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Posted on 09/02/2023

Hong Kong Vies for Blockbuster Aramco Listing as Saudi Ties Deepen

If Aramco chooses to list in Hong Kong, the deal would be a boon for the city, which has been courting multinational companies to sell shares on the local exchange.

Posted on 09/02/2023

Dubai Chambers inaugurates new office in Hong Kong to Drive Mutual Economic and Business Growth

Dubai Chambers announced the establishment of its new international office in Hong Kong, to drive mutual economic and business growth and enhance trade ...

Posted on 09/02/2023

John Lee jetting off to Middle East, Southeast Asia a stopgap measure, not a solution for Hong Kong’s economic woes, experts say

Emerging market focus understandable given current geopolitical tensions, but city will still need traditional markets such as US and Europe, observers say.

Posted on 09/02/2023

Tycoon Fetches Millions Selling 76 Hermes Bags in Hong Kong

Hong Kong billionaire Joseph Lau has sold dozens of mostly Hermes bags for HK$25.2 million ($3.2 million) in an auction by Sotheby’s.

Posted on 09/02/2023

‘Someone to talk to’: struggling elderly Hong Kong man shuns proper government flat for cramped ‘coffin home’ because it offers human company

Coffin' homes offer a tiny sanctuary for Hong Kong's disadvantaged who cannot keep up with city's high-priced property market Thousands of people live in units notorious for poor living conditions and ...

Posted on 09/02/2023

‘Online lover’ swindles Hong Kong investment manager out of HK$12.8 million inheritance in 1 month through bogus cryptocurrency trading

Swindler, claiming to be a female cryptocurrency investment expert, developed a relationship with the man through the internet, police say Source says victim lost total of HK$12.8 million recently ...

Posted on 09/02/2023

Hong Kong and United Arab Emirates set to commence talks on bilateral free trade agreement, city leader John Lee says

Hong Kong and the oil-rich United Arab Emirates (UAE) are set to commence negotiations on a bilateral free trade agreement to boost investment ties between the two economies, the city's leader has ...

Posted on 09/02/2023

Hong Kong stocks arrest two-day slide on mainland fund inflows as Fed terminal rate outlook caps advance

Local stocks chalk up marginal gains in early trading. Investors get a boost from China reopening story while concerns about the Fed’s tightening moves are seen reining in risk-taking.

Posted on 09/02/2023

‘Frothy, Vapid & Meaningless’ – PR Experts Weigh In On Hong Kong Tourism Campaign

But quickly look outwards and see what other iconic destinations are doing marketing-wise. South Korea, Australia and Japan would be good places to start. Hong Kong also deserves the brightest ...

Posted on 09/02/2023

Foreign investors start 2023 with record $21bn push into China stocks

Global investors have snapped up a record $21bn worth of Chinese equities this year, as robust economic data spurs traders to make larger bets that the reopening rally has further to run. Foreign ...

Posted on 09/02/2023

Hong Kong reopens with post-Covid charm offensive

We’ll send you a myFT Daily Digest email rounding up the latest Hong Kong economy news every morning. Steve Dressler, the owner of Hong Kong-based relocation services company Trade Winds, has had a ...

Posted on 09/02/2023

Hong Kong private hospital to make deal with government to serve public patients in return for HK$4 billion loan repayment postponement

Chinese University's hospital has agreed to provide public healthcare services, hoping it can start paying off HK$4 billion loan in 2028 CEO says hospital would not have been able to continue ...

Posted on 09/02/2023

ChatGPT drives crazy Chinese tech stock runs in Hong Kong, Shanghai as investors chase Zhihu, Baidu and Cloudwalk

Zhihu has risen 55 per cent in Hong Kong this year, while Hanwang Tech and Cloudwalk logged more than 128 per cent gain on mainland exchanges ChatGPT has garnered 30 million view on Chinese ...

Posted on 09/02/2023

Hong Kong approves 5,800 applications for new talent scheme, but lawmaker says focus should be on how many stay

Johnny Ng, lawmaker and entrepreneur, says initiative’s success should be gauged by how many people end up staying long term.

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