BILL Ackman’s revelation that he’s betting big on a collapse of Hong Kong’s pegged dollar will come across as contrarian to some in the market and mistimed to others.
Hong Kong Property Slump Reaches City’s Coveted Luxury Homes
Hong Kong, among the world’s least affordable property markets, is in a rare downturn and its extent can be seen in the stark impact on the city’s luxury real estate.
Police called after University of Hong Kong students put posters up on campus commemorating Xinjiang fire victims
Police receive call from HKU at around 6pm reporting two ‘suspicious’ people putting up posters near university’s railway station paying tribute to 10 people who died in fire in Urumqi last Thursday.
Egg tart germ exposure: mass transit blunder puts spotlight on iconic Hong Kong dessert, revives mystery of its origins
A bakery worker carrying unprotected tray-loads of Hong Kong’s iconic egg tart on the city’s busy mass transit rail system prompts social media storm and reignites mystery over the dessert’s origins.
Hedge-fund manager Bill Ackman says the Hong Kong dollar is his ‘big short’ right now
Hedge fund giant Bill Ackman tweeted Wednesday that his fund Pershing Square has "a large notional short position against the Hong Kong dollar" via put options ...
Joseph Zen, other Hong Kong pro-democracy protesters fined
Hong Kong Cardinal Joseph Zen, who was arrested in May in connection with anti-government protests, was fined more than $500 with five others for failing to register a protester relief fund as a ...
Hong Kong airport launches new third runway
Hong Kong’s airport has officially launched a new third runway which is expected to boost the city’s status as an aviation hub ...
Hong Kong Demand for British Visas Plunges in Latest Quarter
The number of Hong Kong residents applying for a path to UK citizenship fell 44% in the third quarter, showing that demand for the program is waning almost two years after it was created in response to China’s crackdown on dissent.
Hong Kong’s CSOP AM sets sights on South Korea’s retail ETF market
Hong Kong’s CSOP Asset Management is seeking approval from South Korea’s financial authorities to sell its exchange traded funds to the country’s retail investors, in a move that would see it become the first Chinese firm to step into the local ETF space.
Super-Rare Signal Suggests Hong Kong Stock Market Has Hit Rock Bottom
A stock-market indicator is flashing an extremely rare signal that suggests Hong Kong has hit the bottom after years of Covid restrictions, a tech industry crackdown and a property-market implosion in China.
Hong Kong finds 90-year-old cardinal guilty over pro-democracy protest fund
A 90-year-old former bishop and outspoken critic of China's ruling Communist Party was found guilty Friday on a charge relating to his role in a relief fund for Hong Kong's pro-democracy protests in ...
Hong Kong court convicts Cardinal Zen, 5 others over fund
A 90-year-old Catholic cardinal and five others in Hong Kong were fined after being found guilty Friday of failing to register a now-defunct fund that aimed to help people arrested in the widespread ...
Live news: Hong Kong courts convicts former Cardinal over activist support fund
A Hong Kong court has convicted Cardinal Joseph Zen, formerly the territory’s most senior Catholic cleric, over failing to register a now-defunct fund that supported activists during the city’s 2019 ...
Hong Kong Emigres Seek Milk Tea in Craving for Taste of Home
As tens of thousands leave Hong Kong for new lives abroad, many are craving a flavor from childhood that’s become a symbol of the city’s culture: the heavy, sweet milk tea served at diner-like ...