The Hong Kong Monetary Authority bought US dollars to cap the gains of the city’s currency, the first such intervention since 2020.
Hong Kong March retail sales fall 3.5%
Hong Kong's retail sales by value fell by 3.5% in March from a year earlier, marking an 13th consecutive month of declines, government data showed on Friday.
Meitu founder buys Hong Kong’s Ginza-style building for US$84 million
Mike Cai Wensheng, the co-founder and chairman of Chinese selfie app Meitu, bought a 53,000 square foot commercial building in Hong Kong for HK$650 million (US$84 million), with plans to turn the ...
Hong Kong’s tax revenue jumps 10% fuelled partly by talent influx, property sales
Hong Kong’s tax revenues have increased by about 10 per cent in the past financial year, driven in part by the influx of talent among taxpayers and a boost in property transactions, according to ...
Hong Kong’s Airstar Bank completes cloud migration with Tencent
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HSBC sets up captive insurer in Hong Kong to support growth in Asia
Move will solidify Hong Kong’s position as a global leader in asset, wealth, and risk management, lender’s CEO in the city says.
Hong Kong police arrest family of pro-democracy activist, reports say
Anna Kwok's father and brother have been accused of helping the US-based pro-democracy activist with her finances, local media report.
Hong Kong’s economy accelerated in Q1 ahead of tariff storm
Hong Kong's economy grew in the first quarter by 3.1% from a year earlier, official advance estimates showed on Friday, expanding for a ninth quarter. That was a faster rate than the mean forecast of ...
Hong Kong’s GDP growth unexpectedly picks up amid tourism and export boom
HONG KONG] Hong Kong’s economy expanded at the fastest pace in more than a year, benefiting from a recovery in tourism and an export bump before US President Donald Trump’s drastic tariff hikes. Read ...
Hong Kong posts 3.1% growth, warns of trade war ‘risk’
Hong Kong's economy grew by 3.1 percent in the first quarter of the year, the city's government said Friday, though it warned US tariffs had heightened "downside risks" in the global economy. But ...
Hong Kong Q1 GDP expands 3.1% y/y, faster than forecast
Hong Kong's economy grew in the first quarter by 3.1% from a year earlier, official advance estimates showed on Friday, expanding for a ninth quarter.
Capital A Eyes Hong Kong IPO Amid Financial Restructuring
Capital A, parent of low-cost airline AirAsia, is exploring a listing on the Hong Kong Stock Exchange to access broader global capital markets. The move follows its ongoing recovery from financial ...
McKinsey Chief Speaks at Beijing Forum Hosted by China’s Government
McKinsey’s top executive, Bob Sternfels, quietly traveled to Beijing last month for a high-powered business conference during which Chinese officials wooed Western executives. Sternfels ...
Hong Kong’s robustness continues to strengthen its status as an international talent hub
Outreach initiatives to attract top professionals mark a critical step in the city’s strategy to enhance its competitiveness.