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Tag: news

Posted on 08/01/2025

Hong Kong banks hoard record piles of cash as economy sputters

On their end, banks say the cash positions are prudent given the sluggish economy and property downturn and that demand for loans is subdued after years of rising interest rates. Hong Kong’s currency ...

Posted on 08/01/2025

Scammers get resident to send over $100,000 to Hong Kong: Mayfield Heights Police Blotter

A woman reported Dec. 28 that she was the victim of a scam after receiving a phone call in October from someone claiming to be with AT&T and suggesting that an account had been opened online using her ...

Posted on 07/01/2025

Hong Kong’s ambitious plan to build 3 artificial islands set for another delay

Development chief refuses to set starting date for reclamation work for HK$580 billion project as government grapples with ballooning deficit.

Posted on 07/01/2025

Hong Kong: Man creates clay toys despite missing both hands in Jordan, Hong Kong

Kowloon, Hong Kong - October 21, 2024 On October 21, 2024, in Jordan, Hong Kong, @sugarhighstonedd shared a video of a handicapped man making toys out of clay. In the video, he is seen taking clay from a drawer before beginning to mold it.

Posted on 07/01/2025

Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company

Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.

Posted on 07/01/2025

Shares of Tencent fall over 5% in Hong Kong after U.S. designates it as a Chinese military company

Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.

Posted on 07/01/2025

Shares of Tencent fall 5% in Hong Kong after U.S. designates it as a Chinese military company

Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.

Posted on 07/01/2025

Hong Kong Struggles to Improve Conditions in Tiny, Crowded Homes

In October, Hong Kong vowed to adopt new laws setting minimum space and safety norms for sub-divided flats, where each resident lives in an area of about 65 sq ft (6 sq m) on average, or half the size ...

Posted on 06/01/2025

Temperatures in Hong Kong will dip to 12 degrees Celsius on Friday: Observatory

Drop due to approaching winter monsoon, and temperature difference between day and night over inland areas will be ‘rather large’.

Posted on 06/01/2025

China’s Pony.ai eyes robotaxi services in Hong Kong, joining Baidu

Guangzhou-based Pony.ai Inc is seeking to launch its robotaxi services in Hong Kong, joining Baidu in a race to provide services in the city, as the autonomous driving firm looks to expand its ...

Posted on 06/01/2025

Hong Kong can adopt mainland building material standards to cut costs, experts say

Construction industry experts say reliance on British, European standards for materials contributing to city’s high building costs.

Posted on 06/01/2025

Hong Kong pension fund grows by 13% in 2024 with best returns in 4 years

The 4.75 million members of Hong Kong’s Mandatory Provident Fund (MPF) enjoyed a 13 per cent increase in their pension assets in 2024 thanks to the best investment returns in four years. The MPF ...

Posted on 06/01/2025

Father fears for Hong Kong mall escalator safety after son’s foot gets trapped

Boy, aged 7, was rescued by firefighters and passers-by after his left foot became stuck in a gap in escalator at Park Central.

Posted on 05/01/2025

Hong Kong’s Cabbies, Long Scorned and Frustrated, Face the End of an Era

A government push to modernize taxi services comes up against the habits of drivers known for driving fast and accepting only cash.

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