Category: FINANCE

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 ...)

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 ...)

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 ...)

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 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 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'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 ...)

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 ...)

The outlook for Hong Kong’s economy in the first quarter of 2022 does not appear to be optimistic as consumption-related sectors come under “intense pressure” during the fifth Covid-19 wave, the ... ( read original story ...)

Hong Kong's economy is expected to grow 2%-3.5% in real terms this year, the city's financial secretary said, as the Asian financial hub faces its ... ( read original story ...)

Hong Kong's economy is expected to grow 2.0per cent to 3.5per cent this year after expanding 6.4per cent in 2021, as social restrictions to tackle a growing COVID-19 outbreak are expected to curb ... ( read original story ...)

The following are highlights of Hong Kong's budget for the 2022/23 fiscal year starting in April. The budget was presented by Financial Secretary Paul Chan on Wednesday. KEY FIGURES * ... ( read original story ...)

Last week, we published a bonus edition of Next China midweek due to the torrent of Hong Kong news — and as we send this edition off, the city is presenting its budget. This week’s been no different ... ( read original story ...)

The Hang Seng Index (HSI) was established by the Hang Seng bank – which is itself one of the constituents of the index – in an effort to create the equivalent of a Dow Jones Index for Hong Kong. Its ... ( read original story ...)