Hong Kong firefighters are battling a blaze that broke out at a construction site in the city’s popular shopping district ...
Huge fire breaks out in Hong Kong construction zone
A fierce blaze destroyed part of a construction site in the Tsim Sha Tsui area of Kowloon, Hong Kong. Early reports suggest two people have been injured, with nobody killed.
Setting up a company in Hong Kong
One work!), if you are correct – with the help of professionals, decide to set up a company in Hong Kong. And whether you are physically present in Hong Kong or carry out all business processes ...
Hong Kong citizens reject the digital yuan – Here is why
The Chinese government’s project of central bank digital currency (CBDC), the “digital yuan,” has been met with low demand and disinterest from Hong Kong citizens. Low demand for digital yuan hard ...
Hong Kong stock exchange operator to open London office
Hong Kong Exchanges and Clearing (HKEX) confirmed today that it will open an office in London in the first half of 2023. It said the new office will expand the group’s international reach and promote ...
Hong Kong citizens not interested in digital yuan: Reports
Local authorities will continue their efforts to promote the digital yuan for Hong Kong citizens, including the project of a SIM-card hard wallet.
Hong Kong retail sales rise in Jan, inbound tourism to add to cheer
Hong Kong's retail sales rose in January for the second consecutive month as consumer sentiment improved, with further relaxation of pandemic-related rules expected to provide an additional boost, the ...
China’s digital yuan initiative gets cold reception from Hong Kong visitors
Local authorities in Luohu, a district of Shenzhen on the crossing between Hong Kong and the mainland, installed China’s first digital yuan hard wallet dispenser machines on Feb. 18, which are open ...
Bank of East Asia launches Mainland account opening service for Hong Kong residents
The service is offered in 15 designated BEA branches across Hong Kong. The Bank of East Asia (BEA) has launched a service that enables Hong Kong permanent residents to open a bank account with BEA ...
Hong Kong stocks surrender part of rally as China recovery stirs inflation while Country Garden slips on boardroom moves
Hong Kong stocks dropped amid concerns a stronger than expected recovery in China’s economy will stoke inflation and limit the room for policymakers to inject fresh stimulus. The Hang Seng Index lost ...
Property developer China Vanke raises nearly $500 mln in Hong Kong share sale
China Vanke Ltd said on Thursday it had raised $498.2 million by selling 300 million shares at HK$13.05 ($1.66) each, in the first test of investor appetite towards a mainland developer share sale in ...
Shareholders demand vote on spinning off HSBC Asia
Hong Kong-based minority investors in HSBC are demanding a vote at the bank’s annual meeting in May on whether it should devise a formal plan to boost returns by spinning off its lucrative Asia ...
Property developer China Vanke to raise $500 million via share placement – term sheet
Major Chinese property developer China Vanke is selling 300 million new H-shares at HK$12.93 to HK$13.20 apiece in a placement on Wednesday to raise around $500 million, according to a term sheet seen ...
Property developer China Vanke to raise $500 mln via share placement – term sheets
China Vanke Co Ltd is seeking to raise around $500 million via a new share placement in Hong Kong, according to term sheets seen by Reuters, in a first major test of offshore investor appetite for ...