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Posted on 03/07/2022

Hong Kong works to resolve housing shortage by developing new areas

Hong Kong has been ranked as the world's least affordable housing market for the 12th consecutive year by the 2022 Demographia International Housing Affordability, an annual report that provides ... ( read original story ...)

Posted on 03/07/2022

Hong Kong rescuers search for crew of vessel that broke in half after being caught in typhoon

Hong Kong authorities have issued a warning over the typhoon on Thursday, during the highly anticipated visit of Chinese leader Xi Jinping. The grand opening of a new Hong Kong Pa ... ( read original story ...)

Posted on 03/07/2022

Dramatic photos show crew member’s rescue from sinking ship near Hong Kong

An industrial support ship operating in the South China Sea has sunk in a storm with the possible loss of more than two dozen crew members, rescue services in Hong Kong said Saturday. ( read original story ...)

Posted on 03/07/2022

Ship sinks in storm off Hong Kong, dozens of crew in danger

Rescue services in Hong Kong say an industrial support ship operating in the South China Sea has sunk with the possible loss of more than two dozen crew members ... ( read original story ...)

Posted on 03/07/2022

Dozens feared dead after ship sinks in storm off Hong Kong

Authorities dispatched planes and helicopters to aid in the rescue as big waves lashed the sinking vessel, which had broken up in two parts. ( read original story ...)

Posted on 02/07/2022

Hong Kong’s priciest 2022 home fetches $111M

A six-bedroom mansion in an elite Hong Kong neighborhood has set the year’s record for the priciest home transaction ... ( read original story ...)

Posted on 02/07/2022

Hong Kong at 25: where mainland ‘drifters’ have made their home

Covid-19 travel curbs and a strict national security law are spurring hundreds of thousands to leave Hong Kong, surveys warn But for thousands of gangpiao, or mainland 'drifters' who first arrived to ... ( read original story ...)

Posted on 02/07/2022

Ship sinks in storm near Hong Kong; dozens of crew members in danger

Authorities dispatched planes and helicopters to aid in the rescue, with at least three people from the crew of 30 brought to safety. ( read original story ...)

Posted on 02/07/2022

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Down 43.2% in June

Limited (OTCMKTS:BHKLY – Get Rating) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 2,500 shares, a drop of 43.2% from the May 31st total of 4,400 ... ( read original story ...)

Posted on 02/07/2022

Hong Kong’s 25 years: a stronger financial hub with opportunities Hong Kong’s 25 years: a stronger financial hub with opportunities

During the period, its total foreign trade in goods more than tripled to HK$10.27 trillion. Combined assets of the banking system totaled HK$27 trillion (about $3.4 trillion) in April 2022, more than ... ( read original story ...)

Posted on 02/07/2022

Senior investor: Hong Kong’s international financial center status has been enhanced

The past 25 years have seen Hong Kong's capital market going through profound changes. With 29 years' experience in the sector, 22 of which have been in Hong Kong, Liu Yang, Chairperson of Hong ... ( read original story ...)

Posted on 02/07/2022

What are ‘red chips’, and why are China’s state-owned companies such a big deal in Hong Kong’s stock market?

There are 175 so-called red-chip stocks listed in Hong Kong. Some of the biggest names include the holding companies for Bank of China’s local operations, conglomerate Citic and developer China ... ( read original story ...)

Posted on 02/07/2022

Economic Stability, Chinese Control Expected in Hong Kong for Next 25

Chinese President Xi Jinping arrived in Hong Kong Thursday to celebrate the 25th anniversary of the former British colony’s handover. Economically, Beijing is working to link Hong Kong more closely ... ( read original story ...)

Posted on 02/07/2022

We’ve all had enough of Hong Kong’s housing crisis – break the city’s ‘shoebox curse’ or people will leave and never return

To buy an extremely modest flat in Hong Kong you'd need to save every cent you earn for 9 ... it would take at least 12 years to save HK$4 million to buy a 400 sq ft (37 square metre) property in a ... ( read original story ...)

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