Hong Kong's economy contracted 1.3 per cent in the second quarter from the same period a year earlier, government data showed on Friday (Aug 12), following a weak performance in external trade during ... ( read original story ...)
Hong Kong GDP Falls Less Than Estimated In Q2
The Hong Kong economy entered a recession in the second quarter but the pace of contraction was slower than initially estimated, ... ( read original story ...)
Hong Kong economy set for between 0.5 per cent growth and 0.5 per cent contraction
Government revises down its full-year forecast for economy from previous 1-2 per cent growth Downgrade marks second time authorities have lowered annual growth forecast in three months The government ... ( read original story ...)
Centurium-Backed Taibang Picks CICC, JPMorgan for HK IPO, Sources Say
Taibang Biologic Group, a plasma-derived biopharmaceutical product maker, has chosen banks for an initial public offering in Hong Kong, according to people familiar with the matter.Most Read from ... ( read original story ...)
Hong Kong suffers biggest ever population drop as exodus accelerates
Hong Kong has recorded its sharpest annual drop in population, with experts blaming the decline on strict Covid control measures and a political crackdown that have taken the shine off a financial hub ... ( read original story ...)
Hong Kong population shrinks for 2nd year under virus curbs
Hong Kong’s government says its population has shrunk as anti-virus controls hampered the inflow of new workers and births declined, but it made no mention of an exodus of residents following a crackd ... ( read original story ...)
China Tourism’s duty free shop picks Hong Kong for US$2.5 billion IPO as the world’s largest travel retailer raises capital to expand
The world's largest travel retailer aims to raise up to US$2.5 billion, making it the largest IPO in Hong Kong in 14 months The company will start its public offering from Monday to Thursday, to be ... ( read original story ...)
‘Betraying China’: Hong Kong politician in exile reports alleged assault at Sydney restaurant
Hong Kong pro-democracy politician in exile Ted Hui has alleged he was assaulted by a stranger in a Sydney restaurant. Due to this latest attack containing a verbal threat of further violence, Mr Hui ... ( read original story ...)
China Tourism seeks $2.16 bln in Hong Kong’s biggest listing so far in 2022 – term sheet
China Tourism Group Duty Free Corp is aiming to raise up to $2.16 billion through a new listing in Hong Kong, according to a term sheet reviewed by Reuters, in what will be the largest share sale in ... ( read original story ...)
Covid policy crushes Hong Kong’s growth expectations
Hong Kong’s economy will struggle to expand at all this year, the latest Bloomberg survey of economists shows, as the city grapples with Covid restrictions, a trade slump and other global headwinds. ( read original story ...)
China Tourism seeks $2.16bn in Hong Kong’s biggest listing of 2022
China Tourism Group Duty Free Corp. is aiming to raise up to $2.16 billion through a new listing in Hong Kong, according to a term sheet reviewed by Reuters, in what will be the largest share sale in ... ( read original story ...)
BOC HK, BOC Life launch green savings insurance plan
It offers up to a 3% annualised guaranteed rate of return at policy maturity. Bank of China (Hong Kong) (BOCHK) and BOC Group Life Assurance Company (BOC Life) have launched the BOC Life iGreen ... ( read original story ...)
Philippine tycoon and Duterte supporter Uy’s business may face US$959mil debt bill
The business empire of Philippine tycoon Dennis Uy, which recently made headlines with a notice of default, may face nearly US$700 million (S$959 million) worth of loans maturing this year. ( read original story ...)
CTG Duty Free Aims to Raise $2.2 Billion With Hong Kong Listing
China Tourism Group Duty Free Corp. is seeking to raise as much as HK$17 billion ($2.17 billion) by selling shares in Hong Kong, in what could be the city’s biggest offering this year. Most Read from ... ( read original story ...)