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Posted on 07/11/2023

Hong Kong economy to grow by 3-4% this year on slower-than-expected recovery in tourism and trade, finance chief warns

Financial Secretary Paul Chan says ongoing weakness in exports and fewer tourists in city have affected economy Chinese Vice-Premier He Lifeng tells high-powered summit that Hong Kong has Beijing's ...

Posted on 07/11/2023

China vows to ‘go all out’ to highlight Hong Kong’s role as key link between mainland and rest of the world

China's financial officials promised to "go all out" to highlight Hong Kong's "unique advantages" as Asia's financial powerhouse and as the mainland's link to the rest of the world. "Hong Kong has ...

Posted on 07/11/2023

Chinese leaders defend state of economy at global finance summit in Hong Kong

A trio of senior Chinese officials used a financial summit in Hong Kong on Tuesday to defend the state of the world’s second largest economy, telling Wall Street’s top executives that there was little ...

Posted on 07/11/2023

Wall Street CEOs Flocked to Hong Kong—and Kept Quiet on China

U.S. bankers, in the city for a conference, said almost nothing about mainland China—and even less about the geopolitical tensions that have made their jobs harder.

Posted on 07/11/2023

Banking chiefs say market vulnerable to ‘geopolitical escalation’, regulatory push

By Selena Li HONG KONG (Reuters) -Top global banking chiefs on Tuesday said they are concerned the financial sector's next crisis may come from rising geopolitical uncertainty which could test ...

Posted on 07/11/2023

Hong Kong IPO: WuXi Biologics to spin off contract research, manufacturing unit via US$520 million deal in biotech push

WuXi XDC, a 60 per cent-owned unit of WuXi Biologics, could raise as much as US$520 million, including excess share allotment, based on the top end of its IPO price range.

Posted on 07/11/2023

Hong Kong cuts back on alcohol, as Gen Z helps push booze-free movement

DISTILLED fig, liquid beetroot and cherry juice. Green apple and lapsang souchong with a touch of dashi. Read more at The Business Times.

Posted on 07/11/2023

HSBC CEO says wealth flow from mainland China to Hong Kong up 3-4 times this year

HSBC Group CEO Noel Quinn on Tuesday said wealth flow from mainland China to Hong Kong has grown by three to four times this year.Speaking at the Global Financial Leaders Investment Summit hosted by ...

Posted on 07/11/2023

120 years of SCMP: Hong Kong’s property, finance, ESG and technology through pens and strokes of our journalists

Peggy Sito, Enoch Yiu, Eric Ng and Bien Perez are among the longest-serving veterans at the South China Morning Post With more than a century of experience between them, their stories recount Hong ...

Posted on 07/11/2023

Wall Street Bosses in Hong Kong See Financial Dangers Everywhere

Fragile markets, shadow lenders, international tensions and too many wars — global bankers gathering in Hong Kong were meant to discuss how they’re adapting to the financial world’s “complexity” and ...

Posted on 07/11/2023

Hong Kong district council election: 2 polling stations set for border town to help locals living in mainland China vote

Government says it will turn two schools near Sheung Shui MTR station into polling sites for December 10 vote Move marks end of arrangement used in 2021 Legislative Council election that allowed ...

Posted on 07/11/2023

HSBC chief executive says wealth flow from mainland China to Hong Kong up 3 to 4 times this year

HSBC Group chief executive Noel Quinn said Tuesday wealth flow from mainland China to Hong Kong has grown by three to four times this year.

Posted on 07/11/2023

Hong Kong faces tough task to resettle residents of Instagrammable housing estate, waiting times for public flats potentially affected by move: lawmaker, concern group

Housing chief Winnie Ho says resettlement is 'difficult', but does not confirm whether rainbow-coloured Choi Hung Estate will be redeveloped after sources revealed plan Federation of Public Housing ...

Posted on 07/11/2023

Huawei Cloud’s flagship startup competition expands to Hong Kong

The expansion of the tech giant's accelerator programme into Hong Kong is a strategic move aimed at supporting the thriving tech ecosystem in the region.

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