Hong Kong’s Cathay Pacific posts first operating profit since 2019
Cathay Pacific has lagged regional rivals in recovering from the pandemic as Hong Kong kept strict Covid containment rules in place.
Hong…
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Hong Kong’s ambitious budget plan to focus on ‘Happy Hong Kong’
On February 22, 2023, Hong Kong's Financial Secretary Paul Chan unveiled the city's budget plan for the fiscal year 2023-2024.The budget emphasises innovation and technology and seeks to revitalise Hong Kong's economy and address ongoing…
The 47 Pro-Democracy Figures in Hong Kong’s Largest National Security Trial
Forty-seven pro-democracy figures in Hong Kong have been accused of a conspiracy to commit subversion in a landmark political case. Many of the defendants have been in jail for nearly two years while awaiting trial.
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China’s reopening set to boost Hong Kong’s property market as retail leads the recovery:…
In light of China's reopening and easing of Covid rules, Hong Kong's property market will be on a path to recovery in 2023, according to property consultancy Colliers Hong Kong. The retail market in particular will reap the "best benefit,"…
PAG, Mapletree to buy Hong Kong’s Goldin Financial Global Centre for $713 million
Asia-focused investment firm PAG and Singapore-based real estate group Mapletree Investments said on Thursday they have entered into a 50-50 joint venture to buy Hong Kong's Goldin Financial Global Centre from receivers for $713…
Hong Kong’s leading crypto retail operator ceases trading as FTX fallout roils sector
A leading cryptocurrency retail service provider in Hong Kong said it has ceased trading as the broader fallout from the collapse of FTX, and solvency issues at other major crypto firms, continues to roil the sector. Genesis Block, which at…
Commentary: 500,000 free air tickets won’t be enough to revive Hong Kong’s battered tourism sector
SERVICE STANDARDS AT RISK
Hong Kong – dubbed the city that never sleeps – has long been an attractive tourist location for many reasons. The city is a shopping and food paradise with numerous international brands and 71 Michelin-star…
Easing Hong Kong’s COVID curbs, opening China border top bankers’ wish list -HKMA chief
HONG KONG : Global executives want to see a further easing of Hong Kong's COVID-19 restrictions and it's crucial for the China border to reopen so the financial hub can reconnect with the mainland, the head of the city's de facto…
Hong Kong’s largest IPOs for 2022 set to open in the red on Thursday
HONG KONG : Chinese electric vehicle maker Zhejiang Leapmotor Technology and China Vanke, unit Onewo Inc shares, two of Hong Kong's largest inital public offerings (IPO) of 2022, are set to open in the red, according to grey market…
Watch: Babar Azam sent packing with quick return catch from Hong Kong’s Ehsan Khan
Hong Kong spinner Ehsan Khan dented Pakistan's chances of victory by taking out their star batsman and skipper Babar Azam with a jaw-dropping return catch in the initial stages of their Asia Cup clash.
He bolstered his…