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Month: March 2024

Posted on 04/03/2024

Hong Kong sees surge in home sales on weekend after curbs lift

While the weekend sales are a boost to market sentiment, most analysts expect the medium-term outlook of the market to remain challenging due to high interest rates, ample inventory and a weak economy ...

Posted on 04/03/2024

Citigroup to leverage Hong Kong’s finance hub status to grow wealth business in Asia, Greater Bay Area

Hong Kong will be the epicentre of wealth management as some US$100 trillion in riches is created globally over the next 10 years, Citigroup's Andy Sieg says The US bank plans to expand its credit ...

Posted on 04/03/2024

Redevelop Hong Kong heritage: Folk Museum preserves artefacts from displaced Tai Hang Sai Estate residents

With city’s only private low-rental housing slated for renewal, group of collectors is helping tenants relocate; what they can’t take will be kept for exhibition.

Posted on 04/03/2024

Deep Dive: How expanding Hong Kong’s healthcare voucher scheme could affect elderly residents, local businesses

The Department of Health has announced plans to extend its voucher scheme to seven more hospitals and dental centres in the Greater Bay Area.

Posted on 04/03/2024

Young Hong Kongers Who Defied Xi Are Now Partying in China

A record number of residents are flocking to Shenzhen for cheap food and a good time, accelerating an integration once rejected by the city’s freedom-loving youth.

Posted on 04/03/2024

Hong Kong Manages Money Only for the Very Rich

This perhaps explains why Hong Kong residents made up around a third of HSBC’s investor base, and why many were enraged in 2020 when the UK-headquartered lender cancelled its dividend payouts ...

Posted on 04/03/2024

Eyeing a job in Hong Kong? Top talent from mainland China cite language barrier, high living costs as hurdles for hopeful employees

Successful applicants to Top Talent Pass Scheme attend job fair in Hong Kong, with 3,000 jobs offering monthly salaries of HK$25,000 to HK$100,000 up for grabs.

Posted on 04/03/2024

‘IMMERSIVE HONG KONG’ EXHIBITION COMES TO TOWN

The Immersive Hong Kong exhibition – which showcases Hong Kong’s unique strengths, advantages and opportunities with art technology – was launched in Kuala Lumpur on March 3 as part of a tour of Asean ...

Posted on 04/03/2024

Cats caught in Hong Kong flat fire revived with oxygen masks, 9 lives still intact

Four cats believed to have suffered smoke inhalation after blaze breaks out in eight-floor flat in New Territories, leading firefighters to employ masks normally used on humans.

Posted on 04/03/2024

3 of Jet Li’s 1990s action movies fusing guns and kung fu — before the Chinese martial artist left Hong Kong for Hollywood

Jet Li reinvented himself in the 1990s from a period kung fu movie star to a modern action hero. We look at three of his gun fu films fusing firearms and fighting, before he left Hong Kong for the US.

Posted on 03/03/2024

Hong Kong must look beyond bond issuances to cover government spending, ex-finance chief says, warns city is in ‘structural deficit era’

Former financial secretary John Tsang says revenue-boosting measures from new budget 'a drop in the bucket' compared with tens of billions needed to balance books 'It is impossible to imagine any ...

Posted on 03/03/2024

Will Hong Kong’s leaner tax breaks for EVs drive buyers to cheaper models? Industry leaders predict boost for lower-priced, mainland-made cars

Hong Kong car salesman Danny Chan Kwok-leung clinched five orders for electric vehicles (EVs) on Wednesday, the day Financial Secretary Paul Chan Mo-po unveiled his budget. The 55-year-old sales team ...

Posted on 03/03/2024

Linn: Hong Kong to press ahead with Lantau mega project

Hong Kong is pressing ahead with the development of the Kau Yi Chau Artificial Islands despite a delay in the start of reclamation works, which were supposed to begin by the end of 2025, Secretary for ...

Posted on 03/03/2024

Hong Kong ‘to press ahead with studies for artificial islands mega project this year’, despite plans to delay launch by up to 3 years

Development chief Bernadette Linn also says Lantau Tomorrow Vision reclamation works delay will not upset wider strategy to provide 410,000 homes over next 10 years Government aims to start works for ...

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