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Posted on 06/05/2024

Hong Kong Private Sector PMI Slips In April – S&P Global

The private sector in Hong Kong continued to expand in April, although at a slower pace, the latest survey from S&P Global revealed ...

Posted on 06/05/2024

Hong Kong baby with ‘irreversible’ brain damage, Teresa Teng’s death and what the butler saw: 5 weekend reads you missed

We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing.

Posted on 06/05/2024

Hong Kong property: mainland Chinese buyers snapping up 8 out of 10 new homes in some sales, agents say

Mainland Chinese buyers account for anywhere from 30 per cent up to 80 per cent of the sales in some recent launches, according to agents The strong return of mainland Chinese buyers is boosting hopes ...

Posted on 06/05/2024

HSBC HOLDINGS’ Shr Price in London Last Leaps ~3%, ~1% Ahead of Closing Price in HK

HSBC HOLDINGS (00005.HK)'s 1Q24 results were in line with expectations, and share buyback increased to US$3 billion. The Company said that Chief Executive Noel Quinn will retir... HSBC HOLDINGS (00005 ...

Posted on 06/05/2024

Hong Kong’s monetary authority to replace ‘virtual bank’ with ‘licensed digital bank’ to boost public confidence

The HKMA plans to replace the term ‘virtual bank’ with ‘licensed digital bank’ in reference to the city’s eight branchless lenders to remove negative connotations associated with the term in Chinese.

Posted on 06/05/2024

Hong Kong Exchange Fund reports US$7 billion gain in first quarter thanks to rise in overseas stock investments

Hong Kong’s Exchange Fund, the war chest used to defend the local currency, continued its comeback in the first quarter, posting a return of HK$54.3 billion (US$7 billion) as rising overseas stock ...

Posted on 06/05/2024

Hong Kong stocks continue gains at opening

Hong Kong stocks edged up at the opening on Monday, pushing gains into a tenth successive day, while mainland markets rallied as they returned from ...

Posted on 06/05/2024

Hong Kong should celebrate its common law, to boost trust in the city

Protecting the city’s distinct advantages calls for leaders to promote the importance of the common law system, and impress on Beijing the urgent need for Chinese officials, here and on the mainland, ...

Posted on 06/05/2024

Hong Kong’s Clear Water Bay Road fully reopens after landslide forced lane closure amid weekend downpour

City recorded first red rainstorm warning this year over weekend, with eastern areas hit hardest and 15 landslides logged.

Posted on 06/05/2024

Casino mogul Stanley Ho and first wife’s Hong Kong mansion listed for sale at $383M

The Hong Kong mansion where the late casino tycoon Stanley Ho lived with his first wife Clementina Leitão has been put on the market for HK$3 billion (US$383 million).

Posted on 06/05/2024

Hong Kong’s moribund IPO market seen revived by deals from innovative, ‘unbelievably huge’ China companies: Citi

Hong Kong’s IPO market is healing and investors are returning, drawn by a generation of innovative, little-known companies that will also provide a rich vein of investment banking business for years ...

Posted on 06/05/2024

‘I don’t know what to do’: Hong Kong cleaners confused, overwhelmed by duty to monitor waste-charging scheme

Frontline workers in residential buildings expected to monitor rubbish, but it is unclear if they will be penalised for trash that is not in government-approved bags.

Posted on 06/05/2024

‘Dangerous’: Hong Kong rainstorm warning ignored as football Premier League turns farcical, with title race marred

The Hong Kong Premier League plunged into farce over the weekend, with football bosses condemned for the decision to ignore freak weather and proceed with fixtures that helped to decide the ...

Posted on 06/05/2024

Hong Kong baby ‘Little Suet-yee’ has ‘irreversible’ brain damage after alleged abuse by babysitter, mother says amid ‘living hell’

Mother says brain damage has permanently affected baby’s learning ability, cognition and senses, with doctors having to remove part of skull to release pressure.

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