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Month: September 2024

Posted on 25/09/2024

Asia-Pacific markets largely range-bound; Hong Kong’s Hang Seng jumps more than 2%

Hong Kong's Hang Seng index extended its rally and climbed 2.6% on the back of stimulus measures from China. Australia's consumer price index posted a 2.7% rise year on year in August, in line with ...

Posted on 25/09/2024

Hong Kong climbs to third in global financial centres index, tops Asia-Pacific region

Hong Kong advanced to third place in the latest Global Financial Centres Index, up one spot from its previous ranking, reaffirming its position as a leading global financial hub.

Posted on 25/09/2024

Want to fly private with a pet or eat hotpot on a jet? This Hong Kong firm has you covered

Vivien Lau, newly appointed CEO of Hong Kong Business Aviation Centre, says it will offer more tailor-made services to cash in on market.

Posted on 25/09/2024

Hong Kong editors who face prison in sedition case told court about journalistic ideals

Two former top editors of Hong Kong’s defunct online media Stand News will learn their sentences Thursday after a landmark sedition verdict.

Posted on 25/09/2024

Asia-Pacific markets rangebound; Hong Kong’s Hang Seng poised to rise 4% at open

Futures for Hong Kong's Hang Seng Index signal a 4% rise for the index at open. HSI futures were at 19,763, compared to the index's last close of 19,000. Investors will also be watching Australia's ...

Posted on 25/09/2024

China, Hong Kong stocks jump as aggressive stimulus boosts sentiment

China and Hong Kong stocks rallied broadly for a second day on Wednesday as investors basked in the afterglow of a wide-ranging stimulus package announced in the previous day. In early trade, China's ...

Posted on 25/09/2024

HSBC to extend US$641 million in pre-approved loans to aid Hong Kong SMEs

Initiative aims to ease access to capital for entrepreneurs who are looking to invest at the beginning of a rate-cut cycle.

Posted on 25/09/2024

Hong Kong Plans to Cut Tax on Spirits in Bid to Revive Nightlife

Hong Kong is planning to lower the amount of tax it levies on spirits, according to people familiar with the matter, as the Asian financial center seeks to regain its edge as a premier destination for ...

Posted on 25/09/2024

Asia-Pacific markets set for mixed open; Hong Kong’s Hang Seng poised to rise 4%

Investors in Asia will look toward Australia's inflation rate for August, which is expected to ease to 2.7% from 3.5%.

Posted on 25/09/2024

Hong Kong Rents Near Record High on Demand From Students, Expats

Hong Kong’s rents are poised to reach a record high, buoyed by an influx of mainland Chinese and foreign nationals to the city.

Posted on 25/09/2024

Hong Kong: Academic Freedom Declines Under Security Law

Academic freedom in Hong Kong has severely declined since the Chinese government imposed the draconian National Security Law on the city on June 30, 2020, Human Rights Watch and Hong Kong Democracy ...

Posted on 25/09/2024

The time the luxury home of Hong Kong’s top cop was robbed by 2 men posing as telephone technicians

In 1990, a duo of robbers threatened commissioner Li Kwan-ha’s wife and tied up their maid before fleeing the couple’s luxury home atop The Peak with HK$50,000 in Rolex watches, jewellery and cash ...

Posted on 25/09/2024

Hong Kong academic freedom under assault in name of security, report says

HONG KONG -- Academic freedom has sharply declined in Hong Kong in the four years since Beijing imposed a draconian national security legislation on the city, a new report from Human Rights Watch and ...

Posted on 25/09/2024

Scholars of William Louey are paying-it-forward 30 years after the Hong Kong philanthropist started funding higher education.

Hong Kong businessman and philanthropist William Louey always intended to create a multiplier effect with his philanthropy. 30 years after he

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