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Month: September 2024

Posted on 26/09/2024

There is no quick recovery from Hong Kong’s property slump

Hong Kong’s own succession drama is unfolding at a pivotal moment for the city’s property sector. Shares of New World Development, the developer owned by the billionaire Cheng family, were suspended ...

Posted on 26/09/2024

Hong Kong dethrones Singapore as Asia-Pacific’s top financial center

Hong Kong has surpassed Singapore to become the top financial center in the Asia-Pacific region and one of the top three globally, according to a new report.

Posted on 26/09/2024

Hong Kong’s New World Development suspends shares amid reports CEO to be replaced

Hong Kong's New World Development suspended trading of its shares on Thursday pending an announcement, after reports that CEO Adrian Cheng - the third-generation scion of the firm's founding family - ...

Posted on 26/09/2024

Tuition fees rise by 4.8% in Hong Kong’s semi-private schools amid operational cost hikes

Hong Kong’s semi-private schools have been given the green light to increase tuition fees by about 4.8 per cent on average, the most in five years. Fees on average will increase by 5.36 per cent at ...

Posted on 26/09/2024

Hong Kong welcomes new giant pandas gifted by Beijing, raising hopes for tourism boost

Hong Kong has welcomed a new pair of giant pandas gifted by Beijing, raising hopes for a boost to the city’s tourism ...

Posted on 26/09/2024

Hong Kong court to sentence 2 former Stand News editors in landmark sedition case

A Hong Kong court is set to sentence two former Stand News editors in a landmark sedition case that is widely seen as an indicator of media freedom in a city once known as a beacon of press freedom in ...

Posted on 26/09/2024

Panda pair arrive to VIP welcome in Hong Kong, as Beijing marks 75 years of communist China

Hong Kong will roll out the red carpet Thursday to receive two giant pandas gifted by the Chinese government to mark 75 years of Communist Party rule, part of a citywide push by authorities to deepen ...

Posted on 26/09/2024

Trading Halted In Hong Kong-listed New World Development

Share trading in property giant New World Development was suspended in Hong Kong on Thursday ahead of its earnings release later in the day amid reports its chief executive will step down and it will ...

Posted on 26/09/2024

Hong Kong’s street-shop vacancy stays high amid restaurant failures: Midland report

Restaurant, F&B shutdowns kept third-quarter vacancy rate at the highest level since September 2020, Midland report says.

Posted on 26/09/2024

Hong Kong launches second phase of CBDC pilot

Hong Kong’s de facto central bank has begun the second phase of its digital currency pilot scheme. The Hong Kong Monetary Authority (HKMA) said on September 23 that it had selected more than 20 firms ...

Posted on 26/09/2024

Hong Kong court to sentence two former editors found guilty of sedition in landmark case

A Hong Kong court is due to sentence two former editors on Thursday who have been found guilty of sedition after publishing articles about the national security crackdown in the city under China - a ...

Posted on 26/09/2024

Western media urged to stop telling ‘one-sided stories’ about Hong Kong, mainland China

Beijing is considering further easing mainland entry requirements for Hong Kong’s non-permanent residents, spokesman indicates.

Posted on 26/09/2024

Hong Kong investigates after part of Causeway Bay shore turns white

Hong Kong environmental authorities have launched an investigation after part of the shoreline in Causeway Bay turned a milky white, possibly due to a suspected illegal discharge of pollutants. But no ...

Posted on 26/09/2024

Hong Kong Editors Face Sedition Sentencing Amid Global Outcry

Chung Pui-kuen and Patrick Lam, former editors of Stand News in Hong Kong, await sentencing for sedition after publishing articles on the national security crackdown. Their conviction marks the first ...

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