It has been extremely challenging to strike a balance between curbing the pandemic and facilitating travel, while preserving the economy’, Paul Chan says. ( read original story ...)
Hong Kong confronted by bleak outlook, with banks’ record high borrowing costs set to hit property market, economy
The interest rates Hong Kong’s banks charge each other for borrowing money have hit new highs and are expected to drive up their funding costs. ( read original story ...)
Chinese president may enshrine his views on ‘one country, two systems’ principle for Hong Kong in Communist Party’s charter
Article on Hong Kong by top policy body suggests leadership will formalise updates to principle by putting Xi Jinping's views into party's constitution, analysts say President is expected to seek ... ( read original story ...)
Hong Kong sports minister confident Rugby Sevens, major snooker event will go ahead; city logs 9,787 new Covid-19 cases
Hong Kong Marathon may not take place in spite of organisers accepting an entry field of 25,000 runners, down from the 37,000 they previously wanted. ( read original story ...)
Exclusive: China EV maker Leapmotor puts off $1.5 billion Hong Kong IPO
Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) in Hong Kong because of lukewarm investor interest, said ... ( read original story ...)
Hong Kong scraps quarantine rules for air crew
Hong Kong will scrap its quarantine rules for locally based airline crew from tomorrow, the government said, a key step in unwinding draconian Covid-19 rules which have isolated the Asian financial ... ( read original story ...)
Mild Inflation Sends Hong Kong and China Shares Higher
Chinese stocks broke a streak of downward pressure, but property developers face a troubled economy where 'only the fittest can survive.' ... ( read original story ...)
Hong Kong’s Hang Seng rises 2%, leads Asia markets higher after Powell’s inflation comments
Investors are digesting more hawkish comments from Powell as well as Chinese inflation data for August, which came in lower than July. ( read original story ...)
Exclusive-China EV Maker Leapmotor Puts off $1.5 Billion Hong Kong IPO -Sources
HONG KONG (Reuters) -Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) in Hong Kong because of lukewarm ... ( read original story ...)
Hong Kong stocks begin slightly higher
Hong Kong stocks edged up in the first few minutes of business on Friday following an advance on Wall Street as traders prepare for further central ... ( read original story ...)
China Aviation Lithium Battery wins Hong Kong bourse approval for US$2 billion IPO
China Aviation Lithium Battery (CALB), the country’s third-largest electric vehicle (EV) battery maker, won approval from the Hong Kong stock exchange’s listing committee on Thursday for a share sale ... ( read original story ...)
Principal weighs selling Hong Kong pension business
Principal Financial Group is considering selling its pension fund business in Hong Kong — a move that would help streamline its portfolio. ( read original story ...)
China Evergrande lenders appoint receiver to seize Hong Kong headquarters – sources
Lenders of struggling Chinese developer Evergrande Group have appointed a receiver this week to seize its Hong Kong headquarters, two sources said, as the world's most indebted developer struggles to ... ( read original story ...)
Global shares rise as investors watch for central bank moves
Global stock benchmarks mostly rose Thursday as investors closely watched a European central bank meeting and sought to juggle concerns about inflation and recession. France's CAC 40 rose 0.1% to ... ( read original story ...)