Fairs featuring sustainable, cultural and creative products attract over 60,000 buyers The Gifts & Premium Fair, Printing & Packaging Fair and debut DeLuxe PrintPack concluded successfully today, ...
China property shares extends gains after government highlights clearing inventory
Representative Image HONG KONG: China property shares extended their gains on Thursday after the government said it would coordinate and improve policies to clear housing inventory and private data ...
Hong Kong tax revenue falls by HK$18.2 billion to HK$342 billion amid weak stock and property markets, but rebound forecast next year
Hong Kong’s tax revenue fell by HK$18.2 billion (US$2.3 billion ... to help restore the city’s declining fiscal health and in response to appeals from the business community. Takings from profits tax, ...
Hong Kong Q1 GDP expands 2.7% on year, tight financial conditions seen
Hong Kong's economic grew 2.7% in the first quarter on the year, official advance estimates showed on Thursday, driven by an increase in visitor arrivals and private consumption. That compared with 4.
Hong Kong’s Economy Slowed in First Quarter, But Beat Expectations
Hong Kong’s economy lost steam at the start of the year as consumer and government spending weakened, but beat consensus views that had tipped a much sharper slowdown.Gross domestic product expanded 2 ...
HKMA warns high interest rates ‘may last for some time’ as it delays cutting the cost of funds in lockstep with US Fed
Hong Kong’s monetary authority said high interest rates may “last for some time” because America’s inflation remained stubbornly high, a situation which may weigh on the city’s mortgage borrowers, ...
Hong Kong’s Economic Growth Beats Forecast in First Quarter
Hong Kong’s economy grew faster than expected in the first quarter, a tentative sign that the city’s post-pandemic recovery is stabilizing.
Global Money Flocks to Cheap Hong Kong Stocks Amid Fed Repricing
Hong Kong’s world-beating stock rally is showing no signs of letting up, with the city’s currency peg to the greenback burnishing its haven appeal amid the threat of higher-for-longer US interest ...
Hong Kong stocks score 8-day winning streak as Fed tone less hawkish than feared
The Hang Seng Index closed 2.5% higher, notching eighth straight day of gains, led by a rally in technology, property and financial stocks. Chinese markets are closed for holidays from May 1-3.
Hong Kong’s Stocks Rally Even With Key Chinese Investors Absent
Hong Kong’s world-beating stock rally is showing no signs of letting up even with Chinese investors, a key buying force, out of action.
Exploring FXOpen’s Latest Offerings: A Dive into Hong Kong’s Thriving Stock CFDs
Hong Kong’s financial prowess has long been a beacon of opportunity in the Asia Pacific region. Situated at the crossroads of global commerce, the city has emerged as a vital hub for international ...
HSBC keeps best lending rate in Hong Kong unchanged at 5.875%
HSBC Holdings said on Thursday it had kept its best lending rate in Hong Kong at 5.875%, after the city's de facto central bank kept unchanged the base rate charged through its overnight discount ...
HSBC keeps prime rate at 5.875%, as wait for relief goes on for Hong Kong businesses, homeowners
Hong Kong’s biggest lender HSBC will keep its key lending and deposit rates unchanged, meaning local businesses and mortgage borrowers will have a longer wait for the cost of borrowing to decline.
Hong Kong central bank keeps key rate unchanged, tracks Fed decision
The Hong Kong Monetary Authority (HKMA) kept its base rate charged through the overnight discount window unchanged at 5.75% on Thursday, tracking a decision by the U.S. Federal Reserve to keep rates ...