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Posted on 09/08/2022

Hong Kong may cut home stamp duty for mainland buyers – Bloomberg News

Hong Kong may consider waiving extra stamp duty on homes for mainland Chinese buyers as a way to shore up the economy and reverse a brain drain, Regina Ip, convenor of the government's advisory ... ( read original story ...)

Posted on 09/08/2022

Hong Kong retail landlords expect slow recovery even as travel restrictions ease and latest vouchers boost retail spending

Market watchers do not expect an immediate impact from a reduction in quarantine requirements, though new round of vouchers should boost spending With rents at 1988 levels, tenants should extend ... ( read original story ...)

Posted on 09/08/2022

Meituan, JD.com drag Hong Kong stocks as China lockdowns cloud earnings outlook while traders await US inflation report

Sporadic lockdowns have dissipated all of the stock gains from Shanghai reopening in June, leaving market bulls frustrated US inflation data due on Wednesday keeps market focus on Fed policy amid ... ( read original story ...)

Posted on 09/08/2022

Hong Kong Stock Market Has Flat Lead For Tuesday’s Trade

The Hong Kong stock market on Monday wrote a finish to the three-day winning streak in which it had advanced more than 510 points or 2.5 percent. The Hang Seng now rests just beneath the 20,050-point ... ( read original story ...)

Posted on 09/08/2022

Hong Kong Quarantine Reduction Met With Calls to Go Further

Hong Kong took a much anticipated step to reduce mandatory hotel quarantine for international travelers as the city seeks to restore its position as a financial hub and revive its economy. ( read original story ...)

Posted on 09/08/2022

HKMA buys HK$2.98 billion from market as currency hits weak end of trading band

Hong Kong's de-facto central bank bought HK$2.975 billion ($378.99 million) from the market in New York trading hours to stop the local currency from weakening and breaking its peg to the U.S. dollar. ( read original story ...)

Posted on 09/08/2022

Coronavirus: Hong Kong business groups, travel industry chiefs say 3+4 quarantine scheme is right move but only full reopening will help city

Business chambers say three-day quarantine period, four days of medical surveillance for arrivals 'step in the right direction', but not enough to revive Hong Kong's economy Travel leaders warn sector ... ( read original story ...)

Posted on 09/08/2022

Hong Kong’s Intelligent Living stock jumps 42% after rallying 64% in prior session

Shares of lockset maker Intelligent Living Application Group (ILAG) rallied for the second straight session amid renewed investor interest in Chinese stocks ... ( read original story ...)

Posted on 09/08/2022

Hong Kong’s last sawmill faces closure

HONG KONG — Chi Kee Sawmill & Timber, Hong Kong’s last operating sawmill, has been processing timber in the city for 75 years. ( read original story ...)

Posted on 09/08/2022

Hong Kong online brokerage TOP Financial sees stock soar 97%

Hong Kong-based online brokerage TOP Financial Group (TOP) saw its shares soar 97% Monday. TOP shares opened at $10.52, hitting a high of $23 mid-morning ... ( read original story ...)

Posted on 08/08/2022

Hong Kong Quarantine Reduction Met With Calls to Go Even Further

Hong Kong took a much anticipated step to reduce mandatory hotel quarantine for international travelers as the city seeks to restore its position as a financial hub and revive its economy. ( read original story ...)

Posted on 08/08/2022

Kerala-based start-up entrepreneur wins international award

Sangeetha Abhayan, a Kerala-based entrepreneur, won the World Women Entrepreneurs’ Award instituted by the Junior Chamber International Hong Kong (JCIHK) for her handloom and handicrafts start-up’s ... ( read original story ...)

Posted on 08/08/2022

Hong Kong retail, catering sectors see boost from second phase of consumption voucher

Hong Kong’s retail sector has seen a slight boost in business as most residents received HK$2,000 in electronic vouchers under the consumption voucher scheme. But many refrained from buying expensive ... ( read original story ...)

Posted on 08/08/2022

HSBC HK bands together stars from MIRROR, ERROR and COLLAR

HSBC and Wunderman Thompson Hong Kong have joined hands in creating a “SUMMERverse” experience for this year’s HSBC Red Hot Festival. The partnership aims to break boundaries with a holistic marketing ... ( read original story ...)

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