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Posted on 20/02/2024

Lantian Takes Swipe At IPO, But Slow Growth May Dampen Its Prospects

Lantian Group has filed to list in Hong Kong, reporting its profit rose 13.8% year-on-year in the first nine months of 2023 to 44 million yuan  The company is still a relative baby in China’s ...

Posted on 20/02/2024

Top Beijing official to gauge tycoons’ views on economy, meet legal professional bodies over Article 23 bill during Hong Kong visit, sources say

Xia Baolong, who heads revamped Hong Kong and Macau Affairs Office, will begin his six-day trip on Thursday, according to insiders His fact-finding visit comes at crucial time given concerns over ...

Posted on 20/02/2024

Hong Kong to continue capitalising on ‘dim sum’ bond and loan opportunities after offshore yuan debt grew exponentially in 2023, regulators say

Use of the yuan in cross-border trade and investment has been gaining traction in recent years, HKMA executive director Kenneth Hui tells Global Loan Market Summit 'Being the world's largest offshore ...

Posted on 20/02/2024

Lionel Messi says he had no ‘political reasons’ for missing Hong Kong match

Soccer star Lionel Messi said his failure to play in an exhibition game in Hong Kong had nothing to do with “political reasons” and that he has a “special relationship” with China, where officials ...

Posted on 20/02/2024

Spicy Food and Dental Implants: Low Prices Lure Hong Kongers to China

He said the company’s revenue doubled when the Hong Kong border opened last year. To get even more business, the clinic set up a stall near the Luohu Port border crossing. Employees are expected to ...

Posted on 20/02/2024

Messi Denies Hong Kong No-Show Was Political in Appeal to Chinese Fans

Messi’s absence in the game, and his participation in a match in Japan just days later, fueled speculation he was deliberately snubbing fans in Hong Kong and mainland China. The Global Times, a ...

Posted on 20/02/2024

China makes biggest-ever cut to key mortgage rate to bolster housing market

China’s central bank has cut its key mortgage reference rate by a record amount, as it ramps up efforts to stem a prolonged property crisis.

Posted on 20/02/2024

China slashes mortgage reference rates to revive property market

China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities sought to prop up the struggling property market and broader economy. The 25-basis point cut to the ...

Posted on 20/02/2024

China’s Point Man on Hong Kong to Visit the City, SCMP Reports

Beijing’s top official in charge of Hong Kong will travel to the financial hub this week to solicit views on a proposed domestic security law, the South China Morning Post reported.Most Read from ...

Posted on 20/02/2024

Hong Kong: Governments Should Oppose Security Bill

National governments should strongly oppose the Hong Kong government’s introduction of so-called Article 23 national security legislation, which will further devastate human rights protections in Hong ...

Posted on 20/02/2024

Hong Kong should bolster efforts to explain offences in national security proposal, Regina Ip says amid ‘significant concerns’ voiced by EU official about bill

Regina Ip echoes call by former city leader Leung Chun-ying to step up communication on coming legislation under Article 23 of Basic Law Thomas Gnocchi, head of city's EU Office, says he's concerned ...

Posted on 20/02/2024

Messi denies political snub was behind Hong Kong no-show

Lionel Messi denied his absence from a match in Hong Kong two weeks ago that angered China was a political snub, but was caused by an injury.Some nationalist politicians interpreted Messi's absence as ...

Posted on 20/02/2024

Mainland Chinese customers spent US$7.6 billion on Hong Kong insurance policies last year, but sales to fall as ‘pent-up’ demand fades: watchdog

Policy sales have been boosted by the reopening of the mainland border, a weakening yuan and the interest rate gap between China and the United States, the Insurance Authority says.

Posted on 20/02/2024

Former Bank of China chairman indicted for bribery in nation’s long-running anticorruption drive

The former chairman of the Bank of China has been indicted on bribery charges, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping’s ...

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