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Month: January 2024

Posted on 22/01/2024

Hong Kong urged to match Singapore in green and sustainable financing subsidies to help revive debt offerings

Hong Kong has helped fuel a surge in bond sales tied to green and sustainable projects, spending HK$210 million (US$26.9 million) to subsidise issuance costs. Market players are calling for an ...

Posted on 22/01/2024

Hong Kong marathon returns to pre-pandemic size, 30-year-old runner dies after taking part

Authorities say 30-year-old participant who fainted after the race died despite immediate first aid and resuscitation efforts Event marked a return to its pre-pandemic quota of 74,000 participants, ...

Posted on 22/01/2024

Deep Dive: Shenzhen’s megastores attracting shoppers eager for bargains – can Hong Kong retailers compete?

With the opening of bulk retailer Costco earlier this month, Hongkongers are flocking across the border, where their money can stretch further.

Posted on 22/01/2024

Hong Kong cafe society and urban chic big draw for mainland Chinese tourists looking for a taste of street life as well instead of luxury boutiques

Peel Street in Central, a well-known Hong Kong spot, gets extra custom as it becomes a mainland tourist must-see attraction.

Posted on 22/01/2024

Hong Kong industrial rents grow 1.2% in full-year 2023

According to data from CBRE, new leasing volume for the sector fell from 6.3 million sq. ft. in 2022 to 2.9 million sq. ft. in 2023. Some emerging sectors were expanding. Electric vehicle dealers and ...

Posted on 22/01/2024

Hong Kong to start week with very cold, windy weather, with mercury to hit low of 7 degrees Celsius

Observatory says north winds expected to intensify after Sunday and bring temperatures to lows of 10 degrees on Monday and 7 degrees on Tuesday.

Posted on 22/01/2024

Hong Kong customs arrests US arrival over 1.3kg of cocaine hidden inside body

A visitor from the United States has been arrested and charged over allegedly carrying 1.3kg of cocaine worth an estimated HK$1.3 million (US$166,290) inside his body into Hong Kong. The 30-year-old ...

Posted on 21/01/2024

Hong Kong Marathon: Kenya’s Anderson Seroi claims ‘tough’ gold, Ethiopia’s Medina Armino takes women’s title

China’s Chen Yufan is the first runner across the line in the 10km race, with Hong Kong’s Candy Tsang taking the women’s title.

Posted on 21/01/2024

Hong Kong marathon tragedy: sports expert urges runners to get heart checks before races

Post learns Zhang Zhichong’s collapsed body was found at around noon after competing in Hong Kong’s biggest annual marathon and certified dead before 1pm ...

Posted on 21/01/2024

Hong Kong may see sharp rise in Covid cases in next 2 months, experts say, urging vulnerable groups to get booster jabs

Medical experts in Hong Kong have warned that Covid-19 cases could rise sharply in the next two months, urging those deemed at high risk to get vaccinated with the latest generation of jabs before the ...

Posted on 21/01/2024

Hong Kong set for very cold and windy start to week, with mercury to hit 7 degrees Celsius

Observatory says north winds expected to intensify after Sunday and bring temperatures to lows of 10 degrees on Monday and 7 degrees on Tuesday.

Posted on 21/01/2024

Talks with Guangdong province on permanent cross-border checks system as Hong Kong cracks down on public housing tenants who own homes elsewhere

A system to check if Hong Kong public housing tenants own properties in Guangdong province is operational and people found to own homes across the border may be evicted from their city flats, the city ...

Posted on 21/01/2024

Mainland Chinese buyers return to Hong Kong’s luxury property market amid signs of a pickup in activity

Hong Kong’s luxury property segment is showing signs of a revival, with mainland Chinese buyers returning to the market after an absence of a few years because of the pandemic. Market observers expect ...

Posted on 21/01/2024

ELS crisis deepens as Hong Kong index sags further

Losses inflicted on Korean investors from derivatives tracking the Hang Seng China Enterprises Index are swelling even faster than expected, as the notorious Hong Kong index has dipped further ...

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