The Hong Kong numbers were also in contrast to official data showing that the People’s Bank of China extended its streak of central bank gold purchases to an eleventh straight month at end-September.
HSBC share price forms a worrying chart pattern ahead of earnings
HSBC (LON: HSBA) share price has pulled back in the past few weeks as investors remain concerned about its exposure to China. After peaking at 664p earlier this month, the stock has plunged by more ...
Hong Kong hopes a one-off $2500 check for new parents will help lift one of the developed world’s lowest birth rates
Families are having fewer children, if at all. Schools are closing due to a lack of students. And the city is still recovering from a years-long exodus of residents unhappy with political uncertainty ...
FII: Hong Kong firm ASPACE signs deal to build Saudi Arabia’s aerospace sector from scratch, to invest US$200 million
ASPACE Hong Kong Satellite Manufacturing Center, a subsidiary of Hong Kong Aerospace Technology Group, has signed an agreement with Saudi Arabia to develop satellites and will invest an initial amount ...
Hong Kong Exports Fall Again as Weak Demand Persists
Hong Kong’s exports in September fell again, extending their longest streak of monthly declines, as weak demand and China’s uncertain recovery continue to weigh on the financial hub.
Hong Kong cuts taxes for foreign home buyers, stock traders as it aims to keep status
Hong Kong’s leader has cut taxes for some homebuyers and stock traders to boost markets as the city seeks to maintain its reputation as a global financial hub ...
Hong Kong leaders cutting taxes
Hong Kong's leader on Wednesday cut taxes for some homebuyers and stock traders to boost markets as the city seeks to maintain its reputation as a global financial hub.
Hong Kong Exodus: The Tectonic Shift in Global Business Landscape
As the sun sets over the towering skyscrapers of Hong Kong, the silhouette of a once bustling international business hub fades into the twilight. The city, once a beacon of Western capitalism on the ...
Stellantis is teaming up with a Chinese startup to sell electric vehicles globally
Hong Kong (CNN) — Stellantis, home to brands such as Jeep and Chrysler, has become the latest global automaker to tie up with a Chinese startup as the electric vehicle (EV) race continues to heat up.
HSBC to Hold Board Meeting at End-Oct to Consider 3Q23 Earnings Release, Payment of 3rd Interim Div
HSBC HOLDINGS (00005.HK) announced that a meeting of a committee of the Board of Directors will be held on 30 October to consider the announcement of the earnings release for 3Q23 ... HSBC HOLDINGS ...
When it comes to the space economy, Hong Kong must reach for the stars
China has made great leaps into space but the industry is still not mainstream in the consciousness of Hong Kong's decision-makers, entrepreneurs and the public The city must get ready to seize the ...
Hong Kong policy address 2023: how do investors, entrepreneurs, struggling families and newlyweds grade John Lee’s promises?
Post dives into what the people most directly affected by the new policies – or lack of them – feel about the address ...
John Lee policy address 2023: record 410,000 new public flats in Hong Kong, shorter waiting time over next decade
Lee also announced measures to help Hongkongers from the lower-to-medium income group to buy second-hand subsidised homes by extending the mortgage default guarantee of subsidised flats from 30 to 50 ...
Hong Kong Cuts Stock, Housing Taxes to Revive Role as Hub
Hong Kong is slashing extra stamp duties for some homebuyers and reversing a pandemic-era increase in stock trade levies as officials seek to boost the beleaguered property sector and revive the ...