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Posted on 25/08/2023

Hong Kong stocks drop, trimming weekly gain on mixed bag of corporate earnings, Fed rate policy outlook

Hong Kong stocks snapped a three-day rebound as earnings results from some industry bellwethers heightened concerns about their business outlook, while the US central bank retained a hawkish stance on ...

Posted on 25/08/2023

Hong Kong Shares Due For Profit Taking On Friday

The Hong Kong stock market has moved higher in three straight trading days, collecting almost 600 points or 3.3 percent along the ...

Posted on 25/08/2023

‘Shop till you drop’ is dead. Mainland Chinese tourists in Hong Kong chase Instagram-worthy photo opportunities

Business is booming at Hong Kong eatery Two Greens, a small Malaysian-Cantonese fusion restaurant in Mong Kok, and the place is often packed with mainland Chinese visitors. They h ...

Posted on 25/08/2023

Hong Kong Is Losing Its Fight to Repair Image as Shopping Heaven

Hong Kong has struggled to regain its appeal as a global retail paradise since the city reopened this year, underscoring the damage caused by years of isolation to its $360 billion economy.

Posted on 25/08/2023

The world should study China’s crushing of Hong Kong’s freedoms

“H ONG KONG is becoming less and less relevant,” says a Western diplomat in the city. On the face of it, that is an odd claim. Lots of foreign governments take Hong Kong seriously, noting each step of ...

Posted on 24/08/2023

Dubai’s luxury home prices sizzle while Hong Kong’s fizzle amid supply glut, high interest rates: Knight Frank

Tokyo occupies second place and Manila is third in a quarterly ranking compiled by the property consultancy, while Hong Kong falls one spot to 35th on the list.

Posted on 24/08/2023

HSBC expands venture debt offering to early-stage startups in US

HSBC said on Thursday it has expanded venture debt offering to early-stage startups through its U.S. innovation banking division.London-based HSBC has been catering to late-stage and mature firms ...

Posted on 24/08/2023

China’s tourism to grow faster than its GDP as people spend less on property, more on travel, Tongcheng executive says

People in China have switched from buying big-ticket items like flats and cars to experiential consumption, Tongcheng Travel CFO Fan Lei told the Post.

Posted on 24/08/2023

China central bank boosts offshore bill sales to stabilise yuan, says ex-official

Increased yuan bill sales by China's central bank in Hong Kong this week helped tighten liquidity in the offshore market to help stabilise the yuan by making it expensive for speculators to short the ...

Posted on 24/08/2023

Hong Kong Exports Fall Again, Weighing on Economy’s Outlook

Hong Kong’s exports fell again in July as waning global demand and China’s slowing recovery continue to weigh on the city’s economy.

Posted on 24/08/2023

Hong Kong’s Eastern Harbour Tunnel will begin using new HKeToll automatic payment system from Sunday, with drivers advised to plan ahead

Transport Department urges drivers to consider alternative routes on early Sunday morning, with tunnel to be closed between 4am and 5am.

Posted on 24/08/2023

Can Hong Kong bounce bank as a relocation destination?

With its COVID restrictions now a thing of the past, and a new wave of ambitious expats arriving to advance their careers and experience the city, can Hong Kong regain its footing as the vibrant expat ...

Posted on 24/08/2023

Hong Kong stocks rise for third day in longest winning run since July before Meituan, NetEase report earnings

Stronger earnings from WuXi Biologics, Construction Bank and AIA Group underpin confidence in earnings outlook, with Meituan and NetEase due to report today Hang Seng Index remains the ...

Posted on 24/08/2023

2 innovative startups that won RM580K+ from this Hong Kong incubator that’s now in M’sia too

Asia has become an innovation hub, with China leading in high-valued startups like ByteDance and DJI. Venture capitalists and startup incubators play vital roles in nurturing innovative startups, from ...

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