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Tag: news

Posted on 22/02/2023

Hong Kong flags handouts to support recovery from COVID shock

Hong Kong will give more handouts to consumers to support the city's recovery from a prolonged economic downturn induced by COVID-19 restrictions, Financial Secretary Paul Chan announced in the ...

Posted on 22/02/2023

Hong Kong GDP to grow 3.5%-5.5% in 2023 – financial sec

HONG KONG (Reuters) - Hong Kong's economy is expected to grow 3.5%-5.5% this year after shrinking 3.5% in 2022, as it leaves behind COVID-19 restrictions that had isolated the city from the rest of ...

Posted on 22/02/2023

Hong Kong Cuts Tax Rates for First-Time Home Buyers

Hong Kong is lowering the tax rate for first-time buyers of properties under HK$20 million ($2.5 million) in a bid to help people climb the housing ladder. Financial Secretary Paul Chan announced the ...

Posted on 22/02/2023

Hong Kong to allocate 50m HKD to speed up Web3 development

Web3, currently in its start-up period, has huge potential and Hong Kong must keep up with the times and seize this golden opportunity to spearhead innovation development, Chan said when delivering ...

Posted on 22/02/2023

BNP Paribas says it’s more positive on mainland China than on Hong Kong this year

Manishi Raychaudhuri of the French bank discusses the "two big themes" it's playing in China. Like us on Facebook to see similar stories Please give an overall site rating: ...

Posted on 22/02/2023

Hong Kong Stocks Head for Correction as Growth Headwinds Build

Hong Kong’s benchmark stock index is set to enter a correction as growing geopolitical concerns and doubts over the strength of China’s economy spur a rethink on the market’s outlook.

Posted on 22/02/2023

Scientist convicted of editing babies’ genes granted visa for Hong Kong

He Jiankui plans to conduct research at universities in territory despite criminal record for ‘illegal medical practices’ in China ...

Posted on 21/02/2023

Scientist behind gene-edited babies eyes work in Hong Kong

A Chinese scientist who set off an ethical debate five years ago with claims that he made the world’s first genetically edited babies says he hopes to research rare hereditary diseases in Hong Kong ...

Posted on 21/02/2023

Standard Chartered plans hiring spree in Hong Kong as city reopens to China

Standard Chartered is going on a hiring spree in Hong Kong this year, in a sign of renewed confidence in its biggest market as the city reopens its border with mainland China.

Posted on 21/02/2023

Hong Kong under pressure to cut spending in budget as deficit soars

Hong Kong is under pressure to rein in spending when it unveils its annual budget on Wednesday, after racking up huge fiscal deficits during the COVID-19 pandemic and as it struggles to kick-start the ...

Posted on 21/02/2023

Hong Kong Moves to Bar Overseas Lawyers From Security Trials

Hong Kong’s leader moved to submit legislation that will give him veto powers over the use of foreign lawyers in national security cases.

Posted on 21/02/2023

Hong Kong gov’t proposes curb on overseas lawyers participating in national security cases

The Hong Kong government has submitted a proposal to introduce legislative amendments which would require local courts to obtain a certificate from the city’s leader before considering whether to ...

Posted on 21/02/2023

Five of Hong Kong’s best sustainable restaurants

HK might not be at the forefront of environmental friendliness, but some of its leading chefs are seeking to redress that — to delicious effect ...

Posted on 21/02/2023

Hong Kong’s Crypto Hub Ambitions Win Quiet Backing From Beijing

Hong Kong rolled out the red carpet for crypto businesses to help revitalize the embattled financial hub. Signs are now emerging the push has under-the-radar backing from Beijing, providing impetus ...

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