A top Beijing official overseeing Hong Kong affairs visited Ocean Park and Lamma Island on day three of his inspection trip to Hong Kong. Xia ...
China grants Hong Kong new yuan quota as Payment Connect kicks off for 315 million users
Starting from noon on Sunday, the 17 million registered users of Hong Kong’s FPS will be able to remit up to HK$10,000 per day to 298 million users on the mainland’s IBPS.
Hong Kong considers easing construction rules to tackle student hostel shortage
Authorities may simplify regulations for converting commercial buildings into student housing as the government promotes ‘Study in Hong Kong’ initiative.
HKers can use FPS for payments up north from Sunday
Residents from Hong Kong and the mainland will soon be able to use a new fast payment tool to conduct cross-border transactions involving small sums ...
China uses HSBC bank as political tool against dissidents
Numerous pro-democracy activists and government critics from Hong Kong have had their accounts frozen by banking giant HSBC. The actions are raising concerns over China’s growing influence on ...
Hong Kong Dollar Drops to Weak End of Its Fixed Trading Range
The Hong Kong dollar dropped to the weak end of its fixed trading range against the greenback, as cheap funding costs encouraged investors to borrow it and buy the US currency.
HSBC and Mastercard roll out mobile virtual corporate card in Hong Kong
HSBC’s commercial customers can issue virtual cards through a portal. HSBC and Mastercard have launched Hong Kong’s first mobile virtual corporate card for commercial customers, according to a press ...
Hong Kong stocks gain as PBOC’s benchmark-rate choice spurs optimism on economy
Stocks pare the week’s losses as central bank’s rate decision hints at sustained recovery in the world’s second-largest economy.
Twin cities seen key to nation’s financial clout, bank chief says
With Shanghai's strong links to the Chinese mainland market and Hong Kong's status as a global financial gateway, the two cities' differentiated strengths form a uniquely complementary partnership ...
Shanghai, Hong Kong sign action plan to tighten financial ties amid rising global challenges
Shanghai and Hong Kong signed an action plan on Wednesday aimed at deepening coordination between the two global financial hubs by ramping up market connectivity and exploring new areas of ...
Hong Kong advised to develop Formula 1 roots before bidding to host a grand prix
Hong Kong should focus on developing a greater motorsports culture before bidding to host a Formula 1 race, a top official from the sport’s governing body has told the Post. Speaking on the sidelines ...
Hong Kong buyers forfeit deposits on Grand Mayfair project after 25% market slump
Several buyers of flats at Grand Mayfair II – a high-rise residential project in Yuen Long, New Territories – have cancelled their contracts after a market slump eroded home prices in the area by ...
Hong Kong biotech stock surges 56,000% with no revenue, CEO becomes mega-billionare overnight
A Hong Kong company developing herbal treatments for ADHD has seen its stock price surge over 56,000% this year following a 38-for-1 stock split, despite having no revenue and ongoing losses.
Hong Kong rises to World’s No.3 most competitive economy
HONG KONG SAR – Media OutReach Newswire – 19 June 2025 – Hong Kong has moved up two places to rank as the world’s third most competitive economy, marking the second successive year that the city has ...