Hong Kong’s benchmark share index closed higher on Friday as investors shrugged off a sharp contraction in China’s first-quarter gross domestic product (GDP) and bet on hopes of recovery as the impact ... ( read original story ...)
Hong Kong orders banks to grant unprecedented six-month loan repayment holiday to help small businesses survive slump
The intervention by the Hong Kong Monetary Authority (HKMA) – the first such by the de facto central bank since its founding in 1993 – comes as SMEs bear the brunt of dwindling cash flow amid the ... ( read original story ...)
Hong Kong’s Protest Economy
Since last April, when increasingly violent clashes between pro-democracy protesters and police regularly broke out on its busy streets, Hong Kong has been color-coded: The “yellow camp” is ... ( read original story ...)
The Radical ’70s Magazine That Shaped the Hong Kong Left
When Ng Chung-yin met Augustine Mok Chiu-yu, they were doing a sit-in protest on the steps of Chu Hai College in Hong Kong. It was August 1969, and 12 students had just been expel ... ( read original story ...)
Waste not, want not: Hong Kong cafe zeros in on reducing trash
A zero food waste cafe in Hong Kong is trying to tackle the financial hub’s escalating trash problem by providing meals that are fully compostable, such as vegetables and herb flatbreads, and ... ( read original story ...)
Explainer: After months of protests, is Hong Kong selectively enforcing covid-19 laws?
As the coronavirus began to wreak havoc around the world in mid-March, returning travellers and students caused a spike of cases in Hong Kong. With a record 65 new cases announced on March 27, this ... ( read original story ...)
Credit Suisse out of Tencent-backed WeDoctor’s Hong Kong IPO after Luckin Coffee’s accounting scandal
Shanghai overtakes Hong Kong as world’s top IPO market While JD.com has picked Bank of America and UBS to sponsor its secondary listing in Hong Kong, the company has yet to appoint bookrunners for the ... ( read original story ...)
Hong Kong Co-Working Thrives as Singapore Struggles in Shutdown
On a recent Friday afternoon, dozens of people sat hunched over laptops at TheDesk’s six-story co-working space near Hong Kong’s Central business district, while others chatted over snacks at tables ... ( read original story ...)
Hong Kong Expects a Quarter of Retail Stores to Shut Down by the End of the Year
According to the Hong Kong Retail Management Association, roughly 2,000 outposts are anticipated to close in the months of February through April, with another 3,200 shops predicted to shutter next ... ( read original story ...)
Hong Kong stocks slip to 1-week low as growth risks multiply
The Hong Kong stock market drifted to its lowest level in over a week as worries about the coronavirus outbreak’s economic impact weighed, ahead of China’s first-quarter GDP data that is likely to be ... ( read original story ...)
Hang Seng Bank Stock
Moody's affirms Hongkong and Shanghai Banking Corporation and Hang Seng Bank's long-term deposit ratings; outlook on foreign-currency deposit... Quotes for Hang Seng Bank Stock Hang Seng Bank ... ( read original story ...)
Hang Seng Bank introduces in-app savings and budgeting tool
Margaret Kwan, Executive Director and Head of Retail Banking and Wealth Management at Hang Seng, said: “We are excited to be the first bank in Hong Kong to launch this smart in-app saving and ... ( read original story ...)
BOC Hong Kong: Net Interest Margin Pressure Justifies Undemanding Valuation
BOC Hong Kong's asset quality is expected to hold up better than peers because of its customer structure with lower exposure to SMEs and food & beverage and tou ... ( read original story ...)
‘Hong Kong’s first gin’ was actually made in New Zealand, customs officers say
The sellers of Handover Gin even posted pictures of a still online, to pretend the product was locally made, department says Its director, 40, and his girlfriend, 29, have been arrested A company ... ( read original story ...)