Top talent from mainland China and overseas who move to Hong Kong, buy homes and put down roots will get a refund on a hefty chunk of property tax many have criticised as unfair. Outlining plans to ... ( read original story ...)
As Xi Jinping tightens his grip on China, fear chills free speech in Hong Kong
There's little room for free speech when "you could be arrested and could be put in jail, maybe for a year or two years, with no trial." ... ( read original story ...)
Currency/China ADR Weakness As Hong Kong Sees Massive Buying From Mainland Investors
BEKE’s 1-year average volume is almost 14mm shares, so this was a significant sale leading to speculation that an asset manager was forced to sell or have redemptions leading to potential future sales ... ( read original story ...)
Xi Jinping’s rise leaves Hong Kong mired in fear of blurry “red lines”
There's little room for free speech when "you could be arrested and could be put in jail, maybe for a year or two years, with no trial." ... ( read original story ...)
Qualifications for share of HK$30 billion Hong Kong investment pot outlined by finance chief
Candidates for the cash will be evaluated in areas such as capital investment, job creation, investment returns and strategic importance to city Time to break free of 'traditional thinking' and ... ( read original story ...)
Hong Kong leader sets target for family offices, lends support for IPO reform, green finance to fend off challenge from Singapore
Chief Executive John Lee unveiled a wide range of measures to strengthen the city’s role as an international finance centre, after Singapore usurped Hong Kong in a global ranking published last month. ( read original story ...)
Yacht linked to sanctioned Russian tycoon leaves Hong Kong
A superyacht linked to sanctioned Russian tycoon Alexey Mordashov left Hong Kong for South Africa on Thursday, nearly two weeks after the U.S. accused the city of operating as a safe haven for ... ( read original story ...)
Hong Kong to ban CBD, put it in same category as heroin, cocaine
Hong Kong will outlaw cannabidiol (CBD) by February, the government announced Thursday, placing it in the same category as heroin, cocaine and methamphetamine with users facing hefty jail time. ( read original story ...)
Hong Kong stocks hit 13-year low as Alibaba, Tencent pressure index near 16,000-mark, yuan slumps on China growth worries, Fed rate outlook
The Hang Seng Index hits the lowest level since April 2009 as steep losses in Alibaba and tech peers put the 16,000 mark under pressure. The offshore yuan weakens to 2010-low against the US dollar. ( read original story ...)
Why selling HSBC Canada, the country’s most lucrative bank deal in decades, is unusually challenging
Highly coveted banks tend to sell for 1.5 times to 2 times their book value, yet the timing of this deal and uncertainty over federal competition concerns could impact how much a bidder is willing to ... ( read original story ...)
Russian oligarch’s luxury yacht departs Hong Kong port
A luxury yacht belonging to sanctioned Russian oligarch Alexey Mordashov departed Hong Kong waters on Thursday heading for the South African port of Cape Town, according to private tracking site ... ( read original story ...)
Chinese diplomat says pulling hair of Hong Kong protester was his ‘duty’
A Chinese diplomat who was filmed pulling the hair of a Hong Kong pro-democracy protester on the grounds of his consulate in Manchester, England, has defended his actions -- saying it was his "duty" ... ( read original story ...)
UK asset manager Abrdn stresses importance of Hong Kong and Greater Bay Area for accessing China’s vast market
The Greater Bay Area will serve as a launch pad for clients seeking access to the China market, and Hong Kong will always be important, says Abrdn’s Rene Buehlmann. ( read original story ...)
Hong Kong officials admit for the first time failure to boost public housing supply in short term, but vow enough homes in coming decade
Deputy Financial Secretary Michael Wong says this was why 'light public housing' scheme raised in city leader's policy address a day earlier Finance chief Paul Chan however reassures public that land ... ( read original story ...)