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Month: February 2025

Posted on 14/02/2025

Hong Kong’s financial chief shows cautious optimism about stock market

HONG KONG -- Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, on Thursday expressed cautious optimism about the Hong Kong stock market this year and ...

Posted on 14/02/2025

Hong Kong plans to ban substandard tiny apartments. Low-income families fear higher rents

Jimmy Au’s world shrinks to about the size of a parking space whenever she gets home. Her cramped Hong Kong home is one of four units carved out of what was once a single apartment. Most of the space ...

Posted on 14/02/2025

Move over Moo Deng! Hong Kong’s panda cubs are ready to go viral to get tourists back

Hong Kong bets on its baby pandas to boost its lackluster tourism industry and revive an economy that’s struggling to regain momentum.

Posted on 14/02/2025

DeepSeek’s disruption forces AI giants like Baidu, OpenAI to offer their chatbots for free

Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global developers following the surging popularity of startup DeepSeek’s models.

Posted on 14/02/2025

HSBC plans to unveil $1.5 billion of annual cost savings on February 19

HSBC said that it plans to wind down its M&A and some equities businesses in Europe and the Americas, accelerating a shift towards Asia in its biggest retrenchment from investment banking ...

Posted on 14/02/2025

HSBC to unveil $1.5bln of annual cost savings on February 19, FT reports

HSBC has been scaling back its worldwide footprint, exiting dozens of low-returning consumer banking activities, from France to Greece to Canada in the past few years ...

Posted on 14/02/2025

Hong Kong plans to relieve some but not all worst housing conditions

Housing is a sensitive issue in Hong Kong, one of the world's least affordable cities, where the government controls land supply and high property costs are the norm. A new government policy targets ...

Posted on 14/02/2025

Chinese stocks in Hong Kong near October high fueled by DeepSeek optimism

The Hang Seng China Enterprises Index rose as much as 2.7%, moving closer to surpassing its October high. Tech heavyweights Xiaomi Corp, Tencent Holdings ...

Posted on 14/02/2025

China issues US$8.2 billion in bills in Hong Kong to stabilise yuan amid trade tensions

Move is the latest in a series by China’s central bank that support Hong Kong’s status as a global hub for offshore yuan business.

Posted on 14/02/2025

Hong Kong stocks head for fifth winning week on gradual tariffs, DeepSeek trade

A measured US approach to reciprocal tariffs assuages investors as DeepSeek mania continues to power tech stocks.

Posted on 14/02/2025

Why some Hong Kongers live in homes smaller than a parking space, by the numbers

Landlords in Hong Kong, a city with a notoriously high cost of housing, have found they can make more money by dividing a flat into two or more units.

Posted on 14/02/2025

A crackdown on substandard homes leaves low-income Hong Kongers wondering where to go

Hong Kong plans to crack down on poor-quality subdivided flats are leaving many low-income residents uncertain about their future in one of the world’s most expensive housing markets.

Posted on 14/02/2025

How Hong Kong Can Seize the Mantle as Asia’s Crypto Hub

Which market offers the most favorable environment for virtual assets? This distinction remains highly contested, with various financial centers ...

Posted on 14/02/2025

NSFW Trailer for Sexy Hong Kong-Set Pic ‘Queerpanorama’ Released Ahead of Berlin Premiere (EXCLUSIVE)

Best Friend Forever has unveiled the steamy trailer for 'Queerpanorama,' directed by Hong Kong filmmaker Jun Li and set for a Berlinale Premiere.

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