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Month: May 2024

Posted on 20/05/2024

Hong Kong stocks at 10-month highs after China’s property rescue measures

Sportswear maker Li Ning jumped 4.5 per cent to HK$23 while online travel agency Trip.com added 3.1 per cent to HK$452.20. The People Bank’s of China on Friday announced some of the most aggressive ...

Posted on 20/05/2024

Hong Kong’s family office measures succeed in attracting global interest: JPMorgan Private Bank

With tax and regulations on the top of the list for family offices, Hong Kong scores well in these areas, JPMorgan Private Bank's Paul Knox says Most of the interest is from the bank's clients in ...

Posted on 20/05/2024

{Block Trade}CM BANK (03968): 1m shares, or HK$38.52m

The deal amounted to HK$38.52m, or at HK$38.525 per share, 2.2% lower than previous close. CM BANK is now trading down 2.16% to HK$38.55, with 10.67 million shares of HK$414.7m ...

Posted on 20/05/2024

Australian investors snag Hong Kong bargains as share prices surge

Fund managers see opportunities, with Chinese authorities promising measures to stop a long-term outflow of money from one of Asia’s biggest stock markets.

Posted on 20/05/2024

Hong Kong police busts biggest cocaine case of year

HONG KONG -- The Hong Kong Police Force said Sunday that they have seized about 225 kg of suspected cocaine, marking the biggest cocaine seizure of this year, and arrested two men. Officers raided a ...

Posted on 20/05/2024

Proposed Hong Kong medical school will train ‘new generation’ of tech-savvy doctors, says HKUST president Nancy Ip

HKUST president Nancy Ip says she hopes doctors trained by university will help to alleviate city’s long-standing shortage of medical professionals.

Posted on 20/05/2024

Hong Kong civil service pay rise will be a tough sell to weary public

The tentative findings of a pay trend survey suggest that salary increases of up to 5.47 per cent could be on the cards for Hong Kong’s civil servants. This is going to be a tough sell to the public.

Posted on 20/05/2024

Hong Kong and Singapore retail fortunes pick up, but Lion City could win in the long-term

Hong Kong fared slightly better, with rents for high street shops rising 1.7 per cent and prime shopping centres by 0.7 per cent in the same period, according to the property consultancy. It was, ...

Posted on 20/05/2024

Hong Kong film director Ray Yeung highlights importance of LGBTQ stories with ‘All Shall Be Well’

In 2020, acclaimed director Ray Yeung attended a talk on the inheritance rights of LGBTQ couples in Hong Kong, where he heard the stories of three lesbian couples who lost everything after the death ...

Posted on 20/05/2024

Hong Kong fire service launches probe after toxic and flammable gas leak affects New Territories’ residential area

Government warns nearby residents to close windows and doors and to stay calm after leak of toxic and flammable gas in New Territories in early hours of Sunday.

Posted on 20/05/2024

Hong Kong police arrest 15-year-old boy and man for vandalising grave of pop band Beyond’s lead singer

Hong Kong police have arrested a 15-year-old boy and a man for damaging the grave of lead singer Wong Ka-kui of pop band Beyond after videos of the vandalism were circulated online.

Posted on 19/05/2024

Hong Kong finance minister vows to even out economic recovery through better market conditions, boost to consumer confidence

Paul Chan says varying success of economic recovery across business sectors needs action to promote more growth Chan adds retail and catering trades still suffering, although property sector is ...

Posted on 19/05/2024

Moving beyond masks: Hong Kong start-up Innotier expands into antimicrobial clothing

Like many mask manufacturers in Hong Kong, Juliana Lam saw her company’s business drop sharply after the government scrapped the face-covering mandate in March last year as the number of Covid-19 ...

Posted on 19/05/2024

Hong Kong finance secretary vows to even out economic recovery through better market conditions, boost to consumer confidence

Hong Kong’s economic fightback has had varying success across different sectors, despite an improvement in the property and stock markets after cooling measures were ditched, the financial minister ...

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