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Posted on 20/12/2023

Hong Kong Stock Exchange: derivatives, ETF trading rise to offset slump in IPO, share markets, as ‘diversification efforts pay off’

Hong Kong Exchanges and Clearing (HKEX), which runs Asia’s third-largest stock market, reported strong growth in derivatives trading despite a big fall in new listings, in an indication that the ...

Posted on 20/12/2023

Hong Kong drops to 46th place in global freedom ranking, as think tanks cite China’s ‘increasing interference’

Hong Kong has dropped 17 places down a global freedom ranking published by overseasthink tanks, marking the second-steepest drop among all territories on the list behind Myanmar. The city saw ...

Posted on 20/12/2023

Hong Kong launches action plan to develop ports into leading international maritime centre

The action plan on maritime and port development strategy, unveiled by the Transport and Logistics Bureau on Wednesday, lays out key areas of focus, including developing Hong Kong as a green and smart ...

Posted on 20/12/2023

Alibaba drives stock rebound in Hong Kong on leadership revamp while overnight rally in US equities buoys sentiment

Hong Kong stocks advanced as Alibaba Group surged after an internal leadership revamp to strengthen its e-commerce business and overcome competition. Traders also returned after a two-day slide, as an ...

Posted on 20/12/2023

Hong Kong unveils new capital investment entrant scheme

HONG KONG -- The Hong Kong Special Administrative Region (HKSAR) government has announced the details of the new capital investment entrant scheme (CIES), with a view to further enriching the talent ...

Posted on 20/12/2023

Hong Kong to offer residency to wealthy for HK$30 million investment

HONG Kong is starting a programme next year that will give residency to people who invest HK$30 million (S$5.1 million) into the city as it steps up efforts to revive its status as a financial centre ...

Posted on 20/12/2023

Hong Kong to offer residency to wealthy for US$3.8mil investment

Hong Kong is starting a programme next year that will give residency to people who invest HK$30 million (US$3.8 million) into the city as it steps up efforts to revive its status as a financial centre ...

Posted on 20/12/2023

Hong Kong to Offer Residency to Wealthy for $3.8 Million Investment

Hong Kong is starting a program next year that will give residency to people who invest HK$30 million ($3.8 million) into the city as it steps up efforts to revive its status as a financial center and ...

Posted on 20/12/2023

China’s Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters

China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo ...

Posted on 20/12/2023

9 million travellers expected to pass through Hong Kong over festive season, as authorities and retailers prepare raft of discounts, sweeteners

Immigration Department says more than 83 per cent of expected 9.03 million likely to use city's land-based crossing points over Christmas, New Year breaks Tourism Board and local retailers prepare ...

Posted on 20/12/2023

Hong Kong stocks jump as Alibaba surges on leadership revamp while overnight rally in US equities buoys sentiment

Alibaba Group rose to the highest level since November 28 after a leadership revamp to overcome intensifying rivalry in e-commerce business Overnight rally in US equities is also lifting sentiment as ...

Posted on 20/12/2023

Arrested in 2020, Hong Kong Pro-Democracy Tycoon Gets His Day in Court

Jimmy Lai, who published an antigovernment newspaper, faces up to life in prison if convicted on national security charges, which rights activists have called baseless.

Posted on 20/12/2023

Hong Kong economy, property market to benefit from rate-cut cycle as early as March, analysts say

Analysts expect the Federal Reserve to start cutting interest rates next year, with one expecting the first salvo in March. Lower rates would benefit Hong Kong’s property and capital markets, and ...

Posted on 20/12/2023

Hong Kong set to reduce sellers threshold for old buildings to as low as 65% in 7 areas under urban renewal bid

Proposed legal amendment to be submitted to Legislative Council for first reading in January and expected to take effect in first half of 2024, development authorities say 'We would like to encourage ...

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