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Posted on 09/08/2022

HKMA buys HK$2.98 billion from market as currency hits weak end of trading band

Hong Kong's de-facto central bank bought HK$2.975 billion ($378.99 million) from the market in New York trading hours to stop the local currency from weakening and breaking its peg to the U.S. dollar. ( read original story ...)

Posted on 09/08/2022

Coronavirus: Hong Kong business groups, travel industry chiefs say 3+4 quarantine scheme is right move but only full reopening will help city

Business chambers say three-day quarantine period, four days of medical surveillance for arrivals 'step in the right direction', but not enough to revive Hong Kong's economy Travel leaders warn sector ... ( read original story ...)

Posted on 09/08/2022

Hong Kong’s Intelligent Living stock jumps 42% after rallying 64% in prior session

Shares of lockset maker Intelligent Living Application Group (ILAG) rallied for the second straight session amid renewed investor interest in Chinese stocks ... ( read original story ...)

Posted on 09/08/2022

Hong Kong’s last sawmill faces closure

HONG KONG — Chi Kee Sawmill & Timber, Hong Kong’s last operating sawmill, has been processing timber in the city for 75 years. ( read original story ...)

Posted on 09/08/2022

Hong Kong online brokerage TOP Financial sees stock soar 97%

Hong Kong-based online brokerage TOP Financial Group (TOP) saw its shares soar 97% Monday. TOP shares opened at $10.52, hitting a high of $23 mid-morning ... ( read original story ...)

Posted on 08/08/2022

Hong Kong Quarantine Reduction Met With Calls to Go Even Further

Hong Kong took a much anticipated step to reduce mandatory hotel quarantine for international travelers as the city seeks to restore its position as a financial hub and revive its economy. ( read original story ...)

Posted on 08/08/2022

Kerala-based start-up entrepreneur wins international award

Sangeetha Abhayan, a Kerala-based entrepreneur, won the World Women Entrepreneurs’ Award instituted by the Junior Chamber International Hong Kong (JCIHK) for her handloom and handicrafts start-up’s ... ( read original story ...)

Posted on 08/08/2022

Hong Kong retail, catering sectors see boost from second phase of consumption voucher

Hong Kong’s retail sector has seen a slight boost in business as most residents received HK$2,000 in electronic vouchers under the consumption voucher scheme. But many refrained from buying expensive ... ( read original story ...)

Posted on 08/08/2022

HSBC HK bands together stars from MIRROR, ERROR and COLLAR

HSBC and Wunderman Thompson Hong Kong have joined hands in creating a “SUMMERverse” experience for this year’s HSBC Red Hot Festival. The partnership aims to break boundaries with a holistic marketing ... ( read original story ...)

Posted on 08/08/2022

HSBC Names Patrick Boumalham New Global Head of Wealth Sales

HSBC has appointed Patrick Boumalham as its new global head of wealth sales within its markets division, effective in September, according to an internal memo seen by Reuters and confirmed by a ... ( read original story ...)

Posted on 08/08/2022

HSBC seeks to placate Hong Kong investors after rejecting break-up call

HSBC's bosses met retail investors in Hong Kong on Tuesday, urging them that a strategy to operate as a unified bank is better for its future than a break-up mooted by top shareholder Ping An ... ( read original story ...)

Posted on 08/08/2022

HSBC’s headquarters should be in Hong Kong instead of the UK, says Hong Kong district councilor

Christine Fong, a councilor for Hong Kong's Sai Kung district, says that's important for risk management in the face of the Russia-Ukraine war and inflation. ( read original story ...)

Posted on 08/08/2022

Hong Kong Cuts Hotel Quarantine for Incoming Travelers to 3 Days

Hong Kong will shorten the Covid-19 hotel quarantine period for all arrivals to three days from the earlier seven days. ( read original story ...)

Posted on 08/08/2022

Hong Kong cuts coronavirus hotel quarantine for arrivals to 3 days

Hong Kong will cut the mandatory hotel quarantine for overseas arrivals from a week to three days, the city’s leader said Monday. The southern Chinese city remains one of the few places in the world, ... ( read original story ...)

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