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Posted on 07/03/2024

Hong Kong property: Homebuyers flock to second flat sale at Henderson Land’s Belgravia Place

Homebuyers flocked to a second round of sales at Henderson Land Development’s Belgravia Place project on Thursday amid expectations that first-hand sales are likely to hit a 40-month high in March.

Posted on 07/03/2024

‘Seeing is believing’: Hong Kong launches ‘Financial Mega Event Week’ in major push to attract more foreign investors, business travellers

The mega event week reflects the Hong Kong government’s heightened efforts to buttress the city’s status as an international financial hub.

Posted on 07/03/2024

AI Takes Centre Stage at Lenovo Tech World Hong Kong

Lenovo surveyed 750 CIOs from 10 global markets in February 2024. The Hong Kong sample included 75 Hong Kong Chief Information Officers, 65% of whom work for organisations with more than US$100 ...

Posted on 07/03/2024

Hong Kong property agents expect more big-ticket foreclosures this year

Hong Kong's property agents expect more big-ticket foreclosures this year as landlords struggle to refinance, and that receivers will speed up sales after the city's recent measures aimed at ...

Posted on 07/03/2024

Hong Kong stock exchange poised to name Carlson Tong as new chair: sources

HONG Kong Exchanges and Clearing (HKEX) is set to name Carlson Tong its new chairman, sources with direct knowledge of the matter said, the most senior management change at the bourse damaged by ...

Posted on 07/03/2024

Hong Kong’s MTR Corp posts profits of HK$7.78 billion for last year, down 20.8%, as property development earnings fall 80.1%

Hong Kong’s MTR Corporation has posted profits of HK$7.78 billion (US$994.3 million) for last year, down 20.8 per cent from 2022 amid a sharp drop in gains from property development. CEO Jacob Kam ...

Posted on 07/03/2024

Beijing ‘actively considering’ raising Hong Kong’s duty-free shopping allowance for mainland Chinese tourists

Senior Beijing official also hints in meeting with NPC delegates that series of preferential policies to support city’s tourism would be proposed.

Posted on 07/03/2024

Hong Kong public institutions should use bank loans, own land rights to make ends meet, says finance chief

Financial Secretary Paul Chan urges institutions such as West Kowloon Cultural District Authority to look into different options to make ends meet.

Posted on 07/03/2024

Hong Kong needs to leverage strengths as financial centre and connector

City urged to draw on its "super roles" to raise capital, as well as to connect with and support investors and help the country become a financial powerhouse As the world focuses on how the ...

Posted on 07/03/2024

Hong Kong court affirms landmark sedition conviction for pro-democracy activist

Criticizing laws or chanting anti-government slogans can be enough to jail someone for sedition in Hong Kong, an appeal court ruled Thursday in a landmark case brought under a colonial-era law ...

Posted on 07/03/2024

Hong Kong judges dismiss appeal in sedition case for pro-democracy radio host

Three Hong Kong High Court judges on Thursday rejected an appeal by prominent pro-democracy activist Tam Tak-chi against his conviction and 40 month sentence for 11 sedition charges that his lawyer ...

Posted on 07/03/2024

JD.com Shares Rise In Hong Kong After Earnings Beat

JD.com shares rose sharply in Hong Kong after the e-commerce giant’s fourth-quarter results beat expectations and raised hopes for its outlook.

Posted on 07/03/2024

GreenTech in Hong Kong: hydrogen start-up H2 Solution to build city presence as springboard into overseas markets

“It is a good place for us to demonstrate successful application cases on which we can develop overseas business,” he said during the Hong Kong GreenTech Summit last week. “The Hong Kong government is ...

Posted on 07/03/2024

Wealthy clients turn to HSBC, Manulife, Bank of China amid heightened interest in Hong Kong’s cash-for-residency scheme

Financial firms flooded with inquiries after government started accepting applications under the revamped investment migration programme Applicants need to invest at least US$3.8 million in stocks, ...

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