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Posted on 10/10/2023

Head of Hong Kong’s largest journalist union sentenced to 5 days in jail for obstructing police officer after refusing to show identity card

The head of Hong Kong’s largest journalist union was sentenced on Monday to five days in jail for obstructing a police officer by refusing to present his identity card during a stop-and-search ...

Posted on 10/10/2023

Hong Kong start-up festival strives to draw 20,000 attendees amid city’s push to be a tech hub

StartmeupHK, which takes place in November this year, will mark its first full return to physical events since the Covid-19 pandemic The conference is seen as a bellwether for sentiment in the Hong ...

Posted on 10/10/2023

Chinese EV startup WM Motor files for bankruptcy

Chinese electric vehicle startup WM Motor has filed for bankruptcy, marking the demise of a promising standout among China's EV makers as price competition in the world's largest auto market heats up.

Posted on 10/10/2023

China’s Country Garden warns of default again as property sales plunge

For the second time in just over two months, Country Garden has warned investors that it could default on its $190 billion debt in a reminder that China’s real estate crisis is far from over, after it ...

Posted on 10/10/2023

China’s property crisis just keeps getting worse — property giant Country Garden just warned it may default on its debt

China's Country Garden warned on Tuesday it could default on its offshore debt payments. It said in a filing it did not make a due payment in the principal amount of HK$470 million, or $60 million.

Posted on 10/10/2023

Hong Kong eyes stronger economic and trade ties with Thailand to expand its role in Southeast Asia

Hong Kong's leader says the city will seek to strengthen its economic and trade ties with Thailand after a meeting with the country’s prime minister.

Posted on 10/10/2023

Hong Kong developers’ $76 billion rout may deepen as risks mount

Home prices have dropped 18 per cent from a record high in 2021 to the lowest in more than six years. Read more at straitstimes.com.

Posted on 10/10/2023

Hong Kong gov’t expected to face larger deficit than expected, as finance chief cites weak land sales

The Hong Kong government is expected to face a larger deficit than expected this year, finance minister Paul Chan has said, citing poor land sales amid a struggling property market. Speaking on a ...

Posted on 10/10/2023

HSBC buys Citigroup’s $3.6bn China consumer wealth business

HSBC has agreed to buy Citigroup’s consumer wealth business in China as it pushes ahead with its focus on Asian markets.Citi has offloaded the unit for an und ...

Posted on 10/10/2023

PM in Hong Kong to court investors, drum up business

Prime Minister Srettha Thavisin on Monday assured potential investors in Hong Kong that Thailand is open for business and ready to facilitate investment.

Posted on 10/10/2023

Saudi central bank seeks regular dialogues, closer ties with monetary authorities of mainland China and Hong Kong to spur kingdom’s transformation

The Saudi central bank is looking to strengthen its connections with the People's Bank of China (PBOC) via bilateral dialogues, collaborations in multilateral forums Bilateral dialogues can help the ...

Posted on 10/10/2023

Hong Kong Developers’ $56 Billion Rout May Deepen as Risks Mount

Hong Kong developers’ shares may not be much of a bargain even after suffering a $56 billion rout, as the correction in the world’s most unaffordable housing market is still far from over.

Posted on 10/10/2023

Hong Kong’s leader John Lee calls for stronger economic, trade ties with Thailand in meeting with country’s prime minister

City leader says he hopes Hong Kong and Thailand can maintain their close relationship during meeting with Prime Minister Srettha Thavisin.

Posted on 10/10/2023

Could Hong Kong become an environmental role model for Asean countries? Global business leaders say yes, call on city to be green finance hub

Business leaders, policymakers attend Asean Summit 2023, a one-day forum hosted by the Post, to discuss topics such as hitting Southeast Asia's sustainability targets Panellists say Hong Kong could ...

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