Financial secretary says attendees have shared that their experience in city is 'different from what they have seen in foreign media outlets' City needs to strengthen investment by wooing firms and ...
Hong Kong, mainland China students boost UK home demand, property agents say, as weak pound increases buying power
China, including Hong Kong, accounted for the biggest share of an increase in non-EU students entering UK universities this year, according to Knight Frank In the third quarter, Chinese buyers made 2.
Hong Kong says it’s back open for business. Will the world buy it?
At a glitzy finance summit in Hong Kong this week, the city's leader triumphantly told a room packed with top Wall Street executives that the Asian hub was back in business. "The worst is behind us," ...
Hong Kong Embraces Crypto to Rebuild its Reputation As a Fintech Hub
Kanok Sulaiman / Getty Images Hong Kong, aiming to rebuild its reputation as a fintech hub and level the playing field with Singapore, may allow retail investors to trade in cryptocurrencies and ...
Hong Kong is inviting back the (business) world. Will it accept?
The Chinese territory’s reputation as an international financial center has been tarnished by strict Covid rules and a national security law that critics say has crushed dissent.
Hong Kong No 2 official condemns Wall Street Journal’s ‘ill-intended and gravely biased’ editorial on mega financial summit
Chief Secretary Eric Chan writes to New York-based paper’s editor, saying piece is a ‘brazen demonstration of disrespect’ for financial leaders who attended.
Hong Kong’s currency intervention pushes key banking liquidity indicator below HK$100 billion mark
Aggregate balance fell below HK$100 billion after the Hong Kong Monetary Authority intervened to defend currency peg during New York trading hours Lower liquidity will add pressure on more local banks ...
Hong Kong Interbank Liquidity Gauge to Sink Below HK$100 Billion
Hong Kong’s aggregate balance, a measure of interbank liquidity, will fall below HK$100 billion ($12.7 billion) for the first time since June 2020 as the city’s de facto central bank tries to maintain ...
Hong Kong’s property developers will struggle to service their bulging debts as interest rates soar, analysts warn
Home builders are likely to have a hard time turning a profit as the interest payments on their debt mountains get bigger They are likely to be less aggressive bidding for land, and are coming under ...
Hong Kong bar owners wonder if crowds of rugby Sevens fans will ever return
With few international fans making the journey this year, owners are asking if the tournament’s glory days are over.
U.S. audit inspection of Chinese companies in Hong Kong ends – sources
U.S. audit watchdog's onsite inspection of the audit work of New York-listed Chinese firms, which started in Hong Kong in September, has ended, three people with knowledge of the matter said, raising ...
Hong Kong company shortlisted for Prince William’s £1 million Earthshot Prize for system that powers construction sites
A Hong Kong energy company was shortlisted on Friday for an award established by Britain’s Prince William to honour ideas to help the environment, beating more than 1,000 entries from across the world ...
With slogans and CEOs, Hong Kong tries to recapture the spotlight
The city, struggling to reestablish itself as a global powerhouse, hosted its first international financial summit since the pandemic.
Weak Markets Overshadow Sunshine Insurance IPO Plan
Sunshine Insurance could become China’s 10th listed insurer with its new Hong Kong IPO application, but has warned its profit could drop this year on falling investment returns ...