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Posted on 09/02/2024

Hong Kong stocks mark weak end to year of the rabbit

Hong Kong shares made a weak finish to the zodiac year in a session shortened by the festive break, with the absence of mainland buyers leaving the market to drift lower on Friday. ** At the early ...

Posted on 09/02/2024

Hong Kong homeowners face losses of nearly HK$10 million in second-hand market as price decline continues

In January, the secondary market saw 419 loss-making transactions, the highest since March 2023, including one transaction that lost HK$9.62 million (US$1.2 million).

Posted on 09/02/2024

New highs for Nikkei, Hong Kong limps to holiday break

Japanese shares hit 34-year highs on Friday and strong earnings had the S&P 500 at record close, while oil prices were set for a sharp weekly rise on Israel's rejection of a ceasefire offer from Hamas ...

Posted on 09/02/2024

The Ultimate Guide to Unlocking Your Fortune in Hong Kong

No Chinese New Year trip to Hong Kong is complete without a visit to the temple! The city is home to a myriad of historical temples, among which is the famed Man Mo Temple in Sheung Wan. Widely ...

Posted on 09/02/2024

Hong Kong marine tech start-up Clearbot launches new solar-powered, self-driving boats to clean up ocean waste in India

Clearbot’s latest fleet of self-driving electric boats will each be able to pick up 500kg of water-borne plastic and other rubbish when they are deployed in March. That is double the capacity of each ...

Posted on 09/02/2024

Hong Kong Shares May See Support On Friday

(RTTNews) - The Hong Kong stock market has finished lower in back-to-back sessions, slumping more than 250 points or 1.7 percent along the way. The Hang Seng Index now rests just beneath the ...

Posted on 09/02/2024

Goldman Gives Up Space in Hong Kong Tower Amid Office Slump

Goldman Sachs Group Inc. has given up some office space in Hong Kong, according to people familiar with the matter, the latest setback to the city’s commercial real estate market as global banks trim ...

Posted on 09/02/2024

Lionel Messi accused of ‘deliberate and calculated snub to Hong Kong’ after friendly absence

Lionel Messi’s absence from Inter Miami’s friendly in Hong Kong on Sunday has been labelled a “deliberate and calculate snub” after he played in Japan three days later. Messi remained on the bench for ...

Posted on 09/02/2024

Messi match organiser faces mounting pressure for refunds, as Hong Kong lawmaker threatens to take complaints to court

Lawmaker Bill Tang warns more than a dozen people ready to file complaints to court if Tatler Asia does not offer proper explanation over Messi’s failure to play.

Posted on 09/02/2024

Keeping It In The Family: How This Hong Kong Enterprise Helps Businesses In UAE

dedicated to promoting the brand image of 'Hong Kong Inc.' and curates high-level dialogues between strategic regions such as the Middle East, Greater Bay Area and Southeast Asia, so as to foster ...

Posted on 09/02/2024

Hong Kong authorities propose regulatory shake-up for over-the-counter virtual asset stores, with unlicensed outlets to risk 2-year jail term

Financial Services and the Treasury Bureau launches public consultation for proposed regulations covering over-the-counter traders, in bid to clamp down on crypto scams 'Nowadays we don't have any ...

Posted on 09/02/2024

Firm Loses HK$200 Million After Deepfake Video Meeting

Employees at a multinational company were duped into transferring HK$200 million (US$25.6 million) to local bank accounts after a deepfake video conference call.

Posted on 08/02/2024

Ben Thompson raring to go ahead of Hong Kong debut: ‘I’m pinching myself’

Lightweight Australian jockey Ben Thompson says it will be a “dream coming true” to ride in Hong Kong as he prepares for his first day at the races on ...

Posted on 08/02/2024

Hong Kong among first to propose crypto reserve requirements for banks aligned with new international standards

HKMA issues consultation paper on adopting reserve requirements for cryptoassets proposed by the Basel Committee in 2022 Rules require no changes for tokenised traditional assets at authorised ...

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