Virtual banks, also called neobanks, primarily deliver retail banking services through the internet or other electronic channels instead of physical branches ... ( read original story ...)
Hong Kong’s HK$5,000 consumption voucher scheme will give private expenditure growth an extra boost, says finance chief
Private expenditure experienced a 1½-year contraction but continues to improve since the beginning of 2021, financial secretary says. ( read original story ...)
Hong Kong’s economy to improve with motherland’s support: HKSAR gov’t official
Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said on Sunday that Hong Kong's economy will continue to improve with the support of the motherland's ... ( read original story ...)
Amid an exodus, what Hong Kong needs most is unity
The exodus from Hong Kong is very real. Estimates put the number of Hongkongers departing the city at 1,000 a day. More than 15,000 students have dropped out of the local educational system - though ... ( read original story ...)
Hong Kong has responsibility to implement sanctions law, says financial secretary
Washington's acts of bullying and interference in the city's affairs are intensifying, Paul Chan wrote.. Read more at straitstimes.com. ( read original story ...)
Britain, Canada, United States and Taiwan popular options for Hong Kong residents leaving city
Immigration consultants and analysts warn number leaving could be on rise under new paths offered by countries including Britain and Canada. ( read original story ...)
China intial public offerings surge as Hong Kong listings dry up
Beijing: Initial public offerings are coming thick and fast in mainland China, with Shanghai set to host the world’s two biggest listings this year as domestic investors look past the government’s ... ( read original story ...)
Hong Kong’s lived-in home prices hit new high as economy rebounds from social unrest, coronavirus, according to Centaline Property index
The first sign that Hong Kong home prices have reached new highs has emerged. The closely watched Centa-City Leading Index (CCL) has broken the previous record set two years ago as the economy ... ( read original story ...)
Hong Kong, East Asia’s Financial Hub, Shrinks Amid Brain Drain
Record numbers of Hong Kongers are emigrating, reducing the city's population by almost 3% in just 18 months. Hong Kong's population fell by a record 1.2% over the course of the last year, according ... ( read original story ...)
Hong Kong’s securities watchdog and ICAC arrest five people for alleged corruption
Hong Kong's securities regulator in a joint operation with the Independent Commission Against Corruption (ICAC), has arrested five individuals from a listed company for alleged corruption under the ... ( read original story ...)
Teenage arsonists sent to Hong Kong training centre over Bank of China ATMs blaze
Two Hong Kong teenagers have been sent to a training centre for setting fire to three Bank of China ATMs last year. The District Court heard Jimmy Wan Kai-fai and Lau Wai-ho, who at the time were aged ... ( read original story ...)
Hong Kong Raises 2021 Growth Forecast as Virus Concerns Ease
Hong Kong raised its economic growth forecast for 2021 as the government slowly eases virus control measures and cash vouchers help to drive spending in a city hit by the pandemic and protests before ... ( read original story ...)
Hong Kong stock investors told to take cover
Equity experts are warning about the regulatory risks of putting money into individual Hong Kong stocks, saying investors should focus on equity indexes and old-economy shares. Oswald Chan reports ... ( read original story ...)
China’s market has further room to fall
The technical picture also suggests considerable room for further declines in the coming months. The long-term charts clearly show how political interventions (regulatory pressure in 2015 and trade ... ( read original story ...)