Talents for in-demand roles can clinch salary increments as high as 30%. Hong Kong’s banking and financial industry will experience a further tightening job market in 2023 as the number of job ...
Morgan Stanley Says Buy the Dip After Hong Kong Stocks Slumped
Morgan Stanley sees Monday’s dive in the Hong Kong stock market as an “opportunity” and recommends investors buy the dip, as China’s economy recovers, relations between Beijing and Washington ...
Can Chinese stocks rally further? One investment bank thinks so — and names its top stock picks
The recovery in Chinese stocks gained steam on Monday, as China's benchmark index came within striking distance of a bull market. The CSI 300 Index, which tracks the largest mainland-listed stocks, ...
Asian Financial Forum ushers cooperation between Hong Kong investors and Philippine startups, businesses
Hong Kong’s Asian Financial Forum (AFF) concluded with a positive outlook, heralding more business opportunities and investments for Southeast Asian markets, the Philippines included.
Hong Kong spends $4.4b on temporary homes to ease crisis, long waits
Hong Kong aims to cut the waiting for public housing to 4.5 years from 5.6 years with the initiative. Read more at straitstimes.com.
Hong Kong Seeks to Revive Crypto Sector Wrecked by FTX Debacle
Hong Kong is sticking with a plan to become Asia’s digital-asset capital despite the industry’s tarnished reputation, a stance drawing tentative interest from bruised crypto firms looking for paths to ...
Golf Course or Housing? A Patch of Green Divides Hong Kong
The dispute over the city’s golf club exposes rare political friction for the elite in the new Hong Kong, where the establishment is torn between defending wealth and following Beijing’s wishes.
Hong Kong stocks sink after rapid new year rally while China’s onshore market enters bull territory on Goldman upgrade
Stocks in Hong Kong slumped amid overheating concerns after rapid gains this year. Chinese stocks entered bull-market territory before surrendering some of the gains in the post-Lunar holiday rally.
Hong Kong’s Exchange Fund posts record US$25.8 billion loss after an ‘exceptionally volatile’ year, HKMA says
The loss far surpasses the previous worst annual decline of US$9.6 billion in 2008 for the war chest that defends the Hong Kong dollar from attacks by short-sellers.
Hong Kong carriers forced to cancel 150 flights to Japan as country restricts number of planes arriving from city
Cathay Pacific and HK Express will each scrap up to 15 flights per week between February 3 and March 2 to comply with Japanese government’s restrictions.
Hong Kong’s Sovereign Wealth Fund Suffers Record Loss
Hong Kong's half-trillion-dollar investment fund set up to defend the financial hub's currency has suffered its largest loss on record of more than HK$200 billion ($25 billion), authorities said ...
Hong Kong’s ‘Dangerous Drug’ CBD Ban to Begin
In a starkly different approach from the U.S. and many other places around the world, Hong Kong moved to ban CBD and categorize it as a dangerous drug last October, and the ban begins on Wednesday.
Hong Kong’s Exchange Fund records HK$202.4 billion 2022 investment loss, outlook uncertain
HONG Kong’s Exchange Fund, which is used to back the Hong Kong dollar, reported an investment loss of HK$202.4 billion (S$33.9 billion) in 2022, the Hong Kong Monetary Authority (HKMA) said on Monday ...
Pandemic pushes digital banking in China, HK
Over the past 12 months, mobile banking apps and online banking were the most-used channels, across different age groups and asset levels, note two reports published by Bain & Company, namely "How to ...