Executive Council grants Hong Kong Cable Television, also known as Cable TV, permission to cease operations on June 1 Company says it plans to expand further into the local free-to-air TV market, ...
Hong Kong’s John Lee Shrugs Off Investors’ Concerns Over National Security Terms In Land Sales
The government has recently added a warning to its land sale and short-term lease tender documents which states that potential buyers could be disqualified if they or their parent companies engage in ...
Hong Kong’s League of Social Democrats urges HK$10k cash handouts, opposes ‘white elephant’ development projects
The LSD’s calls for handouts echoed those of other political parties, including the Democratic Alliance for the Betterment and Progress of Hong Kong and the Business and Professionals Alliance for ...
Amid merger and bankruptcy in the West, lidar maker Hesai nails $190M IPO
A rank of Chinese tech companies has delisted from the U.S. or sought secondary listings in Hong Kong as they get caught in rising tensions between the two major economies. Hesai is not immune from ...
Hong Kong Shares Start With Small Gains
Hong Kong stocks opened slightly higher Tuesday morning following a strong lead from Wall Street ahead of key US inflation data later in the day.
Beijing eases meeting rule for US top diplomat in Hong Kong
Beijing has dropped a requirement for the United States consul general to secure China’s approval before meeting officials in the semi-autonomous Chinese city of Hong Kong ...
Hong Kong leader John Lee shrugs off concerns over slump in property stocks, says security clauses in land sales documents not an issue
Chief Executive John Lee says government has been selling land as usual since the clauses were put in place in November He says representatives of the property sector have indicated they support the ...
Hong Kong stocks approach 6-week low amid capital flight as traders await US inflation report
Hong Kong stocks weakened, approaching a six-week low amid concerns about capital flight from the city’s financial markets while traders await the latest US inflation report that may sway the Federal ...
Hong Kong makes first currency market intervention of 2023, sells US$538 million to support local dollar amid capital flight
HKMA buys HK$4.22 billion and sells equal amount of US dollars to bolster exchange rate, keep currency within trading band Intervention follows a 25-basis points increase in the key US rate by the ...
Hong Kong must seize opportunities with Middle Eastern investors eyeing mainland China market, top banker says
Standard Chartered's Benjamin Hung says senior executives of sovereign wealth funds he met last week all agreed assets allocated to China 'could be increased' China, with its partially closed capital ...
Hong Kong-based Prestige Wealth downsizes US IPO to $9M from $15M
Hong Kong-based wealth and asset management firm Prestige Wealth has downsized its proposed US initial public offering to $9M from $15M. Prestige Wealth said that it intends to of ...
Hong Kong Dollar Hits Weak End of Band, HKMA Intervenes For First Time Since November
Hong Kong bought local dollars to defend its peg to the greenback for the first time since November, as a slump in bank borrowing costs made shorting the city’s currency a popular trade.Most Read from ...
Hong Kong adds security law clauses to land sales, property stocks drop
Hong Kong's Lands Department has added national security clauses to all land sale and short-term lease tender documents in the Asian financial hub, the Development Bureau said on Monday, confirming an ...
Hong Kong property developers dismiss investor confidence fears over national security law clauses in land sale documents
Land tender documents found to have clauses to warn potential buyers of disqualification for national security breaches But real estate association says no objections registered from members and move ...