The authority is studying design considerations such as issuance, interoperability with other payment systems, privacy and data protection. ( read original story ...)
HKEX posts biggest quarterly profit drop in five years as IPOs and stock trading dry up amid Hong Kong’s Covid-19 slump
Hong Kong Exchanges and Clearing Limited (HKEX) reported its biggest decline in quarterly earnings in more than five years, as the city's stock market operator posted an investment loss, while a ... ( read original story ...)
Hong Kong actor Kenneth Tsang dies at age 86, found unconscious in hotel: report
Veteran Hong Kong actor Kenneth Tsang was pronounced dead on Wednesday (27 April) after the 86-year-old was found unconscious at a quarantine hotel in the Chinese city, according to a media report. ( read original story ...)
Hong Kong home prices fall to the lowest level since January 2021 as distressed owners slash prices, sell at a loss
Prices fell 0.7 per cent to 381.3 in March, the lowest since 381.9 in January 2021, government index shows Owners of 264 homes sold their homes at a loss in the first quarter, the highest since the ... ( read original story ...)
Hong Kong’s New Travel Easing Leaves Business Still Wanting More
Hong Kong’s latest moves to ease travel into the financial hub are getting a lukewarm reception from the business community and airlines. After months of criticism, the government is loosening a ... ( read original story ...)
When Journalists Capitulated to Autocracy in Hong Kong
When Allan Au didn’t post his Wordle score on Facebook one morning this month, his friends began to worry. For Au, a longtime journalist and media trainer in Hong Kong, the ritual was less about ... ( read original story ...)
Qianhai beckoning Hong Kong entrepreneurs through institutional innovation
April 27 marks the 7th anniversary of the inauguration of Qianhai Shekou Free Trade Zone, whose day-to-day changes are always fascinating. According to Authority of Qianhai ... ( read original story ...)
Zacks Investment Research Upgrades Hang Seng Bank (OTCMKTS:HSNGY) to “Hold”
Hang Seng Bank (OTCMKTS:HSNGY – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks.com ... ( read original story ...)
Hong Kong exchange profits plunge amid IPO drought, virus woes
Hong Kong's stock exchange on Wednesday (Apr 27) reported its biggest quarterly drop in profits for six years as tightened Chinese regulations strangled new listings and the city struggled with its ... ( read original story ...)
Australia worried China will bring Hong Kong police techniques to Solomons
Australia's spy chief says Canberra is concerned Chinese police deployed to the Solomon Islands under a new security pact could use "ruthless" techniques previously used to quell anti-government ... ( read original story ...)
Cathay Pacific reveals date for return of Hong Kong-Auckland service
Cathay Pacific has announced its return to New Zealand, as Hong Kong prepares to lift its travel ban on non-residents. The airline will restart passenger flights between Auckland and Hong Kong from ... ( read original story ...)
China-focused business groups join calls for reopening Hong Kong
Local business groups in Hong Kong that previously insisted the city must prioritize free travel with mainland China have begun to join calls by international groups for officials to focus on ... ( read original story ...)
Hong Kong developers rushing 800 flats to market as easier Covid-19 rules break lull in home sales
As Covid-19 restrictions are loosened, developers expect homebuyers to throng to sales offices. Wheelock’s takings last weekend suggests there is still a lot of pent-up demand. ( read original story ...)
Hong Kong Stock Market Expected To Hand Back Tuesday’s Gains
The Hong Kong stock market on Tuesday ended the five-day losing streak in which it had plummeted almost 1,650 points or 7.8 percent. The Hang Seng now rests just above the 19,930-point plateau ... ( read original story ...)