US-based internet media company Yahoo has announced the launch of a series of Metaverse projects in Hong Kong just one day after Meta Platforms, announced plans for virtual tech in the island city as ... ( read original story ...)
In These New Textbooks, Hong Kong Was Never a British Colony
The books are part of China’s effort to instill a particular historical narrative and to stress patriotic education in a city where a pro-democracy movement was crushed. ( read original story ...)
Hong Kong braces for capital outflow after 75-basis point base rate increase in lockstep with US Federal Reserve
Hong Kong's financial secretary and de facto central banker both said the city's banking system has enough liquidity even if they brace for capital outflows The city's commercial banks are keeping ... ( read original story ...)
Bank of China HK dishes out sponsorship support for HK Palance Museum to promote Chinese culture
The Hong Kong Palace Museum (HKPM), which is set to open on 2 July 2022, has partnered with Bank of China Hong Kong (BOCHK). HKPM will launch a series of arts and cultural activities supported by ... ( read original story ...)
Hong Kong Cuts Isolation Period for Handover Events, SCMP Says
Top Hong Kong officials will only do a three-day hotel quarantine ahead of the city’s July 1 celebrations, according to the South China Morning Post, casting fresh doubt over President Xi Jinping’s ... ( read original story ...)
Senior state officials laud ‘one country, two systems’ policy for Hong Kong, voice confidence in city’s prosperity and ‘quality democracy’
Huang Liuquan, HKMAO deputy director, says anyone betting on demise of city has 'never won' Huang and Liu Guangyuan, commissioner of the Chinese foreign ministry's office in Hong Kong, spoke at ... ( read original story ...)
Credit Suisse Loses Hong Kong Investment Bankers
Turnover is on the rise at Hong Kong’s investment banks amid a soured market outlook with Credit Suisse being the latest to see exits, finews.asia has learned. ( read original story ...)
HSBC leaves best lending rate unchanged at 5% despite c.bank hike
HSBC Holdings said on Thursday it will leave its best lending rate unchanged in Hong Kong at 5% despite the city's central bank raising the base rate. ( read original story ...)
Hong Kong Central Bank Raises Rate By 75 Bps
The Hong Kong Monetary Authority raised its base rate by 75 basis points after the rate hike decision of the U.S. Federal Reserve. ( read original story ...)
Dreaming big in a crisis: Hong Kong risk-takers didn’t let pandemic stop them starting, growing new enterprises
And in 2020, GoGoVan was renamed GoGoX to reflect its diversification to providing other services such as express delivery, home relocations and business services in Hong Kong, mainland China, Vietnam ... ( read original story ...)
Asian markets mostly rise after Fed’s rate hike; Hong Kong slips
Asian stocks mostly rose Thursday after the Fed got tough on inflation with its biggest rate hike since 1994. But the Hong Kong market slipped after the city hiked its interest rates following the Fed ... ( read original story ...)
HSBC Buys back Over 3.17M Shrs in HK, London Ytd for $160M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1756 million shares in London and Hong Kong yesterday (15th), involving a total of approximately HKD160 million. HSBC ... ( read original story ...)
HK rate hikes to drive down housing prices
Rising interest rates in Hong Kong are pushing up costs for homeowners and threatening to drive down prices in the world’s most expensive housing market. With the US Federal Reserve (Fed) hiking rates ... ( read original story ...)
(HKSAR 25) 25 years on, Hong Kong SAR shines brighter with world-beating performance
Photo taken on July 14, 2020 shows the Golden Bauhinia Square in south China's Hong Kong. (Xinhua/Wu Xiaochu) Editor's note: On July 1, 1997, China resumed the exercise of sovereignty over Hong Kong ... ( read original story ...)