HIGHLIGHTS-Hong Kong budget for fiscal 2019/20

The former British colony is grappling with its weakest retail sales growth in 18 months, while visitor spending has been hit by a weaker Chinese yuan which makes Hong Kong more expensive for mainland ... ( read original story ...)

Hong Kong Q4 GDP growth falls to near 3-year low

Economic growth in Hong Kong slowed to its lowest in almost three years in the final three months of 2018, the city’s finance secretary said in his annual budget, citing “mounting external pressures”. ... ( read original story ...)

Hong Kong Bourse May Extend Tuesday’s Losses

BOC Hong Kong slid 0.46 percent, CITIC advanced 0.33 percent, Sands China added 0.25 percent and Hong Kong & China Gas rose 0.11 percent. The lead from Wall Street suggests mild consolidation as ... ( read original story ...)

Hang Seng Bank net rises 21pc to $24b

Hang Seng Bank's (0011 ... He added that the interest spread between the Hong Kong dollar and the greenback was as much as about 140 to 150 pips at present, indicating that once local bank balances re... ( read original story ...)

HSBC tests retail e-wallet payments in Hong Kong

In the latest development, it has now introduced PayMe for Business, which is initially available to HSBC Business Banking customers in Hong Kong. It offers a way to accept digital payments from PayMe ... ( read original story ...)

Hong Kong Shares May See Additional Support

CNOOC and Hong Kong & China Gas both lost 1.00 percent, Sands China climbed 0.64 percent, BOC Hong Kong fell 0.61 percent, Galaxy Entertainment slid 0.52 percent, CITIC added 0.17 percent and China Pe... ( read original story ...)