Regular surpluses appear to be a thing of Hong Kong's past with worrying factors having a negative impact on public finance There was a time when the government's annual budget often ended in a larger ...
Hong Kong budget 2023-24: finance chief dismisses fiscal discipline fears over infrastructure bonds, argues scheme will speed up transport links
Hong Kong’s finance chief on Thursday brushed aside suggestions that his new plan to issue infrastructure bonds would undermine the city’s fiscal discipline, arguing the scheme would in fact ...
A&O and Freshfields Act On $1B Hong Kong IPO
Allen & Overy and Freshfields Bruckhaus Deringer, together with Chinese firms Fangda Partners and Commerce & Finance Law Offices, are advising Chinese lithium battery manufacturer REPT BATTERO Energy ...
No more masks by April? Hong Kong finance chief raises hopes by saying city will drop unpopular Covid rule by ‘end of season’
Financial Secretary Paul Chan takes questions on radio programme, but most callers focused on mask mandate instead of overall budget blueprint He admits similar views were raised during consultations ...
Hong Kong Budget: Finance chief says he will ‘not be intimidated’ as lawmaker slams ‘zero cents’ for poverty alleviation
Hong Kong’s finance minister has defended his latest budget after a lawmaker accused him of allocating “zero cents” for alleviating poverty in the city. Financial Secretary Paul Chan on Thursday ...
HKEX posts its best fourth quarter as Hong Kong’s post-Covid bounce puts a cushion under bourse operator’s 2022 profit slump
Even Saudi Aramco, which holds the record for the world’s largest IPO, is being wooed for a secondary offer in Hong Kong, following a February 7 accord between HKEX and Saudi Arabia’s Tadawul exchange ...
Hong Kong stock exchange operator reports first profit slide in 6 years as IPOs dried up and trading dwindled in 2022
The bourse operator posted a 20 per cent decrease in net profit to HK$10.08 billion (US$1.28 billion) for 2022 In 2022, the average daily turnover of Hong Kong stocks shrank 25 per cent to HK$124.9 ...
Hong Kong golfer Tiffany Chan eyes greater LPGA Tour success after HSBC Women’s World Championship invite
On the back of her most successful season on the LPGA Tour, Tiffany Chan eyes greater success, starting with next week’s HSBC Women’s World Championship.
Hong Kong stocks slump as Chinese tech giants step up rivalries, HSBC in focus as market await corporate earnings boost
Stiffer competition among Chinese tech giants could put margins under pressure. Reports in the past quarter have been ‘soft’ with earnings inflection point likely only from this quarter, Goldman Sachs ...
China unveils new offshore IPO rules but big rebound unlikely, say law firms
But bankers and lawyers say any rebound in foreign share sales will be limited and likely to favour Hong Kong as tense bilateral relations between Beijing and Washington loom large for most issuers.
HKEX Seen Snapping Profit Decline Streak on Trading, IPO Rebound
After six straight quarters of sliding profits, the end of 2022 likely brought some relief to Hong Kong Exchanges & Clearing Ltd. The operator of Hong Kong’s stock exchange is estimated to report a 9% ...
Happy Hong Kong? Singapore’s Gone Laughing to the Bank
The different pace of post-pandemic recovery has created a big gulf in the economic priorities and prospects of the rival Asian financial centers.
Budget 2023-24: Hong Kong finance chief plans to issue infrastructure bonds and sell them to public to ease cash flow pressure
Bond scheme would ensure Hong Kong's debt levels remain at a very safe level,' says Financial Secretary Paul Chan City is on track for an economic rebound following return to post-pandemic normality, ...
Hong Kong to make $637 payment to citizens to stimulate economy
Hong Kong residents are to receive a $637 payment as part of efforts to boost the local economy the government said Wednesday.