Government is hoping to tap into wealthy Middle Eastern markets and diversify Hong Kong’s economy after three years of pandemic curbs and uneasy US-China ties.
Hong Kong’s retail sales rise by 5.6% in October amid tourism revival, but industry leader worries Christmas spending will suffer as residents head north
Provisional figures show sales reach HK$33.8 billion, for 11th consecutive month of improvement Hong Kong Retail Management Association's Annie Tse says operators concerned about business over ...
Tencent-Backed AI Drug Discovery Startup Xtalpi Files For Hong Kong IPO
Xtalpi, a Shenzhen-based company which uses artificial intelligence to find chemical compounds that could be developed into new drugs, has filed for an initial public offering in Hong Kong. Xtalpi did ...
China’s A-listers flock to Hong Kong for Pharrell Williams’ fashion show
Some of China’s most popular celebrities and K-drama stars gathered at Louis Vuitton’s first ever fashion show in Hong Kong, as the luxury brand seeks to boost business in the region. Designer ...
Spooked by a falling yuan, yield-seeking mainland Chinese scramble to buy insurance policies in Hong Kong
Sales of policies to mainland visitors hit HK$46.8 billion (US$6 billion) in the nine months to September, compared with HK$1 billion a year ago, according to data from the Insurance Authority.
Why Hong Kong is Becoming a Hotspot for Global FinTech Investments
Are you ready to dive into an electrifying world of finance and technology? Get ready as we unveil the secret behind Hong Kong’s meteoric rise in the global FinTech scene. Brace yourself for a ...
Hong Kong securities association proposes Initial Coin Offering (ICO) mechanism
The Hong Kong Securities and Futures Professional Association has put forth a surprising proposition to revitalize Hong Kong’s economy. In a document released on November 29, the association’s ...
Star Power: Inside Pharrell Williams’ Second Louis Vuitton Show in Hong Kong
The “pre-fall” men's collection lit up the Avenue of Stars, setting a tropical mood for your next summer holiday ...
Hong Kong a step closer to keeping stock and derivatives markets open during typhoons, issues consultation paper on ending shutdowns from July
Bourse operator HKEX has proposed keeping trading going during such adverse weather, a move that could enhance its revenue as well as bolster the government’s tax collections. The plan could come into ...
Hong Kong securities association suggests ICO to boost economy
Meanwhile, Hong Kong authorities are busy setting in place crypto regulations. In November, the local securities regulator laid down the business requirements for offering tokenized securities and ...
Singapore ties with Zurich as world’s most expensive city to live while Hong Kong slips one spot to fifth in latest EIU study
The city state took pole position for the ninth time in 11 years while Hong Kong slipped one notch to rank fifth among 173 countries, according to a study by the Economist Intelligence Unit (EIU).
Mainland China and Hong Kong condemn US committee over bill that could lead to shutdown of city’s representative offices in country
"Do not start any trouble, do not cross the line, use solid action to return to the correct path of promoting mutual trust and cooperation between China and the United States, and give up on ...
Hong Kong Oct Retail Sales up 5.6%, Helped by Inbound Tourism
HONG KONG (Reuters) - The continued revival of inbound tourism helped Hong Kong's retail sales notch up an 11th consecutive month of growth in October, though it was the slowest pace since December ...
Hong Kong stocks set for worst monthly losing streak in a year as manufacturing in China shrinks more than expected
Local stocks are headed for a fourth month of drop after an official report shows Chinese manufacturing contracted more than expected, underscoring concerns about the nation’s economic recovery ...