Hong Kong’s benchmark stock index is set to enter a correction as growing geopolitical concerns and doubts over the strength of China’s economy spur a rethink on the market’s outlook.
Hong Kong’s crypto hub plans win quiet backing from Beijing
Hong Kong rolled out the red carpet for crypto businesses to help revitalise the embattled financial hub. Signs are now emerging that the push has under-the-radar backing from Beijing, providing ...
Hong Kong budget 2023-24: after ‘Hello’, comes ‘Happy’ – finance chief to dish out consumption vouchers as part of drive but focus is on new growth engines
Financial Secretary Paul Chan expected to roll out consumer vouchers and raise taxes 'Happy Hong Kong' drive also to be announced, featuring collaborations with theme parks to boost local spending ...
Peter Thiel-Backed SPAC Weighs Merger With HK Fintech Hyphen, Sources Say
Bridgetown Holdings Ltd., the US-listed blank-check company backed by billionaires Peter Thiel and Richard Li, is considering a merger with financial technology firm Hyphen Group, according to people ...
Hong Kong Plans to Let Retail Sector Trade Larger Crypto Tokens Like Bitcoin
Hong Kong outlined a plan to let retail investors trade digital tokens like Bitcoin and Ether, taking a major step toward its goal of becoming a crypto hub in a policy shift that contrasts with a ...
Hong Kong banks hit by China property exposure
Hong Kong-listed banks have reported an increase in expected losses linked to their exposure to the ailing property sector in mainland China, despite a brighter overall earnings picture. HSBC Holdings ...
Scientist convicted of editing babies’ genes granted visa for Hong Kong
He Jiankui plans to conduct research at universities in territory despite criminal record for ‘illegal medical practices’ in China ...
Hong Kong in bid to become global centre for multi-trillion dollar green technology finance market and create new economic pillar post-Covid
Plan for city to become global green tech finance centre to be unveiled in Wednesday's budget with new task force to push proposal forward A separate task force will be established to boost city's ...
Scientist who gene-edited human babies is out of jail, trying to start a comeback
Hong Kong's visa scheme for top talent has attracted an infamous applicant: He Jiankui, the Chinese scientist who controversially edited human embryos in 2018.
Scientist behind gene-edited babies eyes work in Hong Kong
A Chinese scientist who set off an ethical debate five years ago with claims that he made the world’s first genetically edited babies says he hopes to research rare hereditary diseases in Hong Kong ...
Sino Land set to launch some 2,100 flats this year as it turns ‘cautiously optimistic’ on Hong Kong’s property market
Sino Land, which posted a 36 per cent decline in half-year profit, plans to launch nearly 2,100 flats, including about 640 in Lohas Park this year Efforts to attract global talent, a tapering of the ...
Profits jump at HSBC as it moves to fend off break-up calls from China
HSBC today moved to fend off pressure from one its biggest shareholders to break up the group and return chunks of cash to investors. Ping An, a Chinese financial group which has a long history with ...
Hong Kong hopes free air tickets revive tourism as fiscal deficit soars
With a huge bill racked up in its efforts to contain the COVID-19 pandemic, Hong Kong is under pressure to revive its struggling economy and restore investor confidence.
Hong Kong’s crypto ambition gets subtle nod from Beijing: Report
Beijing is reportedly giving quiet support to the special region of Hong Kong in its vision to become a cryptocurrency hub in Asia.