In a starkly different approach from the U.S. and many other places around the world, Hong Kong moved to ban CBD and categorize it as a dangerous drug last October, and the ban begins on Wednesday.
Hong Kong’s Exchange Fund records HK$202.4 billion 2022 investment loss, outlook uncertain
HONG Kong’s Exchange Fund, which is used to back the Hong Kong dollar, reported an investment loss of HK$202.4 billion (S$33.9 billion) in 2022, the Hong Kong Monetary Authority (HKMA) said on Monday ...
Pandemic pushes digital banking in China, HK
Over the past 12 months, mobile banking apps and online banking were the most-used channels, across different age groups and asset levels, note two reports published by Bain & Company, namely "How to ...
No protest rallies approved in 3 years due to ‘health’ concerns, say Hong Kong security chief
Hong Kong authorities have not approved any demonstrations in three years because of Covid-19 health concerns, the city’s security chief has said. Secretary for Security Chris Tang said in a recent ...
Hong Kong’s recovery gets off to a solid start in 2023
VCG. Hong Kong's economic recovery has got off to a solid start with the reopening of the border with the Chinese mainland and adjustment of COVID-19 response. A ...
Hong Kong Exchange Fund reports worst year on record in 2022 as it lost US$25.8 billion amid ‘perfect storm’, HKMA says
The loss far surpasses the previous worst annual decline of US$9.6 billion in 2008 for the war chest that defends the Hong Kong dollar from attacks by short-sellers.
Patients behaving strangely: Hong Kong doctors report people chasing Covid antivirals, collecting for many ‘family members’
Some people in Hong Kong have been acting suspiciously to get their hands on Covid-19 antiviral drugs, the Post has learned, with one person going to six doctors in a single day asking for the same ...
Hong Kong airlines forced to cancel 150 flights to Japan as country restricts number of planes arriving from city
Cathay Pacific and HK Express will each scrap up to 15 flights per week between February 3 and March 2 to comply with Japanese government's restrictions Affected passengers can rebook or receive ...
Hong Kong Wealth Fund Posts $26 Billion Record Loss in 2022
Hong Kong’s wealth fund suffered a HK$202.4 billion ($25.8 billion) record loss in 2022, hurt by a selloff in stocks and bonds as interest rates rose.
UPDATE 1-Hong Kong’s Exchange Fund records HK$202.4 bln 2022 investment loss, outlook uncertain
Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, reported an investment loss of HK$202.4 billion ($25.8 billion) in 2022, the Hong Kong Monetary Authority (HKMA) said on Monday, ...
BOC seizes P23.8-M worth of smuggled refined sugar from Hong Kong
MANILA, Philippines — The Bureau of Customs (BOC) has seized over P23.8 million worth of smuggled refined sugar from Hong Kong at the Manila International Container Port (MICP) amid the agency ...
Hong Kong doctors report people chasing Covid antivirals ‘for family members’
Some people in Hong Kong have been acting suspiciously to get their hands on Covid-19 antiviral drugs, the Post has learned, with one person going to six doctors in a single day asking for the same ...
Coronavirus: Covid patients head for exits as Hong Kong ends mandatory isolation but shuttle bus drivers worry about infection risks
Dozens of patients take shuttle buses from Penny's Bay isolation centre to a drop-off point at Tsing Yi MTR station on Monday morning Hundreds were allowed to leave the camp after midnight when one of ...
Hong Kong: property agents share top tips for expats on how to strike the best rental deals in city
Expats should be open-minded and willing to compromise, say agents, with property typically smaller than in other markets.