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Month: July 2024

Posted on 13/07/2024

Hong Kong to limit number of cars from Guangdong, Macau entering via mega bridge

Much-awaited ‘Southbound Travel for Guangdong Vehicles’ scheme will adopt ‘smaller scale’ launch, transport minister Lam Sai-hung says.

Posted on 13/07/2024

Discover why a Hong Kong city break’s green, clean and totally wild

It’s mighty green: 40% of Hong Kong’s land is made up of natural spaces. This includes its 24 country parks, 250 islands, plus its urban parks, hike-ready mountains, sprawling forests and sandy ...

Posted on 13/07/2024

Record-Setting Romantic Warrior Claims 2023/24 Horse Of The Year Title At Hong Kong’s Champion Awards

Romantic Warrior’s outstanding performance during the 2023/24 racing season saw the globetrotting Hong Kong hero earn the Horse of the Year title at a special presentation held at the Grand Ballroom ...

Posted on 13/07/2024

Hong Kong, Guangdong sign 6 cooperation deals to strengthen Greater Bay Area integration

City leader John Lee and Guangdong Governor Wang Weizhong meet in Guangzhou, with deals signed covering food safety to healthcare cooperation.

Posted on 12/07/2024

Hong Kong and mainland Chinese exchanges add 91 ETFs to Stock Connect scheme

It is also part of the five measures announced by the China Securities Regulatory Commission in April to strengthen ties between the two markets and boost Hong Kong’s status as a global financial hub.

Posted on 12/07/2024

Hong Kong’s WH Group Subsidiary Smithfield Foods Gears Up For $1B IPO In US: Report

The U.S.-based subsidiary of Hong Kong’s WH Group Ltd. (OTC:WHGLY), Smithfield Foods Inc., is reportedly gearing up for a U.S. initial public offering (IPO). The company has chosen Bank of America ...

Posted on 12/07/2024

Data Centre Operator Equinix Mulls Minority Stake Sale in Hong Kong Assets, Sources Say

Data Centre Operator Equinix Mulls Minority Stake Sale in Hong Kong Assets, Sources Say By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) - Global data centre operator Equinix is ...

Posted on 12/07/2024

Over 60% of Hong Kong elderly with children living abroad at ‘high risk’ of social isolation, survey finds

Over 60 per cent of Hong Kong’s elderly whose children had moved overseas were at “high risk” of social isolation, a survey has found amid an emigration wave. Feelings of loneliness among elderly ...

Posted on 12/07/2024

Hong Kong urged to allow ride-hailing services to fairly compete with taxis

Competition Commission says planned regulations on ride-hailing services should ‘encourage innovation’ and ‘provide strong incentives’.

Posted on 12/07/2024

‘No plans’ to require Hong Kong’s social workers to pledge allegiance, official says

Hong Kong had “no plans” to require social workers to swear allegiance to the government, the city’s labour and welfare minister has said after members of the industry’s licensing body took an oath ...

Posted on 12/07/2024

Smithfield Said to Pick Banks Including BofA, Goldman on IPO

Smithfield Foods Inc. has picked advisers including Bank of America Corp. and Goldman Sachs Group Inc. to work on an initial public offering in the US intending to raise at least $1 billion, according ...

Posted on 12/07/2024

Steady fund flows have bolstered Hong Kong’s asset, wealth hub status, SFC study finds

Chan said the figures showed that despite geopolitical tensions, investors still had confidence in the prospects of the mainland and Hong Kong markets. The net inflows mostly came from private banking ...

Posted on 12/07/2024

{Hot Stocks}HANG SENG BANK(00011) quoted at HK$102.9, up 3%

[ET Net News Agency, 12 July 2024] HANG SENG BANK (00011) rose 3% to HK$102.9, breaking above the 20-D SMA of HK$102.428. It hits an intra-day high of HK$102.9, and an intra-day low of HK$100.3. The ...

Posted on 12/07/2024

CK Asset Holdings: It’s Not About Hong Kong Anymore, Management’s Focus Seems To Have Shifted

More than three quarters of CHKGF's profits are sourced from Hong Kong property. Prices and transactions are dropping like a stone, and there is no bottom in sight. CK Asset Holdings Limited ...

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