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Posted on 31/05/2023

Singapore surpasses Hong Kong as Asia-Pacific’s most expensive housing market in price and rent

Private residential property in Singapore has surpassed Hong Kong as the most expensive in the Asia-Pacific region in terms of absolute prices, according to a report by the Urban Land Institute (ULI).

Posted on 31/05/2023

Hong Kong market enters bear territory as China manufacturing decline erodes investor faith in economic recovery

Hong Kong stocks tumbled into bear-market territory after a government report showed manufacturing in China continues to contract, sparking renewed concerns over the nation’s wobbly economic recovery.

Posted on 31/05/2023

How HSBC’s China battle threatens to ‘heat right back up’

HSBC executives have been reassured by senior figures in China and Hong Kong that the dispute is viewed as commercial, not political — they take comfort from the fact that it has won additional ...

Posted on 31/05/2023

Green finance: Hong Kong should pick the more stringent China, EU yardsticks for defining climate-friendly projects, says think tank

Hong Kong should adopt the more stringent criteria from those used by China and the European Union for defining green and climate mitigation projects to bolster its position as an international ...

Posted on 31/05/2023

Hong Kong and UAE central banks collab on crypto rules, fintech development

Crypto regulations and collaboration on fintech initiatives were among the key points discussed between the central banks of the United Arab Emirates and Hong Kong.

Posted on 31/05/2023

China Fintech Unicorn B2B No.1 Foreign Trade Financial Platform XTransfer Officially Set Foot in Hong Kong

XTransfer, China No.1 B2B foreign trade financial platform*, successfully held its inaugural "B2B Trade Digitization" foreign trade seminar at the InterContinental Grand Stanford Hotel Hong Kong. The ...

Posted on 31/05/2023

Hong Kong consumption vouchers: second instalment coming from July 16, says finance chief Paul Chan, adding long-term scheme ‘difficult’

Finance chief Paul Chan says more large-scale public activities under ‘Happy Hong Kong’ campaign planned to help latest round of vouchers go further.

Posted on 31/05/2023

Exclusive-Credit Suisse Aborts China Bank Plan to Avoid Regulatory Conflict Under UBS-Sources

Credit Suisse had been planning over the last few years to set up a wholly owned local bank in China that would have boosted its presence in the country by allowing it to set up its own branch network ...

Posted on 31/05/2023

Hong Kong stocks enter bear market territory as China reopening optimism continues to fade

The Hang Seng index is 20% below its recent peak – a stark contrast to the reopening optimism that had once driven Asia-Pacific's benchmark index to a bull market.

Posted on 31/05/2023

Uyghur student not missing in Hong Kong – Amnesty

Rights group Amnesty International has corrected its report alleging an Uyghur student went missing from Hong Kong airport, saying he is "accounted for". "Abuduwaili Abudureheman... told us he did not ...

Posted on 31/05/2023

Hong Kong renovation saga: all you need to know about modifying your flat and how to do it safely and legally

A video posted online showing a renovated flat led to an investigation into the modifications Homeowners should make sure they know which renovations need government approval Sharp-eyed internet ...

Posted on 31/05/2023

Hong Kong’s most comprehensive historical book was published back in 1957. It’s time for a new one

With Hong Kong at a crossroads, the time is ripe for another book providing broad-ranging insight into the city, a feat not attempted since 1957’s comprehensive history work Hong Kong Business ...

Posted on 31/05/2023

Hong Kong Shares May See Renewed Consolidation

The Hong Kong stock market on Wednesday snapped the four-day losing streak in which it had slumped almost 1,230 points or 6 percent.

Posted on 31/05/2023

Uyghur student did not go missing in Hong Kong after being interrogated at airport, rights group says

Uyghur student Abuduwaili Abudureheman who was previously reported missing in Hong Kong following interrogations at the city’s airport said he did not travel to the area.

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