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Posted on 24/09/2024

Avolta To Buy Hong Kong Duty-Free Retailer, Lifting Asia Pacific Sales To $1 Billion

The move from Avolta takes advantage of a slow market in China and its impact on Hong Kong where Free Duty is based. It will add an estimated $300 million revenue in FY2024.

Posted on 24/09/2024

Hong Kong, Turkey agree on double taxation avoidance in boost for Belt and Road Initiative

Turkey is among Hong Kong’s 30 top trading partners and a key country in Belt and Road Initiative, government says.

Posted on 24/09/2024

Festive Korea 2024: Catch the biggest celebration of Korean culture in Hong Kong

Catch Festive Korea 2024 for the biggest celebration of Korean culture in Hong Kong. Find out more details including what to expect.

Posted on 24/09/2024

Hong Kong’s Hang Seng Index surpasses 19,000 points

HONG KONG, Sept. 24 (Xinhua) -- Hong Kong's benchmark Hang Seng Index surged more than 4 percent to surpass the 19,000 mark during Tuesday's afternoon trading, as a slew of pro-growth measures boosted ...

Posted on 24/09/2024

Hong Kong stocks surge over 3% as PBOC announces a slew of policy easing measures in rare briefing

The People's Bank of China has announced that it will reduce the reserve requirement ratio by 50 basis points, among other measures.

Posted on 24/09/2024

Hong Kong, Shanghai lead markets rally after China stimulus

Hong Kong and Shanghai stocks led gains across Asia and Europe on Tuesday after China unveiled fresh stimulus measures as the country's leaders struggle to kickstart growth in the world's number two ...

Posted on 24/09/2024

Property stocks in Hong Kong rally on homes mortgage stimulus

Hang Seng Mainland Properties Index surged as much as 5% after PBOC Gov. Pan Gongsheng announced several measures on Tuesday.

Posted on 24/09/2024

Asia: Hong Kong, Shanghai rally on China stimulus on mixed day for markets

HONG Kong and Shanghai stocks rallied on Tuesday after China unveiled fresh stimulus measures as the country’s leaders struggle to kickstart growth in the world’s number two economy. Read more at The ...

Posted on 24/09/2024

Hong Kong, Shanghai rally on China stimulus on mixed day for markets

Hong Kong and Shanghai stocks rallied Tuesday after China unveiled fresh stimulus measures as the country's leaders struggle to kickstart growth in the world's number two economy. After a string of ...

Posted on 24/09/2024

Despite their many differences, Hong Kong and Singapore’s property markets both show that a monetary easing cycle is not a panacea

Despite their many differences, Hong Kong and Singapore’s property markets both show that a monetary easing cycle is not a panacea.

Posted on 24/09/2024

Meet the Hong Kong billionaires behind some of the world’s glitziest hotels — and the generation who could inherit the empire

Cheng Yu-Teng turned his profits from selling jewelry into a multibillion real estate empire now run by his grandchildren.

Posted on 24/09/2024

Hong Kong dazzled by drone shows but creative content, fewer rules needed, experts say

Creativity is key to keep attracting people to drone shows while commercial elements also need to be strengthened, lawmaker says.

Posted on 24/09/2024

Hong Kong’s advanced materials institute plans to extend R&D services to Greater Bay Area

Non-profit institute sees opportunities in licensing its technology to generate income to fund new equipment and facilities, CEO Fung says.

Posted on 24/09/2024

Hong Kong’s e-HKD project expands into tokenization, programmability

The Hong Kong Monetary Authority (HKMA) has launched the second phase of the digital Hong Kong dollar (e-HKD) pilot study with 21 financial institutions working on 11 use cases for the central bank ...

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