Omicron surge throws football season into doubt as Hong Kong extends lockdown There are eight teams in the BOC Premier League this season but so far only four rounds out of a total 14 have been ... ( read original story ...)
Rainy days and a ‘listening ear’: did Hong Kong’s finance chief deliver in his budget address?
For Chan, there had been no lack of critical challenges since becoming financial secretary in January 2017, with the city going through several economic and political upheavals. But the current ... ( read original story ...)
Hong Kong’s Wealth Creation: Outlook Depends On Omicron Containment
After two years of recession, Hong Kong’s economy heated up last year, and growth is expected to continue this year—albeit at a slower pace. ( read original story ...)
Budget 2022-2023: Hong Kong is mulling allowing listings by large pre-profit or pre-revenue start-ups, Financial Secretary Paul Chan says
The proposals could be seen as an extension of the listing reforms introduced in 2018, which allowed technology firms with multiple classes of voting rights and pre-revenue biotechnology firms to list ... ( read original story ...)
Budget 2022-23: Hong Kong finance chief hits multinationals and local owners of pricey properties with more taxes
From 2023-24, residential property owners will be able to apply for tax rebates for one self-occupied home only. ( read original story ...)
Hong Kong to give out spending vouchers as Covid cases hit record level
Hong Kong launched a new round of financial handouts as the city struggles to contain China’s biggest outbreak of coronavirus since the start of the pandemic, even as economists warned the city’s zero ... ( read original story ...)
H.K. Toughens Mask Mandate; HSBC Bankers Grounded: Virus Update
Hong Kong will expand mask-wearing to all public places, including in parks and during outdoor exercise, as its latest outbreak worsens. Londoners, by contrast, will no longer be required to wear face ... ( read original story ...)
Hong Kong’s rents deferment plan for certain SMEs only a short-term solution, industry observers say
The government should clarify whether rents could be paid in instalments after the deferral period, if business continued to be bad, industry body executive says HSBC and Hang Seng Bank vow to help ... ( read original story ...)
HSBC Will Temporarily Shut Down Its Hong Kong Branches from 5 March
Hong Kong is suffering from severe rise of covid-19 infections. Major banks in the country announced that they will temporarily close from 5 March, ... ( read original story ...)
Here are the Winning and Losing Shares From Hong Kong’s Budget
Hong Kong’s retailers and financial firms may benefit from the city’s annual budget, which includes pandemic relief measures like consumption vouchers and more investment schemes to connect with the ... ( read original story ...)
In full: Hong Kong Budget 2022
Financial Secretary Paul Chan has delivered the 2022 Hong Kong budget. HKFP’s coverage in full: ・HK$10,000 consumption vouchers for all ・Gov’t pledges over HK$54b to fight Covid-19 ‘on all fronts and ... ( read original story ...)
HSBC Shuts More H.K. Branches, Plans to Close All on Saturdays
HSBC Holdings Plc said it will be closing all of its retail branches in Hong Kong temporarily on Saturdays starting from March 5 as the Asian financial hub scrambles to contain its worst wave of Covid ... ( read original story ...)
Hong Kong unveils US$22 billion Budget to offer COVID-19 relief with tax breaks, handouts
Hong Kong will offer tax breaks, handouts and subsidies to small businesses and residents, to mitigate the impact of a new wave of social restrictions to curb COVID-19 infections, Finance Secretary ... ( read original story ...)
Hong Kong Unveils $22 Bn Budget For Virus Plagued Economy
Hong Kong's finance chief on Wednesday unveiled a costly HK$170 billion ($21.79 billion) budget, including tax breaks and consumer spending vouchers, as the city reels under its worst coronavirus ... ( read original story ...)