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Posted on 07/10/2024

Hong Kong gov’t seeking alternatives to ex-leader Carrie Lam’s HK$9.17m office ahead of lease expiry next year

The Hong Kong government is seeking alternative sites for the multi-million dollar taxpayer-funded office of former chief executive Carrie Lam ahead of the expiry of its lease next May. Earlier this ...

Posted on 07/10/2024

Hong Kong’s Hang Seng Index hits 32-month high as Citi, Goldman back Chinese stocks

The bank has raised its target for Hang Seng Index by 24 ... implying a 15 to 18 per cent return. Hong Kong’s benchmark Hang Seng Index has rallied more than 24 per cent since China unleashed its ...

Posted on 07/10/2024

Hong Kong stock market continues to rally, rising 1.15% on Monday morning

VCG. The Hong Kong stock market extended its three-week rally on Monday, reaching a two-and-a-half-year high in the morning session, buoyed by the lates ...

Posted on 07/10/2024

HSBC sees 6 US rate cuts until June 2025 in boon for Hong Kong’s economy and investments

Lower rates will benefit the city's economic recovery, but there has been no immediate increase in demand for loans, HSBC Hong Kong CEO Luanne Lim says HSBC, the city's biggest lender, expects six ...

Posted on 07/10/2024

How Hong Kong’s next generation of ethnic minority lawyers is beating stereotypes

Lack of diversity in legal sector is driving two young members of ethnic minority groups to inspire others to practise law.

Posted on 07/10/2024

Deep Dive: Why Hong Kong’s small and medium-sized enterprises are struggling to survive

Hongkongers and mainland Chinese tourists are spending their money elsewhere, as SMEs grapple with the continued impact of the pandemic.

Posted on 07/10/2024

Spark Deep Dive: Why Hong Kong’s small and medium-sized businesses are in trouble

Many SMEs do not have enough money to operate, and they are losing customers and investors. Deep Dive delves into hot issues in Hong Kong and mainland China. Our easy-to-read articles provide context ...

Posted on 07/10/2024

India to Singapore, HK: Uber rich shift $235 bn to offshore family offices

Hong Kong ranked fourth with $70 billion in transferred assets to Singapore; the rest of Asia collectively parked over $370 billion in the island nation.

Posted on 06/10/2024

Hong Kong to welcome 10 more strategic firms, with focus on AI, big data: Paul Chan

Finance minister says latest batch of firms attracted under government initiative are from mainland China, US and Europe More than 10 companies in strategic sectors such as artificial intelligence (AI ...

Posted on 06/10/2024

Hong Kong property prices have ‘bottomed out’ and will ‘rebound slowly’, sector leader says

Recent strength in stock market can help drive economic recovery and boost property sector, head of developers' association says Hong Kong property prices have bottomed out and will begin to rise ...

Posted on 06/10/2024

Hong Kong investors turn to Japan’s hotels as funds, tourists soar to record high

Japan’s low interest rates and booming tourism are attracting investors like the Chiu family and Dorsett Hospitality International.

Posted on 06/10/2024

Hong Kong developer Lai Sun’s Yuen Long project a sell-out as buyers regain confidence

Buyers flock to Lai Sun’s The Parkland in Yuen Long, snapping up nearly all units amid rate cuts and stock market gains, boosting market confidence.

Posted on 06/10/2024

Hong Kong virtual banks struggle to turn profits after four years

In the four years since they began operating, Hong Kong's eight virtual banks have yet to become consistently profitable as they struggle with a low volume of transactions. While one says it is ...

Posted on 06/10/2024

Kazakhstani envoy eyes stock exchange link-up with Hong Kong under belt and road plan

Almas Seitakynov, Kazakhstan's top envoy to Hong Kong, says two economies should become 'key hubs' for trade linking Southern Europe and Asia This is the sixth in a series of interviews with consuls ...

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