Twelve Hong Kong banks, including note-issuing lenders HSBC, Standard Chartered and Bank of China (Hong Kong), will suspend all banking services on Saturdays starting this week and the next until ... ( read original story ...)
Cash-strapped small Hong Kong landlords to be offered interest-free loans as part of new government policy for delayed rent collection
Financial Secretary Paul Chan says authorities will offer small commercial property owners three months’ worth of rent on their tenants’ behalf, of up to HK$100,000. ( read original story ...)
Covid-19: 11 banks, including HSBC, Standard Chartered and BOCHK to suspend services on Saturdays
Eleven Hong Kong banks, including note-issuing lenders HSBC, Standard Chartered and Bank of China (Hong Kong), will suspend all banking services on Saturdays starting this week and the next until ... ( read original story ...)
Coronavirus: residents of Hong Kong’s subdivided flats forced to sleep on rooftops or streets after catching Covid-19
One construction worker and his wife camped on rooftop of their tenement building out of fear they would infect six other loved ones living in 200 sq ft unit ... ( read original story ...)
New World Development says lower income in Hong Kong under rent deferral plan will be offset by strong revenue in mainland China
Hong Kong property developer New World Development (NWD) said lower rent income following a government plan allowing small firms to defer payments for up to six months will be offset by strong revenue ... ( read original story ...)
Bank of America executive to leave Hong Kong in Covid exodus
Bank of America’s co-head of global capital markets in Asia-Pacific is leaving Hong Kong after less than two years as harsh pandemic restrictions prompt an exodus of ... ( read original story ...)
Coronavirus: Hong Kong finance chief Paul Chan to work from home after helper at official residence tests positive for Covid-19
Helper at the financial secretary's residence test preliminarily-positive, while swab tests on Chan, his family members and other workers returned negative results Spokesman says helper, who last ... ( read original story ...)
Hong Kong Virus Cases Set to Surge as Record Outbreak Worsens
Hong Kong is set to report almost 22,000 virus cases on Friday, local media said, as officials struggle to contain the city’s worst ever outbreak and residents prepare for mandatory mass testing next ... ( read original story ...)
Strong fiscal reserves reflect underlying strength of Hong Kong’s economy
KPMG welcomes the Hong Kong SAR government's budget (the "Budget") which will provide assistance to industries and individuals affected by the ongoing COVID-19 pandemic. Despite the forecasted budget ... ( read original story ...)
Chinese firm to build COVID facilities as Hong Kong infections spiral
HONG KONG (Reuters) -Hong Kong has contracted a Chinese firm to build eight isolation and treatment facilities to help fight a worsening COVID-19 outbreak, as the government said on Friday daily cases ... ( read original story ...)
Hong Kong’s First SPAC Wins Exchange Approval for IPO, Sources Say
A blank-check company backed by China Merchants Bank Co.’s overseas asset management arm has become the first to win approval for an initial public offering in Hong Kong, according to people familiar ... ( read original story ...)
Hong Kong budget: Paul Chan’s forecast of a quick recovery from Omicron is just not realistic
The financial secretary acknowledged the impact of the Omicron wave but expected a swift recovery in the rest of the year With a zero-Covid policy in place, can Hong Kong really reopen to the mainland ... ( read original story ...)
Hong Kong and Singapore virus response a tale of two very different cities
Rivals Singapore and Hong Kong have become pandemic polar opposites, the former opting to live with the coronavirus and reopen to the world while ... ( read original story ...)
Fourth Paradigm Tech refiles for Hong Kong IPO
Beijing Fourth Paradigm Technology Co, an artificial intelligence software developer, has resubmitted a draft IPO prospectus in Hong Kong after its initial application expired. The Sequoia ... ( read original story ...)