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Posted on 30/07/2024

Rich Hong Kong Families Sell Mansions at Discounts to Repay Debt

Some of Hong Kong’s wealthy families have been caught up in the city’s real estate slump after selling luxury homes and other properties at a loss to pay back loans.

Posted on 30/07/2024

Hong Kong Stocks: Country Garden Secures Six-Month Breather for Restructuring

Hong Kong-based developer Country Garden Holdings Co. (HK:2007) has secured a six-month breather in its liquidation case, allowing it more time to develop an offshore debt restructuring plan. A Hong Kong court has postponed the liquidation hearing until ...

Posted on 30/07/2024

Hong Kong’s New Patent Box Regime: A 5% Tax Concession for Qualified IP Income

In this article, we introduce the Patent Box Regime in Hong Kong and provide a comprehensive understanding for businesses and investors. DOING BUSINESS IN HONG KONG EXPLORE IN-DEPTH INVESTMENT AND BUSINESS GUIDES. Explore vital economic, geographic ...

Posted on 30/07/2024

Outrage after Hong Kong cosplayers dress as Hitler, Nazi soldiers at anime event

Online video shows Channel C host joining cosplayers in making Nazi salute at Ani-com and Games Hong Kong 2024 last Friday.

Posted on 30/07/2024

Hong Kong Eyes Bitcoin Reserves? Shocking Revelation from Legislative Council’s Johnny Ng!

Legislative Council's Johnny Ng Proposes BTC Integration In a groundbreaking move, Legislative Council member Johnny Ng has proposed integrating Bitcoin into Hong Kong's financial reserves. Meanwhile, ...

Posted on 30/07/2024

Hong Kong to create Bitcoin reserves? Legislative Council’s Johnny Ng says…

Hong Kong looks to include Bitcoin into its financial reserves. How will the move affect global crypto strategies?

Posted on 30/07/2024

Hong Kong businesses and other organisations sign 12 non-binding deals with Laos

City leader John Lee meets Laos Prime Minister Sonexay Siphandone and foreign minister Saleumxay Kommasith on second day in Vientiane.

Posted on 30/07/2024

5 years after China’s crackdown on democracy, “the Hong Kong we used to know is gone”

Five years after Hong Kong saw what's believed to be the biggest pro-democracy, anti-China protests in its history, Beijing and Hong Kong have enacted laws that make any action or word critical of the ...

Posted on 29/07/2024

Shenzhen government to raise US$964 million with ‘dim sum’ bond issue in Hong Kong

Timing and other details will be announced later, but the Shenzhen government on Monday announced the appointment of 29 banks as underwriters of the bond offerings, including all three note-issuing ...

Posted on 29/07/2024

{I-bank focus}HSBC raises Sunny Optical (02382) to HKD47.1

Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such ...

Posted on 29/07/2024

5 years later, “the Hong Kong we used to know is gone”

Five years after massive pro-democracy protests in Hong Kong drew a stern reaction from Beijing, one Hong Konger says it's become a "a police state." ...

Posted on 29/07/2024

As mainland China broadens yuan’s global appeal, Hong Kong may play larger role

With geopolitics making overseas use of the yuan more common, a professor has said the time is now for Hong Kong to have a greater role in the currency’s offshore settlement.

Posted on 29/07/2024

Hong Kong’s New World secures two yuan loans to lower funding costs, source says

By Clare Jim HONG KONG (Reuters) -Hong Kong property developer New World Development this month secured two onshore loans totalling 1.4 billion yuan ($193 million) as it seeks to further lower funding costs,

Posted on 29/07/2024

Hong Kong retail: Prada to open 8,000 sq ft store in K11 Musea after years of downsizing

Prada added 3.4 per cent to HK$55.15. Global luxury brands are increasingly returning to Hong Kong’s core business districts, attracted by property prices that are much lower than pre-pandemic levels.

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