Retail sales in Hong Kong have slumped by double-digit figures for two months in a row as consumers change the way they shop.
Detailed plans ‘not needed’ from companies keen on Hong Kong tech hub: government
Companies wanting to set up shop in Hong Kong’s proposed innovation hub near the border with mainland China will not be asked to submit detailed design plans to the Town Planning Board for approval, ...
Hong Kong Stocks: Alibaba Boosts Stock Buyback Amid Selloff; Shares Gain
Among the key news on Hong Kong stocks, Alibaba Group Holding Limited (HK:9988) completed a share buyback of $5.8 billion in the first quarter ...
Hong Kong police arrest 301 in crackdown on fraudsters with HK$370 million stolen in scams
Hong Kong police have rounded up 301 people in a 17-day crackdown on fraud syndicates accused of using internet and phone scams to cheat local residents out of HK$370 million (US$47.4 million). Senior ...
Will new travel permits for Hong Kong permanent residents hurt the economy?
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.
Hong Kong and Australian authorities arrest 2 over drugs smuggled in stone statues
Authorities jointly crack down on syndicate, arresting boy, 17, in Perth and man, 37, in Hong Kong, over nearly 20kg of drugs, mostly Ice.
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.
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.
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 ...
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 ...
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 ...
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.
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 ...
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.