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Posted on 27/10/2023

Hong Kong policy address 2023: foreign business chambers welcome multi-entry visa to mainland China, but call for easier travel to Greater Bay Area

Commerce groups say city leader's decision to offer foreign staff of overseas companies registered in Hong Kong multi-entry visa is step in right direction Foreign business leaders also call for ...

Posted on 27/10/2023

LET Group sells Hong Kong unit for US$2.6mln

LET Group Holdings Ltd, a Hong Kong-listed investor in a number of Asian casino projects, says that an indirect wholly-owned subsidiary has completed the disposal of a Hong Kong business unit, for a ...

Posted on 27/10/2023

Hong Kong property sales could surge after easing measures — but don’t expect prices to pop

Questions remain on whether Hong Kong's easing of property measures is enough to boost market sentiment and low transaction volumes for the private housing sector. For the market to fully recover, ...

Posted on 27/10/2023

Hong Kong’s Second Biggest IPO of Year to Seal Founder’s Fortune

Another billionaire has been minted thanks to the online shopping boom that’s expanding from China to Southeast Asia.

Posted on 27/10/2023

Hong Kong to record higher-than-expected deficit this year as shrinking income from stamp duties, land sales hurts public coffers: Paul Chan

Finance chief assures stakeholders that government has no plans to raise salary and profit taxes, expresses confidence in efforts to bring in companies to boost revenue.

Posted on 27/10/2023

Hong Kong finance chiefs seen favouring hybrid work arrangements with eye on ‘meaningful boost’ to firms’ bottom lines amid economic uncertainties, IWG says

City's CFOs are looking at cost savings 'as they brace for a potential local economic downturn and possible global recession', Swiss flexible office space provider says Not only does hybrid working ...

Posted on 27/10/2023

Hong Kong Wine and Dine Festival returns to harbourfront in full form after years bottled up by pandemic

About 300 stalls are offering food and drink, showcasing dishes from 17 countries and regions and fine wines from Italy, France, mainland China and elsewhere.

Posted on 27/10/2023

Mainland China & Hong Kong Outperform Asia As Buyback Bonanza Continues

Asia was a sea of red except for Mainland China and Hong Kong following US tech’s drawdown and the continuing crisis in the Middle East.

Posted on 26/10/2023

Courier J&T Global Express could raise as much as US$520 million from Hong Kong IPO after offering oversubscribed

J&T Global Express, an Asian courier service group based in Shanghai, could raise as much as HK$4.1 billion (US$520 million) from its initial public offering (IPO) after orders from investors exceeded ...

Posted on 26/10/2023

UPDATE 1-China’s net gold imports via Hong Kong fall 11% m/m in September

The Hong Kong numbers were also in contrast to official data showing that the People’s Bank of China extended its streak of central bank gold purchases to an eleventh straight month at end-September.

Posted on 26/10/2023

HSBC share price forms a worrying chart pattern ahead of earnings

HSBC (LON: HSBA) share price has pulled back in the past few weeks as investors remain concerned about its exposure to China. After peaking at 664p earlier this month, the stock has plunged by more ...

Posted on 26/10/2023

Hong Kong hopes a one-off $2500 check for new parents will help lift one of the developed world’s lowest birth rates

Families are having fewer children, if at all. Schools are closing due to a lack of students. And the city is still recovering from a years-long exodus of residents unhappy with political uncertainty ...

Posted on 26/10/2023

FII: Hong Kong firm ASPACE signs deal to build Saudi Arabia’s aerospace sector from scratch, to invest US$200 million

ASPACE Hong Kong Satellite Manufacturing Center, a subsidiary of Hong Kong Aerospace Technology Group, has signed an agreement with Saudi Arabia to develop satellites and will invest an initial amount ...

Posted on 26/10/2023

Hong Kong Exports Fall Again as Weak Demand Persists

Hong Kong’s exports in September fell again, extending their longest streak of monthly declines, as weak demand and China’s uncertain recovery continue to weigh on the financial hub.

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