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Posted on 26/07/2022

Decouple Hong Kong’s currency peg to the US dollar? ‘Absolutely not’, says finance chief Paul Chan

Peg is aligned with national strategy and fortifies city's standing as international financial centre, Chan tells Post in exclusive interview New administration is in discussions with Beijing on ... ( read original story ...)

Posted on 26/07/2022

Soaring construction costs may discourage Hong Kong’s developers from bidding aggressively for land

Higher costs driven by a surge in materials prices are likely to make property developers more restrained when bidding for land A government index showed building costs surged by 10.8 per cent last ... ( read original story ...)

Posted on 26/07/2022

Hong Kong’s finance chief warns annual economic growth forecast could be cut, admits ‘most critical constraint’ has been border closure and pledges government is doing …

Exports and investments remain sluggish despite rise in consumption, Financial Secretary Paul Chan says City's economy in second quarter not as strong as expected and Covid-19 situation has taken more ... ( read original story ...)

Posted on 26/07/2022

Binance CEO Sues Bloomberg’s Hong Kong Partner for Defamation

The U.S. court filings underscore the extent to which Binance closely protects its perception. It recounts a back-and-forth between legal teams that resulted in Modern Media scrub ... ( read original story ...)

Posted on 26/07/2022

Hong Kong to Reduce Hotel Quarantine, Report Says

Hong Kong could reduce hotel quarantines for arrivals in the next two weeks, according to local media. But, there will be conditions. Jenni Marks reports on Bloomberg Television. ( read original story ...)

Posted on 26/07/2022

IPO Update: GigaCloud Technology Readies $40 Million U.S. IPO

GigaCloud Technology has filed proposed terms for a $39.4 million U.S. IPO. The firm provides a range of ecommerce and related logistics services for businesses with large parcel goods. GCT has grown ... ( read original story ...)

Posted on 26/07/2022

Hong Kong-based TOP Financial stock falls for second day following corporate name change

Hong Kong-based TOP Financial Group (TOP), formerly known as Zhong Yang Financial, saw its shares slide for a second day in the wake of its corporate name change ... ( read original story ...)

Posted on 26/07/2022

Over a quarter of Asian Pacific ‘emerging giant’ startups tied to blockchain: Report

A new survey shows blockchain technology, although not necessarily crypto, is a dominant presence among smaller Asian Pacific startups. ( read original story ...)

Posted on 26/07/2022

Hong Kong beams traffic lights onto pavements to stop ‘smartphone zombies’

Pools of red light are designed to prevent pedestrians from walking into the road while their eyes are glued to their screens ... ( read original story ...)

Posted on 26/07/2022

‘They left everything and shifted to Hong Kong 20 yrs ago… opened a restaurant’: Kin of mother-daughter duo killed in accident in Outer Delhi

Jamna and Jyoti and another relative, Nisha (32), who were travelling from Himachal Pradesh to the capital, were killed after their i20 car rammed into a stationary cluster bus. The impact was such ... ( read original story ...)

Posted on 26/07/2022

Hong Kong lawmakers accuse education authorities of failure to boost patriotism in schools through more recognition of war memorial days

Memorial days designed to mark the struggle against Japanese invasion should be highlighted more to boost patriotism in schools, legislators say Education authorities told not enough done over the ... ( read original story ...)

Posted on 26/07/2022

Queens brings the fire: Annual Hong Kong Dragon Boat Festival returning to Flushing Meadows Corona Park

Hong Kong Dragon Boat Festival in Flushing Meadows Corona Park is known for its fast-paced water races on the lake that draw hundreds of spectators, the celebration of AAPI culture also heralds an ... ( read original story ...)

Posted on 26/07/2022

A dragon awakens in Times Square ahead of Hong Kong Dragon Boat Festival in Queens

With the 30th annual Hong Kong Dragon Boat Festival coming to Queens on July 30 and 31, the festival took over the beating heart of Manhattan. ( read original story ...)

Posted on 26/07/2022

Travellers must complete online declaration before flight to Hong Kong

All incoming travellers from overseas must complete their Covid-19 health declaration online from Thursday before flying into Hong Kong under a new requirement by the government to speed up processing ... ( read original story ...)

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