Business leaders in China are under immense pressure, as President Xi Jinping’s government intensifies a regulatory crackdown on companies and strengthens its control of the economy.
Hong Kong’s graft-buster to take tactics global as part of Xi’s ‘clean’ belt and road push
Independent Commission Against Corruption chief Danny Woo reveals details of new academy that will train graft-busters from overseas Approach could answer Chinese President Xi Jinping's call made at ...
Gay Games: Hong Kong delivers ‘rainbows’ despite political clouds
Hong Kong's reputation however has kept others away. Its stringent Covid response - the city did not fully welcome back foreign tourists until September last year - also meant that the Games ...
Hong Kong Q3 GDP expands 4.1% on-year, growth forecast revised lower
Hong Kong's economy expanded 4.1 per cent in the third quarter from a year earlier, beating growth of 1.5 per cent in the second quarter and 2.9 per cent in the first, the government said on Friday ...
Hong Kong police arrest 4 on suspicion of conning 11 people out of HK$8.5 million
Fraud syndicate members posed as bank employees and cold-called targets to offer loans with low interest rates Victims include retired civil servant who lost his entire HK$2 million retirement fund to ...
Syngenta IPO Delay Underscores Asia’s Listing Malaise
Hi, it’s Alexandra Muller in London and Filipe Pacheco in Hong Kong. As noted in Thursday’s newsletter, some folks are starting to become more optimistic about M&A in Asia. The same can’t be said for ...
Hong Kong revises down full-year growth forecast to 3.2%, expert warns geopolitical tensions, high interest rates to affect economic outlook
Government economist Adolph Leung warns worsening external environment will continue to affect city’s economic outlook.
Chinese Estates’ Joseph Lau says he would not dare buy property amid high interest rates in Hong Kong
The property magnate and Chinese Estates founder says high interest rates are forcing businesspeople to recalculate their investments and potential returns. ‘It’s better to hold on to the money now.’ ...
Hong Kong poised to attract more of Asia’s wealth as measures draw family offices: JPMorgan’s Hong Kong CEO
Hong Kong is probably going to be one of the biggest wealth centres in the world, and Singapore is catching up very quickly,’ says Harshika Patel.
Senior Beijing official in Hong Kong hits out at US lawmakers’ proposed sanctions, rejecting accusations over national security law
Liu Guangyuan, deputy director of central government’s liaison office in the city, says national security law’s implementation has improved business environment.
Hong Kong’s first green loan for logistics sector, worth US$1.13 billion, will finance cold storage facility in Kwai Chung
ESR Group, a real estate services and investment company, and property firm Chinachem Group have secured Hong Kong's first green loan for a logistics facility, worth HK$8.8 billion (US$1.13 billion).
Ransomware attack on China’s biggest bank may have hit US Treasury market
A US unit of the Industrial and Commercial Bank of China (ICBC) was hit by a ransomware attack this week that disrupted some of its systems, reportedly hitting liquidity in US Treasuries which may ...
Jimmy Lai: Hong Kong hits back after 10 overseas Catholic leaders attack ‘persecution’ of tycoon
Government says Catholic leaders’ petition calling for release of Jimmy Lai is ‘misleading and slanderous’ and accused the clerics of undermining rule of law.
Hong Kong Q3 GDP expands 4.1% y/y, growth forecast revised lower
Hong Kong's economy expanded 4.1% in the third quarter from a year earlier, the government said on Friday, adding that inbound tourism and private consumption would underpin growth for the rest of the ...