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Tag: business

Posted on 04/01/2023

Hong Kong’s retail sales post surprise drop in November

HONG KONG’S retail sales unexpectedly dropped in November by the most in eight months as the city struggled to shake off the lingering effects of its pandemic-era controls and a slowing global economy ...

Posted on 04/01/2023

‘Going to Hong Kong before everyone’: mainland China music fans raring to see shows in city such as Blackpink concert, upon border reopening

Music fans in mainland China are raring to visit Hong Kong for concerts and festivals upon the reopening of the border, with some willing to pay sky-high prices for tickets after being deprived of ...

Posted on 04/01/2023

Hong Kong to raise up to $5 bln in green bonds -sources

Hong Kong's government is aiming to raise up to the equivalent of $5 billion in a dollar, euro and offshore Chinese yuan green bond issuance, according to sources with direct knowledge of the matter.

Posted on 03/01/2023

Top 6 Hong Kong and mainland China IPOs to watch out for in 2023, as cities vie for pole position in global fundraising

Ant Group, ByteDance, Syngenta, Amer Sports, FWD Group and Didi Global among the highly anticipated IPOs this year. Over 100 new listings are expected to raise around HK$200 billion (US$25.6 billion).

Posted on 02/01/2023

Hong Kong brokers, fund managers get ready for virtual-asset trading as SFC widens access to retail investors

Brokers and fund managers are getting ready to become service providers for virtual-asset trading as the government embraces cutting-edge financial technology and widens access to retail investors.

Posted on 02/01/2023

Coronavirus: Hong Kong’s actual Covid count could be up to 200,000 daily, HKU expert says while arguing risks from reopening border with mainland China are small

Researchers make estimate based on 10,000 residents tested daily Virologist Jin Dongyan says with Covid already becoming endemic, imported infections from the mainland may not cause a feared surge in ...

Posted on 02/01/2023

The past five years for Hongkong Land Holdings (SGX:H78) investors has not been profitable

During five years of share price growth, Hongkong Land Holdings moved from a loss to profitability. That would generally be considered a positive, so we are surprised to see the share price is down.

Posted on 02/01/2023

Can Hong Kong recover from Covid-19 to reclaim luxury retail market crown?

Hong Kong’s Russell Street was the world’s priciest retail strip. But a walk through the area these days reveals how dramatically the city’s retail market has changed.

Posted on 02/01/2023

Hong Kong is in a state of turmoil before reopening its borders with mainland China

At Hong Kong International Airport on December 28, 2022. PETER PARKS / AFP. After three years of near-total closure of the inland border between Hong Kong and th ...

Posted on 30/12/2022

Futu ADRs Sink After Delay of Hong Kong Listing

By Dean Seal Futu Holdings Ltd.'s American depositary receipts were down 24% at $44.77 in premarket trading Friday after the company postponed the debut ...

Posted on 30/12/2022

New Hong Kong restaurants for January 2023: a Korean steakhouse, British comfort food, and refined French fare from two fine-dining chefs

From fine-dining to casual, and Filipino to Korean, there are more than a dozen newly opened restaurants for Hong Kong diners eager to try something new; Some much-loved places, s ...

Posted on 30/12/2022

Hong Kong business group warns of long road ahead after Covid-19 shift

A Hong Kong foreign business group warned the city still faces challenges in trying to revive its reputation as a global financial hub. Read more at straitstimes.com.

Posted on 30/12/2022

Restaurants enjoy business uptick after Hong Kong lifts most Covid curbs, unvaccinated diners also make a return

Restaurant operators said they had recorded at least 10 per cent growth in business on Thursday after Hong Kong lifted most pandemic restrictions, with unvaccinated diners back among their clientele.

Posted on 29/12/2022

Hong Kong Business Group Warns Long Road Ahead After Covid Shift

One of Hong Kong’s top foreign business groups warned the city still faces challenges in trying to revive its reputation as a global financial hub, even after it ditched almost all of its Covid curbs.

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