Hong Kong’s Mandatory Provident Fund (MPF), the compulsory retirement scheme that covers 4.7 million members in the city, reported its best first-quarter result in four years. The 413 investment funds ...
Will Hainan’s Duty-free Plan Threaten Hong Kong’s Status As China’s Shopping Mecca?
Hainan announced it will operate independently from China Customs after 2025. What impact will this have on Chinese luxury and travel retail?
China, Hong Kong stocks fall as Sino-U.S. tensions intensify
SHANGHAI, April 6 (Reuters) - China and Hong Kong stocks fell on Thursday as simmering Sino-U.S. tensions offset fresh evidence of economic recovery, but a sustained rally in artificial intelligence ...
Hong Kong stocks waver ahead of Easter break as traders digest geopolitical risk, China economic data
Hong Kong stocks traded close to a four-week high before the long ... The reappearance of Alibaba’s founder Jack Ma has also raised optimism that Beijing will pivot to a more pro-business stance on ...
Man arrested by Hong Kong national security police for allegedly assisting fraud group linked to ‘extremist gang’
Hong Kong’s national security police have arrested a man accused of helping a group of fraudsters allegedly linked to “a local extremist gang” – an apparent reference to a self-proclaimed ...
Hong Kong raises the bar on crypto regulation – Why?
Hong Kong’s Securities and Futures Commission (SFC) has set the standards for Virtual Asset Service Providers (VASPs) “incredibly high.” The SFC wants the crypto industry to match the same compliance ...
Hong Kong online brokerage TOP Financial stock sinks 26%
Shares of Hong Kong-based online brokerage TOP Financial (NASDAQ:TOP) tumbled 26% in afternoon trading Wednesday. TOP shares opened at $6.70, hitting a high of $7.20 in late morning trading before ...
Luxury villa on Hong Kong’s The Peak up for tender, could fetch as much as US$122.5 million
However, Hong Kong's major lenders did not follow suit. HSBC and Bank of China (Hong Kong) kept their best lending rates unchanged at 5.625 per cent, while Standard Chartered kept its prime rate ...
HK’s BEA shares decarbonisation and sustainable development efforts in 2022
The bank was able to cut operational emissions by 29.7%. The Bank of East Asia has reaffirmed its commitment to reach net zero emissions in its operations by 2030 and its financed activities by 2050, ...
MTR Lab, Cyberport invest in Hong Kong logistics start-up alfred24 that offers sustainable delivery solutions
Hong Kong-based logistics technology start-up alfred24 has been chosen as the first investee of a collaboration between MTR Lab and tech hub Cyberport to nurture digital and sustainable solutions in ...
Embattled Chinese property developer Evergrande said it’s reached a restructuring deal with offshore creditors
Embattled Chinese property developer Evergrande on Tuesday said it's reached a restructuring deal with creditors that should allow it to resume operations.
How will Hong Kong react to the Gay Games: Support or suppression?
The Gay Games, an annual global sport and cultural event that promotes gender and sexual diversity, will begin in Hong Kong in November this year. After postponing it for one year thanks to ...
HONG KONG SEVENS BACK AS RUGBY LOVERS CHEER IN HONG KONG STADIUM
As Hong Kong returns to the international stage, Hong Kong Sevens was finally back in the Asian world city in full swing from March 31 to April 2. According to Hong Kong Tourism Board in a statement, ...
Hong Kong restaurateurs, hoteliers predict slow business for Easter break as residents depart for more exotic locales
Hotel and catering industry leaders in Hong Kong are predicting slow business over the Easter long weekend, pointing to a surge in the number of residents heading overseas and the holiday not being ...