Hong Kong will scrap its controversial COVID-19 hotel quarantine policy for all arrivals from early October, more than 2-1/2 years after it was first adopted, news portal HK01 said on Thursday, citing ... ( read original story ...)
Hong Kong’s Hang Seng on Track for Lowest Close in More Than a Decade
Rising rates, fears over China’s slowdown and Russia’s invasion of Ukraine have driven stock prices lower in Hong Kong. ( read original story ...)
Hong Kong Finance Chief Says No Sharp Risk to Property Prices
HONG KONG (Reuters) -Hong Kong's finance chief said on Thursday he does not see a sharp risk to the city's real estate market nor a need to adjust property control measures, as the financial hub ... ( read original story ...)
‘Very High Chance’ Hong Kong Will End Year In Recession
"There is a very high chance for Hong Kong to record a negative GDP growth for this year," Financial Secretary Paul Chan told reporters, adding that interest rates were being raised "at a pace that ... ( read original story ...)
Hong Kong’s Share of Asian IPOs Slumps to Over Two-Decade Low
Hong Kong’s share of regional initial public offerings has shrunk to the lowest in more than two decades despite a recent pick up in deals, costing the financial hub its position as one of Asia’s ... ( read original story ...)
China property IPO bets on big name to calm fears
Big names generate deal interest, but that comes with risks, too. China Vanke , the biggest private developer by market value in the People’s Republic, is braving both rocky stock markets and the ... ( read original story ...)
Hong Kong central bank raises interest rate after Fed hike, HSBC follows
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points (bps) to 3.5%, hours after the U.S. Federal Reserve delivered ... ( read original story ...)
HSBC to Raise Best Lending Rate to 5.125% After HK Rate Hike
HSBC Holdings said on Thursday it raised its best lending rate in Hong Kong by 12.5 basis points to 5.125% effective Sept. 23 after the city's central bank raised the base rate charged through its ... ( read original story ...)
Businesses fleeing to Singapore from Hong Kong dealing with soaring inflation costs in city state
With inflation soaring to the highest level in 14 years, expenses are rising at a faster pace in Singapore than in its financial rival, where price increases have been more modest. ( read original story ...)
‘Very high chance’ Hong Kong will end year in recession: Finance Chief
Hong Kong is set to end the year in the midst of a full-blown recession, the city's finance chief warned on Thursday (Sep 22), as COVID-19 controls and spiralling interest rates hammer the economy. ( read original story ...)
Hong Kong homes on the verge of becoming least affordable in 24 years
Hong Kong housing is at risk of becoming the least affordable in 24 years, as rate hikes by the US Federal Reserve drive up borrowing costs in the Asian financial hub ... ( read original story ...)
Cheap mealboxes a taste of Hong Kong’s economic woes
Hong Konger Kitty Chan pivoted to takeout to help her restaurant survive the pandemic, but she has since opened a second shop as demand for cheap ... ( read original story ...)
Hong Kong Could Declare End to Quarantine in Days, Lawmaker Says
Anticipation is mounting that Hong Kong will scrap hotel quarantine for inbound travelers, with an announcement possible in the coming days, as the city tries to maintain its status as a global ... ( read original story ...)
Hong Kong Stocks Tumble to 2011 Low on Fed, Geopolitical Risks
Broad selling on concerns about the Federal Reserve’s relentless campaign to fight inflation and growing US-China tensions sent Hong Kong stocks tumbling to decade lows. Most Read from BloombergPutin ... ( read original story ...)