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Posted on 05/03/2024

Hong Kong Private Sector Slumps In February – S&P Global

New business placed at Hong Kong SAR private sector firms decreased for a second straight month in February and at the fastest rate since last September. Likewise, new orders from abroad and mainland ...

Posted on 05/03/2024

Mainland Chinese buyers thronging to Hong Kong property sales in search of returns after removal of curbs, industry insiders say

The removal of all property sector cooling curbs in Hong Kong has sparked immediate interest among mainland Chinese buyers, who still perceive real estate in the city as a lucrative investment option ...

Posted on 05/03/2024

Future operator of Hong Kong’s first ‘light public housing’ flats will be paid less if occupancy rate falls below 85%

Undersecretary for Housing Victor Tai says occupancy rate among key performance indicators for city’s first 2,100 ‘light public housing’ flats in Yuen Long.

Posted on 05/03/2024

Hong Kong police launch attempted murder-suicide probe after father and son, 7, plunge from city shopping centre

Attempted murder-suicide probe launched after father, 58, and boy, 7, plunge from shopping centre in Kowloon City.

Posted on 05/03/2024

Hong Kong Stocks: Baidu in the Limelight Post Q4 Beat

BIDU stock rose over 2% this morning in Hong Kong listing but has lost over 5% in the past five trading sessions. The company’s exorbitant spending on generative artificial intelligence (AI) has eaten ...

Posted on 05/03/2024

Hong Kong Law Firms Cut Office Space in Blow to Business Hub

Deacons, the city’s oldest law firm, is cutting one floor in Alexandra House, a premium office building in Hong Kong’s business district of Central, according to people familiar with the matter, who ...

Posted on 05/03/2024

Hong Kong government hits out at fugitive former lawmaker Ted Hui after Facebook call to add police and legal figures to US sanctions list

Government accuses Ted Hui of ‘doxxing’ and ‘collusion with foreign forces’ after he calls for city officials involved in his court cases to be added to US sanctions list.

Posted on 05/03/2024

IPO Roundup: Ryde Group, SolarJuice, and more

The IPO market is kicking off March with a few small issuers scheduled to price in the upcoming week and the possibility of bigger names, like Astera Labs (ALAB) and Reddit (RDDT), joining in later in ...

Posted on 05/03/2024

Hong Kong NGOs express concern over changes to subsidy allocation system to reward support for government

NGOs now scored on efforts to support official policies, such as events promoting national education, in change to Social Welfare Department funding allocation system.

Posted on 04/03/2024

Chinese battery giant CATL looks to set up R&D centres in Hong Kong to underpin technology exports

Chinese battery giant CATL is in discussions to set up research and development centres in Hong Kong to create new technologies that can be licensed abroad and within the industry, its chairman told ...

Posted on 04/03/2024

Factbox-National security trial of Hong Kong media tycoon Jimmy Lai: what’s happened so far

Hong Kong media tycoon and pro-democracy advocate Jimmy Lai is on trial accused of endangering China's national security. Lai, 76, has pleaded not guilty to two charges of conspiracy to collude with ...

Posted on 04/03/2024

Hong Kong must ‘decisively’ introduce Article 23 security law to end all ‘causes of chaos’: Beijing’s top intelligence agency

Country’s Ministry of State Security also accuses foreign politicians of having double standards by opposing coming national security law.

Posted on 04/03/2024

Hong Kong Law Firms Cut Office Space in New Blow to Business Hub

Hong Kong’s biggest law firms are rushing to reduce office space in prime locations, as they struggle with a dearth of mergers and acquisitions and initial public offerings amid an economic downturn.

Posted on 04/03/2024

Offshore firm Appleby makes banking hire in HK from Mourant

Offshore law firm Appleby has added banking and finance expert Lily Miao as a partner in its Hong Kong office from rival Mourant Ozannes, where she was a counsel.

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