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Month: August 2023

Posted on 22/08/2023

Alibaba, Tencent lead Hong Kong stock rebound as market slump to 9-month low deemed excessive

Hong Kong stocks rebounded, paced by Chinese tech leaders including Alibaba Group Holding, as traders deemed the market’s slump this week to a nine-month low as excessive. Investors are too ...

Posted on 22/08/2023

Students could start taking Hong Kong’s DSE exams from the mainland

At least four mainland schools catering to Hong Kong pupils have applied to be Diploma of Secondary Education exam centres, according to principal.

Posted on 22/08/2023

CIMC Group Constructs Nearly 3,600 Transitional Houses in Hong Kong, Expected to Benefit Over 10,000 Families

On 10th August, CIMC Modular Building Systems Holding Co., Limited ("CIMC-MBS"), a subsidiary of CIMC Building Technology Co., Ltd. Under CIMC Group, held a module lifting ceremony at the transitional ...

Posted on 22/08/2023

Hong Kong’s jailed student loses bid to reduce sentence over inciting secession in landmark ruling

A jailed university student in Hong Kong has lost his bid to reduce his five-year sentence over inciting secession.

Posted on 22/08/2023

Half of Hong Kong Stocks Are Oversold as Bear Market Takes Hold

About half of the stocks in Hong Kong’s benchmark index are now oversold as investor sentiment deteriorates amid China’s dismal economic data, deflation fears, and a property market slump that’s now ...

Posted on 22/08/2023

Japanese restaurant owners in Hong Kong brace for Fukushima seafood ban

Japanese restaurant owners in Hong Kong are grappling with a looming ban on seafood imports from 10 Japanese prefectures because of Tokyo's plan to release treated water from the crippled Fukushima ...

Posted on 22/08/2023

Hong Kong Investor Starts Property Fire Sale After Wife Arrested

A Hong Kong businessman whose wife was recently arrested in Vietnam has emerged as the latest desperate seller in the city’s increasingly turbulent property market.

Posted on 22/08/2023

Hong Kong national security law: university student loses final appeal against 5-year jail term over independence call

Top court rules discounts on guilty plea not always applicable to serious transgressions of national security Landmark move will set bar for sentencing in national security trials, including ...

Posted on 22/08/2023

Hong Kong bets on crypto as sector’s star dims over crackdowns overseas

The Chinese territory has issued its first licenses for retail crypto trading amid push to cash in on virtual assets.

Posted on 22/08/2023

Hong Kong Food Expo 2023 and other fairs attract nearly half a million visitors, vendors report soaring sales

Government figures also show inflation rose by 1.8 per cent year on year in July, down slightly from 1.9 per cent increase recorded in June.

Posted on 22/08/2023

Hong Kong trampoline park vows to upgrade safety policy after teen, 17, suffers head injuries

The operator of a Hong Kong trampoline park has vowed to improve safety measures after a teenager was injured in a collision with another youth, as a sports expert called for authorities to step up ...

Posted on 22/08/2023

Hong Kong’s activity centres must always put safety first

Hong Kong trampoline park vows to upgrade safety after teen suffers ... Most operators understand ensuring safety makes good business sense. Legal experts also caution that waivers may not absolve ...

Posted on 22/08/2023

Chinese Developers Owe $137 Million to Hong Kong Property Agency

Several Chinese developers owe more than 1 billion yuan ($137 million) in commission fees to property agency Centaline’s mainland China unit, the Hong Kong company said in a statement.

Posted on 22/08/2023

Hong Kong’s First Licenced Exchange HashKey Unveil Grand Launch Date, Top-Tier Bank Collaborations Announcement

HashKey Exchange, Hong Kong’s premier licensed retail virtual asset exchange, is set to usher in a new era of accessibility and convenience for retail users. The move comes after the exchange received ...

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