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 ...
Hong Kong policy address: stamp duty cut to enhance stocks appeal as city looks to end weather-induced market shutdowns
Hong Kong proposes to cut stamp duty on stock transactions, putting the city back among the cheapest venues for global investors. The government is also keen for HKEX to consider ending decades-old ...
Hong Kong policy address 2023: authorities to set aside HK$10 billion for emerging industries, offer to subsidise new production facilities
City leader John Lee unveils New Industrialisation Acceleration Scheme, set to launch next year, as part of efforts to promote I&T sectors.
Hong Kong slashes property stamp duty for citizens and foreign residents
Hong Kong took the brakes off its property market Wednesday, easing key duties on purchases implemented over a decade ago to cool the territory's red-hot real estate prices and prioritize local ...
China’s home appliance maker Midea Group applies for Hong Kong listing in what could be one of the biggest IPOs in recent history
Midea Group, the world’s biggest home appliances maker, has submitted plans to list its shares in Hong Kong after an initial public offering (IPO) which could be one of the biggest in recent history.
Before the Bell: Futures mixed, BoC rate annoucement on deck
On Wednesday, Canadian investors will get the Bank of Canada’s next policy announcement this morning. Markets are widely expecting the central bank to hold steady on borrowing costs after last week’s ...
Hong Kong Leader Says City Will Impose New Internal Security Law Next Year
Hong Kong’s leader says the semi-autonomous city will pass its own internal security law next year, four years after Beijing imposed its set of draconian laws on the financial hub. Chief Executive ...