Hong Kong slaps property tax to close loophole

He emphasized the government's efforts in raising housing supply, while financial secretary Paul Chan said he expects the potential supply of new flats in Hong Kong over the next three to four years to exceed the December estimate of 94,000 units ... ( read original story ...)

Hong Kong's Central Bank is Trialing a Digital Currency

Hong Kong's de facto central bank is developing a prototype digital currency. The disclosure came in a Hong Kong legislative document published by the Legislative Council Panel on Financial Affair this week and dated 18th April. According to the note, the ... ( read original story ...)

Hong Kong No Longer Top IPO Destination

New York has displaced Hong Kong as the world’s top destination for initial public offerings (IPOs) of stock during the first three months of 2017. A lack of major stock offerings sent Hong Kong—the main Stock Exchange of Hong Kong (HKEX) and the ... ( read original story ...)

Hong Kong stocks edge up at open

HONG KONG: Hong Kong stocks opened slightly higher Monday, though gains were tempered by a below-forecast US jobs report last week with uncertainty fuelled by the US missile attack on Syria. The Hang Seng Index edged up 0.14 per cent, or 34.71 points ... ( read original story ...)

Hong Kong stocks nudge lower in thinner trade before Easter

Hong Kong stocks finished slightly weaker on Monday ... a move analysts say might provoke Pyongyang. The Hang Seng Index bounced between gains and losses during the day, before closing down 5.12 points, less than 0.1 per cent, at 24,262.18. ( read original story ...)