Hong Kong shares ended higher on Friday, with investors positioning for a strong opening for the mainland China markets after the Lunar New Year break.
Hong Kong home prices fell 15.6 per cent in 2022, ending 13-year rising trend
The 15.6 per cent decline in the lived-in home price index last year was the biggest since a 32.5 per cent plunge during the Asian financial crisis in 1998 The index fell for a seventh month in ...
Hong Kong protests Biden extension of deportation protection
Hong Kong has protested President Joe Biden’s two-year extension of a program that protects residents of the semi-autonomous Chinese city living in the U_S_ from deportation, accusing Washington of ...
Mirror Concert Incident: Hong Kong Files 15 Charges Against Contractors
Authorities in Hong Kong have initiated new prosecutions against contractors following the incident in July last year when a giant video screen fell from the ceiling of a venue where popular boy ...
Hong Kong labels CBD a ‘dangerous drug, plans ban and penalties including life in prison for possession, smuggling
Hong Kong will ban CBD starting Wednesday, categorizing it as a “dangerous drug” and mandating harsh penalties for its smuggling, production and possession, customs authorities announced Friday.
Hong Kong home prices fell 15.6 per cent in 2022, ending 13-year winning streak
Home prices in Hong Kong fell by the most in 24 years in 2022, but the housing market is likely to stabilise this year amid improving stock market and economic sentiment, according to analysts.
Asian markets extend 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 trading ...
Hong Kong stocks ease ahead of China market reopening after Lunar New Year holiday
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 ...