Hong Kong’s mounting fiscal pressures and the need for foreign investment inflows are forcing the city to confront economic realities. Chinese IPOs, tourism and events, are some of the bright spots ...
Hong Kong to ease asset requirements in cash-for-residency scheme
Authorities also say investments made through family-owned investment holding vehicles will count towards scheme requirements.
HK breast milk bank ‘has success in recruiting donors’
The Hong Kong Breast Milk Bank said on Tuesday it is making good progress in recruiting donors. The milk bank's director, Rosanna Wong, said it has ...
Asian Financial Forum to be held in HK next week
More than 3,600 global finance and business figures will attend the annual Asian Financial Forum (AFF) which is set to kick off in Hong Kong next ...
Hong Kong’s Paul Chan on Indonesia mission as city’s firms eye huge market
Financial secretary has arrived in Jakarta with a business delegation to promote Hong Kong’s advantages to local companies.
Hong Kong to offer just 1 land plot this quarter amid developer caution
The plan for the Tung Chung site has been revised to allow for 745 flats following an unsuccessful tender in 2023.
Hong Kong’s ambitious plan to build 3 artificial islands set for another delay
Development chief refuses to set starting date for reclamation work for HK$580 billion project as government grapples with ballooning deficit.
Hong Kong: Man creates clay toys despite missing both hands in Jordan, Hong Kong
Kowloon, Hong Kong - October 21, 2024 On October 21, 2024, in Jordan, Hong Kong, @sugarhighstonedd shared a video of a handicapped man making toys out of clay. In the video, he is seen taking clay from a drawer before beginning to mold it.
Christopher Hui: HK Mkt Turns Around in 2H24, Ranking 4th Globally in IPO Fundraising
Christopher Hui, Hong Kong's Secretary for Financial Services and the Treasury, said that with the atmosphere in Hong Kong's asset market significantly improving in 2H24, the city ranked fourth ...
Hong Kong eases requirements for investors under new investment attraction scheme
The HKSAR government also shortened the period of time an applicant is required to possess no less than HK$30 million ($3.86 million) worth of net assets or equity from two years to six months ...
Hong Kong eases investment thresholds to attract family offices
HONG KONG – Hong Kong is easing the requirement of its capital investment entrant scheme, bolstering efforts to attract family offices and lift the city’s status as a global wealth hub.
Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.
Tencent, Li Auto drag Hong Kong stocks to 1-month low on US-China geopolitical concerns
The Department of Defense added dozens of firms as ‘Chinese military entities’ in register on January 7, stoking steep stock losses.
Hong Kong budget deficit to be just under US$13bil
Hong Kong’s deficit for this fiscal year is expected to be just below HK$100bil or about US$13bil, the city’s finance chief says.