The loss far surpasses the previous worst annual decline of US$9.6 billion in 2008 for the war chest that defends the Hong Kong dollar from attacks by short-sellers.
Patients behaving strangely: Hong Kong doctors report people chasing Covid antivirals, collecting for many ‘family members’
Some people in Hong Kong have been acting suspiciously to get their hands on Covid-19 antiviral drugs, the Post has learned, with one person going to six doctors in a single day asking for the same ...
Hong Kong airlines forced to cancel 150 flights to Japan as country restricts number of planes arriving from city
Cathay Pacific and HK Express will each scrap up to 15 flights per week between February 3 and March 2 to comply with Japanese government's restrictions Affected passengers can rebook or receive ...
Hong Kong Wealth Fund Posts $26 Billion Record Loss in 2022
Hong Kong’s wealth fund suffered a HK$202.4 billion ($25.8 billion) record loss in 2022, hurt by a selloff in stocks and bonds as interest rates rose.
UPDATE 1-Hong Kong’s Exchange Fund records HK$202.4 bln 2022 investment loss, outlook uncertain
Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, reported an investment loss of HK$202.4 billion ($25.8 billion) in 2022, the Hong Kong Monetary Authority (HKMA) said on Monday, ...
BOC seizes P23.8-M worth of smuggled refined sugar from Hong Kong
MANILA, Philippines — The Bureau of Customs (BOC) has seized over P23.8 million worth of smuggled refined sugar from Hong Kong at the Manila International Container Port (MICP) amid the agency ...
Hong Kong doctors report people chasing Covid antivirals ‘for family members’
Some people in Hong Kong have been acting suspiciously to get their hands on Covid-19 antiviral drugs, the Post has learned, with one person going to six doctors in a single day asking for the same ...
Coronavirus: Covid patients head for exits as Hong Kong ends mandatory isolation but shuttle bus drivers worry about infection risks
Dozens of patients take shuttle buses from Penny's Bay isolation centre to a drop-off point at Tsing Yi MTR station on Monday morning Hundreds were allowed to leave the camp after midnight when one of ...
Hong Kong: property agents share top tips for expats on how to strike the best rental deals in city
Expats should be open-minded and willing to compromise, say agents, with property typically smaller than in other markets.
Recent Developments on Hong Kong Virtual Assets Regulations
On 31 October 2022, alongside the commencement of the Hong Kong FinTech Week, the Hong Kong government announced its renewed ambition to make Hong Kong a digital assets hub with the Financial Services ...
Landsec sells London office property to Hong Kong developer for $432 mln
UK landlord Land Securities said on Friday it sold One New Street Square office property in London to Hong Kong-based Chinachem Group for 349.5 million pounds ($432.12 million), in tune with its ...
HSBC and Wunderman Thompson Hong Kong create AR ‘Wishing Tree for 7,000,000’
Growing on the success of last year’s "HSBC 1.23 Go Goal Day", HSBC and Wunderman Thompson Hong Kong have come together again to empower Hongkongers to move towards their goals this new year and open ...
Heads of int’l banks, business elites and SCMP chief join gov’t task force to promote Hong Kong reopening
Hong Kong Free Press. Banking chiefs, tycoons, entrepreneurs and the South China Morning Post’s editor-in-chief have joined a government task force to promote Hong Kong after ...
Unit of Hong Kong’s MTR launches start-up incubator with aim of reaching carbon neutrality by 2050
MTR Lab hopes to create an ecosystem for experimentation, not only in Hong Kong, but all around the globe within MTR's business scope, executive says The Co+Lab Initiative platform will seek out early ...