Shares soared more than 7% in Hong Kong on Friday after a Communist Party newspaper reported that local officials were being urged not to impose overly burdensome controls to curb coronavirus ...
Hong Kong’s shares soar 7.4% after Chinese news report saying local officials were told to dial back COVID controls.
Hong Kong's shares soar 7.4% after Chinese news report saying local officials were told to dial back COVID controls.
China’s Giant Biogene jumps nearly 22per cent in Hong Kong trading debut
Giant Biogene shares rose almost 22per cent on Friday as the Chinese company debuted on Hong Kong's stock exchange after raising US$70 million in its initial public offering (IPO).The company's shares ...
Hong Kong Sevens makes comeback after three-year COVID absence
Rugby fans and revellers readied for the Hong Kong Sevens on Friday as the city's highest-profile sporting event returns from a three-year COVID-19 hiatus, though safety protocols are set to make for ...
Hong Kong well-positioned to help Asean companies tap China, hedge against strong dollar, officials say
Hong Kong is well-positioned to connect Asean nations and firms with China’s capital markets as a hedge against a strong dollar, speakers at two major summits in the city said on Thursday.
Hong Kong’s Education Market – Trends and Opportunities
We discuss the latest trends and business opportunities for international stakeholders in Hong Kong's education market as the region aims to be a talent sourcing hub.
Hong Kong business sector should take lead in promoting city to rest of the world, Beijing loyalist politician says at summit
Bernard Chan calls for business sector to promote city globally because it would be "more convincing" than government Chan adds city should not do itself down in comparison with Singapore; says ...
Hong Kong’s financial summit ends on upbeat note as attendees bid farewell to Covid-19’s restrictions and head ‘back to business’
It was said repeatedly during the three days of the Global Financial Leaders’ Investment Summit that Hong Kong was back to “business as usual,” even if it had been slower than other countries in ...
Hong Kong raises rates after Fed, flags more increases in borrowing costs
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged via the overnight discount window by 75 basis points to 4.25%, and said households should brace for a period of higher ...
China Evergrande chairman’s Hong Kong mansion seized by bank
A belonging to embattled China Evergrande Group's chairman in Hong Kong's prestigious The Peak residential enclave has been seized by lender China Construction Bank (Asia), records from the Land ...
More than half of Hong Kong companies found it harder to hire talent in past year, survey finds
More than half of Hong Kong companies have found it harder to hire talent in the past 12 months than at any point in the last five years, a job recruitment platform has said, noting corporate sales ...
Exclusive-Morgan Stanley to Start Layoffs in Coming Weeks as Dealmaking Slows -Sources
Wall Street major Morgan Stanley is expected to start a fresh round of layoffs globally in the coming weeks, three people with knowledge of the plan said, as dealmaking business takes a hit due to ...
Explainer: What’s behind Hong Kong’s tightening cash conditions?
A weak Hong Kong dollar and capital outflows have pushed the city's interbank rates to 14-year highs and drained cash levels to their lowest in two years, sparking investor worries about Hong Kong's ...
HSBC raising best lending rate to 5.375% after Hong Kong rate hike
HSBC Holdings said on Thursday it is raising its best lending rate in Hong Kong by 25 basis points to 5.375% effective Nov. 4 after the city's de facto central bank raised the base rate charged ...