The city was once lauded for controlling the coronavirus’s spread. But this month, it recorded one of the highest death rates in the world. ( read original story ...)
Isolated and vulnerable amid the covid crisis, some of Hong Kong’s elderly are taking their own lives
The covid crisis has exacerbated mental health issues among the elderly, many of whom remain unvaccinated and have been living in isolation for two years. ( read original story ...)
Hong Kong reports 21,650 new COVID cases on Thursday
Hong Kong health authorities reported 21,650 COVID-19 cases on Thursday, down from 29,272 on Wednesday, and 202 deaths compared with 217 in the previous 24 hours. ( read original story ...)
‘Financial institutions are losing patience’ with Hong Kong, admits Lam
Hong Kong’s leader has admitted today that the city’s controversial ‘Zero-Covid’ restrictions are blocking out businesses and wearing down its residents. ( read original story ...)
Hong Kong central bank raises interest rate after Fed move
The Hong Kong Monetary Authority (HKMA) on Thursday (Mar 17) raised its base rate charged through the overnight discount window by 25 basis points to 0.75 per cent, matching the size of a r ... ( read original story ...)
Hong Kong’s financial systems remain stable amid Fed rate hike, external uncertainties: HKMA
Hong Kong's financial systems and money markets have continued to operate in an orderly and smooth manner, said Eddie Yue, chief executive of the Hong Kong Monetary Authority (HKMA), on Thursday. The ... ( read original story ...)
Cathay Pacific’s new Boeing 777-9 first, business class in development
The Boeing 777-9 jets are still several years away, but Cathay’s next-gen suites and seats are already taking shape. ( read original story ...)
Hong Kong’s Lam mulls easing Covid rules as public tolerance ‘fading’
Hong Kong's leader said Thursday she was mulling easing some of the city's coronavirus restrictions due to waning public tolerance, but could not provide a roadmap out of the current Omicron-fuelled ... ( read original story ...)
Hong Kong Property Shares Continue to Rally After Policymakers’ Comments
By Anniek Bao Shares of Hong Kong-listed developers continued to rally on Thursday after positive comments from top Chinese policymakers. Leading the ... ( read original story ...)
Shoe Retailer Belle Is Said to Plan $1 Billion Hong Kong IPO
Belle Fashion Group is targeting to raise about $1 billion in its Hong Kong initial public offering, people familiar with the matter said, five years after private equity firms took China’s biggest ... ( read original story ...)
China Swiss IPOs as predictable as a cuckoo clock
Three mainland-listed firms, including $23 billion construction equipment maker Sany Heavy Industry , said they plan to sell shares in Zurich. The move fits with Beijing’s push to encourage more ... ( read original story ...)
Hong Kong’s Hang Seng index soars 5% as Asian stocks jump, with Japan’s Nikkei up around 3%
The U.S. Federal Reserve on Wednesday approved a 0.25 percentage point rate hike, the first increase since Dec. 2018. ( read original story ...)
Eddie Yue: HK Banking System’s Liquidity Sufficient; HK Rates Likely to Lag Behind US Rates This Cycle
Responding to the U.S. Federal Reserve's decision to hike interest rates by 0.25%, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, expressed that the liquidity of the Hong Kong banking ... ( read original story ...)
Hong Kong leader to review COVID restrictions in coming days
Hong Kong leader Carrie Lam said on Thursday she would review COVID restrictions in coming days, as she understands people in the global financial centre are growing increasingly impatient with rules ... ( read original story ...)