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Month: May 2023

Posted on 09/05/2023

China Opening Revives Wealth Pipeline to Hong Kong Finance Hub

A welcome sign is emerging in Hong Kong after three years of travel restrictions: lines of mainland Chinese tourists outside the city’s bank branches.

Posted on 09/05/2023

How US-China decoupling makes Hong Kong a prime go-between to ease economic rifts with West

Special administration region seen uniquely positioned to serve as dialogue nexus that could help prevent economic fragmentation from devolving into bigger conflict City's financial secretary warns ...

Posted on 09/05/2023

‘Subversive’ Art Is a Crime in Hong Kong

The city boasts of its ‘world-class museums,’ but officials seized a sculpture without due process.

Posted on 09/05/2023

Hong Kong asked Google to remove 183 items in latter half of 2022; national security takedown requests surged

The Hong Kong government requested that Google remove 183 items between July and December 2022 – mostly from YouTube – with the US tech giant denying almost half of the requests, according to its ...

Posted on 09/05/2023

HKeToll: smooth start on first working day for Hong Kong’s new automatic payment system, fewer motorists hesitating at closed booths

Hong Kong’s new automatic toll system at the Tsing Sha Control Area got off to a smooth start on the first working day of operations on Monday morning, with fewer motorists seen hesitating before ...

Posted on 08/05/2023

Most Japanese firms in Hong Kong keen on expanding operations to regions covered by world’s largest free-trade pact, survey finds

Although Hong Kong is not yet a member of the Regional Comprehensive Economic Partnership, the city is still a premier platform for trade pact, Japanese firms say City's core strength lies in its ...

Posted on 08/05/2023

Seized US$892 million Hong Kong commercial property put on sale as tycoon Chen Hongtian fights to reclaim it

One HarbourGate East Tower in Hung Hom has been put on the market for tender sale by its receivers, according to real estate firm Savills The announcement came after Chen Hongtian said on Friday he ...

Posted on 08/05/2023

Exclusive-HSBC reaches deal to buy out China fund partner -sources

HSBC has agreed to buy out its China fund management joint venture partner, two people familiar with the matter said, as the Asia-focused bank pushes ahead with expansion in the world's second-largest ...

Posted on 08/05/2023

Hong Kong Receives First LNG Shipment to Help Phase Out Coal

Hong Kong received its first ever shipment of liquefied natural gas amid a wider push to reduce reliance on coal.

Posted on 08/05/2023

Hong Kong stocks make upbeat start to week as traders look past weak earnings, await China economic figures

Hong Kong stocks made a positive start to the week after solid US payroll data calmed worries about a recession in the world’s biggest economy but investors remain watchful ahead of critical economic ...

Posted on 08/05/2023

Hong Kong:Has the Property Market Bottomed Out?

Whilst we acknowledge this fact, we would like to point out that the property market seems to be bottoming out in Hong Kong, which is particularly surprising given the elevated rates environment. In ...

Posted on 08/05/2023

Euphoria over China’s SOEs, AI inflate price gap for stocks listed on mainland and Hong Kong bourses to 5-month high

The A-shares of 150 dual-listed companies commanded a 42 per cent premium over their H-share counterparts this month, versus a 10-year average of 26 per cent Among the biggest discrepancies, the ...

Posted on 08/05/2023

Chinese tycoon’s $1.18 billion Hong Kong tower put on sale by creditors

Hong Kong has seen a rise in properties of Chinese developers going on the market in recent months. Read more at straitstimes.com.

Posted on 08/05/2023

Hang Seng Bank warns of fraudulent facebook account

The bank said that it will never ask customers to give their personal information through embedded links. Hong Kong’s Hang Seng Bank is warning the public of a fraudulent facebook account claiming to ...

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