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Posted on 11/07/2023

Two-thirds of applicants get first choice of Hong Kong secondary school through central allocation system, Education Bureau says

Primary pupils get results of central allocation system for secondary school on Tuesday; register on Thursday and Friday.

Posted on 11/07/2023

Hong Kong’s mothballed monorail catches attention of second mainland Chinese company, months after scheme revival floated to city leader

Zhong Tang Sky Railway Group expresses interest in shelved railway plan for Kowloon East and offers up its suspension monorail system City leader John Lee earlier said he was open to using rail system ...

Posted on 10/07/2023

Hong Kong’s easing of mortgage rules boosts home visitors, but not deals

Hong Kong's move to raise the maximum mortgages available to some homebuyers, its first relaxation in curbs on home purchases adopted in 2009, boosted shopping interest over the weekend but did little ...

Posted on 10/07/2023

Hong Kong court denies bail to university student charged under anti-terrorism ordinance

A Hong Kong university student who was among eight people charged over conspiring to place explosives near two Hong Kong border crossings and a hospital in 2020 has been denied bail. Ho Pui-yan, a student at Hong Kong Baptist University,

Posted on 10/07/2023

Hong Kong Mortgage Easing Is Cold Comfort to Buyers With High Rates

Hong Kong’s relaxation of residential mortgage rules is likely to do little to spur demand from homebuyers who remain deterred by surging interest rates, according to analysts. Most Read from ...

Posted on 10/07/2023

Chinese pharma tech giant Wuxi Biologics plans to spin off international business in Hong Kong IPO

Capital raised from the IPO of Wuxi XDC will go towards building new manufacturing facilities in Singapore, expanding production capacity in China, strategic investments and acquisitions, according to ...

Posted on 10/07/2023

Tech rally helps Hong Kong lead most Asia markets higher

Hong Kong led gains in most Asian markets Monday on hopes China has ended its long-running crackdown on the tech sector after imposing huge fines on the fintech affiliates of Alibaba and Tencent.That ...

Posted on 10/07/2023

China property developer Kaisa faces Hong Kong lawsuit seeking to wind it up

Chinese property developer Kaisa Group said on Monday a winding-up petition has been filed against it in a Hong Kong court in relation to 170 million yuan ($23.50 million) non-payments on onshore ...

Posted on 10/07/2023

HK financial service organisations need to be more creative

Financial services customers want more. New figures from research firm Forrester have found that half of consumers wish their bank was more proactive about giving them advice, and more than half (52 ...

Posted on 10/07/2023

Private bankers at EFG, Bank of Singapore set big targets as Hong Kong offers ‘next big leap’ in wealth management

Family offices will be 'the next big leap' for private banks using Hong Kong as a hub, Gordon Tsui of Hong Kong Securities and Investment Institute says EFG International and Bank of Singapore aim to ...

Posted on 10/07/2023

Alibaba, Tencent fuel best rally in a week in Hong Kong stocks while easier mortgage rules aid property developers

Alibaba Group and Tencent lead a rally on bets Chinese tech giants can look past regulatory hindrance to pursue growth. Developers also advance following measures to ease mortgage financing limits.

Posted on 10/07/2023

Demanding financial targets at Hong Kong firms are a major factor hindering effective cybersecurity defences, Kroll says

Accordig to the kroll survey, 48 per cent of IT security decision-makers at Hong Kong firms said overstretched financial targets were a major reason for cybersecurity mistrust.

Posted on 10/07/2023

Hong Kong Hostel Program Aimed at Tackling Housing Shortage and Political Dissent

The hostel programme, ramped up last year under pressure from Chinese President Xi Jinping, aims to tackling youth frustration with housing.

Posted on 10/07/2023

Hong Kong customs arrests man for allegedly arriving in city with cocaine worth HK$6.9 million hidden in biscuit tins

Hong Kong customs has arrested a 26-year-old man arriving from Macau and seized from his luggage about 6.3kg (14lbs) of suspected cocaine worth about HK$6.9 million (US$868,720) hidden inside four ...

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