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Posted on 03/07/2024

Hong Kong banks to reap rewards of high interest rates until late next year, KPMG says

The total assets of all licensed banks in the city last year rose by 2.7 per cent to HK$23 trillion (US$2.94 trillion), according to KPMG.

Posted on 03/07/2024

New travel permits for Hong Kong permanent residents hurt economy? Play long game: experts

Economists say city’s already struggling retail and restaurant sectors could suffer with easier expat entry to mainland China, but are divided over strength of impact.

Posted on 03/07/2024

Exiled Hong Kong activists feel strain after bounty imposed on them

Despite being mentally prepared, Hui and Kwok said they felt shocked when the Hong Kong government issued arrest warrants and bounties worth $127,635 for them and the other overseas Hong Kong ...

Posted on 02/07/2024

Hong Kong flags retail challenges as May sales slump 11.5% y/y

Hong Kong's May retail sales fell 11.5% from a year earlier, government data showed on Tuesday, reflecting a surge in outbound trips, strength in local currency and a high base of comparison for ...

Posted on 02/07/2024

Analysis-Hong Kong commercial law hub allure damaged by foreign judges row, lawyers say

The resignations of two British judges from China-ruled Hong Kong's highest court not only raise concerns about the rule of law, some lawyers and experts say, but will further undermine confidence in ...

Posted on 02/07/2024

Hong Kong IPOs: PwC cuts 2024 fundraising prediction by 20% to US$10.2 billion

About 80 companies could list in Hong Kong this year, raising a total of HK$80 billion (US$10.2 billion), much lower than the HK$100 billion previously anticipated, PwC says.

Posted on 02/07/2024

Despite Record-Breaking ‘Walled In,’ Hong Kong Box Office Takes First Half Tumble – Global Bulletin

Walled In" earned an all-time record-breaking HK$105 million ($13.5 million) at the Hong Kong box office. But it was not enough to keep the territory's theatrical business on a recovery track. Data ...

Posted on 02/07/2024

Hong Kong retail sales drop 11.5% in May, marking second straight monthly double-digit fall

Government spokesman attributes poor performance to changes in consumption patterns of visitors and residents.

Posted on 02/07/2024

Hong Kong police stop and search several people near scene of 2021 knife attack on officer

Hong Kong police have stopped and searched several people, including a dentist earlier arrested for alleged sedition, after they briefly stood in silence on a busy street near the spot where an ...

Posted on 02/07/2024

Hong Kong commercial law hub allure damaged by foreign judges row, lawyers say

The resignations of two British judges from China-ruled Hong Kong's highest court not only raise concerns about the rule of law, some lawyers and experts say, but will further undermine confidence in ...

Posted on 02/07/2024

China charms Hong Kong with economic boosts, from pandas to visas

HONG KONG -- The Chinese government has served up a fresh batch of economic measures for Hong Kong, coinciding with Monday's 27th anniversary of the handover from Britain and prompting the city's top ...

Posted on 02/07/2024

Online demand for mainland travel permits surge as Hong Kong minority groups hail move

Hong Kong permanent residents with foreign passports can apply for Beijing’s new five-year multi-entry mainland China travel permit on July 10.

Posted on 02/07/2024

Unpacked: the new mainland permit for Hong Kong permanent residents with foreign passport

Foreign chambers of commerce welcome new five-year travel permit, saying it helps establish the city as a key gateway to mainland China.

Posted on 02/07/2024

Trip.Biz, hosted the Trip.Biz Corporate Travel Conference 2024 in Hong Kong

Trip.com Group's corporate travel management brand, Trip.Biz, hosted the Trip.Biz Corporate Travel Conference 2024 in Hong Kong, China

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