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Posted on 15/02/2024

Hong Kong stocks drop as Asian fund managers show no urgency to chase market amid China’s policy support, intervention

Stocks struggle to sustain a winning start to the Year of the Dragon as fresh economic challenges emerge. Funds are in no rush to chase Chinese equities despite Beijing’s recent intervention, a Bank ...

Posted on 15/02/2024

Lionel Messi ‘was asked to play in Hong Kong during match to appease angry crowd’

The organisers behind the Inter Miami pre-season fixture in Hong Kong that sparked anger and a diplomatic incident after Lionel Messi didn’t play have revealed that they spent the first half ...

Posted on 15/02/2024

Hong Kong’s SFC warns jailed Macau ‘junket king’ Alvin Chau’s former firms over Russia deal

The SFC warned it may delist two companies formerly headed by Alvin Chau because of concerns about a US$116 million sale of assets in Russia.

Posted on 15/02/2024

Your chance to represent Hong Kong Asia’s Premier Business Hub

As a leading international financial centre, Hong Kong is a premier business hub for companies expanding business in Asia and tapping into fast-growing opportunities in the Guangdong-Hong Kong-Macau ...

Posted on 15/02/2024

BPAHK Urges HK Govt to Withdraw Spicy Measure in Property Mkt, Reduce Stamp Duty on Stocks

Lo said that the recovery of Hong Kong's property and stock markets was not as expected. Lo hoped for the withdrawal of spicy measures in the property market and the reduction of stamp duty in the ...

Posted on 15/02/2024

Rents Start to Dip for Luxury Apartments in NYC and Hong Kong

Tokyo and Toronto also saw declines in the fourth quarter, according to a Knight Frank report tracking prices in 10 cities across the globe.

Posted on 15/02/2024

FWD mulls options for US$10 billion insurer after IPO delay: sources

FWD Group Holdings, the Asian insurer controlled by billionaire Richard Li, is considering options including a potential stake sale after delaying a planned initial public offering, according to ...

Posted on 15/02/2024

Hong Kong’s West Kowloon arts hub to run out of funds in 2025, CEO warns as gov’t urged to approve finance plan

Hong Kong’s West Kowloon Cultural District will use up its financial reserves next year, the head of the authority overseeing the arts hub has said as she urged the government to approve a plan ...

Posted on 15/02/2024

Hong Kong Shares Tipped To Open In The Green On Thursday

The Hong Kong stock market returned from the Lunar New Year break on Wednesday by snapping the three-session losing streak in which ...

Posted on 15/02/2024

Timely rule change to help flat buying in Hong Kong’s Greater Bay Area

Relaxing daily cross-border remittance caps will make it easier to purchase homes in the development zone, and thus provide incentive for jobseekers and entrepreneurs to move Hongkongers are often ...

Posted on 15/02/2024

Hong Kong’s corruption-busters to take the world to school with new academy designed to train fraud fighters using hi-tech virtual reality

First course this month gets 40 applications from around the world for just 20 places, Independent Commission Against Corruption says Danny Woo, the ICAC commissioner, says inaugural academy course ...

Posted on 15/02/2024

Hong Kong’s Lunar New Year box office takings flop with veteran filmmaker blaming residents travelling outside city for holiday

Ticket sales from the Lunar New Year’s eve on Friday to Tuesday amounted to nearly HK$49 million, a 24 per cent decline compared with last year.

Posted on 15/02/2024

30% of Hong Kong international schools expect expat applications to fall over next 5 years, as some predict surge in local demand

Among 68 schools surveyed, 20 anticipate annual 13 per cent decrease in admission applications from non-local students in the years up to 2028-29.

Posted on 15/02/2024

Developer China South City stock sinks 37% to record low in Hong Kong after warning of multiple bond defaults

The Shenzhen-based developer slumped 37 per cent to close at the lowest level since its 2009 listing as the market resumed trading after the Lunar New Year break, extending a slump in the past year to ...

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