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Hong Kong stocks approach 13-month low after JPMorgan, HSBC cast doubt over growth hopes into 2024
Hong Kong stocks dropped to the lowest level in nearly 13 months after JPMorgan and HSBC predicted another bumpy year ahead amid economic headwinds. Better-than-expected data on manufacturing activity ...
Hong Kong market indicators show city still ‘brilliant’ global financial centre, John Lee says, despite concerns amid flagging IPO figures
Chief Executive John Lee Ka-chiu has said market indicators show Hong Kong remains a leading international financial centre despite concerns over the city’s appeal amid shrinking IPO proceeds. The ...
Sun Hung Kai’s biggest weekend property sale since 2022 pays off, as homebuyers snap up flats at Yoho West amid strong demand
About 90 per cent of flats on offer this weekend at Yoho West, a joint project between SHKP and MTR Corp, are expected to be sold, according to agents Yoho West enticed more homebuyers because its ...
FWD HK unveils new retirement plan for HKMC’s programme
This collaboration expands retirement solutions in the market. FWD Hong Kong has introduced the Life Gala Insurance Plan, addressing the crucial need for comprehensive retirement planning. The plan ...
‘Mortgage rate war’ fuels unexpected rise in house prices – latest updates
Mortgage brokers have said a battle to offer the lowest mortgage ... Brent crude, the international standard, dropped 29 cents to $80.57 a barrel. Hong Kong’s Hang Seng dropped 0.5pc to 16,950.14, ...
HK Oct Mortgage Loans Approved Drop 2.2% MoM
The Hong Kong Monetary Authority (HKMA) released the results of the residential mortgage survey for October. The number of mortgage applications decreased by 39% MoM to 5,359. Mortgage loans approved ...
Hong Kong Cuts Public Housing Waiting Time to Boost Birth Rates
Hong Kong has reduced the waiting time for public housing applicants with newborn babies in an effort to support birth rates in the city.
Hong Kong should import more nuclear power from mainland China to hit its 2050 climate targets, top government adviser says
Hong Kong should consider importing more nuclear energy from mainland China to achieve its ambitious goal of carbon neutrality by 2050, a top government adviser has said, citing favourable factors ...
Hong Kong’s Middle East adventure: will there be gold or just heartache over cultural obstacles and lack of official support?
Government is hoping to tap into wealthy Middle Eastern markets and diversify Hong Kong’s economy after three years of pandemic curbs and uneasy US-China ties.
Hong Kong’s retail sales rise by 5.6% in October amid tourism revival, but industry leader worries Christmas spending will suffer as residents head north
Provisional figures show sales reach HK$33.8 billion, for 11th consecutive month of improvement Hong Kong Retail Management Association's Annie Tse says operators concerned about business over ...
Fears raised after Hong Kong journalist fails to return from China trip
Minnie Chan has reportedly been out of contact since travelling to Xiangshan Forum a month ago ...
Hong Kong minister hits out at claims that city’s days as global financial hub are over
Hong Kong’s status was ‘not a tall building or a monument that can be brought down by pressure,’ treasury secretary Christopher Hui says.
HK’s financial market remains resilient: Hui
Financial services chief Christopher Hui on Friday brushed aside online remarks that Hong Kong is now just a “relic” of an international financial ...