Sales of policies to mainland visitors hit HK$46.8 billion (US$6 billion) in the nine months to September, compared with HK$1 billion a year ago, according to data from the Insurance Authority.
Why Hong Kong is Becoming a Hotspot for Global FinTech Investments
Are you ready to dive into an electrifying world of finance and technology? Get ready as we unveil the secret behind Hong Kong’s meteoric rise in the global FinTech scene. Brace yourself for a ...
Hong Kong securities association proposes Initial Coin Offering (ICO) mechanism
The Hong Kong Securities and Futures Professional Association has put forth a surprising proposition to revitalize Hong Kong’s economy. In a document released on November 29, the association’s ...
Star Power: Inside Pharrell Williams’ Second Louis Vuitton Show in Hong Kong
The “pre-fall” men's collection lit up the Avenue of Stars, setting a tropical mood for your next summer holiday ...
Hong Kong a step closer to keeping stock and derivatives markets open during typhoons, issues consultation paper on ending shutdowns from July
Bourse operator HKEX has proposed keeping trading going during such adverse weather, a move that could enhance its revenue as well as bolster the government’s tax collections. The plan could come into ...
Hong Kong securities association suggests ICO to boost economy
Meanwhile, Hong Kong authorities are busy setting in place crypto regulations. In November, the local securities regulator laid down the business requirements for offering tokenized securities and ...
Singapore ties with Zurich as world’s most expensive city to live while Hong Kong slips one spot to fifth in latest EIU study
The city state took pole position for the ninth time in 11 years while Hong Kong slipped one notch to rank fifth among 173 countries, according to a study by the Economist Intelligence Unit (EIU).
Mainland China and Hong Kong condemn US committee over bill that could lead to shutdown of city’s representative offices in country
"Do not start any trouble, do not cross the line, use solid action to return to the correct path of promoting mutual trust and cooperation between China and the United States, and give up on ...
Hong Kong Oct Retail Sales up 5.6%, Helped by Inbound Tourism
HONG KONG (Reuters) - The continued revival of inbound tourism helped Hong Kong's retail sales notch up an 11th consecutive month of growth in October, though it was the slowest pace since December ...
Hong Kong stocks set for worst monthly losing streak in a year as manufacturing in China shrinks more than expected
Local stocks are headed for a fourth month of drop after an official report shows Chinese manufacturing contracted more than expected, underscoring concerns about the nation’s economic recovery ...
Hong Kong stocks slide for fourth day as Meituan tumbles 11% to lowest since April 2020 on slowdown warning
Meituan slumps after warning about a slowdown in demand for its services this quarter, erasing most of the stock’s post-Covid advance. The Hang Seng Index is hanging onto a 0.7 per cent gain in ...
The biggest prosecution yet is underway in Hong Kong taking pro-democracy activists to trial
Some of Hong Kong’s best-known pro-democracy activists went on trial Monday in the biggest prosecution yet under a law imposed by China’s ruling Communist Party to crush dissent. View on euronews ...
Pension Withdrawals by Residents Leaving Hong Kong in Q3 up 1.7% on Year
HONG KONG (Reuters) - Residents leaving Hong Kong for good withdrew a total of HK$2.213 billion ($283.72 million) from their Mandatory Provident Fund (MPF) pension accounts in the third quarter of ...
Nearly 60 Hong Kong public sector households also own private homes, crackdown on cheats finds
Housing chief Rosanna Law says public sector households exposed as property owners after checks on 57,000 people in 25,000 homes.