The central bank’s pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city’s financial hub status.
Beijing’s US$3.2 trillion question: how much of China’s forex reserves go to Hong Kong?
The central bank's pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city's financial hub status China's central bank chief Pan Gongsheng promised to park more of ...
FWD HK, Bank SinoPac ink deal on bancassurance for HNW market
The partnership aims to enhance wealth growth and legacy planning. FWD Hong Kong entered into a long-term bancassurance partnership with Bank SinoPac, aimed at expanding its presence in high-net-worth ...
Hong Kong to join LME warehouse network to serve China’s appetite for metals
The London Metal Exchange (LME) on Monday added Hong Kong as one of its global warehouse locations to meet growing demand for the physical exchange of metals between mainland China and the rest of the ...
Hong Kong attracts a record high of inbound investments with 41% y-o-y increase in 2024: InvestHK
Invest Hong Kong (InvestHK) announced on Monday that it attracted a record high of direct investment from the Chinese mainland and overseas, reflecting the strong appeal of Hong Kong Special ...
Second Hong Kong man rescued from Southeast Asian scam farm: ex-politician
Hong Kong man has been rescued from Myanmar after being lured into forced illegal labour in Southeast Asia, according to a former district councillor who has been assisting victims. Andy Yu Tak-po ...
Chinese soda maker Dayao plans Hong Kong IPO to raise up to US$500 million
The Inner Mongolia-based maker of carbonated beverages, juices and protein drinks is working with advisers on the size and timing of the deal.
Hong Kong district councillor fined HK$1,000 for property tax form failure
A Hong Kong district councillor expressed regret on Monday after a court fined him HK$1,000 (US$128) over his failure to file a property tax return more than two years ago. Sky Li Tin-chi, 43, pleaded ...
HSBC, Standard Chartered, Bocom can now open mainland China accounts for Hongkongers
HSBC, Standard Chartered Bank, and Bank of Communications (Bocom) on Monday started helping Hongkongers open mainland bank accounts remotely, the latest move in a broader effort to make it easier for ...
Hong Kong chief justice admits difficulty hiring overseas amid tensions
Hong Kong’s top judge said geopolitical tensions are hampering the court’s ability to hire overseas judges, whose presence is a selling point for foreign companies in the Asian finance hub. Read more ...
Kore-eda Hirokazu, High-Profile Asian Filmmakers Back New Wave of Hong Kong HAF Projects
Renowned filmmakers including Kore-eda Hirokazu and Aditya Vikram Sengupta are backing emerging directors at Hong Kong's film financing forum.
Hong Kong’s Oct-Dec unemployment holds steady at 3.1%
Hong Kong's seasonally adjusted unemployment rate held steady at 3.1% in the October-December period versus the prior three-month period, the government said on Monday.
Hong Kong’s New World Development denies debt restructuring talks
Hong Kong property developer New World Development said on Monday it had not started any discussions with creditors regarding a proposal to restructure its existing debt. The embattled developer's ...
Hong Kong’s New World Development says not in debt restructuring talks
Hong Kong property developer New World Development said on Monday it had not commenced any discussions with creditors regarding a proposal to restructure its existing debt.