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Posted on 09/09/2024

US warns of business risks in Hong Kong linked to nat. security laws, as city says claims ‘false, baseless’

Hong Kong has rebutted American claims about increasing business risks in the city after the US warned that all companies and individuals in the city are “are subject to the broad and vague provisions ...

Posted on 09/09/2024

China Renaissance Falls 72% as Trading Resumes in Hong Kong

China Renaissance Holdings Ltd.’s shares slid 72% after resuming trading in Hong Kong, about 17 months after its stock was suspended following the detention of its former Chairman Bao Fan.

Posted on 09/09/2024

Hong Kong is trying to lure travellers from elsewhere beyond the mainland. Who else is on its wishlist?

From religious sites, halal food to the MICE sector - the Hong Kong government is promoting all these and more as it looks to attract visitors beyond the mainland and bolster a pandemic-battered ...

Posted on 09/09/2024

China’s Midea Group launches $3.5 billion share offering in Hong Kong

By Scott Murdoch (Reuters) -Chinese home appliance maker Midea Group on Monday launched a share offering of about HK$26.97 billion ($3.46 billion) in Hong Kong, according to its filings, in the city's ...

Posted on 09/09/2024

US warning on Hong Kong won’t hurt city as firms favour ‘profits over politics’: observers

Updated advisory has warned of heightened risks for companies operating in Hong Kong, but limited impact expected on the ground.

Posted on 09/09/2024

Hong Kong racing season off to flying start, with best opening day since pandemic struck

Hong Kong’s horse racing season got off to a flying start on Sunday, drawing the largest opening-day crowd to the Sha Tin course since the pandemic struck with punters wagering HK$1.31 billion.

Posted on 08/09/2024

Opinion | To buy or not to buy in Hong Kong’s volatile property market?

I didn’t panic when my house was worth HK$5 million and I didn’t celebrate at HK$50 million. This concrete box is my home.

Posted on 08/09/2024

Hong Kong officials investigate alleged sexual assault by teacher on 16-year-old student

School has submitted report to government over alleged assault two years ago after accusations posted to social media.

Posted on 08/09/2024

Hong Kong’s ZA Bank achieves monthly net profitability

The bank has over 800,000 users in the city. ZA Bank, one of Hong Kong’s digital banks, has reached monthly net profitability four years after its launch. This makes it the first of Hong Kong’s eight ...

Posted on 08/09/2024

Singapore, Hong Kong banks tap APAC family office boom

They can help manage costs, which could balloon to 3% of assets. Banks and insurers in Singapore and Hong Kong are sitting on a billion-dollar potential from the growing family office sector in the ...

Posted on 08/09/2024

Hong Kong to ramp up promotion of coming mega events to help boost economy, Paul Chan says

Financial Secretary Paul Chan says mega events will give business travellers sightseeing opportunities as they head to international summits.

Posted on 08/09/2024

Villagers reluctant to say goodbye to one of Hong Kong’s last squatter settlements

The ongoing demolition of the Cha Kwo Ling village, set to enter its final phase in 2025, is erasing one of Hong Kong’s last remaining squatter villages, making way for public housing. This settlement ...

Posted on 08/09/2024

‘Top medical firms interested in coming to Hong Kong’

Financial Secretary Paul Chan on Sunday said Hong Kong's continued development in innovation and technology is attracting the attention of the ...

Posted on 08/09/2024

Hong Kong’s student housing boom sees investors snap up assets as rents soar

Investors are converting discounted properties into student accommodation in Hong Kong, eyeing high demand and potential for growth.

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