worth of Hong Kong-listed stocks this week through Thursday, according to Stock Connect data. The European Central Bank and the Bank of England both raised their key rates by 50 basis points versus a ...
Hong Kong’s Urban Renewal Authority withdraws Kwun Tong land sale that drew only 1 bid amid pessimistic outlook
the second withdrawal of a land sale in Hong Kong this year as developers' appetite for new projects remains suppressed amid weak market sentiment. Property market watchers had anticipated the ...
Hong Kong’s borrowing cost keeps falling even as benchmark rate rises
The Hong Kong Monetary Authority (HKMA) raised its benchmark interest rate in line with the US Federal Reserve on Thursday in a move that’s likely to have little immediate impact on the real cost of ...
Hong Kong says ‘hello’ to woo back visitors after COVID isolation
Hong Kong leader John Lee unveiled on Thursday a promotion campaign that will include 500,000 free flights to lure back visitors, businesses and investors to the financial hub after more than three ...
Hello Hong Kong, goodbye Covid? John Lee to launch HK$2 billion drive to lure back tourists, business
Chief Executive John Lee will officiate at the launch ceremony of the HK$2 billion ‘Hello Hong Kong’ campaign.
Hong Kong’s New World Development denies sale of K11 Atelier stake, citing ‘robust cash reserves’
The developer, owned by the family of billionaire Henry Cheng Kar-shun, issued a statement to say it has US$13.4 billion in capital and ‘no plans to sell any stake in K11 Atelier King’s Road’.
Robotics Firm UBTech Files for Hong Kong IPO
UBTech Robotics Corp. Ltd., a loss-making developer of artificial intelligence-powered humanoid robots, has filed for a Hong Kong IPO in a renewed effort to seek more funding to finance its expansion ...
Hong Kong Offers 500,000 Free Flights After Covid Isolation
Hong Kong is ready to welcome the world back, its leader said Thursday, pledging more than half a million free flights and positive publicity to resurrect the once-vibrant global hub after three years ...
Hong Kong is giving away air tickets, vouchers to attract tourists after reopening borders following COVID
After lifting the majority of COVID restrictions, Hong Kong is launching a "Hello Hong Kong" tourist campaign. The city is offering free air tickets to tourists around the world.
Hong Kong’s banks keep loan costs steady after quarter-point rate hike, offering respite to city’s slumping economy
Six major lenders, including HSBC, Hang Seng Bank, Citibank and Standard Chartered, said they would keep the loan rate for their best clients unchanged Hours earlier, Hong Kong's monetary authority ...
We adopted our son from an orphanage in Hong Kong. Later, we found out about his best friend, so we adopted him, too.
After adopting a boy with severe medical issues, the family found out his best friend was still in need of a family. They adopted him, too.
Hong Kong’s cenbank raises interest rate after Fed hike, HSBC keeps rate unchanged
The Hong Kong Monetary Authority (HKMA) raised its base rate charged through the overnight discount window by 25 basis points to 5.0% on Thursday, hours after the U.S. Federal Reserve delivered a rate ...
Hong Kong Says ‘Hello’ to Woo Back Visitors After COVID
Hong Kong leader John Lee unveiled on Thursday a promotion campaign that will include 500,000 free flights to lure back visitors, businesses and investors to the financial hub after more than three ...
Hong Kong services to rebound as China reopens, but UBP says sector is coming from ‘fragile situation’
However, its economist warned that the sector will be "going from a very fragile situation," given its contraction in every single quarter of 2022.