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Month: December 2024

Posted on 04/12/2024

Profit Taking May Dent Hang Seng’s Upside On Wednesday

The Hong Kong stock market has climbed higher in three straight sessions, collecting almost 380 points or 2 percent along the way.

Posted on 04/12/2024

Hong Kong leader John Lee ‘confident’ that investors in government’s Northern Metropolis will see good returns

Chief Executive John Lee has said he is “confident” that investors in the government’s Northern Metropolis development project will see good returns, after the city’s business sector signed a letter ...

Posted on 04/12/2024

Lower land prices, civil service pay freeze among options to tackle Hong Kong deficit, experts say

The Hong Kong government could reduce land sale prices, improve the efficiency of 167,000 civil servants and temporarily freeze their pay as possible solutions to ease the HK$100 billion (HK$12.85 ...

Posted on 04/12/2024

Hong Kong eyes golden opportunities for retirees

Members of Project GrandMove, a program that trains retirees to become exercise instructors for the elderly led by the University of Hong Kong, pose on March 9 after a training session. [Photo ...

Posted on 04/12/2024

Hiker dies in Hong Kong hours after being attacked by stinging insects

A 60-year-old hiker has died in Hong Kong hours after he and three others were attacked by stinging insects in the Tai Po countryside. The four hikers – two men and two women – were exploring Pat Sin ...

Posted on 04/12/2024

Hong Kong’s Water World lost HK$200 million last financial year, Ocean Park chairman says

Lawmaker Michael Tien grills chairman Paulo Pong over deficit, calling for government to take over management of Water World facility.

Posted on 04/12/2024

Jimmy Lai says he opposed US decision to end Hong Kong’s special trade status

Any change to Hong Kong’s preferential trade status in the United States would be counterproductive, former media boss tells trial.

Posted on 04/12/2024

Itacho Sushi closes last Hong Kong branch months after founder’s death

Hong Kong restaurant chain Itacho Sushi has quietly shut down its last remaining outlet, with industry insiders saying the company had been suffering over the past decade and eventually buckled after the death of its founder.

Posted on 03/12/2024

Jimmy Lai clarifies stance against US revoking Hong Kong’s special trade status

Ex-media boss says measure stems from the ‘right impulse’, but will make city ‘more vulnerable’ to interference from Beijing.

Posted on 03/12/2024

Hong Kong to be extra cautious while tapping income sources to cut deficit gap: John Lee

Chief executive also says outlook of Hong Kong’s economy remains bright with Beijing’s policy backing and city’s initiatives to expand presence in new overseas markets.

Posted on 03/12/2024

Hong Kong-born conductor Elim Chan wants to shake up ‘dinosaur’ orchestras

The 38-year-old was the first woman to win the major Donatella Flick Conducting Competition in 2014. Read more at straitstimes.com.

Posted on 03/12/2024

Hong Kong’s ‘Emperor’s Home’ penthouse sold at 68% discount as distressed tycoons divest

We will continue seeing financially pressured owners offloading assets until interest rates come down substantially,’ analyst says ...

Posted on 03/12/2024

Hong Kong IPO Market to Rally Next Year, Mainland Listings to Stay Stable, Ernst & Young Says

(Yicai) Dec. 3 -- Hong Kong’s initial public offering market will rebound next year, and could return to the top tier of global rankings, while listings on the mainland stock markets will stay stable ...

Posted on 03/12/2024

HKMA’s Money Safe plan set to safeguard Hongkongers’ bank balances from fraud

Additional verification procedures will be necessary to transfer locked-up funds when banks roll out the optional tool next year.

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