Real estate is overheating while residents get gouged at the grocery store. Leader Carrie Lam wants to increase housing supply but has propped up home prices and left elite monopolies alone. So far ... ( read original story ...)
Hong Kong’s national security work far from over, Lam says, pointing to need for Article 23 and fresh education push
Hong Kong has made progress in safeguarding national security but the to-do list on this front remains “substantial”, the city leader has said, stressing the need to pass local legislation on the ... ( read original story ...)
HSBC HK: Further Expansion of RMB Products in HK to Be Welcomed by Onshore & Offshore Investors, Corporates
Luanne Lim, Acting Chief Executive Officer at HSBC HK, expressed that, as the largest offshore RMB center in the world, Hong Kong has been constantly pushing forward the internationalization of RMB ... ( read original story ...)
RBC continues to strengthen private banking team in Hong Kong
Fenny Chan and Angela Chow are the latest Directors to join RBC Wealth Management’s private banking team to support high-net-worth and ultra-high-net-worth clients in the region. They will focus on ... ( read original story ...)
Hong Kong leader unveils metropolis plan at ‘new start’ for development
Hong Kong is at a new start for development under a national security law imposed last year, leader Carrie Lam said on Wednesday as she unveiled plans for tackling a long-standing housing shortage in ... ( read original story ...)
Hong Kong’s leader says national security law has city ‘back on the right track’
According to Hong Kong's top leader, who was appointed by Beijing, the city has entered a "favorable era" for Hong Kong to plan for its future. ( read original story ...)
Hong Kong to build mega-courtroom for cases with many defendants
Hong Kong is planning to set up a "mega-courtroom" to handle cases involving multiple defendants after thousands of arrests since mass protests in 2019 strained the Asian financial hub's courts.. Read ... ( read original story ...)
Carrie Lam unveils new measures to reinforce Hong Kong’s financial strengths
... Kong Special Administrative Region Carrie Lam unveiled Wednesday an array of new measures to reinforce Hong Kong's status as a global financial hub, including improving the listing regime of the ... ( read original story ...)
Axis Bank Limited, Hong Kong Branch — Moody’s affirms ratings and changes outlook to stable on 9 Indian banks, following sovereign rating action
Moody's affirms ratings and changes outlook to stable on 9 Indian banks, following sovereign rating actionRead the full article at ... ( read original story ...)
Facing social unrest, Hong Kong looks to build more housing
Land-starved Hong Kong plans to build more affordable housing in response to public demands that have fueled social unrest. Chief Executive Carrie Lam announced a major development project Wednesday ... ( read original story ...)
Hong Kong Plans Massive City on China Border as Cure for Unrest
Hong Kong’s leader outlined plans for a massive urban development on the border with China that appeared designed both to ease the world’s most expensive housing market and prove her own loyalty to ... ( read original story ...)
Hong Kong’s Massive Land Reform Unlikely to Tame Prices for Now
Hong Kong’s latest ambitious policies to increase land supply are unlikely to make a dent in the city’s home prices for now. ( read original story ...)
Hong Kong dreams too big on SPACs
Hong Kong’s leader Carrie Lam has given a boost to the city’s consultation on U.S.-style special-purpose acquisition companies. She flagged the plans for them in her annual policy address on Wednesday ... ( read original story ...)
MicroTech Medical tests appetite for HK$2bn IPO
Co’s Hong Kong IPO, as the company targets a HK$13.19bn ($1.69bn) valuation. Mainland-based MicroTech manufactures medical devices for diabetes management. Founded in 2011, the company began selling ... ( read original story ...)