Emerging market focus understandable given current geopolitical tensions, but city will still need traditional markets such as US and Europe, observers say.
‘Online lover’ swindles Hong Kong investment manager out of HK$12.8 million inheritance in 1 month through bogus cryptocurrency trading
Swindler, claiming to be a female cryptocurrency investment expert, developed a relationship with the man through the internet, police say Source says victim lost total of HK$12.8 million recently ...
Hong Kong stocks arrest two-day slide on mainland fund inflows as Fed terminal rate outlook caps advance
Local stocks chalk up marginal gains in early trading. Investors get a boost from China reopening story while concerns about the Fed’s tightening moves are seen reining in risk-taking.
Hong Kong private hospital to make deal with government to serve public patients in return for HK$4 billion loan repayment postponement
Chinese University's hospital has agreed to provide public healthcare services, hoping it can start paying off HK$4 billion loan in 2028 CEO says hospital would not have been able to continue ...
ChatGPT drives crazy Chinese tech stock runs in Hong Kong, Shanghai as investors chase Zhihu, Baidu and Cloudwalk
Zhihu has risen 55 per cent in Hong Kong this year, while Hanwang Tech and Cloudwalk logged more than 128 per cent gain on mainland exchanges ChatGPT has garnered 30 million view on Chinese ...
Hong Kong loses status as most attractive city in China for East Asian expats, falls several spots below Taipei in liveability ranking
Hong Kong was placed 92 in 2022 ranking of more than 500 cities by global human resources consultancy, falling several spots below Taipei.
Nickel Asia unit fined by BOC
NICKEL Asia Corp. (PSE: NKL) on Wednesday said it was slapped with a P100,000 fine by the Bureau of Customs (BOC) for loading nickel ores onto a marine vessel sans the necessary government permit. NKL ...
Hong Kong Police Disrupt International Phishing Syndicate
Hong Kong police and Interpol disrupted an international criminal operation that planted banking Trojans through SMS phishing messages that appeared to originate ...
Hong Kong loses status as most attractive city in Greater China for East Asian expats, falls several spots below Taipei in liveability ranking
Hong Kong was placed 92 in 2022 ranking of more than 500 cities by global human resources consultancy, falling several spots below Taipei Company behind survey says city's drop in listings partly due ...
Fed Chief Commentary Pressures Hong Kong Stock Market
The Hong Kong Hang Seng Index opened evenly Wednesday and wavered through trading, finishing off 0.1% after US Federal Reserve Chief Jerome Powell overnight said the central bank's fight on inflation ...
Hong Kong lawmakers approve light public housing scheme for 17,000 flats in first phase, but grill authorities over ‘poor costs communication and response to resident concerns’
Funding of HK$14.9 billion must still be secured from Legco Finance Committee Lawmakers also concerned if temporary homes can be reused to maximise worth in future Hong Kong lawmakers on Wednesday ...
Hong Kong’s Mox Bank launch time deposit products with up to 10% interest
New customers who open an account in February will avail an additional 9.7% time deposit rate. Hong Kong’s Mox Bank has launched new time deposit products alongside a time deposit promotion. Customers ...
Reasons to remain positive despite Hong Kong’s rise in negative equity
Cases are only a fraction of those seen during the Sars slump in 2003, and they should fall as Hong Kong reopens from Covid with more jobs being created Headline news about a big jump in negative home ...
Hong Kong stocks rebound as mainland funds buy, Baidu surges on ChatGPT rivalry while Goldman trims US recession odds
Local stocks halted a three-day slide as mainland Chinese funds turned net buyers for a second day. Goldman Sachs lowered the probability of a US recession in the next 12 months, citing faster growth ...