Hongkongers travelling to Thailand can now use Faster Payment System to make purchases, while Thais travelling to Hong Kong can pay using PromptPay Plans are afoot to raise the maximum daily limit in ...
Hong Kong a step closer to keeping stock and derivatives markets open during typhoons, issues consultation paper on ending shutdowns from July
Bourse operator HKEX has proposed keeping trading going during such adverse weather, a move that could enhance its revenue as well as bolster the government’s tax collections. The plan could come into ...
Hong Kong securities association suggests ICO to boost economy
Meanwhile, Hong Kong authorities are busy setting in place crypto regulations. In November, the local securities regulator laid down the business requirements for offering tokenized securities and ...
Singapore ties with Zurich as world’s most expensive city to live while Hong Kong slips one spot to fifth in latest EIU study
The city state took pole position for the ninth time in 11 years while Hong Kong slipped one notch to rank fifth among 173 countries, according to a study by the Economist Intelligence Unit (EIU).
China EV maker Zeekr puts U.S. IPO on hold – sources
Zeekr, the premium electric vehicle (EV) brand of Chinese automaker Geely, has put its U.S. initial public offering (IPO) on hold because of a mismatch in valuation expectations, two sources with ...
TAIEX outperforms HK’s Hang Seng
The TAIEX yesterday closed up 0.17 percent at 17,370.56, outperforming Hong Kong’s Hang Seng Index for the first time in 30 years, as the local index continued to benefit from liquidity-driven rallies ...
Hong Kong Exchange Starts Consultation to Allow Trading on Stormy Days
Hong Kong’s stock market, notorious for shutting down on typhoon days, is moving toward allowing trades in bad weather. Hong Kong Exchanges & Clearing, the exchange operator, said on Thursday that it ...
Hong Kong sees record 6 failed land tenders as elevated interest rates, depressed home prices dampen demand for new plots, Colliers says
Only four of 10 projects launched by the government in the past 11 months drew enough bids for the tender process to continue Besides jacking up development costs, the elevated interest rates have ...
Mainland China and Hong Kong condemn US committee over bill that could lead to shutdown of city’s representative offices in country
"Do not start any trouble, do not cross the line, use solid action to return to the correct path of promoting mutual trust and cooperation between China and the United States, and give up on ...
Hong Kong Oct Retail Sales up 5.6%, Helped by Inbound Tourism
HONG KONG (Reuters) - The continued revival of inbound tourism helped Hong Kong's retail sales notch up an 11th consecutive month of growth in October, though it was the slowest pace since December ...
Hong Kong stocks set for worst monthly losing streak in a year as manufacturing in China shrinks more than expected
Local stocks are headed for a fourth month of drop after an official report shows Chinese manufacturing contracted more than expected, underscoring concerns about the nation’s economic recovery ...
Hong Kong Looks On Nervously as China Respiratory Illnesses Rise
Health authorities in Hong Kong are watching a rise in respiratory illnesses in China closely, urging schools and the general public to take precautions as outbreaks on the mainland, particularly ...
Hong Kong Property Slump Sinks a Record Number of Land Tenders
Hong Kong saw a record number of failed land tenders this year with plot-sales revenue headed toward the lowest due to the sector downturn.
Hong Kong Stocks Rise After Four-day Loss
Hong Kong shares rose Thursday after a four-day sell-off, with traders keenly awaiting the release of key US inflation data later in the day. The Hang Seng Index added 0.29 percent, or 49.44 points, ...