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Posted on 03/01/2023

Lenders fail to sell Evergrande’s Hong Kong headquarters by tender – sources

The tender sale of embattled China Evergrande Group's Hong Kong headquarters has lapsed again, two sources with knowledge said, because the offer prices and terms did not meet requirements.

Posted on 03/01/2023

Hong Kong aims to raise up to $5 bln in green bonds – sources

Hong Kong's government is aiming to raise up to the equivalent of $5 billion in a dollar, euro and offshore Chinese yuan green bond issuance, according to sources with direct knowledge of the matter.

Posted on 03/01/2023

Hong Kong to raise up to US$5b in green bonds: sources

HONG KONG aims to raise up to the equivalent of US$5 billion in a dollar, euro and offshore Chinese yuan green bond issuance, sources with direct knowledge of the matter said. Read more at The ...

Posted on 03/01/2023

Coronavirus: Hong Kong school heads call for delaying mandatory student trips to mainland China, cite planning challenges amid infections

In updated guidelines, Education Bureau says schools can resume study tours to mainland or overseas Secondary Five students are required to visit mainland as part of citizenship and social development ...

Posted on 03/01/2023

Hong Kong banks will raise their lending rates further in 2023 as Fed seeks to tame run-away US inflation, analysts say

All 10 economists polled by the Post predicted the prime rate will rise in 2023 by up to one percentage point If their forecasts are right, the prime rate could hit 6.875 per cent per annum, a level ...

Posted on 03/01/2023

South Korea to require COVID tests for Hong Kong, Macau travellers

South Korea's health authorities said on Tuesday it will impose mandatory COVID-19 tests on travellers from Hong Kong and Macau, after Beijing's decision to lift stringent zero-COVID policies.

Posted on 03/01/2023

Are Buildings in Hong Kong Designed with Holes Known as ‘Dragon Gates’?

Buildings in Hong Kong are designed with "dragon gates" in accordance with feng shui. Feng shui is a traditional Chinese practice of orienting one's physical surroundings in a balanced and harmonious ...

Posted on 03/01/2023

Top 6 Hong Kong IPOs to watch out for in 2023, as city tries to reclaim pole position in global fundraising

Ant Group, ByteDance, Syngenta, Amer Sports, FWD Group and Didi Global among the highly anticipated IPOs this year. Over 100 new listings are expected to raise around HK$200 billion (US$25.6 billion).

Posted on 03/01/2023

Hong Kong economy: 2022 was simply awful, will reopening border with mainland China make 2023 the turnaround year?

Hong Kong downgraded its full-year economic forecast from between 0.5 per cent growth and 0.5 per cent contraction to a 3.2 per cent drop amid an ongoing recession. T ...

Posted on 03/01/2023

Hong Kong ends Covid restrictions, masks still required in public

Apart from wearing masks Hong Kong is set to cancel all stringent Covid-19 restrictions including mandatory PCR tests for arrivals ...

Posted on 03/01/2023

Rising interest rates could fuel results for HSBC, global banks amid uncertain economic outlook

HSBC's profit expected to increase 7 per cent in 2022, surge 42 per cent to US$19.2 billion in 2023 Banks' creditworthiness to remain 'broadly stable' despite gloomy economic outlook: Moody's After a ...

Posted on 03/01/2023

New attractions, high hopes: Hong Kong Disneyland rolling out the red carpet for mainland Chinese visitors

Hong Kong Disneyland is hiring 600 frontline staff and has lined up a string of new features for visitors, as quarantine-free travel from mainland China appears imminent. Managing director Michael ...

Posted on 03/01/2023

Promise to be ‘fair and inclusive’ with Hong Kong’s young must be kept

Hong Kong needs to ensure youth can develop, thrive and flourish if it is to have a successful future The success of any society depends on its ability to ensure young people develop, thrive and ...

Posted on 03/01/2023

Hong Kong ‘loophole’ could undermine Covid test rules for Chinese travellers

Region to be exempt from requirement for negative result, sparking fears it will fail to stop the spread of coronavirus from China ...

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