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Month: March 2023

Posted on 14/03/2023

China’s finance minister backs Hong Kong ‘broadening international cooperation’ as he speaks highly of John Lee during Beijing meeting

Chinese finance minister Liu Kun also says Hong Kong's economic vitality has been revived under Chief Executive John Lee and hopes to 'also learn' from city leader High-level exchange marks first ...

Posted on 14/03/2023

Hang Seng Index crash: There is an ill wind blowing

The Hang Seng index sell-off gained steam on Tuesday as fears of a global contagion spread. The closely watched index plunged by almost 2% ...

Posted on 14/03/2023

HSBC, AIA, Country Garden lead decline in Hong Kong stocks as Hang Seng Index heads for lowest close since December

HSBC falls by more than 5 per cent after it announced on Monday it will buy Silicon Valley Bank's UK subsidiary Positive remarks about economic growth by new Chinese Premier Li Qiang do little to spur ...

Posted on 14/03/2023

HSBC’s share price hit amid criticism of SVB UK purchase

HSBC's Hong Kong shares fell more than 6% at one point in Tuesday morning trading, following a 0.18% drop on Monday, the day the bank announced it had agreed to purchase Silicon Valley Bank UK for 1 ...

Posted on 14/03/2023

China’s finance minister backs Hong Kong widening ‘international cooperations’ as he speaks highly of John Lee during Beijing meeting

Chinese finance minister Liu Kun also says Hong Kong's economic vitality has been revived under Chief Executive John Lee and hopes to 'also learn' from city leader High-level exchange marks first ...

Posted on 14/03/2023

Asian markets tumble as SVB fallout fears rattle banking sector

Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon Valley Bank's collapse gripped the market despite US government efforts to stabilize the ...

Posted on 14/03/2023

Hong Kong seeks to fill brain drain gap as locals and foreigners leave city

Things are however looking up for the city as those who left the city look to return following the city's reopening.

Posted on 14/03/2023

Hong Kong’s ‘villain hitting’ ritual draws crowds

People holding a grudge may have found a way to release it in Hong Kong’s “villain hitting” ritual. To relieve themselves from a bad mood, customers paid ritual practitioners who work underneath the ...

Posted on 14/03/2023

China, Hong Kong stocks fall as SVB contagion fears linger

China and Hong Kong stocks fell on Tuesday to their lowest in more than two months, as fears lingered about contagion from the Silicon Valley Bank's (SVB) collapse.

Posted on 14/03/2023

AP PHOTOS: Hong Kong’s ‘villain hitting’ ritual draws crowds

People holding a grudge may have found a way to release it in Hong Kong’s “villain hitting” ritual. To relieve themselves from a bad mood, customers paid ritual practitioners who work underneath the ...

Posted on 14/03/2023

What healthcare services do GBA travellers seek from HK?

GBA travellers go to HK due to treatments not being available in Mainland China. Apart from shopping and touring, travellers from the Greater Bay Area also visit Hong Kong to seek medical services, a ...

Posted on 14/03/2023

Kampong Speu governor courts investors in Hong Kong

Kampong Speu provincial governor Vei Samnang has pledged to attract more investment to his province. Samnang announced that he would lead a provincial delegation to Hong Kong later this month to ...

Posted on 14/03/2023

SVB collapse: Hong Kong property market, economy could benefit from expected pause in US interest rate increases

Five out of eight analysts in Hong Kong polled by the Post say they expect Fed to not raise interest rates on March 22 No rate rises will benefit Hong Kong's property market and overall economy, ANZ ...

Posted on 14/03/2023

HK stocks open lower on renewed fears over US bank

Hong Kong stocks fell at the open on Tuesday as traders around the world grow worried that the collapse of a regional US lender could lead to ...

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