All 10 economists polled by the Post predicted the prime rate will rise in 2023 by up to 1 percentage point, potentially taking borrowing costs to their highest level since 2007.
Tender Sale of Evergrande’s Hong Kong Headquarters Fails Again -Sources
A tender for the sale of embattled China Evergrande Group's headquarters in Hong Kong has lapsed again, two sources with knowledge of the matter said on Tuesday, because the offer prices and terms ...
Lenders fail to sell Evergrande’s Hong Kong headquarters by tender – sources
The tender sale of embattled China Evergrande Group's Hong Kong headquarters has lapsed again, two sources with knowledge said, because the offer prices and terms did not meet requirements.
Hong Kong aims to raise up to $5 bln in green bonds – sources
Hong Kong's government is aiming to raise up to the equivalent of $5 billion in a dollar, euro and offshore Chinese yuan green bond issuance, according to sources with direct knowledge of the matter.
Hong Kong to raise up to US$5b in green bonds: sources
HONG KONG aims to raise up to the equivalent of US$5 billion in a dollar, euro and offshore Chinese yuan green bond issuance, sources with direct knowledge of the matter said. Read more at The ...
Coronavirus: Hong Kong school heads call for delaying mandatory student trips to mainland China, cite planning challenges amid infections
In updated guidelines, Education Bureau says schools can resume study tours to mainland or overseas Secondary Five students are required to visit mainland as part of citizenship and social development ...
Hong Kong banks will raise their lending rates further in 2023 as Fed seeks to tame run-away US inflation, analysts say
All 10 economists polled by the Post predicted the prime rate will rise in 2023 by up to one percentage point If their forecasts are right, the prime rate could hit 6.875 per cent per annum, a level ...
South Korea to require COVID tests for Hong Kong, Macau travellers
South Korea's health authorities said on Tuesday it will impose mandatory COVID-19 tests on travellers from Hong Kong and Macau, after Beijing's decision to lift stringent zero-COVID policies.
Are Buildings in Hong Kong Designed with Holes Known as ‘Dragon Gates’?
Buildings in Hong Kong are designed with "dragon gates" in accordance with feng shui. Feng shui is a traditional Chinese practice of orienting one's physical surroundings in a balanced and harmonious ...
Top 6 Hong Kong IPOs to watch out for in 2023, as city tries to reclaim pole position in global fundraising
Ant Group, ByteDance, Syngenta, Amer Sports, FWD Group and Didi Global among the highly anticipated IPOs this year. Over 100 new listings are expected to raise around HK$200 billion (US$25.6 billion).
Hong Kong economy: 2022 was simply awful, will reopening border with mainland China make 2023 the turnaround year?
Hong Kong downgraded its full-year economic forecast from between 0.5 per cent growth and 0.5 per cent contraction to a 3.2 per cent drop amid an ongoing recession. T ...
Hong Kong ends Covid restrictions, masks still required in public
Apart from wearing masks Hong Kong is set to cancel all stringent Covid-19 restrictions including mandatory PCR tests for arrivals ...
Rising interest rates could fuel results for HSBC, global banks amid uncertain economic outlook
HSBC's profit expected to increase 7 per cent in 2022, surge 42 per cent to US$19.2 billion in 2023 Banks' creditworthiness to remain 'broadly stable' despite gloomy economic outlook: Moody's After a ...
New attractions, high hopes: Hong Kong Disneyland rolling out the red carpet for mainland Chinese visitors
Hong Kong Disneyland is hiring 600 frontline staff and has lined up a string of new features for visitors, as quarantine-free travel from mainland China appears imminent. Managing director Michael ...