Restaurant sector sales receipts for second quarter of year show a 2.1 per cent drop in business to HK$26.9 billion.
Hong Kong’s end-June ‘negative equity’ home loans steady, but could rise if slump persists
The number of mortgage holders with negative equity fell 5.5 per cent to 30,288 at the end of June, from 32,073 at the end of March, according to HKMA data.
Chinese President’s letter to Hong Kong entrepreneurs seen as boost, ‘special care’ for city
Hong Kong’s economy is under pressure from a grinding slowdown in China, the city’s main trading partner and source of tourism. The former British colony’s real estate sector has also been hit by high ...
Wealthy Hong Kong families sell mansions at losses amid property market downturn
Rich families in Hong Kong are selling their villas, mansions and other properties, accepting losses of millions of dollars, to pay debt as the local property market struggles.
Hong Kong’s ‘glass king’ of Biel Crystal snaps up Peak mansions in HK$1.1 billion sale
Yeung and Lam like the Plantation Road area as they spent HK$2.8 billion in 2017 on a plot of land along Pollock’s Path, adjacent to their latest purchases.
Bringing tech workers to Hong Kong not an option, Vietnamese IT outsourcing firm says
NTQ Apac rules out importing its Vietnamese staff, backbone of its IT operation, because of high living costs and language barrier.
5 of the best things to do this weekend August 3-4 in Hong Kong, from cat expo to movies
There is plenty to do this weekend – feline fans can hit the Cat Expo in Wan Chai, MTR enthusiasts an exhibition in Wong Chuk Hang, and those looking to escape the heat an ice rink in Discovery Bay.
Hongkong Land net loss expands 150% amid weak sales of mainland China projects
Hongkong Land owns and manages more than 850,000 square metres (9.1 million sq ft) of prime office and luxury retail property in Asian cities including Hong Kong, Singapore, Beijing and Jakarta. It ...
Hong Kong’s Fencing Olympian Cheung returns home to rapturous cheers
HONG KONG, Aug 2 (Reuters) - Hong Kong's Cheung Ka-long's was greeted on Friday at the city's airport by hundreds of fans and journalists keen to get a glimpse of the gold medal winner who finished ...
Hong Kong officials issue 5,000 fire safety warnings after scanning 700 high-risk buildings
Hong Kong authorities have issued more than 5,000 fire safety warnings after inspecting around 700 high-risk old buildings that were identified after a deadly blaze broke out in an ageing residential ...
Xi’s Letter to Hong Kong Entrepreneurs Seen as Boost for City
(Bloomberg) -- President Xi Jinping called on Hong Kong entrepreneurs to boost China’s development in a letter the financial hub’s business community welcomed as a sign of encouragement. Most Read ...
Hong Kong police cut off 2 alleged phone fraud syndicates said to have scammed HK$26.5 million
Hong Kong police have cut off two alleged phone fraud syndicates said to have scammed people out of HK$26.5 million (US$3.4 million) and arrested 17 people. The force said on Thursday that 12 of those ...
Hong Kong slams ‘misleading’ Forbes article calling city’s economy ‘risky’
City authorities reject ‘misleading’ article which cites report by ’anti-China’ Committee for Freedom in Hong Kong Foundation.
Olympics-Fencing-Champion Kong still in a daze on Hong Kong return
Fresh off the plane from Paris on Thursday, Hong Kong's newly crowned Olympic fencing champion Vivian Kong was still immersed in her victory.The 30-year-old won her first Olympic gold in a hard-earned ...