The Hong Kong Monetary Authority sold HK$2.325 billion ($300 million) into the market in New York trading hours after the local currency hit the strong end of its trading band, according to data ... ( read original story ...)
Hong Kong government draws flak from all quarters for considering a pause on HK$2 ride scheme for the elderly
The Hong Kong government has drawn flak from across the political spectrum for considering putting the brakes on its plan to extend a HK$2 travel scheme for those aged between 60 and 64. Lawmakers ... ( read original story ...)
5 reasons you can’t miss Hong Kong Fintech Week 2020
The virtual Hong Kong Fintech Week 2020 will deliver a superior remote conference ... meaningful connections with thousands of potential buyers, clients, investors, startups, and regulators! ( read original story ...)
Hong Kong thieves make off with HK$1.5 million worth of mobile phones stolen from parked truck
Hong Kong police on Wednesday were poring over surveillance camera footage in an effort to track down thieves who stole HK$1.5 million (about US$194,000) worth of mobile phones from a truck in the car ... ( read original story ...)
Bangkok protests continue apace — is Thailand the next Hong Kong?
There are strong similarities between the Thai and Hong Kong protests, and not just with youth borrowing tactics from the city-state's protest movement. ( read original story ...)
HSBC Hong Kong unveils HSBC Smart Solution API platform
HSBC Hong Kong unveiled its business management API platform – HSBC Smart Solution – specially designed for SMEs in the region. ( read original story ...)
Hong Kong shares end higher on hopes for U.S. stimulus, strong Q3 earnings
Hong Kong shares ended higher for a fourth consecutive session on Wednesday, as hopes for a new round of U.S. fiscal stimulus and strong third quarter results due to China’s accelerated economic ... ( read original story ...)
Hong Kong’s Cathay Pacific Airways slashes jobs, kills Dragon
Hit by Hong Kong protests and coronavirus, Cathay plans to cut 5,900 jobs and end low-cost Cathay Dragon brand. ( read original story ...)
Cathay to Cut Over 5,000 Hong Kong Jobs; Close Dragon Brand
Hong Kong’s Cathay Pacific Airways Ltd. will slash more than 5,000 jobs and close a regional carrier, the latest airline to enact a sweeping restructuring as the virus’s resurgence in the U.S. and ... ( read original story ...)
Hong Kong dollar rates rise as Ant IPO anticipation tightens liquidity
H KD rates creep higher even as HKMA pours in cash. Two-week forwards hit highest since June. Fortcoming ANT Group IPO could drive liquidity squeeze -analysts. SINGAPORE, Oct 21 ( ... ( read original story ...)
Hong Kong and Singapore will form a ‘travel bubble’ soon. Here’s how it’ll work
Leisure travelers can travel between the two cities without undergoing a quarantine, said Edward Yau, Hong Kong's secretary for commerce and economic development. ( read original story ...)
New Hong Kong art gallery Artspace K is for ‘people to come and just enjoy themselves’, founder says
A modestly sized, low-key art gallery has just opened in The Repulse Bay arcade, far from the popular art districts in urban Hong Kong and rather different in atmosphere, too. Brightly coloured, ... ( read original story ...)
Can the expected travel bubble burst Hong Kong and Singapore’s supposed rivalry?
If you believe everything you read, Hong Kong and Singapore have long enjoyed a healthy rivalry, battling it out for financial supremacy in Asia. In February, The Financial Times reported that ... ( read original story ...)
Coronavirus: Hong Kong Philharmonic reviews infection controls as quarantined musician criticises previous ‘inconsiderate’ approach
Hong Kong's top orchestra is consulting stakeholders - including its own musicians - as part of a review of its infection control measures at rehearsals and performances after a clarinettist tested ... ( read original story ...)