Official data shows while year-on-year sales for March have risen to HK$27.6 billion they are still far below pre-pandemic levels. ( read original story ...)
Hong Kong’s Growth Surge Masks Uneven Recovery, Vaccine Risk
Hong Kong’s economy posted its fastest growth in more than a decade in the first quarter, though the recovery is an uneven one led mainly by exports and held back by weak consumer spending and a slow ... ( read original story ...)
Energy leads Hong Kong stocks higher on pandemic recovery signs
* Hang Seng index ends up 0.7% * China Enterprises index HSCE gains 0.49% * HSI financial sub-index climbs 0.78% * Property sector up 0.5% HONG KONG, May 4 (Reuters) - Hong Kong shares settled ... ( read original story ...)
ZhongAn, StanChart-Backed Lenders Take Early Lead in HK Digital Bank Race
Online-only banks in Hong Kong backed by China's ZhongAn Online P&C Insurance and Britain's Standard Chartered moved ahead of newly launched rivals as they garnered 70% of deposits last year, the ... ( read original story ...)
Technology-led gains fuel a bullish outlook
The authors polled more than 30,000 US workers and found that a better-than-expected experience, technological innovations and investments, and lingering fears of crowds and contagion will bolster the ... ( read original story ...)
Hong Kong rural leaders, groups cry foul over ‘shockingly’ rushed Legco funding bid by city’s government for new border town
New Territories North project earmarked as one of two long-term sources of land supply for Hong Kong A government plan to build a new town near the border with mainland China was “shockingly” rushed ... ( read original story ...)
Hong Kong decentralized finance startup banks $3.3m in strategic sale round
Hong Kong’s Formation Fi, a startup that simplifies decentralized finance (DeFi) portfolio construction to help users better manage risk, said it closed US$3.3 million in a strategic sale round. The ... ( read original story ...)
Decathlon Hong Kong sets sights on ‘sports friendly’ New Territories as it opens Sha Tin and Ma On Shan branches
Hong Kong was merely considered a pilot scheme for Decathlon, but four years later it finds itself opening branches six and seven, with an eighth already in the works. ( read original story ...)
Hong Kong leader flags ‘fake news’ laws as worries over media freedom grow
Hong Kong leader Carrie Lam said on Tuesday the government was working on "fake news" legislation to tackle "misinformation, hatred and lies," as worries grow over media freedoms in the global ... ( read original story ...)
Hong Kong’s secondary offerings this year already near 2020 total
Sales of shares in Hong Kong by already-listed companies have enjoyed their best-ever start to a year as issuers tap ample global liquidity and investors' hunger for Chinese assets. The sell-down of ... ( read original story ...)
When Clark Gable came to Hong Kong to film Soldier of Fortune, he found the people to be ‘charming’
The Hollywood star was in the city filming scenes for Soldier of Fortune, which critics found to have a ‘mediocre plot’ but show Hong Kong ‘in some of her loveliest moods’. ( read original story ...)
Bargain Hunting May Boost Hong Kong Shares
The Hong Kong stock market has moved lower in consecutive trading days, plummeting nearly 950 points or 2.6 percent along the way. The Hang Seng Index now sits just above the 28,350-point plateau and ... ( read original story ...)
Hong Kong based Amber Group Adds New Retail Investment Features
Amber Group, a crypto trading platform, has added new features for its retail-facing Amber App. According to the company, the features are designed to help users achieve optimal investment returns ... ( read original story ...)
Hong Kong Reopens Bars, but Only If You’re Vaccinated. Will That Boost Lackluster Immunization Rates?
Hong Kong's vaccine passport experiment could offer clues for other places that want to expand privileges for people who have gotten COVID-19 shots ... ( read original story ...)