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Breaking news and analysis on Hong Kong's economy and the companies that operate in the city, including its GDP, economic outlook, impact of the coronavirus outbreak, macroeconomic indicators, the local government finance and budget, retail sales, consumption, employment and monetary policy.
Rebound of Hang Seng Index may have confounded the doom mongers, but Hong Kong also needs to attract liquidity and reclaim a top position for IPOs.
Trade data provides cautious economic optimism, but Beijing must take measures to boost domestic spending to ensure recovery is not overreliant on exports.
Hong Kong must walk the talk, and get Beijing’s backing to showcase how ‘two systems’ is not only alive but working well.
As campaign to attract young professionals to city gathers pace, the backing of the central government may yet make all the difference.
Hong Kong can congratulate itself on the high number of mainland visitors despite the awful weather, but there’s still room for fresh ideas and better targeted policies.
- Hong Kong Jockey Club says it will adjust snowball pool arrangement to increase its reserve and meet public’s demand for larger prizes from Tuesday next week
- First Division Prize of some Snowball draws will ‘increase substantially’ to as much as HK$100 million in future, club says
The developer sold 203 units out of 213 on offer at Yoho Hub II in Yuen Long as of 5pm on Saturday.
Board chairman of arts hub’s managing body says government has until August to make decision, as remaining funds will only last a year.
Cui Jianchun, commissioner of Beijing foreign ministry office in Hong Kong, meets UK Consul General Brian Davidson to discuss Sino-British ties amid heightened tension.
A foreign government may level accusations of espionage when it thinks its boundaries have been crossed, international relations expert Wilson Chan says.
But one legislator warns of impacts of possible sanctions, which he says may prevent city from importing technology it needs to produce chips.
Economy grows 2.7 per cent in first quarter compared with same period last year, with government pointing to tourism as driver for further expansion.
Hong Kong Chinese Civil Servants’ Association throws support behind proposed salary increases outlined in latest pay trend survey published on Thursday.
Lawmakers have questioned rising expenses of ex-leaders amid lack of clarity over roles after leaving office.
Proposals also aim to ensure timely payment, with bureau spokesman pointing to recent high-profile case where subcontractors were reportedly not reimbursed for years.
Affordable Art Fair designed to attract buyers on budget says it has seen increase in number of younger buyers on first day of show.
Clear repositioning will be more helpful in boosting tourism instead of holding monthly fireworks shows, university assistant professor says.
Findings of pay trend survey suggest increments of 4.01% for high-ranking civil servants, 4.32% for middle-level ones and 5.47 per cent for junior staff.
The world’s largest double-decker bus maker, Alexander Dennis, said electrification is the future for Hong Kong’s bus fleet and hopes to roll out more battery-powered models for the city to meet its decarbonisation goals.
HBGL, which operates Huobi HK, has withdrawn the licence application for unspecified reasons, requiring it to close the crypto exchange under the city’s virtual asset regulations.
Cathay Pacific paid about HK$60.62 million to its 20 executive directors last year, up 21.6 per cent compared with 2022.
Streets and alleyways on the scenic outlying island are packed for the Cheung Chau Da Jiu Festival.
Readers discuss Hong Kong’s hosting of the Apec Business Advisory Council meeting, Citybus’ inclusive hiring practices, and the Malaysian government’s plan to give its employees a pay rise.
A Cheung Chau bun-steaming workshop is among a string of activities designed to showcase Hong Kong culture and give tourism another string to its bow.
Hong Kong is missing out on an office investment boom in the Asia-Pacific region this year as a supply glut and high vacancy rates put investors off the segment, according to analysts.
Hong Kong’s market regulator has warned the public to beware of a suspected investment scam in which fraudsters claim they are trying to raise the funds to relaunch one of the city’s iconic nightclubs.
New visitors from eight mainland Chinese cities added to Individual Visit Scheme are high spenders and will be given HK$200 vouchers by Tourism Board, Chief Executive John Lee says.
Executive Council HK$2 fare increase decision ‘unfair to us’ Hong Kong Taxi and Public Light Bus Association chairman Chau Kwok-keung says.
City leader John Lee also says he has no memory of meeting Hong Kong public officer at centre of spying allegations in UK, as picture of pair at police ceremony in 2002 goes viral.
Readers discuss the options to improve Hong Kong’s urban design, the benefits and challenges of a shorter work week, and US double standards when it comes to international rules.
Chairman of festival’s organising committee upbeat attendance levels for Wednesday’s event will exceed 40,000 visitors recorded last year.
