Hong Kong’s catastrophe bond market may grow to $2 billion by 2025, accounting for 4-5% of global cat bonds, according to a poll conducted at Bloomberg’s Insurance Forum. Authorities recently extended ...
What is the Hong Kong-US dollar peg and how does it work?
On September 24, 1983, after months of investor and consumer unease over the depreciation of the Hong Kong dollar and negotiations about the city’s return to mainland rule, panic selling of the ...
Hong Kong told to step up healthcare collaboration with Greater Bay Area cities and global institutions
Senior mainland health official Yu Yanhong urges city to use all of its advantages and pledges support Health Authority to take a more aggressive approach to hunt for talent around the world, says ...
10 convicted of rioting during Hong Kong’s 2019 social disturbances sentenced to up to 58 months in jail
District Court judge says 2019 rioters were 'selfish' and 'recklessly destroyed' peace of the city Sentences passed ranged from 45 to 58 months; defendants included a nurse, a divinity student and an ...
Hong Kong Disneyland revenue jumps 31% as domestic visitors hit record
Hong Kong Disneyland Resort (HKDL) said on Monday its 2022 revenue jumped 31% as the number of domestic visitors to its attractions hit a record, helping the company shrug off the effects of ...
HKTDC and Dun & Bradstreet Hong Kong join forces to help SMEs enhance ESG competitiveness
The Hong Kong Trade Development Council (HKTDC) and Dun & Bradstreet (HK) Limited (D&B) announced a new partnership to help small and medium-sized enterprises ("SMEs"), start-ups, and Micro-, Small ...
Hong Kong, mainland can’t afford more incidents that tarnish ‘one country, two systems’
While there is little doubt Hong Kong is back, genuine concerns about its future remain, particularly the scope of the national security law and how Beijing views the city's role Hong Kong needs to ...
Hong Kong’s luxury home renters should prepare to pay more in the second half amid rising demand
Hong Kong’s luxury home rents have turned a corner and are set to rise up to 6 per cent in the second half as foreign expatriates return, market observers said.
Hongkong Honeymoon
He strikes up a friendship with a stewardess on the plane, and they hang out together when the plane lands in Hong Kong. They wind up getting married and travel to Macao, where they get mixed up ...
Hong Kong rethinks proposed severance fund savings account for employers
Hong Kong unions blast ‘late’ scrapping of MPF mechanism ... per cent contributions [to the MPF] without an additional contribution,” Shiu said. “To business owners, there would be less pressure on ...
AI-powered start-ups gain interest among investors who want to harness tech, offer solutions for mass market
Ivan Lau, the CEO of Pantheon Labs, which received funding from Gobi Partners in late 2022, said he has seen an "explosion of interest in his technology in the last month". The Hong Kong-based ...
Hong Kong may issue retail bonds to fund part of HK$580 billion artificial islands project off Lantau, finance chief says
Financial Secretary Paul Chan says land sale potential of reclamation project exceeds total cost and private market should be tapped to generate some funding Government must move 'full speed ahead' on ...
Vendors expecting drop in business this Mother’s Day
Hong Kong's families are marking Mother's Day on Sunday, though flower sellers say the festival isn't bringing the traditional big boost in sales.
US-China war unlikely, but Hong Kong should be prepared to be ‘sandwiched’, ‘kicked around like a football’ for next decade amid tensions
Former president of the UN Security Council Kishore Mahbubani gives his take on city's political reality at forum by Singapore Chamber of Commerce He also warns that city should shore up US business ...