Hong Kong will give away air tickets and vouchers to woo tourists back to the international financial hub, racing to catch up with other popular travel destinations in a fierce regional competition.
New World considers sale of majority of $1.4 billion Hong Kong office tower – sources
Hong Kong's New World Development is talking to investors about the sale of a majority stake in an office tower under its premium K11 brand as it disposes of non-core assets to fund its rapid ...
HSBC to leave unchanged best lending rate in
HSBC Holdings said on Thursday it was leaving its best lending rate in Hong Kong unchanged at 5.625%, despite a raise by the city’s de facto central bank in the base rate charged through its overnight ...
HSBC leads banks in keeping loan cost steady after Hong Kong’s 25-pip rate hike to offer relief to city’s slumping economy
The slower pace could bring some much-needed respite for Hong Kong's economy, which is trying to grow its way out of recession The slower increase, done in lockstep with the Federal Reserve, came ...
Govt: Hong Kong economy shrank 3.5pc in 2022
Hong Kong's economy shrank by 3.5 per cent in 2022, with exports plunging and the city's worst-ever coronavirus outbreak battering businesses, ...
Hong Kong firms rejecting Covid-positive customers could breach anti-discrimination law, watchdog says
Hong Kong Free Press. Restaurants and clinics that refuse to serve people testing positive for Covid-19 could breach Hong Kong’s anti-discrimination law, the Equal Opportunit ...
We’re confident that Hong Kong’s economy can ‘return to expansion’ in 2023, says economist
Carlos Casanova of Union Bancaire Privee discusses the factors that are lifting sentiment in Hong Kong, such as mainland China's reopening.
Hong Kong’s cenbank raises interest rate after Fed hike
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 ...
China’s Proposed IPO Overhaul Comes With Restrictions
China’s planned easing of rules for initial public offerings across all its exchanges comes with restrictions telling bankers that some firms will need to seek special permission to sell shares.
HSBC Reiterates “Buy” Rating on Fosun and Raises Target Price to HK$11.50
HONG KONG SAR - Media OutReach - 2 February 2023 - On 30 January 2023, HSBC Global Research ("HSBC") published a report pointing out that Fosun International Limited ("Fosun International" or the ...
JPMorgan says Hong Kong shares to rebound in February and names 5 stocks to own
JPMorgan has identified five stocks to own amid an expected rise in Hong Kong and China stocks in February as investors rotate into "quality laggards." ...
Hong Kong raises base rate at the slowest pace since May 2022, offering relief to city’s slumping economy as US inflationary pressure eases
The slower pace could bring some much-needed respite for Hong Kong's economy, which is trying to grow its way out of recession The slower increase, done in lockstep with the Federal Reserve, came ...
Hong Kong bans CBD, imposes zero-tolerance policy, harsh penalties for possession
After Hong Kong's CBD ban, anyone who possesses CBD risks seven years in jail and a $128,000 fine. Other charges could result in life in prison.
Hong Kong officials implement ban on CBD
Hong Kong on Wednesday implemented a ban CBD, putting it in the same class as heroin and cocaine. © Jerome Favre/EPA-EFE Hong Kong's government implemented a ban ...