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Tag: business

Posted on 10/12/2022

No festive cheer: Hong Kong factory owners bemoan shrinking year-end exports as inflation, recession bite

Intermittent factory closures in mainland China have hit output, taking their toll on exports too 'A particularly miserable festive season' as manufacturers see exports plunge by over 30 per cent Hong ...

Posted on 10/12/2022

Hong Kong Theaters Ask for Less COVID Protocols Before Avatar: The Way of Water Releases

Hong Kong still has a few remaining pandemic restrictions, which local cinemas want removed before some highly anticipated films get released there.

Posted on 09/12/2022

Fidelity Wins China Regulatory Green Light to Run Retail Fund Business

Fidelity International has obtained Chinese regulatory approval to conduct business in China's $3.7 trillion mutual fund industry. China Securities Regulatory Commission granted a licence that enables ...

Posted on 09/12/2022

Swiss Re proposes shakeup of board

Swiss Re has proposed changing the makeup of its board, saying that it is nominating Vanessa Lau and Pia Tischhauser for election as new members. The ...

Posted on 09/12/2022

Hong Kong tourism market expected to go up to $41.50 billion

According to Future Market Insights, tourists from China constituted the largest group of visitors to the Hong Kong Special Administrative region. This is both a driver and a rest ...

Posted on 09/12/2022

Coronavirus: Hong Kong will drop vaccine pass scheme and Covid app ‘at an appropriate time’, senior health official says

Hong Kong will drop its vaccine pass scheme and risk-exposure app “at an appropriate time”, a senior health official has said amid mounting calls for more drastic easing of coronavirus restrictions.

Posted on 09/12/2022

Additional Support Anticipated For Hong Kong Stock Market

(RTTNews) - The Hong Kong stock market on Thursday snapped the two-day losing streak in which it had plunged more than 700 points or 3.9 percent. The Hang Seng Index now sits just above the ...

Posted on 09/12/2022

Hong Kong lawmaker accused of sexist remark at insurance forum

Insurance sector legislator and Hong Kong Executive Council member Chan Kin-por (pictured above) has been criticised for making an allegedly sexist remark at the Asia Insurance Forum on Dec. 5. Chan, ...

Posted on 08/12/2022

Bad news for Hong Kong currency short-sellers as Barclays sees peg status quo while yuan shortcomings hinder repeg

Hong Kong is unlikely to abandon its US dollar peg, or to repeg to the yuan, as either move would threaten stability and the Chinese currency fails to meet conditions set by the monetary authority, ...

Posted on 08/12/2022

Hong Kong, S’pore spar for green finance supremacy in Asia

From green bonds to carbon trading and asset management, both cities are angling to be the regional base for sustainable finance as governments and companies ramp up investments to fight climate ...

Posted on 08/12/2022

Hong Kong and Singapore Spar for Green Finance Supremacy in Asia

Hong Kong and Singapore have long squared off to be the preeminent finance hub for Asia. That battleground is now shifting to the ESG space, with potentially trillions of dollars at stake. Most Read ...

Posted on 08/12/2022

Hong Kong Shares Due For Support On Thursday

The Hong Kong stock market has tracked lower in two straight sessions, plunging more than 700 points or 3.9 percent along the way.

Posted on 08/12/2022

Hong Kong insurance sector can play key role as global connector with China

The provision of services essential to the management of business risk at a regional level can only bolster city's status as an international financial hub If Hong Kong wants to bolster its status as ...

Posted on 08/12/2022

Hong Kong’s Ocean Park reports nearly HK$1.82 billion deficit but cash flow still ‘healthy’

Company notes loss mostly due to impairment charge and expresses confidence it is heading towards sustainable growth.

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