Hong Kong stocks recoup some of Wednesday’s steep losses as traders see limited impact from the first stock stamp-duty hike since 1993. Most markets in the region advanced as the Fed plays down ... ( read original story ...)
Hong Kong finance chief says HK$5,000 vouchers can be for wet markets and restaurants, vows to prevent misuse
A day after unveiling plan in his budget address, Paul Chan notes pandemic funds already in place to help market stalls upgrade to accept Octopus cards. ( read original story ...)
Greater Bay Airlines files application, routes include Hong Kong and Guam
Guam can soon expect routes to Hong Kong through Greater Bay Airlines, according to an Guam International Airport Authority meeting Thursday. Founded by Hong Kong property tycoon Bill Wong, the ... ( read original story ...)
Innovation, not low costs, will energise Hong Kong stock market, finance chief says in defending tax increase
Paul Chan cites sheer volume of mainland securities traded on HKEX in arguing the city’s primary competitor is China. ( read original story ...)
Number of Hong Kong residents moving to Taiwan nearly doubles in 2020
Wave of migration comes amid worsening crackdown on freedoms following the introduction of Beijing’s national security law ... ( read original story ...)
Hong Kong plans to hike stamp duty on stock trading
The increase in trading tax would help Hong Kong's government to raise some revenue to narrow its budget deficit, says John Timpany of KPMG China. ( read original story ...)
Expect Hong Kong market to make further gains later this year, says Goldman Sachs
Timothy Moe of Goldman Sachs says the recent announcement of a tax hike on share trading in Hong Kong likely served as a "convenient catalyst for a market that had done very, very well." ... ( read original story ...)
Tencent-Backed WeDoctor’s Hong Kong IPO Looms With Valuation Near $7 Billion
WeDoctor is planning to file for an initial public offering in Hong Kong as soon as next month after fetching a valuation of $6.8 billion in its latest funding round, according to people familiar with ... ( read original story ...)
Mainland China, Hong Kong shares rebound; property stocks jump
Mainland China and Hong Kong shares rose on Thursday, as a strong show by property firms helped the markets recover from a sharp drop in the previous session, while investors digested news about Hong ... ( read original story ...)
Hong Kong’s Lesson to Schoolchildren: Love China, No Questions Asked
Through new lesson plans and expensive publishing projects, the government hopes to teach future generations a curated lesson about the city’s past. ( read original story ...)
High-profile Hong Kong activists face trial as China tightens grip on democracy
Last week, nine high-profile Hong Kong democracy activists went on trial on charges related to the 2019 mass protest movement there.Why it matters: The trial is another step in Beijing's heavy-handed ... ( read original story ...)
HK finance chief unveils $20.4 billion plan to stabilise economy as deficit peaks
Counter-cyclical measures include spending vouchers of HK$5,000 for each resident.. Read more at straitstimes.com. ( read original story ...)
If Canada wants to take on China, condemning its treatment of Uighurs is a sensible first step
China’s might makes it invulnerable, but its pride does not leave it impervious to sustained and strategic political pressure, Martin Regg Cohn ... ( read original story ...)
Plant-based food startup Next Gen lands $10M seed round from investors including Temasek
This is the first time the startup has taken external investment ... the Prive Group, 28 HongKong Street, Bayswater Kitchen and The Goodburger. Over the next year or two, Next Gen plans to ... ( read original story ...)