Chabaidao’s revenue grew 34.8% to 5.7 billion yuan in 2023, as the company has been consistently profitable over the last three years The premium tea chain operator plans to keep growing through ...
Hong Kong budget 2024-25: innovation sector gets HK$24 billion investment boost to drive tech economy
Financial Secretary Paul Chan announces raft of innovation and technology initiatives with various funding schemes to foster vibrant and diversified economy One key budget initiative is launch of ...
Hong Kong finance chief offers budget to restore city’s fiscal health, look for new revenues and growth while axing property curbs in surprise move
Financial Secretary Paul Chan surprises market by going for a complete removal of all property cooling measures with immediate effect Chan also introduces a more targeted tax for the rich, in line ...
Hong Kong budget 2024-25: Paul Chan is proposing a new income tax threshold. But which high earners are set to foot the bill?
City leader John Lee is the only government official set to contribute extra to public coffers under finance chief's plan to introduce two-tiered standard rates tax regime MTR Corp executives, finance ...
As it happened: Hong Kong budget – all property curbs scrapped by finance chief Paul Chan in radical bid to boost ailing market
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Hong Kong Property Market Stamps Duty Cuts Spark Recovery Optimism
Stocks of Hong Kong developers surged after Financial Secretary Paul Chan decided to abolish property cooling measures to revitalize the sector, which has been burdened by elevated borrowing costs and ...
Paul Chan says Hong Kong will improve tax breaks, step up charm offensive to attract more foreign funds and family offices
Hong Kong will enhance several measures aimed at attracting foreign funds and family offices, and host more financial conferences to improve the city’s ‘branding’ and economic appeal, Financial ...
Concerns of media censorship mount as Hong Kong moves to enact new national security law
Hong Kong is poised to enact a new national security law, four years after Beijing imposed a similar law that stifled pro-democracy media. Concerns are rising among the international business and ...
Hong Kong relaxes decade-old lending curbs, granting more mortgages to homebuyers and offices to bolster city’s ailing property market
Hong Kong's monetary authority has relaxed the city's decade-old lending curbs, granting more mortgage borrowing to homebuyers, rental property and offices, after high interest rates turned the city's ...
Hong Kong scraps property taxes to revive sluggish market
The Hong Kong Monetary Authority also relaxed mortgage rules on Wednesday, allowing homebuyers to borrow more, and eased an income-related stress test. Louis Chan of Centaline Property Agency told AFP ...
{Short Sales}Full-day T/O at HK$17bn, or 15% of Total
HK$107.02 billion, with short-sales accounting for HK$16.58 billion, or 15.49% of the market's turnover. There were 667 short-selling stocks. TRACKER FUND (02800) and HSBC HOLDINGS (00005) saw higher ...
Hong Kong Budget 2024: Finance chief asks for ‘understanding’ over lack of sweeteners
Hong Kong’s finance chief has asked for the public’s “understanding” over a lack of sweeteners in this year’s budget, as a lawmaker said he was disappointed that the annual speech did not address ...
Hong Kong’s plan for a new national security law deepens fears over eroding civil liberties
As Hong Kong moves toward enacting a new national security law, more than three years after Beijing imposed a similar law that all but wiped out dissent and vocal pro-democracy media in the ...
Hong Kong scraps decade-old property restrictions to boost flagging economy
Hong Kong has announced a slew of measures to boost its real estate sector, including the removal of decade-old restrictions that were introduced to prevent a property bubble, as part of its effort to ...