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Posted on 16/11/2024

Hong Kong’s Q3 GDP expands by 1.8% y/y, 2024 growth forecast revised to 2.5%

Hong Kong's economy expanded by 1.8% in the third quarter from a year earlier, the government said on Friday, adding that it should continue to grow for the remainder of the year, although at a ...

Posted on 16/11/2024

Hong Kong Targets Fraudulent Crypto Firms Posing as Banks

HKMA warns against crypto firms misusing 'bank' term, enforcing strict regulations to protect consumers in Hong Kong.

Posted on 16/11/2024

Hong Kong to issue HK$20 billion retail infrastructure bond, the second in 2 months

The bond, which have a tenor of three years, will provide assured returns of 3.5 per cent to be paid every six months.

Posted on 16/11/2024

Romantic Warrior in action in Hong Kong weekend horse racing

The cream of the weekend horse racing action is in Asia with Japan hosting one of the world's top milers and Hong Kong's best, including Romantic Warrior, prepping for December's influx of top-level ...

Posted on 16/11/2024

Hong Kong to prioritise local labour, minister says, despite recent shortage forecast

Labour chief Chris Sun also says encouraging young people to work in Greater Bay Area will not exacerbate manpower shortage.

Posted on 15/11/2024

Urban areas are getting hotter. A startup from one of the world’s hottest cities wants to help

Climate change is impacting urban areas especially hard, but FortyGuard believes data can help efforts to cool cities down.

Posted on 15/11/2024

Hong Kong power firms vow HK$310 million of relief measures before Legco meeting on prices

Hong Kong’s two power companies have unveiled relief measures worth more than HK$310 million (US$39.8 million) for consumers before a meeting in the legislature to discuss their prices, with some ...

Posted on 15/11/2024

4 of 15 Hong Kong restaurant chains refuse diners’ request to use own containers for takeaway

Consumer watchdog staff pose as patrons to test willingness of 15 chain restaurants to package takeaway in containers they brought with them.

Posted on 15/11/2024

Hong Kong warns against crypto firms misrepresenting as ‘bank’

The Hong Kong Monetary Authority (HKMA) warned its citizens that overseas crypto companies are misusing the word “bank” to improve their trust quotient. On Nov. 15, Hong Kong’s central bank warned the ...

Posted on 15/11/2024

Hong Kong aims for net-zero shipping emissions by 2050 with green fuel initiative

To achieve the goals, Hong Kong will establish an incentive scheme to encourage companies who start green fuel bunkering business, subsidise green transformation of vessels and tr ...

Posted on 15/11/2024

Hong Kong leader John Lee greets Chinese President Xi Jinping in Peru ahead of Apec summit

Hong Kong’s leader has welcomed Chinese President Xi Jinping upon his arrival in Peru, as the pair prepare to attend the Asia-Pacific Economic Cooperation (Apec) summit in the capital of the South ...

Posted on 15/11/2024

Hong Kong stocks halt 5-day slide as China’s retail sales rise by most in 8 months

Retail sales growth of 4.8 per cent in October raises hopes that stimulus measures could be arresting a slowdown in economic growth.

Posted on 15/11/2024

Hong Kong downgrades full-year GDP growth forecast to 2.5%, after weak third quarter

Hong Kong’s economic growth forecast for 2024 has been downgraded to 2.5 per cent after a weaker-than-expected third quarter expansion of 1.8 per cent year on year. The latest official data released on Friday showed the full-year forecast was at the lowest point of the government’s previous range of between 2.

Posted on 15/11/2024

Oversold Hang Seng Nonetheless Called Lower Again

The Hong Kong stock market has moved lower in five straight sessions, slumping more than 1,600 points or 7.6 percent along the way.

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