There have been calls by entrepreneurs and investors in Hong Kong towards the government, urging it to be supportive ... ( read original story ...)
Evergrande crisis: receivers put Hong Kong trophy headquarters building on market as lenders run out of patience
Evergrande can only watch as receivers of its Hong Kong headquarters building in Wan Chai engage Savills to put the asset on the market to recover debt. ( read original story ...)
Travel Plays Fly On Hong Kong & Macau Reopening, PBOC Pumps Brakes On CNY Depreciation
Asian equities were off with an emphasis on growth stocks except for Hong Kong, as internet stocks outperformed. ( read original story ...)
Coronavirus: Hong Kong’s ‘0+3’ scheme is here, but travellers are not. Industry observers say impact of relaxed border measures will take time
City ended mandatory hotel quarantine for overseas arrivals on Monday, but popular spots still largely visited by locals Retailers worry business will now suffer even more as Hongkongers look to ... ( read original story ...)
How Hong Kong homebuyers have seen their purchasing power shrink by HK$1 million since January
The erosion in buying power comes after increases in both the Hibor and banks' prime rates HKMA on Friday relaxed its stress-test requirements for new mortgage borrowers by 100 basis points Owning a ... ( read original story ...)
Hong Kong Mortgage Costs Spiking With 97% on Floating Rates
Almost all homebuyers in the world’s least affordable housing market are tied to a floating interest rate, making the city’s property market among the most vulnerable to tightening monetary policies. ( read original story ...)
Fintech start-up KPay completes US$10 million financing
Fintech start-up KPay Merchant Service Limited ( KPay ) is pleased to announce that it has completed a US$10 million financing round, with the support of its founders. KPay has developed rapidly since ... ( read original story ...)
Airlines add flights to Hong Kong but the aviation hub won’t be back to normal anytime soon
International airlines are scrambling to add more flights to Hong Kong as the city ends two and a half years of quarantine measures, leading to a surge in demand for travel. ( read original story ...)
HSBC slides, Hong Kong stocks extend sell-off from 11-year low as policy hawks fuel recession concerns
Stocks slide further to 2011-low after entering bear-market zone last week as HSBC slumps amid recession fears Hong Kong scraps mandatory quarantine rules from today as the financial industry calls ... ( read original story ...)
Ending Hong Kong’s hotel quarantine is a step forward for tourism sector: AmCham Hong Kong
Joseph Armas of the American Chamber of Commerce in Hong Kong says, however, that doing away with Covid-19 tests will attract more tourists and business travelers back to Hong Kong. ( read original story ...)
Hong Kong prepares for surge in travel after COVID curbs ease
Hong Kong is readying for a surge in travel after the global financial hub ended mandatory COVID-19 hotel quarantine for international arrivals on Monday, with travel companies reporting 10-fold jumps ... ( read original story ...)
Hong Kong IPOs suffer from business downturn, China tension
September, the total IPO deal value in Hong Kong stood at only US$7.77 billion, the lowest since 2013. That volume is expected to be boosted by Thursday’s IPO from Leapmotor, which is likely to be the ... ( read original story ...)
Hong Kong stocks waver at 11-year low amid recession concerns as full border reopening awaited
Stocks hold at 2011-low after slipping into bear-market zone last week as Alibaba, Xpeng and WuXi Biologics pace winners while HSBC slumps Hong Kong scraps mandatory quarantine rules from today as the ... ( read original story ...)
Hong Kong puts 90-year-old cardinal on trial over protest fund
Cardinal Joseph Zen, a 90-year-old former bishop of Hong Kong and outspoken critic of China's ruling Communist Party, went on trial Monday over his role in a relief fund for the city's pro-democracy ... ( read original story ...)