Seven Hong Kong men have been jailed for seven to 10 months after they admitted to taking part in a plan to abscond to Taiwan on a speedboat in August 2020 while facing charges linked to the 2019 anti ... ( read original story ...)
Chinese regulators rush to tame investor panic over mortgage boycotts
Chinese regulators are trying to stamp out panic over rising home loan risks at banks as a wave of homeowners join a country-wide mortgage boycott of unfinished houses. Hundreds of thousands of buyers ... ( read original story ...)
Hong Kong’s Hang Seng falls 2% as tech stocks drop; China’s GDP misses expectations
Asia-Pacific stocks slipped Friday ahead of China data including GDP and retail sales numbers. In Australia, the S&P/ASX 200 dropped 1.4%. South Korea’s Kospi gave up early gains to decline 0.86% and ... ( read original story ...)
Hong Kong customs makes record haul of HK$222 million worth of illegal cigarettes
The nearly 78 million cigarettes uncovered are part of a wider haul totalling HK$270 million in operation against new smuggling syndicate Criminal operation thought to be sparked by eased pandemic ... ( read original story ...)
Rising interest rates have affected sentiment in Hong Kong’s residential market: Colliers
CK Lau of Colliers says demand has slowed and he expects Hong Kong's residential market to "soften further." Equities will struggle the next few months, but we see a year-end rally, says Janney ... ( read original story ...)
Chinese property shares slide despite Beijing assurance on mortgage protests
Shares in embattled Chinese property developers fell on Friday as homebuyers' threats to stop mortgage payments on unfinished apartments outweighed Beijing regulators' assurance that local governments ... ( read original story ...)
HSBC Buys back Over 3.25M Shrs in HK, London Ytd for $158M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.2519 million shares in London and Hong Kong yesterday (14th), involving a total of approximately HKD158 million. HSBC ... ( read original story ...)
Hong Kong market opens with losses
Hong Kong stocks sank more than one percent at the start of Friday's trade, on renewed concerns about the tech sector and ahead of the release of ... ( read original story ...)
Hong Kong’s Covid restrictions throw feng shui masters off balance
Hong Kong’s feng shui masters are reeling from a double blow dealt by the city’s tough zero-Covid regime and its growing work-from-home culture. Specialists in the ancient Chinese practice said the ... ( read original story ...)
Hong Kong is stepping up Covid fight by issuing electronic wristbands, quarantining outbound travellers. Here’s what you need to know
People under home quarantine will need to wear electronic wristbands while those who test positive at mainland border will be sent to isolation centres right away Health chief Lo Chung-mau says he ... ( read original story ...)
Hong Kong schools to relocate to new development areas to combat shrinking student numbers, education minister says
Secretary for Education Christine Choi says her bureau will not let schools with insufficient student numbers survive for sake of elective subject variety. ( read original story ...)
Hong Kong activist ‘Grandma Wong’ sentenced to 8 months in jail over pro-democracy protests
Veteran activist Alexandra Wong, popularly known as “Grandma Wong,” was sentenced to eight months in jail over her participation in pro-democracy protests in Hong Kong. Wong, 66, was sentenced at the ... ( read original story ...)
Merger must not take Hong Kong passengers for a ride
Loss-making Citybus and New World First Bus will operate as one company under latest franchise, and its performance will have to be closely monitored The renewal of bus franchises is a good ... ( read original story ...)
Asia Minute: Hong Kong authorities sentencing elderly protestors
It’s been a little more than three years since Hong Kong was rocked by a series of street protests that grew into a broader pro-democracy movement. Chinese authorities have since crushed voices of ... ( read original story ...)