Hong Kong is suffering from severe rise of covid-19 infections. Major banks in the country announced that they will temporarily close from 5 March, ... ( read original story ...)
Here are the Winning and Losing Shares From Hong Kong’s Budget
Hong Kong’s retailers and financial firms may benefit from the city’s annual budget, which includes pandemic relief measures like consumption vouchers and more investment schemes to connect with the ... ( read original story ...)
In full: Hong Kong Budget 2022
Financial Secretary Paul Chan has delivered the 2022 Hong Kong budget. HKFP’s coverage in full: ・HK$10,000 consumption vouchers for all ・Gov’t pledges over HK$54b to fight Covid-19 ‘on all fronts and ... ( read original story ...)
Hong Kong’s coronavirus surge leaves the most vulnerable without a place to isolate
As cases sweep through the cramped territory, denizens of tiny apartments search for places to quarantine and isolate as stipulated by law. ( read original story ...)
Hong Kong’s coronavirus surge leaves the most vulnerable without a place to quarantine
As cases sweep through the cramped territory, denizens of tiny apartments search for places to quarantine and isolate as stipulated by law. ( read original story ...)
Hong Kong to give cash handouts as Covid cases hit record level
Hong Kong launched a new round of cash handouts as the city struggles to contain China’s biggest outbreak of coronavirus since the start of the pandemic, even as economists warn ... ( read original story ...)
Virtual Lenders Shake Up Hong Kong’s Banking Industry
There are some signs that is happening. Winston Yung, a managing partner at McKinsey & Co. in Hong Kong, pointed to traditional banks’ ongoing efforts to keep up with the innovations of their digital ... ( read original story ...)
Hong Kong’s Covid Budget; HSBC Bankers Grounded: Virus Update
Sanofi and GlaxoSmithKline Plc, which stumbled in the race to develop a Covid-19 shot, found their vaccine protects against severe disease and hospitalization and will submit data to regulators for ... ( read original story ...)
Hong Kong unveils $22bn budget as ‘zero COVID’ hammers businesses
Finance chief admits businesses facing ‘intense pressure’ amid restrictions that have shut down much of the city. ( read original story ...)
Hong Kong to provide HK$10,000 vouchers, tax relief
The Hong Kong Special Administrative Region government on Wednesday (Feb 23) proposed allocating HK$54 billion (US$6.92 billion) to step up efforts to stabilise the pandemic situation with the central ... ( read original story ...)
Hong Kong COVID cases hit record as compulsory testing looms
Hong Kong reported a record 8,674 new COVID-19 infections on Wednesday, as the city prepares for compulsory testing of its residents after authorities extended the toughest social restrictions imposed ... ( read original story ...)
Hong Kong announces $21 billion budget to support economy as city battles new Covid wave
Financial Secretary Paul Chan said the spread of the virus has "dealt a heavy blow to many people, disrupting both their life and work." ... ( read original story ...)
Govt to raise mortgage cap for homebuyers
Financial Secretary Paul Chan on Wednesday announced the government will make it easier for property buyers to obtain mortgages for pricier flats – ... ( read original story ...)
Budget 2022-23: Hong Kong offers office and retail rental relief for city’s small businesses
All small businesses will be allowed to defer their retail and office rental payments by up to six months, Financial Secretary Paul Chan said in his budget briefing on Wednesday. ( read original story ...)