Hong Kong launched a new round of financial handouts as the city struggles to contain China’s biggest outbreak of coronavirus since the start of the pandemic, even as economists warned the city’s zero ... ( read original story ...)
H.K. Toughens Mask Mandate; HSBC Bankers Grounded: Virus Update
Hong Kong will expand mask-wearing to all public places, including in parks and during outdoor exercise, as its latest outbreak worsens. Londoners, by contrast, will no longer be required to wear face ... ( read original story ...)
Hong Kong’s rents deferment plan for certain SMEs only a short-term solution, industry observers say
The government should clarify whether rents could be paid in instalments after the deferral period, if business continued to be bad, industry body executive says HSBC and Hang Seng Bank vow to help ... ( read original story ...)
HSBC Will Temporarily Shut Down Its Hong Kong Branches from 5 March
Hong Kong is suffering from severe rise of covid-19 infections. Major banks in the country announced that they will temporarily close from 5 March, ... ( read original story ...)
Here are the Winning and Losing Shares From Hong Kong’s Budget
Hong Kong’s retailers and financial firms may benefit from the city’s annual budget, which includes pandemic relief measures like consumption vouchers and more investment schemes to connect with the ... ( read original story ...)
In full: Hong Kong Budget 2022
Financial Secretary Paul Chan has delivered the 2022 Hong Kong budget. HKFP’s coverage in full: ・HK$10,000 consumption vouchers for all ・Gov’t pledges over HK$54b to fight Covid-19 ‘on all fronts and ... ( read original story ...)
HSBC Shuts More H.K. Branches, Plans to Close All on Saturdays
HSBC Holdings Plc said it will be closing all of its retail branches in Hong Kong temporarily on Saturdays starting from March 5 as the Asian financial hub scrambles to contain its worst wave of Covid ... ( read original story ...)
Hong Kong unveils US$22 billion Budget to offer COVID-19 relief with tax breaks, handouts
Hong Kong will offer tax breaks, handouts and subsidies to small businesses and residents, to mitigate the impact of a new wave of social restrictions to curb COVID-19 infections, Finance Secretary ... ( read original story ...)
Hong Kong Unveils $22 Bn Budget For Virus Plagued Economy
Hong Kong's finance chief on Wednesday unveiled a costly HK$170 billion ($21.79 billion) budget, including tax breaks and consumer spending vouchers, as the city reels under its worst coronavirus ... ( read original story ...)
Hong Kong budget proposals offer COVID relief with tax breaks, handouts
Hong Kong will offer tax breaks, handouts and subsidies to small businesses and residents, to mitigate the impact of a new wave of social restrictions to curb COVID-19 infections, Finance Secretary ... ( read original story ...)
Hong Kong Budget: ‘Not optimistic’ – Economic rebound surpassed global growth last year, but will worsen under Covid
The outlook for Hong Kong’s economy in the first quarter of 2022 does not appear to be optimistic as consumption-related sectors come under “intense pressure” during the fifth Covid-19 wave, the ... ( read original story ...)
Hong Kong’s real GDP expected to grow 2%-3.5% in 2022, financial secretary says
Hong Kong's economy is expected to grow 2%-3.5% in real terms this year, the city's financial secretary said, as the Asian financial hub faces its ... ( read original story ...)
Hong Kong economy expected to grow 2.0per cent-3.5per cent in 2022- finance sec
Hong Kong's economy is expected to grow 2.0per cent to 3.5per cent this year after expanding 6.4per cent in 2021, as social restrictions to tackle a growing COVID-19 outbreak are expected to curb ... ( read original story ...)
Hong Kong budget for fiscal 2022/23
The following are highlights of Hong Kong's budget for the 2022/23 fiscal year starting in April. The budget was presented by Financial Secretary Paul Chan on Wednesday. KEY FIGURES * ... ( read original story ...)