Shares of Chinese electric car makers jumped in Hong Kong on Wednesday, extending soaring overnight gains on Wall Street, driven in part by expectations of recovering sales in the world’s largest automobile market.
Hong Kong bans CBD, forcing businesses to shut or revamp
Hong Kong has banned CBD as a “dangerous drug” and imposed harsh penalties for its possession, forcing fledging businesses to shut down or revamp.
Higher Open Called For Hong Kong Shares
The Hong Kong stock market has moved lower in consecutive trading days, tumbling more than 840 points or 4 percent along the way. The ...
Hong Kong is criminalizing CBD as a ‘dangerous drug’ alongside heroin
Two years ago, cannabidiol was booming in Hong Kong. The compound, known as CBD, was popping up in cafes, restaurants and stores, with businesses eager to join an exciting new market already ...
Hang Lung Properties says Hong Kong property recovery will not be ‘V-shaped’
Adriel Chan from Hang Lung Properties says Hong Kong will get a boost from the return of Mainland China travelers looking for an "alternative" market.
Hong Kong Housing Slump Pushes Negative Equity to 18-Year High
The number of people in Hong Kong whose homes are worth less than their mortgages surged to an 18-year high as the financial hub struggles with the worst housing slump in more than a decade.
Hong Kong unveils plans for temporary apartments
Hong Kong plans to spend about US$3.32bil (RM14bil) on temporary apartments to help reduce the wait times for public housing in one of the world’s most expensive real estate markets.
Reed Smith and Morgan Lewis Add Debt Securities Partners to Hong Kong Practices
Reed Smith and Morgan Lewis have both appointed a new debt securities partners to their Hong Kong offices. Reed Smith and Morgan, Lewis & Bockius have each hired a debt securities partner in Hong Kong.
Hong Kong luxury apartment rents to rise by up to 5% by year-end
Rents will be subdued in the first half of the year. A Savills report reveals that Hong Kong Island luxury apartment rents are now 17% below peak levels in 2019 while townhouses are down by around 13%.
More to Hong Kong talent search than just finding it
As Hong Kong battles to recover from economic damage inflicted by the pandemic, it has to address its strengths and weaknesses and recruit accordingly Chief Executive John Lee Ka-chiu put the fight to ...
Hong Kong residents scramble to get rid of CBD products after ban lumps it with heroin, cocaine
Hong Kong has put CBD in the same class of drug as cannabis, cocaine, ecstasy, heroin, ketamine and "ice" due to difficulty in isolating pure CBD from cannabis.
Not just a shopping mall: as Hong Kong reopens, a time to fix old problems and chart new path
While Hong Kong did well during the pandemic, there are several unaddressed issues that must be resolved as the city gets back on its feet Rather than restore the status quo, leaders must fix the city ...
Hong Kong stocks decline as traders await more China recovery signals, while fund warns of market pullback as Fed meets
Stocks declined for a second day as traders looked for more recovery signals to justify the rally.The Fed holds its policy meeting this week. BYD surged following a bullish earnings alert.
Hong Kong lawmakers call for rethink on ‘obnoxious’ public service facilities planned for Tseung Kwan O after proposal attracts 7,000 complaints
Lawmaker Connie Lam says she was inundated with more than 7,000 objections to plan in just two weeks Government insists sites cannot be put elsewhere because they need to be on coast Hong Kong ...