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Posted on 09/05/2023

HKeToll: smooth start on first working day for Hong Kong’s new automatic payment system, fewer motorists hesitating at closed booths

Hong Kong’s new automatic toll system at the Tsing Sha Control Area got off to a smooth start on the first working day of operations on Monday morning, with fewer motorists seen hesitating before ...

Posted on 08/05/2023

Most Japanese firms in Hong Kong keen on expanding operations to regions covered by world’s largest free-trade pact, survey finds

Although Hong Kong is not yet a member of the Regional Comprehensive Economic Partnership, the city is still a premier platform for trade pact, Japanese firms say City's core strength lies in its ...

Posted on 08/05/2023

Seized US$892 million Hong Kong commercial property put on sale as tycoon Chen Hongtian fights to reclaim it

One HarbourGate East Tower in Hung Hom has been put on the market for tender sale by its receivers, according to real estate firm Savills The announcement came after Chen Hongtian said on Friday he ...

Posted on 08/05/2023

Exclusive-HSBC reaches deal to buy out China fund partner -sources

HSBC has agreed to buy out its China fund management joint venture partner, two people familiar with the matter said, as the Asia-focused bank pushes ahead with expansion in the world's second-largest ...

Posted on 08/05/2023

Hong Kong Receives First LNG Shipment to Help Phase Out Coal

Hong Kong received its first ever shipment of liquefied natural gas amid a wider push to reduce reliance on coal.

Posted on 08/05/2023

Hong Kong stocks make upbeat start to week as traders look past weak earnings, await China economic figures

Hong Kong stocks made a positive start to the week after solid US payroll data calmed worries about a recession in the world’s biggest economy but investors remain watchful ahead of critical economic ...

Posted on 08/05/2023

Hong Kong:Has the Property Market Bottomed Out?

Whilst we acknowledge this fact, we would like to point out that the property market seems to be bottoming out in Hong Kong, which is particularly surprising given the elevated rates environment. In ...

Posted on 08/05/2023

Euphoria over China’s SOEs, AI inflate price gap for stocks listed on mainland and Hong Kong bourses to 5-month high

The A-shares of 150 dual-listed companies commanded a 42 per cent premium over their H-share counterparts this month, versus a 10-year average of 26 per cent Among the biggest discrepancies, the ...

Posted on 08/05/2023

Chinese tycoon’s $1.18 billion Hong Kong tower put on sale by creditors

Hong Kong has seen a rise in properties of Chinese developers going on the market in recent months. Read more at straitstimes.com.

Posted on 08/05/2023

Hang Seng Bank warns of fraudulent facebook account

The bank said that it will never ask customers to give their personal information through embedded links. Hong Kong’s Hang Seng Bank is warning the public of a fraudulent facebook account claiming to ...

Posted on 08/05/2023

China, Hong Kong stocks rise, banks lift Shanghai index to 10-month high

China and Hong Kong stocks rose on Monday, as banks and energy shares climbed on hopes that a rebound in the country's services consumption would benefit those sectors.

Posted on 08/05/2023

Alibaba logistics arm eyes up to $2 billion Hong Kong IPO -sources

Alibaba's logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matter said, bolstering hopes for a capital markets revival in ...

Posted on 08/05/2023

Hong Kong’s bamboo scaffolders preserve ancient technique

Mo Jia Yu wraps his legs around a pole to balance high above the ground and secure a joint, a skill he must master to become a bamboo scaffolder in Hong Kong."You need courage as well as skill to ...

Posted on 08/05/2023

Hong Kong to step in as ‘options are dwindling’ globally — FinTech chair

Neil Tan, the chair of the FinTech Association of Hong Kong, says retail traders could be welcome in the city as other regions and governments step back from permitting everyday people to trade ...

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