The decline in the city's interbank offered rates should be good news for the real estate sector but its underlying problems remain acute Hong Kong needs all the help it can get. Since 2018, the city ...
Here’s why Hong Kong’s Hang Seng Index is going up
The Hang Seng Index jumped by over 1% on Monday morning as traders looked forward to the upcoming talks between the US and China.
Hong Kong unveils HK$10B fund to push AI and robotics, bets on upstream R&D
Hong Kong Chief Executive John Lee on Thursday announced a HK$10 billion (US$1.28 billion) “New Industrialization Acceleration Scheme” aimed at steering ...
Midas List 2025: Asia’s Top Venture Capitalists Ride AI Wave As China Reclaims Tech Spotlight
The surging valuations of mega startups like ByteDance and Shein have put 15 investors from Asia on Forbes’ 24th annual Midas List, which ranks the world’s top venture capitalist.
Hong Kong’s stablecoin law opens floodgates for a boom in digital assets, brokers say
Investors are increasingly interested in stablecoins, which are digital tokens pegged to a reference asset like a fiat currency.
Hong Kong to maintain US dollar peg despite geopolitical tensions
SHANGHAI] Hong Kong will maintain its currency peg to the US dollar, the financial hub’s leader said in an interview published on Monday (Jun 9), despite escalating geopolitical tensions and some ...
When pegs fly: Trump-induced turbulence hits Hong Kong dollar, interest rates
U.S. President Donald Trump's erratic policies are rattling a currency peg that has withstood the test of time and is seen as an anchor for China and Asia.
Hong Kong’s US-dollar peg a key success factor and will stay: John Lee
City leader also says Hong Kong's status as yuan offshore centre to be enhanced, while stablecoins are part of 'blue oceans' growth strategy Hong Kong will maintain its currency's peg to the US dollar ...
Hong Kong’s leader says to maintain US dollar peg, despite geopolitical tensions
Hong Kong will maintain its currency peg to the U.S. dollar, the financial hub's leader said in an interview published on Monday, despite escalating geopolitical tensions and some calls to shift to a ...
‘It’s tough’: 30 Hong Kong workers complain as King Parrot Group debt hits HK$5 million
More than 30 of about 120 employees affected by the sudden closure of nine restaurants operated by a giant Hong Kong catering group have sought help from labour authorities, with a representative ...
National and commercial interests must go together, John Lee tells Hong Kong businesses
Chief executive outlines stance amid controversy over CK Hutchison's deal to sell overseas ports to consortium led by US investment giant BlackRock Hong Kong businesses must consider national ...
Hong Kong rate slump is a warning light for global markets
Donald Trump’s gyrations on trade policy have not broken global financial markets just yet — but what is happening in Hong Kong shows they are feeling the strain. The reason zero interest rates in ...
Hong Kong’s stablecoin law opens floodgates for a boom in digital assets
Investors are increasingly interested in stablecoins, which are digital tokens pegged to a reference asset like a fiat currency.
Hong Kong restaurant chain King Parrot Group suspected to have ceased all operations after 33 years in business
The unions said the group has only settled the outstanding salaries for May to June for affected employees, while other entitlements remain unaddressed.