After a five-year hiatus, the Philanthropy for Better Cities Forum, convened by The Hong Kong Jockey Club (the Club), returned for its third edition on September 11 and 12 under the theme Philanthropy for Fairer Societies. At the two-day event in the West ...
Hong Kong bankers play an anxious waiting game
Global banks in Hong Kong are feeding on scraps. Fewer initial public offerings in the city mean institutions including UBS , Bank of America and Morgan Stanley are tackling smaller transactions.
China and Hong Kong stocks fall on lingering economic, geopolitical worries
China and Hong Kong stocks fell on Tuesday as lingering economic worries and geopolitical tensions weighed on sentiment, with thin trading ahead of China's National Day holiday.
Russian Emperor makes trial return as connections aim at Hong Kong International Races, Qatar defence
A third crack at the Longines Hong Kong International Races (HKIR) and a return to Qatar loom as Russian Emperor’s major goals through the first half of the 2023-24 season after the three-time Group One winner made an easy return to the trials at Sha Tin on Tuesday
UPDATE 1-China’s Tuhu Car shares unchanged from issue price in Hong Kong debut
Tuhu Car's shares opened unchanged from their HK$28 ($3.58) issue price as the Chinese car maintenance firm started trading on the Hong Kong Stock Exchange on Tuesday.
Law firm layoffs rise in Hong Kong as China business slows
HONG KONG -- Foreign law firms in China and Hong Kong are shedding staff at a rapid pace, with one company laying off at least 20 lawyers this year as China's economic downturn and geopolitical ...
Hong Kong JPEX cryptocurrency scandal: new disclosure of trading platforms eyeing licence will better inform investors, John Lee says
Chief executive warns however that the best bet for investors would still be already-approved platforms as proper measures for these are in place.
Hong Kong’s eased mortgage rules for unfinished homes will have little impact on property market, as buyers fret over interest rates and economy, analysts say
Analysts pour cold water on latest government bid to bolster property market, saying homebuyers adopting wait-and-see approach amid declining investor confidence Under new rules, eligible first-time ...
Hong Kong relaxes mortgage rules to support property market
Hong Kong is relaxing its mortgage rules for homes under construction, as the government takes more steps to support the city’s property market that has been weighed by high borrowing costs. Eligible ...
Hong Kong spent around HK$1 million sponsoring journalist visits in 2023
The Hong Kong government has spent around HK$1 million taxpayer money this year on sponsoring journalists from mainland China and overseas to cover major events in the city, including the recent Belt ...
JPEX probe tests Hong Kong’s crypto-friendly stance
The teal-and-white advertisements of cryptocurrency group JPEX, or Japan Exchange, were inescapable in Hong Kong last year on building walls, taxis and trams. The company’s slogan “investment: more than just stocks”, was advertised for weeks on a massive billboard in the centre of the city’s financial district.
Evergrande drops 87% on Hong Kong Stock Exchange as debt meeting delayed
The woes of debt-ridden Chinese property giant Evergrande just got a whole lot worse after 87 per cent of its market value was wiped away in less than a month.
Hong Kong’s Bureaucrats Don’t Make Good Authoritarians
Argument: Hong Kong’s Bureaucrats Don’t Make Good Authoritarians Create an FP account to save articles to read later and in the FP mobile app. Sign Up ALREADY AN FP SUBSCRIBER? LOGIN In late July, the Hong Kong judiciary quashed the city’s attempt to ban “Glory to Hong Kong,
Hong Kong should cut stamp duty by more than half for residents buying additional home, city’s largest political party says
Hong Kong’s largest political party is urging the government to cut by more than half the stamp duty that residents must pay when buying an additional home, as a way to boost the sluggish ...