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Category: BUSINESS

Posted on 02/01/2024

Hong Kong stocks make a dismal start to 2024 after China PMI report hints at sustained economic weakness

There was no respite for Hong Kong stocks on the first day of trading in 2024 following four years of declines, after latest PMI data showed factory activity in the world’s second largest economy ...

Posted on 02/01/2024

Hong Kong home prices to erode another 10% in 2024 as impact of expected interest-rate cuts will take time: Citigroup

It will take time for interest-rate cuts to impact the Hong Kong economy,' analyst says The bank expects the Fed to start cutting interest rates in July and reduce them by 1 per cent this year Hong ...

Posted on 02/01/2024

China and Hong Kong shares suffer a dismal start to 2024

HONG KONG -- China and Hong Kong markets opened lower on their first trading day of 2024, having ended 2023 as two of the year's worst performers and amid lingering concerns over Beijing's crackdown ...

Posted on 02/01/2024

Hong Kong activist publisher Jimmy Lai pleads not guilty to sedition charges

Prominent activist and publisher Jimmy Lai on Tuesday pleaded not guilty to three charges of sedition and collusion with foreign countries in a landmark national security trial in Hong Kong ...

Posted on 02/01/2024

Hong Kong Stocks Start Year With Steep Loss

Hong Kong stocks sank Tuesday on a disappointing return from the New Year break as worries about the Chinese economy trumped hopes for a series of Federal Reserve interest rate cuts in 2024.

Posted on 02/01/2024

Hong Kong’s IPO market to stabilise amid listing reforms and lower interest rates, PwC says

Hong Kong’s listing reforms include easier rules to help connect specialist tech companies with global capital. Fundraising in the city is expected to cross US$12.8 billion this year.

Posted on 02/01/2024

Hong Kong activist publisher Jimmy Lai pleads not guilty to sedition and collusion charges

Prominent activist and publisher Jimmy Lai on Tuesday pleaded not guilty to three charges of sedition and collusion with foreign countries in a landmark national security trial in Hong Kong.

Posted on 02/01/2024

Hong Kong tycoon Jimmy Lai pleads not guilty to national security crimes

Hong Kong pro-democracy tycoon Jimmy Lai pleaded not guilty Tuesday to "sedition" and "collusion" charges in a high-profile national security trial that could see him jailed for life.The latter two ...

Posted on 02/01/2024

FWD HK sees Q3’23 new business climb 25% YoY

FWD Hong Kong’s new business count leaped 25% year-on-year during the third quarter of 2023, surpassing the industry average of 15% YoY. FWD attributed its performance to their focus on the local ...

Posted on 02/01/2024

Budget retailer Miniso eyes maximum impact from flagship brand store in Hong Kong after record results in 2023

Chinese budget retailer Miniso is opening its ‘brand representative store’ in Tsim Sha Tsui later this month to gain more exposure for the brand as consumption patterns change, chief marketing officer ...

Posted on 02/01/2024

Rising liveability doesn’t herald Hong Kong’s return to pre-Covid normal

The intent of Hong Kong’s leaders to bring back the vibrancy of business in the city is not in doubt. The question is whether Hong Kong will return to the kind of normality that prevailed before the ...

Posted on 02/01/2024

Hongkong Land: Watch New CEO Appointment And Share Repurchases

Discover why Michael Smith is the perfect CEO for Hongkong Land, and how their focus on share buybacks and undervaluation makes the stock a worthy investment.

Posted on 01/01/2024

Hong Kong just stepped into 2024. From high-level national security trials to a citywide recycling push, here’s what to expect

The new year will see the high-profile trials of media tycoon Jimmy Lai and opposition figures, as the city presses on with pandemic recovery amid economic headwinds Hongkongers may also find out if ...

Posted on 01/01/2024

Hong Kong CEOs plan to tap wealth management, ESG opportunities in Greater Bay Area in 2024, survey finds

Hong Kong’s business community is set to turbocharge plans to capitalise on the city’s initiatives to be one of the world’s top wealth centres and talent hubs, while eyeing growth in the wider bay ...

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