There’s a new entrepreneurial energy from Rabat to Riyadh, accelerated by the rise of sovereign wealth funds as major investors and rapid and growing smartphone penetration.
‘Hong Kong not prepared for large tour groups’
A tourism sector representative on Thursday said Hong Kong will probably need a few more months to reach its full capacity to receive tourists, partly ...
Hong Kong stocks rebound from 6-week low as China seeks stronger growth tonic amid liquidity injection speculation
The central bank could still lower banks’ reserve ratio, China Securities Journal said, citing interviews with local economists. Hong Kong stocks have struggled to sustain a powerful rally from late ...
Revealed – what are Hong Kong SMEs worried about?
About two out of five (39%) of the Hong Kong SMEs that participated in the survey reported a decline in overall sales and said that their economic outlook had become more negative ...
World Bank chief Malpass to step down
World Bank chief David Malpass announced on Wednesday he would step down by the end of June from his position heading the development lender. "After a ...
Let’s Spy on the Industrial and Commercial Bank of China’s Charts
Like a balloon in the sky, this stock might be signaling the end of the 'reopening trade,' and weakness in Hong Kong and China. Both are not good, in my view.
Trial of the ‘Hong Kong 47’ symbolises China’s attempts to dissolve civil society
Experts say Chinese authorities want to send the message that critical voices deemed a threat to the regime will be erased ...
Interactive Brokers Rolls Out BTC, ETH Trading to Professional Investors in Hong Kong
Mixed signals have come out of Hong Kong in recent months regarding its future regulatory environment for crypto. Its Financial Services and Treasury Bureau said in October that it was exploring ...
Beijing’s new top official in Hong Kong promotes city’s special role in nation’s development
Zheng Yanxiong, director of central government's liaison office in Hong Kong, calls on colleagues to understand city well by listening to views from all walks of life New top envoy reveals he spoke ...
Controversial proposal to raise taxes on betting in Hong Kong to be given prudent consideration, minister says
Financial services minister Christopher Hui says authorities looking into ways of ensuring fiscal sustainability, but aims to keep low tax rate for residents City's Jockey Club warns possible increase ...
CSRC moves to soothe nerves, says new regulation won’t lead to blanket ban on mainland investors trading Hong Kong, overseas stocks
The CSRC tries to calm investors on Wednesday about a new regulation being implemented from February 28, and emphasised that it would not impose a blanket ban on cross-border trading in Hong Kong and overseas stocks by mainland Chinese investors.
REPT Adds Credit Suisse to Arrange $1 Billion HK IPO, Sources Say
REPT Battero Energy Co. has added Credit Suisse Group AG to arrange its planned Hong Kong initial public offering, which could raise as much as $1 billion, according to people familiar with the matter ...
Hong Kong forces broadcasters to air 30 minutes of patriotic programming per week
At least 30 minutes of mandatory patriotic content will have to be run by Hong Kong’s TV and radio broadcasters each week, according to a new directive by the city’s authorities. Free-to-air TV and radio operators – or those that use public airwaves – must broadcast content about national education and identity as well as ...
A license plate that only has the letter ‘R’ on it just sold for $3.2 million in Hong Kong — and it’s not even a record in the city
The winning bid was at least 5,100 times the reserve price and represented more than 80% of the total raised at the auction.