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Month: October 2024

Posted on 10/10/2024

Following Tencent’s lead, smaller listed companies band together to grow in Hong Kong

The Hong Kong Small and Medium Listed Companies Association is a non-profit industry body formed by a group of businesspeople who wanted to provide more robust information and support to small and ...

Posted on 10/10/2024

2 Hong Kong security guards fired after Mannings customer manhandled for ‘shoplifting’

Mannings says two plain-clothes store detectives were employed by security company, which has now had its contract terminated.

Posted on 09/10/2024

2024 HKGFA Annual Forum – Financing Asia’s Net Zero Transition

Hong Kong Green Finance Association ("HKGFA") hosted its Seventh Annual Forum in Hong Kong today, with the theme "Financing Asia's Net Zero Transition." Over 1,500 participants from Hong Kong, ...

Posted on 09/10/2024

Hong Kong Shares Fall; Markets Await Details on China Fiscal Measures

The Hang Seng closed 1.4% lower after a choppy trading session, with investors now focused on the Chinese finance ministry’s media briefing on Saturday for further fiscal measures.

Posted on 09/10/2024

Hong Kong’s economic woes are killing off chains. Which ones have shut in recent years?

CR Care and Garrett Popcorn Shops join growing list of chains exiting market or closing down, as retail and dining landscape transforms.

Posted on 09/10/2024

China’s stock rally hits speed bump as investors await more stimulus

SHANGHAI/SINGAPORE (Reuters) -Chinese stocks tumbled on Wednesday alongside their Hong Kong peers, as investors sought to profit from a blistering rally, which was dampened by the lack of powerful stimulus measures to revive the economy.

Posted on 09/10/2024

HSBC appoints Global Chief Investment Officer and Head of Investments for Global Insurance

HSBC has appointed William Chan as Global Chief Investment Officer and Head of Investments for Global Insurance with immediate effect.

Posted on 09/10/2024

China Finance Ministry Calls Press Briefing, Firing Up Stimulus Hopes

China’s finance ministry is set to hold a media briefing Saturday, reigniting expectations that Beijing is readying fiscal stimulus to boost the economy.

Posted on 09/10/2024

Would ending Hong Kong liquor tax, delaying shisha ban and extending MTR hours help bars?

Hong Kong Bar and Club Association urges measures to help revitalise industry amid growing trend of cross-border spending.

Posted on 09/10/2024

Over 80% of Hong Kong construction workers say jobs affected by import of non-local labourers, union survey finds

A majority of Hong Kong construction workers said their employment had been affected by a government scheme to import non-local labourers, according to a survey conducted by a union. Hong Kong ...

Posted on 09/10/2024

Hong Kong Stocks Fall Most Since 2008 as China Stimulus Trade Fizzles

China is back to work after the fall "Golden Week" holiday, and the sheen is coming off a recent market rally. A briefing from the country's top economic planner, the National Development and Reform ...

Posted on 09/10/2024

Hong Kong building firms owe HK$290 million in unpaid wages, subcontractor fees, union says

Hong Kong Construction Industry Employees General Union says HK$70 million is owed in unpaid wages and benefits.

Posted on 09/10/2024

Yen for Hong Kong: Japanese tourists are returning in droves, but for how long?

Japanese tourist arrivals to Hong Kong are up 106 per cent so far this year, but industry analysts say the weak yen threatens further growth.

Posted on 09/10/2024

Hong Kong consumers struggle with bills and loans despite rising incomes, TransUnion says

Rising incomes in Hong Kong are not easing financial stress, with 25 per cent of people unable to pay bills fully.

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