China’s unexpected move to cut its stock trading tax is adding pressure on Hong Kong to follow suit, creating a dilemma for the city’s finance chief over the potential hit to government income.
Standard Chartered HK to maintain good loan quality, profitability
The non-performing loan (NPL) ratio will likely increase as well, however. Modest economic recovery in Mainland China and Hong Kong will support the soundness of Standard Chartered Hong Kong’s asset ...
Prudential Hong Kong invests in AI, clinics to capture share of booming policy sales to visitors from mainland China
The technology investment does not aim to replace staff or agents, and in fact the company plans to hire 4,000 more agents this year, CEO says Prudential boss optimistic about outlook for Hong Kong ...
Sky shuttles at Kai Tak? Hong Kong ‘will revive elevated transit project, propose solutions’ for transport woes in area as firms eye contract
Intense competition expected among Hong Kong, mainland companies to build East Kowloon transport network Monorail plan scrapped in 2020, but project on track to return amid mounting calls for better ...
China Citic Bank International eyes mobile banking increase in Hong Kong, aims to save 1 million sheets of paper a year
The lender aims to cut down on paper use in its 24 local branches to save 1 million sheets of paper a year, as it goes all-in on promoting its mobile banking app, according to a senior executive.
Hong Kong development minister confirms luxury house at Redhill Peninsula has illegal structures, hours after site evacuated following landslide
Secretary for Development Bernadette Linn says initial investigation also shows luxury estate’s house No 72 unlawfully occupies slope considered government land.
Investors should look to Hong Kong as financing platform for belt and road infrastructure projects, city’s Paul Chan says
Finance chief touts Hong Kong as key player in China's plan to grow global trade, pointing to city's ample fiscal products and sound legal system 'As the country's international financial centre, Hong ...
Hong Kong Extends Shutdown After Record Rain Overwhelms City
Hong Kong's heaviest rainstorm since records began in 1884 flooded the financial hub's streets and sent torrents of water rushing through subway stations, bringing much of the city to a standstill and ...
Storms Deluge Hong Kong and Other Southern Chinese Cities
Rainstorms caused by remnants of Typhoon Haikui, which had been churning along the Chinese coast, submerged roads and homes, and set rainfall records.
Hong Kong migrants revel in Cantopop concerts, films from home as tears flow, emotions high in ‘collective healing’ at venues in Canada, UK
Emotional scenes as migrants who left in recent years flock to see RubberBand concerts and other Cantopop groups.
Hong Kong luxury home market awaits return of affluent mainland Chinese buyers, as city’s talent scheme powers rentals
The city recorded 42 luxury home sales in the three months to June, down 37.3 per cent quarter on quarter, as high borrowing costs put off investors The decline in Hong Kong luxury flat sales reflects ...
Hong Kong’s investment arm to start funding projects by year-end
The Hong Kong Investment Corp. (HKIC), a government-owned investment operation created last October, is actively selecting potential projects and is expected to begin pouring money into them by ...
Hong Kong’s weather making life more challenging
A WEEK after buildings swayed and the seas swelled under the high winds of super typhoon Saola, Hong Kong faced a new disaster: 600 mm of rain in 24 hours, a deluge that flooded roads, triggered ...
How Gen-X Cops led Hong Kong’s new-style ’90s action films that featured young actors, more special effects … and sub-par scripts
Hong Kong cinema was flagging in the late 1990s, and filmmakers looked to Hollywood for inspiration, changing how they made action films Gen-X Cops was a classic example of the new style, with younger ...