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Posted on 26/01/2024

China property: Evergrande’s Hengda unit to sell stake in Shantou project for US$19.4 million as Hong Kong court hearing nears

A unit of China Evergrande Group, the most indebted property developer in mainland China, has agreed to sell its stake in a project in Shantou, southern Guangdong province, continuing to pare down ...

Posted on 26/01/2024

In Hong Kong, decades of wealth gains evaporate on China’s watch

Hong Kong’s stock market is lower today than it was in 1997 when the territory returned to Chinese sovereignty. ] ...

Posted on 26/01/2024

Hong Kong’s tourism numbers to return to pre-Covid levels by end of 2025, new platform forecasts

Hong Kong's tourism numbers are projected to return to pre-pandemic levels by the end of 2025, a year later than in neighbouring Macau, according to a new forecasting platform developed by a local ...

Posted on 26/01/2024

The Ultimate Guide to Maximizing Your Fortune in Hong Kong

With this “Ultimate Guide to a Prosperous Year of the Dragon” curated by feng shui master Mak Ling Ling, you can effortlessly unlock a perfect new year while immersed in the festive bliss around Hong ...

Posted on 26/01/2024

India’s Stock Market Is Now as Big as Hong Kong’s. 4 Charts Explain Why.

The Hang Seng Index, which tracks the 80 largest companies trading on the Hong Kong exchange, declined 32% over the past year. It is near its lowest level in almost two decades. The IPO Story Tumbling ...

Posted on 26/01/2024

In Hong Kong, decades of wealth gains evaporate on Beijing’s watch

It was not the first time Lam, who has been investing on and off in Hong Kong stocks since the late 1990s, had seen it happen. The index dropped below 15,000 points during SARS in 2003, the Global ...

Posted on 26/01/2024

‘Hard to believe’: Hong Kong ‘lagging behind’ in e-payments as Octopus card and cash keep grip on shoppers, merchants

Some platforms have grown in popularity since pandemic, but merchants complain about relatively high transaction fees for e-payment systems, say they prefer cash.

Posted on 26/01/2024

Hong Kong’s Economy Is Struggling. Will It Crack in 2024?

While there will be tailwinds for Hong Kong’s economy in 2024, both immediate and long-term challenges remain.

Posted on 26/01/2024

Hong Kong Life in Amazon’s Expats Is Tragic, Lonely and Boring

Nicole Kidman showed up in Hong Kong to shoot the new Amazon miniseries, Expats, at a particularly awkward moment for the city. It was August 2021, when China (and by extension, Hong Kong) was ...

Posted on 26/01/2024

Hong Kong stocks open down after 3-day rally

Hong Kong stocks opened lower on Friday morning as profit-takers moved in after a three-day rally that saw the market pile on more than eight ...

Posted on 26/01/2024

After disgraced crypto entrepreneur’s ‘enjoyable’ Singapore prison experience, focus turns to exchange in Hong Kong

As has been common in the industry, OPNX has not listed a location for its headquarters. However, it registered an office in Hong Kong’s Central business district last May, with Lamb listed as a ...

Posted on 26/01/2024

Hong Kong’s office slump squeezes real estate funds

Hong Kong: Real estate funds are getting caught in Hong Kong ... That was before global financial firms cut space as business prospects dwindled and workers left the city amid tightening restrictions ...

Posted on 26/01/2024

Hong Kong to launch subsidy scheme for green fintech start-ups to bolster sustainability data acumen, official says

The Hong Kong government will soon launch a subsidy scheme for start-ups with expertise in the collection, analysis and reporting of sustainability data as part of an effort to connect the city's ...

Posted on 26/01/2024

Plan Your Chinese New Year Getaway and Enjoy an Unforgettable Valentine’s Day in Hong Kong

Known for its distinctive East-meets-West culture, Hong Kong is an ideal city for couples to celebrate both Valentine's Day and Chinese New Year ...

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