Hong Kong ...
Sino Land set to launch some 2,100 flats this year as it turns ‘cautiously optimistic’ on Hong Kong’s property market
Sino Land, which posted a 36 per cent decline in half-year profit, plans to launch nearly 2,100 flats, including about 640 in Lohas Park this year Efforts to attract global talent, a tapering of the ...