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Posted on 28/12/2023

China’s net gold imports via Hong Kong rise in November

CHINA’S net gold imports via Hong Kong rose about 37 per cent in November from the previous month, data showed on Thursday (Dec 28), as the world’s top consumer eased some import restrictions on the ...

Posted on 28/12/2023

Hong Kong may lose right to offer tax incentives to large corporations but its low tax rates on salaries, services still provide a draw, experts say

The global minimum tax regime to be implemented in Hong Kong in 2025 means the city can no longer offer tax incentives to big companies, but the entrepot will attract talent and businesses because of ...

Posted on 28/12/2023

Hong Kong property agents told to warn homebuyers of the risks of buying off-plan units in mainland China, overseas markets

Estate agents in Hong Kong have been told they must warn people eyeing houses in mainland China and overseas markets of the risks associated with buying off-plan, which include units left unfinished ...

Posted on 28/12/2023

Lawmaker appeals for tougher rules for virtual asset exchange shops after young people duped into suspected money-laundering of millions of Hong Kong dollars

Legislator Johnny Ng says he had heard of five or six suspected money-laundering cases involving young people in December alone Ng adds all involved people in their 20s suspected of using virtual ...

Posted on 28/12/2023

Hong Kong ‘steadfast’ in advancing Northern Metropolis project as driver for integrating with Greater Bay Area blueprint

Chief Secretary Eric Chan also pledges to get more enterprises in Shenzhen's Qianhai Cooperation Zone to expand overseas via Hong Kong Northern Metropolis is Hong Kong's plan to develop a ...

Posted on 28/12/2023

Three Hong Kong activists jailed up to six years for ‘terrorism’ bomb plot

Three Hong Kong activists have been jailed for up to six years for their involvement in a foiled plot to bomb public buildings. The trio were initially all charged with "conspiracy to commit terrorism ...

Posted on 28/12/2023

Teenager jailed for six years after admitting Hong Kong bomb plot

A Hong Kong man has been sentenced to six years in prison after pleading guilty to a terrorism charge under a Beijing-imposed national security law ...

Posted on 28/12/2023

Hong Kong stocks may reverse 34 months of decline in 2024 on likely Fed rate cut, China policy support: HSBC Jintrust

Hong Kong stocks could end their longest losing streak in 15 years, as US monetary policy easing boosts risk appetite and corporate earnings improve on China’s economic recovery, HSBC Jintrust says.

Posted on 28/12/2023

Hong Kong man jailed for 6 years after pleading guilty to a terrorism charge over a foiled bomb plot

A Hong Kong man has been sentenced to six years in prison after pleading guilty to a terrorism charge under a Beijing-imposed national security law ...

Posted on 28/12/2023

Hong Kong home prices fall to lowest since 2017 as rents rise

Expensive borrowing costs are discouraging homebuyers, prompting them to turn to renting. Read more at straitstimes.com.

Posted on 28/12/2023

Hong Kong’s property market won’t see a strong ‘V-shaped’ rebound, analyst says

Marcos Chan, head of research at CBRE Hong Kong, says demand for residential property will nevertheless pick up, and a "couple of percentage points up" in prices is possible.

Posted on 28/12/2023

Shares of semiconductor startup BaTeLab fall in Hong Kong trading debut

BaTeLab's shares fell in their trading debut in Hong Kong, sliding below their initial offering price in a lackluster start for the Chinese semiconductor company backed by electric-vehicle giant BYD.

Posted on 28/12/2023

Jailed, unseated, exiled: Hong Kong opposition party shuts its doors

Six lapel pins bearing the Civic Party's founding date are all Hong Kong veteran politician Alan Leong kept when the once-prominent opposition group cleared its headquarters and shuttered its doors ...

Posted on 28/12/2023

Hong Kong, Indian customs arrest 8 in joint crackdown on syndicate that laundered HK$500 million in bogus diamond trading scheme

Four businessmen, directors of five firms allegedly involved in money-laundering activities, were arrested in Hong Kong on December 18.

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