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Posted on 19/10/2024

Hong Kong stock losses extend to 3 days as investors await stimulus details

Chinese developers surge in advance of housing ministry briefing, while Hong Kong property stocks rise on policy to raise borrowing limit.

Posted on 19/10/2024

HK Leader May Focus on Economy, Liquor Tax Cut in Speech

Hong Kong’s leader will make bolstering the economy a priority in an annual speech this week, using it to lay out an agenda that includes a potential cut to a liquor tax and possible measures to ...

Posted on 19/10/2024

Hong Kong leader eyes resumption of multi-entry visas for Shenzhen residents, scheme expansion

City leader says measure will boost tourism and business exchanges, and may be expanded to cover visitors from more mainland cities.

Posted on 19/10/2024

Hong Kong’s long-serving markets regulator Keith Choy said to leave

The senior director of the Intermediaries Supervision Department, will leave the Securities and Futures Commission after 26 years, according to sources.

Posted on 19/10/2024

Beijing urges HSBC Group to keep backing mainland China and Hong Kong’s development push

Xia Baolong, Beijing’s point man on Hong Kong affairs, issues call in meeting with HSBC Group chairman Mark Tucker in nation’s capital.

Posted on 19/10/2024

Hong Kong’s Long-Serving Markets Regulator Choy Said to Leave

Hong Kong is losing one of its longest-serving markets regulators as Keith Choy prepares to step down, according to people familiar with the matter.

Posted on 19/10/2024

Hong Kong police investigating after motorcyclist crashes into stopped vehicle and dies

Service vehicle was stopped less than 100 metres (330 feet) behind taxi on Lantau Link when accident occurred.

Posted on 19/10/2024

Hong Kong aims to attract 10,000 young, skilled technicians using ‘new channels’

Hong Kong is facing a shortage of 60,000 skilled technicians but government wants to strike a balance and give locals a chance, labour chief says.

Posted on 19/10/2024

China Market Update: President Xi, People’s Bank Of China, And China Securities Regulatory Commission Trigger Rally, Week In Review

Asian equities were higher overnight as Hong Kong and Mainland China outperformed while South Korea underperformed.

Posted on 19/10/2024

Hong Kong to quicken IPO vetting process to boost city’s allure as fundraising venue

New time frame for processing IPO applications will add clarity and transparency, and potentially save costs for candidates, experts say.

Posted on 18/10/2024

9 monkeys who died in Hong Kong’s zoo in 2 days had been infected with melioidosis, officials say

Nine monkeys who died in Hong Kong’s oldest zoo in two days this week had been infected with an endemic disease, possibly after some digging work near their cages, officials said on Friday ...

Posted on 18/10/2024

Hong Kong Pledges to Shrink IPO Vetting to About 100 Days

Hong Kong pledged to vet and debut companies in about 100 days in a bid to guarantee a set time frame for initial public offering applicants.

Posted on 18/10/2024

Hong Kong’s July-September unemployment rate holds steady at 3%

Hong Kong's seasonally adjusted unemployment rate stood at 3% in July-September, unchanged from the previous three-month period, the government said on Friday.

Posted on 18/10/2024

Hong Kong’s easing of mortgage restrictions aims to return market to ‘normality’: Paul Chan

Finance chief also says relaxation of cash-for-residency scheme will not ‘disturb’ market after change to include luxury home purchases.

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