Hong Kong's economy grew by 3.1 percent in the second quarter, according to government estimates released Thursday, beating expectations, with strong exports buoyed by businesses racing to take ...
Hong Kong Economy Grows More Than Expected on Export Strength
Economic growth in Asia’s financial capital grew faster than expected in the second quarter, riding on strong exports as global companies frontloaded shipments to avoid tariffs.
Hong Kong GDP expands 3.1%, faster than forecast
Hong Kong's economy grew by a faster than expected 3.1% year-on-year in the second quarter, official advance estimates showed on Thursday, expanding for a 10th straight quarter on the back of strong ...
Hong Kong June retail sales rise 0.7%, up for 2nd straight month
Hong Kong's retail sales by value rose by 0.7% in June from a year earlier, the second consecutive month of gains, government data showed on Thursday.
Hong Kong central bank keeps key rate steady, tracking Fed
The Hong Kong Monetary Authority (HKMA) kept the base rate it charges via its overnight discount window unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady ...
Exchange Fund’s return hits a record US$24.7 bn as Hong Kong’s bull run bolsters war chest
The Exchange Fund’s first-half return grew 92 per cent from the HK$110.1 billion gain last year, the Hong Kong Monetary Authority (HKMA) said.
Mox Bank enters insurance with QBE tie-up in Hong Kong
The bank launched “Mox Insure,” its new insurance service platform, and unveiled an exclusive bancassurance partnership with QBE Hongkong & Shanghai Insurance Limited. The first offering under the ...
HSBC profit tumbles as China losses mount
HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese bank and Hong Kong real estate, while the bank pushed ahead with a global ...
Children of non-local talent must reside 2 years in Hong Kong for education benefits
Students under the age of 18 on dependent visas must live in the city for two years to be eligible for subsidised university degree programmes.
‘Silver economy’: Hong Kong’s boomers flock to Greater Bay Area to afford retirement homes
The retirement needs of Hong Kong’s baby boomers consist of three pillars: stable income, access to affordable and quality healthcare, and reasonably priced accommodation, according to the chief ...
Hong Kong leaves base rate unchanged at 4.75% as US Fed defies Trump’s rate-cut pressure
The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged in lockstep with the US Federal Reserve, after the American central bank said it needed more time and data to monitor the potential ...
Wuxi AppTec raises US$981 mn in Hong Kong offer amid growing appetite for Chinese biotech
WuxiAppTec raised HK$7.70 billion (US$981 million) in a sale of additional shares to fund its global expansion.
New Hong Kong report useful but investors will do their own research, experts say
Economist says government business report is a positive force to help the public understand the true situation in Hong Kong.
Hong Kong shows strong competitiveness, emerges with new strengths: report
As an important node in the domestic and international dual circulation of China, Hong Kong will continue to enhance regional and international cooperation. The region will actively participate in and ...