slipped as Hong Kong home prices dropped 15.6% in 2022, snapping 13 years of gain. ** The sub-index of the Hang Seng tracking energy shares rose 0.7%, while the IT sector added 0.47%, the financial ...
Nothing will stop the China travel tide, says McKinsey
The findings of a new McKinsey&Company report which examines China’s travel rebound following the country’s lifting of travel restrictions reveals that while travel from China will not pick up as ...
Assessing Hong Kong’s Future as a Global Business Hub
Several years have passed since Beijing began tightening its grip on Hong Kong, most notably via the imposition of the National Security Law in 2020. How has the city’s changed political environment ...
HSBC Shares Become Most Overbought Since 1986 After 50% Rally
That’s the highest reading for HSBC’s Hong Kong-listed shares in Bloomberg data going back to 1986, and puts the stock’s RSI atop the 76-member Hang Seng Index.
Hong Kong Home Prices Drop 15.6% in 2022, Snap 13 Years of Gain
Private home prices in Hong Kong, one of the most unaffordable territories in the world, fell 15.6% in 2022 in the first annual drop since 2008, official data showed on Friday. Prices in the Asian ...
Hong Kong to Ban CBD, Label It a ‘Dangerous Drug’
- An employee adds drops of water-soluble CBD, or cannabidiol, an essential component of medical marijuana, into a coffee glass at the Found Cafe in Hong Kong on Sept. 13, 2020.Hong Kong will ban cannabidiol or CBD from the beginning of next month,
Asian markets build on rally on hopes US will avoid recession
Asian markets rose again Friday as fears about a possible recession in the US economy were soothed by data showing it grew more than expected in 2022, adding to the broadly upbeat tone across ...
FirstFT: Hong Kong citizens facing Chinese repression can remain in US
US president Joe Biden has extended a programme that allows Hong Kong citizens facing potential political repression from China to remain in the US following pressure from progressive lawmakers and ...
Joe Biden to allow Hong Kong citizens facing Chinese repression to remain in US
Joe Biden has extended a programme that allows Hong Kong citizens facing potential political repression from China to remain in the US following pressure from progressive lawmakers and human rights ...
Biden extends Hong Kong overstayers’ deportation stay for two years
President Biden granted an 11th-hour reprieve from deportation Thursday to thousands of Hong Kong residents, saying they could remain in the United States for another two years.
Biden extends deportation protection for Hong Kong residents
President Joe Biden on Thursday signed off on a two-year extension of a program that protects Hong Kong residents in the U.S. from deportation, renewing the protection until January 2025.
Xiaomi Shares Rise After EV Plans Leak
In recent days, leaked photos of car moldings related to Xiaomi's electric-vehicle plans have been circulated by users of Chinese social-media website Weibo.
70,000 Americans, 1,3000 US companies are currently present in Hong Kong
Roughly 15,000 Americans have left Hong Kong in the past two years for various reasons. Strict COVID-19 measures and "diminishing freedom" are two reasons Americans leave.
Hong Kong’s financial market ready to take big leap in Year of Rabbit
Hong Kong's stocks and gold went up on Thursday, with the benchmark Hang Seng Index rose 341.72 points to open at 22,386.37 points, while gold fetched 18,088 Hong Kong dollars (about 2,319 U.S.