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Month: May 2023

Posted on 14/05/2023

Vendors expecting drop in business this Mother’s Day

Hong Kong's families are marking Mother's Day on Sunday, though flower sellers say the festival isn't bringing the traditional big boost in sales.

Posted on 14/05/2023

Face Off: Are Hong Kong schools sensitive enough to students with special needs?

Two readers debate a hot topic in a showdown that doesn’t necessarily reflect their personal views. This week, they discuss whether the city’s educational system is suitable for learners with unique ...

Posted on 14/05/2023

Hong Kong prelate says Vatican-China deal ‘not dead’ despite disputes over bishops

In remarks following his recent visit to Beijing, Hong Kong’s Bishop Stephen Chow has said he does not believe the Vatican’s deal with China on episcopal appointments has collapsed, despite several recent violations by Chinese authorities.

Posted on 14/05/2023

Hong Kong customs says no plans to ease recruiting standards, despite hiring difficulties among law enforcement agencies

So far, we consider recruitment standards for inspectors and customs officers to be relevant and suitable,’ Hong Kong Customs College commandant says.

Posted on 13/05/2023

‘Hiding mistress in a golden house’: Hong Kong wife’s conundrum after mainland spy trip to expose ‘cheating’ husband conceals home buying plan

Frequent visits to mainland China by husband of Hong Kong woman prompt her to play detective and tail him on one of his trips Wife's curiosity leads to an unexpected outcome when she discovers it is a ...

Posted on 13/05/2023

Hong Kong has subsidised over 220 green and sustainable debt instruments with over US$71.5 billion in issuances, treasury chief Christopher Hui says

Government will continue to accelerate the development of Hong Kong into an international centre for green and sustainable finance, Hui tells event The green and sustainable finance grant scheme ...

Posted on 13/05/2023

US-China war unlikely, but Hong Kong should be prepared to be ‘sandwiched’, ‘kicked around like a football’ for next decade amid tensions

Former president of the UN Security Council Kishore Mahbubani gives his take on city's political reality at forum by Singapore Chamber of Commerce He also warns that city should shore up US business ...

Posted on 13/05/2023

REFILE-UPDATE 1-Horizon Construction Development aims to raise up to $223 mln in Hong Kong IPO

May 12 (Reuters) - Shanghai-based construction services provider Horizon Construction Development Ltd on Friday filed for an IPO aiming to raise up to HK$1.75 billion ($222.96 million) in a Hong Kong ...

Posted on 13/05/2023

Hong Kong’s economic growth will reach top end of government’s annual forecast if strong recovery continues, expert says

Continued improvement in tourism and local spending will drive gross domestic product to upper range of forecast, government economist Adolph Leung says.

Posted on 12/05/2023

Goldman Sachs created an A.I.-powered social media startup for corporate use

Under CEO David Solomon, Goldman has sought to speed up its digital makeover by hiring Google and Amazon executives and asking employees to pitch startup ideas.

Posted on 12/05/2023

China Condemns U.S. Report Calling for Sanctions Against Hong Kong Security Judges

HONG KONG (Reuters) - China on Friday condemned a U.S. congressional report that called for sanctions against 29 Hong Kong judges involved in the city's national security cases, given their role in ...

Posted on 12/05/2023

Hong Kong tycoon Joseph Lau’s eldest son, Lau Ming-wai, puts two houses on The Peak on sale for almost HK$1 billion (US$127.5 million)

The younger Lau, chairman of Hong Kong-listed developer Chinese Estates Holdings, has appointed Centaline Property Agency to market houses A and D at 31 Barker Road, according to documents seen by the ...

Posted on 12/05/2023

Hong Kong Q1 GDP grew 2.7% y/y, sees tourism, consumption driving recovery this year

Hong Kong's economy grew 2.7% in the first quarter from a year earlier, government data showed on Friday, thanks to a strong recovery of inbound tourism and domestic demand which would remain drivers ...

Posted on 12/05/2023

Hong Kong stocks snap three-day streak of declines as JD.com’s robust results boost sentiment

Stocks rose for the first time in three days as strong earnings from JD.com countered weak US job data that pointed to cooling economic activity.

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