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Posted on 28/11/2023

Hong Kong electricity suppliers offer relief measures for needy, with firms expected to reveal tariff adjustments for 2024

CLP Power says it will budget HK$70 million to support low-income families in 2024 while HK Electric has earmarked HK$55 million for initiatives Lawmakers are set to discuss outcome of an interim ...

Posted on 28/11/2023

L’Officiel announces the launch of L’Officiel Hong Kong

AMTD Digital Inc. (“AMTD Digital”) (NYSE: HKD), together with AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Group Inc. (“AMTD Group”), ...

Posted on 28/11/2023

Crypto exchange grace period to remain unchanged in Hong Kong despite scandals

Several crypto scandals have rocked the special administrative region recently. In September, Hong Kong crypto exchange JPEX, which was unlicensed at the time, collapsed after allegations of a Ponzi ...

Posted on 27/11/2023

Hong Kong exports grew by 1.4 per cent year on year in October, ending 17-month decline, but authorities warn challenges to persist amid geopolitical tensions

Growth driven by improvement in trade with mainland China and US, with total value of goods sold abroad reaching HK$379.9 billion last month Financial Secretary Paul Chan warns exports expected to ...

Posted on 27/11/2023

Struggling Hong Kong broadcaster TVB to cut 300 jobs, reduce number of channels to 4

TVB says restructuring will result in savings of HK$100 million on content and HK$50 million to HK$60 million in e-commerce business Broadcaster has suffered five straight years of losses Hong Kong's ...

Posted on 27/11/2023

Lawmakers accuse Hong Kong tourism chief of poorly handling Kai Tak Cruise Terminal, including poor transport links, underused facilities

I think you have handled the entire cruise terminal and the facilities around it quite poorly since you took office,' lawmaker Starry Lee says Tourism minister Kevin Yeung says issues will be ...

Posted on 27/11/2023

Hong Kong, mainland China buyers shrug off high prices and interest rates to pile into prime Australian property

Hong Kong and mainland China-based buyers are snapping up residential units in Australia despite elevated interest rates and surging home prices Down Under, according to agents.

Posted on 27/11/2023

Hong Kong’s Link Reit committed to China as it dismisses rumours of asset sales with Guangzhou mall opening

Hong Kong-listed Link Reit opened the newly renovated mall in Guangzhou’s Tianhe district in September, with CEO George Hongchoy denying rumours that the company plans to sell some assets in China.

Posted on 27/11/2023

Climate change: Hong Kong has unique role to play as China’s offshore capital hub for green finance, says UN envoy

The world’s largest emitter of greenhouse gases must accelerate environmentally friendly projects if it is to transition to a low carbon economy, and this provides an opportunity for Hong Kong, says ...

Posted on 27/11/2023

Hong Kong’s Exports Unexpectedly Grow as China Demand Improves

Hong Kong’s exports rose last month for the first time in more than a year as trade with mainland China improved, providing some optimism for the financial hub’s economic outlook.

Posted on 27/11/2023

Hong Kong academics warn hot nights to increase by 50%, this year’s record rainfall will be outstripped and call for coordinated response

Extreme weather will become more common, with rainfall of 230mm in an hour possible and 50 per cent more very hot nights, researchers say Academics say multi-departmental team needed to deal ...

Posted on 27/11/2023

Experts trash Hong Kong’s ‘throwaway culture’ ahead of plastic ban

Unlike her fellow Hong Kong urbanites toting plastic or paper cups filled with coffee, pet groomer Lucine Mo takes her caffeine hit in a thermal mug with a QR code.The coded mug can be returned to 35 ...

Posted on 27/11/2023

Emigration wave to Britain sees primary school student numbers fall drastically in Hong Kong

An emigration wave to Britain has hit Hong Kong’s primary schools the most as 19,280 children between the ages of six and 11 relocated to the country in the last 2½ years, according to official data.

Posted on 27/11/2023

Once the oldest known monument in Hong Kong, Sun Wong Toi has survived development plans and Japanese occupiers’ quarrying

Hong Kong has always been relatively short on historical relics but in Sung Wong Toi, a rare quiet spot in the hubbub of Kowloon City, one of our most ancient antiquities looks silently on.

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