Stocks head for the highest close since September 2 after Premier Li Keqiang pledges to boost consumption and investment. ( read original story ...)
Hong Kong will have plan for I&T ecosystem by December, finance chief vows, while admitting more talent needed
Financial Secretary Paul Chan tells forum that blueprint will map out direction for I&T growth for next to 10 years. ( read original story ...)
US dollar strength lets Hong Kong investors go back to the future
When the US dollar surges on the foreign exchanges, as it is now, the Hong Kong dollar also gains in value against other major currencies This strength spells opportunity for Hong Kong investors who ... ( read original story ...)
Queen Elizabeth’s death sparks nostalgia in Hong Kong for ‘golden era’
The death of Queen Elizabeth II has sparked a wave of nostalgia among some in Hong Kong for the territory’s pre-1997 “golden age”, at a time when Beijing is clamping down on the city’s freedoms. More ... ( read original story ...)
Coronavirus: Hong Kong leader dismisses talk banking summit will flounder despite Singapore hosting fintech event at same time
Chief Executive John Lee says guests are keen to attend the Hong Kong summit, slated for November 1 and 2 Hong Kong’s leader has dismissed talk the city will fail to pull off a much-touted bankers’ ... ( read original story ...)
Climate change: Hong Kong-based Ralph Lauren supplier Esquel opens green unit as textile firms aim to make made-in-China sustainable
Hong Kong and mainland Chinese companies in the textile and garment industry are trying to both burnish their image and do right by the environment by adopting more sustainable practices. ( read original story ...)
Hong Kong Hasn’t Decided on Hotel Quarantine Cut, Lee Says
Hong Kong hasn’t decided whether it will cut the period of time new arrivals must spend in hotel quarantine before a series of high profile events starting at the end of October, and will make the ... ( read original story ...)
Australia’s big cities hold ‘opportunities’ for Hong Kong, mainland China property investors even as mortgage rates climb
Major cities such as Sydney, Melbourne and Perth are likely to offer investors the best deals owing to sustained housing demand, potential stamp duty savings and solid fundamentals, say analysts. ( read original story ...)
HSBC, Standard Chartered among major Hong Kong banks offering higher deposit rates of up to 3 per cent to attract cash, new customers
Major Hong Kong banks are offering high rates for long-term deposits in a bid to secure funds from retail clients to offset a substantial rise in the cost of borrowing from the interbank market. ( read original story ...)
Hong Kong property tycoons get flexible as office space glut grows
Hong Kong’s property developers are having to construct more flexible leasing offers to attract businesses, as the city faces more than 246 football fields of excess supply of office space by 2025. ( read original story ...)
Coronavirus: ‘Reverse quarantine’ would give minimal boost, but is not the ‘magic’ Hong Kong’s economy needs, observers say
Proposed arrangement 'better than nothing', but 'won't help much', says Danny Lau of the Hong Kong Small and Medium Enterprises Association Shenzhen's daily quarantine quota for Hong Kong arrivals cut ... ( read original story ...)
Mansion Global Daily: Houseboats Are Having a Moment, Hong Kong’s House Market Is in a Depression, and More
Stuff Hong Kong’s House Market Is in a ‘Depression,’ Expert Says Dismal sales at newly launched buildings in Hong Kong are pointing to a housing market in "depression," experts said. At Miami Quay in ... ( read original story ...)
Hong Kong: Five jailed for ‘seditious’ children’s books
Five speech therapists in Hong Kong have been jailed for 19 months each after being found guilty of publishing "seditious". Authorities interpreted the books - about sheep trying to hold back wolves ... ( read original story ...)
Hong Kong property market in a ‘depression’ after poor sales at Miami Quay, expert says
Only about 30 per cent, or 41 of the 137 flats on sale at Miami Quay in Kai Tak have been sold Aside a resurgence in Covid-19 infections, Hong Kong's homeowners and potential buyers are also bracing ... ( read original story ...)