Hong Kong stocks fell on Friday and were set for their sharpest weekly decline since March as hawkish comments by U.S. Federal Reserve Chair Jerome Powell dampened market sentiment.
Hong Kong stocks lead Asian markets lower with near 2% drop as central bank hikes rattle investors
Asian shares sank sharply Friday after several central banks around the world cranked interest rates higher in their fight against inflation.
Hong Kong police arrest 3 more suspects in connection with BYD vandalism attacks
Source familiar with case says three Hong Kong residents include alleged Wo Shing Wo triad leader known as ‘Temple Street Long’.
Hong Kong’s Cathay Pacific Forecasts First-half Profit
Hong Kong flag carrier Cathay Pacific on Friday predicted a return to profitability in the first half of 2023 as it benefits from rising travel demand following the relaxation of strict Covid ...
Hong Kong stocks slump in worst sell-off since mid-March as central banks tighten policy, China outlook worsens
March, undoing the rally in the three preceding weeks. Concerns about global inflation and China’s economic slowdown are sapping risk appetite.
Hong Kong’s Cathay Pacific expects to deliver profit for first half of 2023, helped by ‘strong rebound’, one-off gain from reducing Air China stake
Our cash flow has continued to improve,' chief customer and commercial officer says Group will log one-off gain, estimated to be HK$1.9 billion, after reducing its stake in Air China from 18.13 per cent to 16.26 per cent Hong Kong's Cathay Pacific Airways ...
Hong Kong Bourse Due For Support On Friday
Ahead of Thursday's holiday for the Dragon Boat Festival, the Hong Kong stock market had finished lower in three straight sessions, ...
Focus on Hong Kong’s working conditions, not number of workers, to fix labour shortage
The government is going all out to deal with the shortage of workers in various sectors, but opposition from unions suggests the need for caution Rather that focusing on the number of available ...
Hong Kong’s busiest galloper just what the doctor ordered for Pierre Ng and his owners
Medic Elite, Hong Kong’s busiest galloper this season and Ryan Moore’s lowest-rated winner in the city, is set to make his 19th start this term in Sunday’s Spessartine Garnet Handicap (1,600m) at Sha ...
Hong Kong economy driven by local spending as exports remain weak, finance chief says, calling on residents to spend consumption vouchers in July
Financial Secretary Paul Chan attributes poor performance of exports to continuing challenges city faces on external front Chan calls on residents to 'spend more', noting latest instalment of ...
HSBC’s PayMe allies with AsiaPay to offer merchant payment solutions
The collaboration attracts customers through versatile payment choices through a unified device. AsiaPay, a digital payment solutions provider in the Asia Pacific, has partnered with PayMe by HSBC in ...
Five HK banks, HKECIC team up to underwrite risk on domestic sales in China
The collaboration targets to boost insurance protection for Hong Kong exporters. The Hong Kong Export Credit Insurance Corporation (HKECIC) announced its collaboration with five banks to pilot scheme ...
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Introduction In the bustling business landscape of Hong Kong, staying ahead of the competition requires a strategic and effective approach to marketing. A key component of this strategy is Search ...
Hong Kong lawmakers pass bill ordering Jockey Club to pay HK$12bn in football betting tax to boost gov’t revenue
The Legislative Council has passed a bill ordering the Hong Kong Jockey Club to pay an extra HK$12 billion in tax on its football betting earnings over the next five years to swell government coffers, ...