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Month: March 2023

Posted on 12/03/2023

All you need to know about Hong Kong’s 2023 round of consumption vouchers

First instalment will be disbursed from April 16 to payment platform residents chose for previous batch Permanent residents and certain new arrivals will receive HK$5,000, while others will get ...

Posted on 12/03/2023

Hong Kong court jails three members of Tiananmen vigil group

Three former members of a Hong Kong group that organised annual vigils to mark China's 1989 Tiananmen Square crackdown, were jailed on Saturday for four and a half months for not complying with a ...

Posted on 12/03/2023

Hong Kong activists behind Tiananmen vigils sentenced to 4.5 months in jail

HONG KONG (AP) — Three former organizers of Hong Kong’s annual vigil in remembrance of the 1989 Tiananmen Square crackdown on pro-democracy protests were jailed Saturday for 4 1/2 months for failing to provide authorities with information on the group ...

Posted on 12/03/2023

3 Hong Kong activists sentenced for refusing to collaborate with protest crackdown

March 11 (UPI) --Three Hong Kong activists on Saturday were sentenced to 4 1/2 months in jail for refusing to cooperate with police during a probe of their now-disbanded protest organization. The trio were sentenced under a national security law that ...

Posted on 11/03/2023

‘We won’t sell land at dirt cheap prices,’ Hong Kong’s finance chief says, vowing to focus on stable housing supply for society

Financial Secretary Paul Chan reaffirms government's commitment to land policy after year's first sale of commercial plot fetches 35 per cent less than low end of valuation Government to place 18 more ...

Posted on 11/03/2023

Cathay’s people problem is Hong Kong’s too

HONG KONG, March 10 (Reuters Breakingviews) - Cathay Pacific (0293.HK) may be a high-flying reminder of the Asian finance hub’s pandemic-induced isolation for longer than anyone wants. The bureaucracy ...

Posted on 11/03/2023

Snap happy: Hong Kong’s multimillion-dollar pre-wedding photo business clicks back into gear after big-day Covid delays

After Covid-19 played havoc with marriage plans, photographers across the city are back in business, big-style When Hong Kong celebrity couple Carlos Chan and Shiga Lin announced they would wed on ...

Posted on 11/03/2023

HSBC Shareholder Group Pushes for Resolutions to Boost Dividend

An HSBC Holdings Plc activist shareholder in Hong Kong is pushing the lender to allow investors to vote on a plan that requires the bank to provide regular updates on the restructuring of its Asian ...

Posted on 11/03/2023

Hong Kong’s Cathay Pacific posts loss of HK$6.5 billion for 2022, but vows to rebuild brand

Cathay chairman Patrick Healy says Covid-19 pandemic marked difficult time, but group will now focus on reconnecting with mainland ChinaAirline expected to reach 70 per cent of pre-Covid passenger ...

Posted on 11/03/2023

Hong Kong activists behind Tiananmen vigil jailed for months

Three former organizers of Hong Kong’s annual vigil in remembrance of victims of China’s 1989 crackdown on pro-democracy protests have been jailed for four and a half months for failing to provide ...

Posted on 11/03/2023

Hong Kong Court Jails 3 Members of Tiananmen Vigil Group

Three former members of a Hong Kong group that organised annual vigils to mark China's 1989 Tiananmen Square crackdown, were jailed on Saturday for four and a half months for not complying with a ...

Posted on 11/03/2023

HKEX readies ‘game-changer’ IPO rules that promise to open funding taps for Hong Kong technology start-ups

The exchange is slashing valuation prerequisites and will consider IPOs by five types of Big Tech firms, including pre-revenue companies UBS and Haitong International both report strong issuer ...

Posted on 11/03/2023

Creditors Look to Sell Evergrande Chairman’s Hong Kong Mansion for HK$800 Million

Located in The Peak, the city’s most prestigious neighborhood, the mansion has 5,171 square feet and sweeping views ...

Posted on 11/03/2023

Hong Kong property: border reopening not quite the magic bullet hoped for, JLL report suggests

Transactions involving buyers from outside Hong Kong were still dramatically lower in January than in pre-pandemic times, JLL's data shows Interest from Hongkongers looking to buy property in the ...

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