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Posted on 26/01/2023

Consul: 20% of Americans in Hong Kong left in past 2 years

HONG KONG (AP) — About 20% of the Americans in Hong Kong have left for various reasons over the past two years, the U.S. consul general in the semi-autonomous Chinese city said, drawing harsh ...

Posted on 26/01/2023

Hong Kong’s card payments market to hit $106.7b in value by 2026

But rising interest rates and ongoing geopolitical tensions threaten growth. Hong Kong’s credit and charge card payments market will be valued $106.7b (HK$831.9b) by 2026, according to a report by ...

Posted on 26/01/2023

Hang Seng Index: Excitement as Golden Cross Forms

What is the outlook of the Hang Seng index as the golden cross pattern nears formation? We explain what to expect.

Posted on 26/01/2023

Opening of borders with mainland China no silver bullet for Hong Kong’s retail sector, economists say

Hong Kong economists do not expect a return of “revenge spending” following the reopening of the city’s borders with mainland China, as more people left than arrived over the Lunar New Year holiday.

Posted on 26/01/2023

Letting Hong Kong leader decide on foreign lawyers in national security trials erodes rule of law: US envoy

The US government’s top envoy to Hong Kong on Wednesday said a recent ruling by the Chinese government that handed the city’s chief executive the power to decide whether a defendant in a national ...

Posted on 26/01/2023

Red Bull’s Phil Wizard to headline Hong Kong breaking event as city’s athletes prepare for Paris Olympics qualifiers

The Under the Lions Rock competition will be held in Tsuen Wan in March and is expected to attract 200 athletes from around the world.

Posted on 26/01/2023

Hong Kong’s stock and gold exchanges resume live ceremony to greet the Year of the Rabbit as businesses return to normal

Businesses are getting back to normal as local stock and gold exchanges greet the Year of the Rabbit by inviting guests to their opening-day ceremonies for the first time since 2019.

Posted on 26/01/2023

Gold jewellery sales in Hong Kong poised to leap 30 per cent in Year of the Rabbit as weddings, mainland tourists return

She is the author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.

Posted on 26/01/2023

China’s IPOs lost their debut sizzle in 2022, boding ill for punters betting on a few quick yuan

That changed in 2019, when the regulator introduced a registration-based system for small-cap IPOs. It allows more flexibility to reflect demand from investors, taking the pricing closer to market ...

Posted on 26/01/2023

Zeekr goes on a hiring spree, Tesla kicks off a price war and Hesai files for an IPO

The Station, a weekly newsletter focused on transportation, looks at Zeekr's hiring spree, Tesla troubles and a price war, and Hesai's IPO.

Posted on 26/01/2023

Hong Kong stocks surge as traders greet Year of the Rabbit by loading up Alibaba, Tencent and Macau casino firms

Hong Kong stocks surged to the highest level since June as trading ... The Tech Index soared 7.5 per cent. Onshore financial markets are closed for the week. Alibaba Group Holding advanced 1.3 per ...

Posted on 26/01/2023

Hong Kong Returns To Lead Most Asian Markets Higher

Hong Kong led the way again, helped by hopes that China's reopening ... still after a run of resilient activity data, lower gas prices, easier financial conditions and earlier China reopening, ...

Posted on 26/01/2023

Hong Kong court finds major bank ANZ was scammed millions in six-year long nickel fraud

A Hong Kong court has found ANZ was defrauded of hundreds of millions of dollars by a trader and his affiliates, and was able to fraudulently obtain financing from the major Australian bank.

Posted on 26/01/2023

Uncertain future for jailed Hong Kong protesters: what’s next for resident doctor, top music graduate and engineer?

Doctor, classical guitarist and engineer describe how their lives have been upended since being jailed over protest.

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