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Category: BUSINESS

Posted on 15/02/2023

China Stocks in Hong Kong Head for Correction as Selloff Extends

The HSCEI measure rallied since the start of November as China’s dismantling of its ... Wednesday into the financial system to meet a rapid rebound in loan demand. Hong Kong’s benchmark Hang Seng ...

Posted on 15/02/2023

Uniqlo to give Hong Kong staff a pay rise of up to 24 per cent, signalling retail labour market is tight as tourists return

GU also plans to hire more but it did not give a precise figure. The Hong Kong General Chamber of Commerce, the largest business group of the city, in January predicted that the local retailing sector ...

Posted on 15/02/2023

CRYPTO AM SPOTLIGHT: Bison Bank and its crypto assets subsidiary – Bison Digital Assets

Fully owned by the Hong Kong-based Bison Capital Holding Company Limited trough ... Previously, Mr Moradas served clients from financial services and other industries as consultant at Mckinsey & Co ...

Posted on 15/02/2023

Hong Kong’s top pro-democracy figures set to stand trial Monday

Pro-democracy activist Joshua Wong arrives at a court in Hong Kong on Oct. 15, 2020. Authorities in Hong Kong said 29 out of 47 pro-democracy activists charged with “conspiracy to commit ...

Posted on 15/02/2023

Hong Kong hopes to raise US$102 mln from digital green bonds debut: Bloomberg

The Hong Kong government is looking to raise US$102 million through the pilot issuance of its digital green bonds, according to a Monday report from Bloomberg.

Posted on 15/02/2023

Illegal refuelling stations on the rise in Hong Kong, authorities say, after crackdown nets HK$600,000 worth of diesel and tanks at 7 sites

Diesel seized rose to 380,000 litres last year, up from 180,000 litres in 2021, says Raymond Wong, assistant division officer at Fire Services Department Industry insider blames uptick in illicit ...

Posted on 14/02/2023

Hong Kong’s League of Social Democrats urges HK$10k cash handouts, opposes ‘white elephant’ development projects

The LSD’s calls for handouts echoed those of other political parties, including the Democratic Alliance for the Betterment and Progress of Hong Kong and the Business and Professionals Alliance for ...

Posted on 14/02/2023

Hong Kong Shares Start With Small Gains

Hong Kong stocks opened slightly higher Tuesday morning following a strong lead from Wall Street ahead of key US inflation data later in the day.

Posted on 14/02/2023

Hong Kong must seize opportunities with Middle Eastern investors eyeing mainland China market, top banker says

Standard Chartered's Benjamin Hung says senior executives of sovereign wealth funds he met last week all agreed assets allocated to China 'could be increased' China, with its partially closed capital ...

Posted on 13/02/2023

DBS Bank to offer cryptocurrency trading in Hong Kong

Singapore state-owned megabank DBS Group wants to expand its crypto platform to Hong Kong as the Chinese territory pushes to become a digital asset hub.

Posted on 12/02/2023

What a gem: tiny Hong Kong jade shop continues to sparkle as family business battles global turbulence to keep its sheen

In 2020, jade exports from Hong Kong surged to more than US$140 million making the city a globally renowned trading centre The city has been a hub for the importation, processing and finishing of the ...

Posted on 12/02/2023

Wanted: Top mainland Chinese workers in six fields can get talent visas for Hong Kong, Macau from February 20

Talented professionals in science, health and other fields in the Greater Bay Area (GBA) will be eligible for multiple-entry visas to Hong Kong and Macau from February 20, in a push for more ...

Posted on 12/02/2023

The Hong Kong government must break its habit of relying on property developers

Hong Kong has a long history of public-private partnerships to speed up development, with land premiums and stamp duty major sources of government revenue But the government must rethink the balance ...

Posted on 11/02/2023

Hong Kong to mark Valentine’s Day with few Covid curbs left, but will business bloom for florists and other vendors?

Business owner Grace Chiu Sze-nga will hold a Valentine's ... He added: "Everyone hopes that Valentine's will be the beginning of better times for Hong Kong's F&B industry and the difficult 2022 will ...

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