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Posted on 10/09/2023

Investors should look to Hong Kong as financing platform for belt and road infrastructure projects, city’s Paul Chan says

Finance chief touts Hong Kong as key player in China's plan to grow global trade, pointing to city's ample fiscal products and sound legal system 'As the country's international financial centre, Hong ...

Posted on 10/09/2023

Hong Kong Extends Shutdown After Record Rain Overwhelms City

Hong Kong's heaviest rainstorm since records began in 1884 flooded the financial hub's streets and sent torrents of water rushing through subway stations, bringing much of the city to a standstill and ...

Posted on 10/09/2023

Storms Deluge Hong Kong and Other Southern Chinese Cities

Rainstorms caused by remnants of Typhoon Haikui, which had been churning along the Chinese coast, submerged roads and homes, and set rainfall records.

Posted on 10/09/2023

Hong Kong migrants revel in Cantopop concerts, films from home as tears flow, emotions high in ‘collective healing’ at venues in Canada, UK

Emotional scenes as migrants who left in recent years flock to see RubberBand concerts and other Cantopop groups.

Posted on 10/09/2023

Hong Kong luxury home market awaits return of affluent mainland Chinese buyers, as city’s talent scheme powers rentals

The city recorded 42 luxury home sales in the three months to June, down 37.3 per cent quarter on quarter, as high borrowing costs put off investors The decline in Hong Kong luxury flat sales reflects ...

Posted on 10/09/2023

Hong Kong’s investment arm to start funding projects by year-end

The Hong Kong Investment Corp. (HKIC), a government-owned investment operation created last October, is actively selecting potential projects and is expected to begin pouring money into them by ...

Posted on 10/09/2023

Hong Kong’s weather making life more challenging

A WEEK after buildings swayed and the seas swelled under the high winds of super typhoon Saola, Hong Kong faced a new disaster: 600 mm of rain in 24 hours, a deluge that flooded roads, triggered ...

Posted on 10/09/2023

How Gen-X Cops led Hong Kong’s new-style ’90s action films that featured young actors, more special effects … and sub-par scripts

Hong Kong cinema was flagging in the late 1990s, and filmmakers looked to Hollywood for inspiration, changing how they made action films Gen-X Cops was a classic example of the new style, with younger ...

Posted on 10/09/2023

Alibaba’s grocery unit IPO put on ice amid disappointing valuation, Bloomberg reports

China's Alibaba Group Holding Ltd is putting a potential Hong Kong initial public offering of its Freshippo grocery chain on hold amid weak sentiment for consumer stocks, Bloomberg News reported on ...

Posted on 09/09/2023

Hong Kong flood aftermath: retailers call for shopping centre operators to cover thousands of dollars in business losses caused by record rainfall

Some shopping centres were left partially flooded after Hong Kong was struck by worst rainstorm in more than a century on Friday, with clean-up efforts continuing into next day.

Posted on 09/09/2023

Hong Kong police arrest 5 in crackdown on crime syndicates behind laundering of HK$105 million using tens of thousands of prepaid cards

HK$8,000 limit for one-off prepaid cards designed to prevent anonymous money laundering, according to police Two wine trading companies purchased over 40,000 prepaid cards worth more than HK$20 ...

Posted on 09/09/2023

Hong Kong rents to rise by most in 11 years as returning students, new professionals battle for housing: Midland Realty

it is believed that there will be an increasing inflow of talent to Hong Kong in the coming year, which will subsequently boost the local property market,” said Sammy Po, chief executive officer ...

Posted on 09/09/2023

Hong Kong’s much-loved film star Brigitte Lin takes on new role as ambassador for dementia project

Lin, now 68, shares her secrets for retaining a sharp mind as dementia prevention project announcedChinese University and Charles K Kao Foundation for Alzheimer’s Disease join forces to help fight the ...

Posted on 09/09/2023

Alibaba’s Grocery Unit IPO Put on Ice Amid Disappointing Valuation – Bloomberg News

Alibaba has concluded it could likely achieve a valuation of around $4 billion for Freshippo, which is lower than the $6 billion to $10 billion value it was targeting when it considered raising a ...

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