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Posted on 03/01/2025

Hong Kong’s Kai Tak Sports Park to host 10,000 during first trial of main stadium

Hong Kong’s Kai Tak Sports Park will host its first test event at its main stadium on Sunday with an expected turnout of 10,000 people, allowing venue staff to assess their crowd dispersal ...

Posted on 03/01/2025

Hong Kong gov’t reports suspected theft of documents containing personal data of 100 people

Hong Kong’s Food and Environmental Hygiene Department (FEHD) has reported a case of suspected theft involving document files that contained personal data of around 100 people who had filed complaints ...

Posted on 03/01/2025

Not a happy year: How Hong Kong’s rich and famous lost billions in 2024

Hong Kong's elite suffer massive property losses in 2024 as high-interest rates and a weak economy force fire-sale deals, with discounts up to 70 per cent on luxury assets ...

Posted on 03/01/2025

Hong Kong’s MTR Corp exploring new business model to meet HK$165 billion commitment – reports

Hong Kong’s MTR Corporation (MTRC) has been exploring ways to cut costs and diversify income streams as it seeks to fulfil an investment commitment amounting to HK$165 billion over the next decade, ...

Posted on 03/01/2025

Hong Kong police on the hunt after man slashed on back dies

Hong Kong police have launched a manhunt after a man who was found slashed on his back outside a public housing estate died. The force said on Friday that it received a report from a security guard at ...

Posted on 03/01/2025

Hong Kong stocks on course for steepest weekly decline in nearly 2 months

Hong Kong stocks were headed for their biggest weekly loss in almost two months, as investors moved away from risk to gear up for the uncertainty caused by a deflationary trend in China and the ...

Posted on 03/01/2025

Hong Kong retailers, hoteliers gloomy over Lunar New Year business prospects

Retail group also expresses business concerns ‘as people have been cautious about their spending’, but hopeful regarding mainland tourists.

Posted on 03/01/2025

Hong Kong Rail Operator MTR Mulls Bonds, Asset Sales: Ming Pao

Hong Kong’s MTR Corp. is considering raising funds through bond sales, among other options, to help bridge a projected shortfall in its spending needs over the next decade amid a slump in the city’s ...

Posted on 03/01/2025

Hong Kong IPO fundraising to hit HK$160 billion

Hong Kong’s initial public offering (IPO) market is recovering, and is expected to raise HK$130-160 billion (US$16.7-20.5 billion) in 2025, potentially ranking among the top three IPO venues globally, ...

Posted on 03/01/2025

HSBC HOLDINGS (00005.HK) Buys Back ~8.24M Shrs Ytd for $618M

Short selling $399.61M; Ratio 33.492% announced that it repurchased a total of 8.2389 million shares yesterday (2nd) in the UK and Hong Kong markets, involving a total of $618 million. Among them, ...

Posted on 03/01/2025

HSBC To Resume Foreign Currency Excess Withdrawal Fee from Feb

HSBC updated its fees for Wealth and Personal Banking business services, including the resumption of foreign currency cash withdrawal fees for excess withdrawals. HSBC informed customers that a fee of ...

Posted on 03/01/2025

Hong Kong’s MTR Corp ‘reinventing’ business model amid property market woes

Rail giant seeking 'new sources of income and ways to lower costs' to fulfil HK$165 billion financial commitment, Post learns Hong Kong's MTR Corporation is urgently "reinventing" its business model ...

Posted on 03/01/2025

Hong Kong developer cuts prices in Shau Kei Wan project as oversupply plagues market

New price list takes average price in the district to the lowest level since September 2016 for primary launches: Midland Realty data.

Posted on 03/01/2025

The individuals who made Hong Kong headlines in 2024

Vivian Kong Man-wai made history at the Paris 2024 Olympic Games, becoming the first woman to win gold in fencing for Team Hong Kong and the third Hongkonger in history to clinch Olympic gold. Cheung ...

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