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Posted on 12/03/2023

Six Hong Kong-Listed Firms Say Their Deposits at SVB Are Immaterial

Six Hong Kong-listed companies, mostly Chinese pharmaceutical firms, disclosed cash deposits at Silicon Valley Bank on Sunday, adding that their exposure to the failed U.S. lender and its impact on ...

Posted on 12/03/2023

Hong Kong Stocks End More Than 3% Lower

Hong Kong stocks plunged Friday following a rout on Wall Street fuelled by worries over the banking sector, while traders are also awaiting the release of key US jobs data.

Posted on 12/03/2023

Hong Kong leader John Lee pledges to gain more policy support from Beijing as he leads largest delegation to capital amid ‘two sessions’

Ahead of his departure, Chief Executive John Lee says he is leading eight bureau chiefs to meet mainland Chinese officials Lee says he will attend closing ceremony of National People's Congress on ...

Posted on 12/03/2023

Language barrier hinders Hong Kong startups setting up shop in Korea

Justin Suen Long-kiu's biotech company joined the K-Startup Grand Challenge (KSGC) accelerator program organized by the Korean government to explore markets outside his native Hong Kong. The program ...

Posted on 12/03/2023

Resorts World sees quick recovery for Hong Kong’s passenger cruise market as it eyes local, mainland tourists

Resorts World launched the maiden voyage of the 13-deck Resorts World One from its home port of Kai Tak Cruise Terminal in Hong Kong on Friday; The return of mainland Chinese tour ...

Posted on 12/03/2023

The burden of love: Hong Kong carers are tired, stressed and need more support as families struggle to cope

Looking after elderly, severely ill family members and children with special needs can take its tollComprehensive policies, more services needed for carers, especially as city’s population is ageing,

Posted on 12/03/2023

All you need to know about Hong Kong’s 2023 round of consumption vouchers

First instalment will be disbursed from April 16 to payment platform residents chose for previous batch Permanent residents and certain new arrivals will receive HK$5,000, while others will get ...

Posted on 12/03/2023

Hong Kong court jails three members of Tiananmen vigil group

Three former members of a Hong Kong group that organised annual vigils to mark China's 1989 Tiananmen Square crackdown, were jailed on Saturday for four and a half months for not complying with a ...

Posted on 12/03/2023

Hong Kong activists behind Tiananmen vigils sentenced to 4.5 months in jail

HONG KONG (AP) — Three former organizers of Hong Kong’s annual vigil in remembrance of the 1989 Tiananmen Square crackdown on pro-democracy protests were jailed Saturday for 4 1/2 months for failing to provide authorities with information on the group ...

Posted on 12/03/2023

3 Hong Kong activists sentenced for refusing to collaborate with protest crackdown

March 11 (UPI) --Three Hong Kong activists on Saturday were sentenced to 4 1/2 months in jail for refusing to cooperate with police during a probe of their now-disbanded protest organization. The trio were sentenced under a national security law that ...

Posted on 11/03/2023

‘We won’t sell land at dirt cheap prices,’ Hong Kong’s finance chief says, vowing to focus on stable housing supply for society

Financial Secretary Paul Chan reaffirms government's commitment to land policy after year's first sale of commercial plot fetches 35 per cent less than low end of valuation Government to place 18 more ...

Posted on 11/03/2023

Cathay’s people problem is Hong Kong’s too

HONG KONG, March 10 (Reuters Breakingviews) - Cathay Pacific (0293.HK) may be a high-flying reminder of the Asian finance hub’s pandemic-induced isolation for longer than anyone wants. The bureaucracy ...

Posted on 11/03/2023

Snap happy: Hong Kong’s multimillion-dollar pre-wedding photo business clicks back into gear after big-day Covid delays

After Covid-19 played havoc with marriage plans, photographers across the city are back in business, big-style When Hong Kong celebrity couple Carlos Chan and Shiga Lin announced they would wed on ...

Posted on 11/03/2023

HSBC Shareholder Group Pushes for Resolutions to Boost Dividend

An HSBC Holdings Plc activist shareholder in Hong Kong is pushing the lender to allow investors to vote on a plan that requires the bank to provide regular updates on the restructuring of its Asian ...

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