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Posted on 18/09/2023

Cross-border healthcare services can ease burden on Hong Kong’s public hospitals, but payment matters must be addressed, ex-finance chief Antony Leung says

Shenzhen United Family Hospital is interested in serving Hong Kong patients to reduce waiting times in city, former financial secretary Antony Leung says But Leung says issues such as who should pay ...

Posted on 18/09/2023

Indonesian courier J&T aims to raise up to $1.36b in Hong Kong IPO, but may face regulatory hurdle

J&T appears to breach Indonesian rule capping foreign investor holding in a courier company to 49 per cent. Read more at straitstimes.com.

Posted on 18/09/2023

Microsoft sees booming enterprise AI demand in Hong Kong amid US-China tech war that threatens cloud services

Microsoft says AI usage on its Azure cloud platform jumped sevenfold in Hong Kong in the past six months, with demand growing despite US-China tensions The US tech giant has been pushing its ...

Posted on 18/09/2023

Hong Kong home price seen falling by 5 per cent after 7 major lenders including HSBC, Standard Chartered set to increase mortgage rates

Hong Kong home prices are set to fall by about 5 per cent by the end of this year, analysts say, after seven major lenders, including the three note-issuing banks – HSBC, Standard Chartered Bank, and ...

Posted on 18/09/2023

PGIM invests in Hong Kong, mainland China, Australia rental property markets, betting on their strong fundamentals, discounted assets

There is a growing need for rental housing especially in cities where the cost of residential buying has become really high, according to PGIM The property markets in mainland China, Australia and ...

Posted on 18/09/2023

Record number of Hong Kong children with myopia during the pandemic

The number of Hong Kong children suffering from myopia hit a record high during the pandemic. Myopia, also called nearsightedness, is when far- away objects look blurry. A study looked at 20,527 ...

Posted on 18/09/2023

Hong Kong Monetary Authority warns against misleading crypto “banks”

The Hong Kong Monetary Authority (HKMA) has issued a stern warning to cryptocurrency-related companies employing misleading nomenclature, particularly those that present themselves as “banks” and ...

Posted on 18/09/2023

Credit Cards in Circulation in Hong Kong Reach 19.71 Million

The Hong Kong Monetary Authority (HKMA), the city's central bank, has released its Q2/2023 payment card statistics, revealing that the total number of credit ...

Posted on 18/09/2023

Hong Kong home price seen falling by 5 per cent after seven major lenders including HSBC, Standard Chartered set to increase mortgage rates

Hong Kong home prices are set to fall by about 5 per cent by the end of this year, analysts say, after seven major lenders, including the three note-issuing banks – HSBC, Standard Chartered Bank, and ...

Posted on 18/09/2023

Hong Kong’s Central Bank Warns Crypto Firms Misrepresenting Themselves as Banks

The Hong Kong Monetary Authority (HKMA) has issued a public advisory warning against crypto businesses that are presenting themselves as "banks" or labeling ...

Posted on 17/09/2023

Hong Kong central bank warns against crypto firms using banking terms

Hong Kong's central bank said that only licensed institutions are authorized to carry out deposit-taking businesses in the region.

Posted on 17/09/2023

Another Hong Kong school announces it will close, citing shrinking school-age population

Precious Blood Primary School (Wah Fu Estate) in Pok Fu Lam says it will stop admitting Primary One pupils in 2025-26 academic year.

Posted on 17/09/2023

Hong Kong will review feedback over nightlife campaign and offer new ideas, finance chief says, as city leader admits spending habits take time to change

Financial Secretary Paul Chan says newly launched 'Night Vibes Hong Kong' campaign will 'create happy memories' for locals and boost visitor numbers, despite criticisms City leader John Lee also ...

Posted on 17/09/2023

Suicide numbers among young people in Hong Kong almost double in less than a decade to record high, study finds

The suicide rate for young people in Hong Kong has almost doubled in the past nine years and the less educated and unemployed face a higher risk, Coroner’s Court figures have shown. The Hong ...

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