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Tag: business

Posted on 03/01/2021

How a controversial alliance and fresh fruits may be the answer to Hong Kong’s port regaining former glory

Kwai Tsing Container Terminals operator acknowledges need for port players to shape up or ship out, with alliance offering hope that they can deliver. ( read original story ...)

Posted on 03/01/2021

Hong Kong is no cultural desert: outcry over century-old reservoir was proof

I am writing in response to your report, "Head of Hong Kong heritage office sorry for 'insensitivity' over plan to demolish striking century-old site, but unanswered questions fuel backlash" (December ... ( read original story ...)

Posted on 03/01/2021

Kaen: A Taste of Hong Kong in the Heart of Asakusa

Hong Kong-born chef and owner of restaurant Kaen near Asakuka’s iconic Kaminarimon serves up authentic Hong Kong cuisine that is worlds apart from what is typically found in Japan. ( read original story ...)

Posted on 03/01/2021

Hong Kong Billionaire Li Ka-Shing’s Business Falsely Linked To U.S. Blacklist

CK Hutchison issued a statement Tuesday to clarify that it was not included on the latest blacklist published by the U.S. Department of Commerce after local media reports falsely connected the ... ( read original story ...)

Posted on 02/01/2021

Hong Kong’s worst recession on record points to bleak outlook in 2021 for residential property and commercial real estate prices

Mass market and luxury home prices are expected to decline between 5 and 10 per cent in 2021, while grade A office rents are likely to fall by as much as 16 per cent. ( read original story ...)

Posted on 02/01/2021

The Hong Kong National Security Law Is Reshaping Political Identities

The NSL has altered many long-standing allegiances and feuds within the different political identities in Hong Kong. ( read original story ...)

Posted on 01/01/2021

HKSAR chief executive hopes Hong Kong start afresh in new year

Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Carrie Lam said on Friday that she hoped Hong Kong would forge ahead and start again in the new year. Lam and senior officials of ... ( read original story ...)

Posted on 01/01/2021

Hong Kong leader Carrie Lam lauds national security law for helping to bring calm to city after 2019 protests

The chief executive says her biggest hope for 2021 is social harmony, so the government and public bodies have more room to solve problems. ( read original story ...)

Posted on 01/01/2021

Coronavirus: good riddance 2020, but will 2021 be better for Hong Kong? Fortune-tellers point to sliver of hope

Covid-19 will continue to affect economic recovery at least until autumn, but radical conflicts are not expected, fortune-tellers say. ( read original story ...)

Posted on 01/01/2021

Stocks off to slow start on final day of a tumultuous year

Stocks are off to a mixed start on Wall Street on the last day of 2020, a year that saw a breathtaking nosedive in markets in the spring as the coronavirus took hold followed ... ( read original story ...)

Posted on 31/12/2020

Hong Kong’s new online banks plan to venture into business lending

HONG KONG (Reuters) – Hong Kong’s new online-only banks plan to venture into business lending and wealth management, seeking more lucrative avenues beyond basic savings accounts and transfer services, ... ( read original story ...)

Posted on 31/12/2020

Hong Kong insurers HSBC Life, AXA, OneDegree roll out coverage for side effects of Covid-19 vaccines

French giant AXA and online insurer OneDegree both recently announced plans to offer free protection for anyone who registers with them, while HSBC Life launched a medical policy for vaccination side ... ( read original story ...)

Posted on 31/12/2020

Hong Kong, China markets set to finish 2020 with a bang as auto, liquor and tech stocks power on

Stocks in Hong Kong and China produced some early gains on final trading day of 2020 as auto, liquor and tech stocks extended their winning run. ( read original story ...)

Posted on 30/12/2020

China Blocks U.S. Government’s $332 Million Sale of Hong Kong Luxury Apartments

The U.S. government’s planned sale of an exclusive property in Hong Kong was thrown into doubt by the Chinese government, which has determined the transaction needs its consent and approval. ( read original story ...)

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