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Posted on 16/01/2024

Hong Kong’s property bears top 17 global markets in pessimism, spooked by higher rates, tepid growth and weak demand, CBRE survey shows

Hong Kong’s decade-long property bull run, stopped in its tracks during the pandemic, plunged into negative territory after the local monetary authority raised interest rates in lockstep with the US ...

Posted on 16/01/2024

Hong Kong stocks tumble 2% amid broader decline in Asia markets, China gains

Asia-Pacific markets were set for a mixed open Tuesday, with Japan looking set to extend its rally to a seventh straight day. The country’s benchmark Nikkei 225 has surged this year, hitting key ...

Posted on 16/01/2024

Hong Kong police investigate email scam following German pharmaceutical firm’s report it was swindled out of more than RM15.34mil

German firm had been conducting business with supplier from mainland China via email and was allegedly tricked by criminals into making transfer. In separate case involving European firm, Hong ...

Posted on 16/01/2024

In Broad Daylight review – Hong Kong newsroom drama shines light on care home scandal

Lawrence Kwan’s film makes some insightful points about journalism while letting in a few cliches too ...

Posted on 16/01/2024

Hong Kong finance minister discusses deeper cooperation with Saudi counterpart in Davos, calls on Arab firms to expand into Asian markets

Paul Chan praises ‘encouraging progress’ in cooperation with Saudi Arabia in Davos, looks forward to boosting bilateral financial, business ties.

Posted on 16/01/2024

Hong Kong’s leader asks environment chief to devise ‘sharper, clearer’ strategies to ensure public awareness of waste-charging scheme

Chief Executive John Lee says large-scale, continuous and repeated efforts are needed to enhance awareness of scheme 'In the end, what the residents need to do will be very simple,' environment chief ...

Posted on 16/01/2024

Chinese Property Stocks Fall on Subdued Sentiment Following Weak Sales

Chinese property stocks fell in Hong Kong on subdued investor sentiment, with companies reporting weaker contracted sales for December and the full year of 2023 as the property sector downturn ...

Posted on 16/01/2024

Chinese EV-Charging Company Star Charge Aims for Hong Kong IPO in Late 2024

Star Charge, a Chinese maker of electric-vehicle charging stations, aims to go public in Hong Kong as early as the second half of 2024, according to people familiar with the matter.

Posted on 16/01/2024

Hong Kong stocks slip as China’s central bank dents rate-cut bets, Baidu sinks on AI chatbot and military controversy

China’s central bank kept its key policy lending rates unchanged, dashing hopes of a quick-fix policy stimulus. Baidu sank on report Chinese military labs were gauging its AI chatbot.

Posted on 16/01/2024

Hong Kong’s abandoned villages the ‘spooky’ subject of a new photo book and exhibition that document ‘what’s disappearing’ in the city

In his new photo book Abandoned Villages of Hong Kong, British urban explorer Stefan Irvine documents ‘eerie’ deserted buildings and furniture found inside them to preserve the memory of them.

Posted on 16/01/2024

Jimmy Lai trial: Hong Kong court dismisses mogul’s request to throw out prosecution witness’ ‘irrelevant’ evidence on foreign sanctions

Prosecution seeks to rely on professor Wang Guiguo’s testimony to show legal effects of various US pieces of legislation on city.

Posted on 16/01/2024

Hong Kong hiking experts say be mindful of body’s limits and don’t blindly rely on social media for trail tips

Hong Kong hiking experts urge those hitting the trails not to skip preparation and planning, after two mainland Chinese tourists drowned during seaside trek 'There are a lot of recommendations on ...

Posted on 16/01/2024

China Reaffirms Support For Offshore IPOs, But New Listings Likely To Remain Small

A top Chinese securities regulator said 86 companies have successfully registered to make IPOs in Hong Kong and the U.S. since the launch of a new registration system last March.

Posted on 16/01/2024

HSBC, Standard Chartered, Bank of China among lenders waiving fees for Hong Kong airport operator’s US$640 million retail bond

Banks such as HSBC are waiving off many types of charges, including subscription, safe custody and transaction fees Investors are shifting their attention to the high-quality bond offering from the ...

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