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Month: February 2025

Posted on 06/02/2025

Restaurants Eggslut, The Ark to shut Hong Kong outlets amid retail upheaval

Burger joint The Ark is closing its Russell Street outlet later this week and plans to relocate to Shenzhen to follow the shift in spending patterns.

Posted on 06/02/2025

Amazon and Temu’s owner sees stock-market pressure as U.S. Postal Service to stop accepting Chinese parcels

Shares of Amazon.com and PDD Holdings, the owner of popular Chinese shopping app Temu, fell on Wednesday after the U.S. Postal Service said it would stop accepting parcels from China and Hong Kong.

Posted on 06/02/2025

China, Hong Kong stocks rise as DeepSeek AI optimism lifts tech sector

DeepSeek’s breakthrough is driving renewed confidence in China’s AI sector and will remain a key market theme, analysts say.

Posted on 06/02/2025

USPS lifts suspension of parcels from Hong Kong and China, reversing decision from a day earlier

Cheap, direct postal service helps popular Chinese e-commerce platforms like Temu and Shein keep their costs low.

Posted on 06/02/2025

Hong Kong stocks gain after US reversal on package ban

The temporary freeze on inbound parcels had threatened companies such as Alibaba Group Holding, JD.com and SF Holding.

Posted on 06/02/2025

Hong Kong’s eight public universities amass nearly HK$140 billion in reserves

Finance chief Paul Chan earlier called on institutions to make better use of funds and expand their sources of income ...

Posted on 06/02/2025

Various sectors say Hong Kong’s economic outlook to remain positive in new year

Chong Tai Leung, an associate professor from the Chinese University of Hong Kong's Department of Economics, said that the recent performance of the Hong Kong property and stock markets has been good.

Posted on 06/02/2025

USPS says packages from China and Hong Kong will be accepted again after temporary suspension

The USPS halted an order to suspend incoming packages from China that threatened to severely disrupt trade between the two major economies.

Posted on 06/02/2025

US Postal Service flip-flops on Hong Kong-China packages, lifting a ban imposed a day earlier

The U.S. Postal Service is reversing course a day after placing a ban on all inbound packages from China and Hong Kong.

Posted on 06/02/2025

Your Hong Kong weekend food guide for February 7–9

Tuck into a Friday lunch buffet at Pier 7, check out La La on opening night, and relax with a Sunday afternoon tea set at The Murray.

Posted on 06/02/2025

Hong Kong Legislator Urges Bitcoin Reserve to Rival US, Seeks China’s Backing

China continues researching and leveraging blockchain nationally despite a “ban” on crypto. Sweeping U.S. stablecoin regulations and plans for a Bitcoin strategic reserve inspire other ...

Posted on 06/02/2025

USPS resumes shipments from China, Hong Kong after brief suspension

USPS briefly halted, then resumed mail and package acceptance from China and Hong Kong amid the new 10% tariff imposition.

Posted on 06/02/2025

US Postal Service restores delivery of incoming parcels from China and Hong Kong after briefly suspending them

The US Postal Service on Wednesday morning announced it will continue accepting incoming international parcels from China and Hong Kong — after saying late Tuesday night that it would suspend them.

Posted on 06/02/2025

USPS resumes shipment of China, Hong Kong packages hours after suspending them

The United States Postal Service said Wednesday it is resuming package mail from China and Hong Kong. Those mail shipments were suspended Tuesday night.

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