Minimum wage for foreign domestic workers to remain at HK$4,630 a month following annual government review, though food allowance is increasing. ( read original story ...)
From hero to zero: Why Hong Kong equity performance is the weakest in Asia?
Hong Kong stocks have gone from hero to zero with seemingly endless waves of regulations. Back in January 2021, Hong Kong was indeed the best performing Asian market. ( read original story ...)
Mox failure in Hong Kong highlights need to resonate with customers, says GlobalData
Mox Bank Limited (Mox), a virtual bank created by Standard Chartered in partnership with PCCW, HKT and Trip.com, failed to make a mark in the Hong Kong banking market. The failure highlights that the ... ( read original story ...)
China Pledges to Continue ‘One Country, Two Systems’ Policy Amid Hong Kong Crackdown
"We will continue to fully and faithfully the principles of 'one country, two systems' ... and maintain long-term prosperity and stability," Li Keqiang said. ( read original story ...)
Refugees who sheltered Edward Snowden in Hong Kong are granted asylum in Canada
The Sri Lankan family is part of a group that let the former N.S.A. contractor stay with them as he fled U.S. espionage charges. ( read original story ...)
Abbisko taps Hong Kong IPO market for $225m
Biopharmaceutical firm Abbisko kicked off bookbuilding for its Hong Kong IPO on Thursday, aiming to raise HK$1.75bn ($225.2m). The Shanghai-based company specialises in the discovery and development ... ( read original story ...)
Hong Kong shares dragged down by tech sell-off on planned algorithm rules
Hong Kong shares ended lower on Thursday, dragged down by tech stocks after China said it would set up governance rules for algorithms in around three years. ( read original story ...)
Hong Kong retail sales surge 11.9 per cent in August, following launch of HK$5,000 e-voucher scheme
Government attributes scale of the increase to its digital voucher scheme, a HK$36 billion drive to stimulate local spending which launched at start of August Hong Kong’s retail sales shot up 11.9 per ... ( read original story ...)
Hong Kong retail sales rise for 7th month, consumption voucher to support sentiment
Hong Kong's retail sales climbed for the seventh straight month in August, helped by a stabilising COVID-19 situation, an improved labour market and economic recovery and thanks to a boost from a ... ( read original story ...)
Hong Kong seeks to resurrect legislation to further crush dissent
Article 23, shelved in 2003, may target foreign organisations and bans ‘subversion’ against Chinese government ... ( read original story ...)
Online Tiananmen museum is blocked in Hong Kong as Internet curbs widen
Authorities are determined to erase memories of China’s 1989 crackdown on students and others calling for democracy. ( read original story ...)
Hong Kong: Passage of fund bills welcomed
He said the two bills’ passage would spur the rapid development of Hong Kong’s asset and wealth management business. The amended ordinances establish new fund re-domiciliation mechanisms for existing ... ( read original story ...)
Hong Kong developer to research how to tackle chronic housing shortage
Hong Kong property developer New World Development said on Thursday it would launch a research project to tackle a chronic housing shortage and sky-high home prices in one of the world's most ... ( read original story ...)
Hong Kong Convention Ambassadors’ Tech Event Wins Underline the City’s Position as a Pivotal I&T Hub
Further to the announcement on the return of RISE, one of Asia’s largest tech conferences, in March 2022, Hong Kong also recently secured two major technology events to be held next year – the very ... ( read original story ...)