Latest news


China ready with ‘precautionary measures’ to stop foreign traders causing market volatility, regulator says
Tue, 20 Apr 2021 19:31

China will suspend the ability of foreign investors to trade if they cause serious market volatility through massive capital flows in a short period of time, a senior Chinese regulatory official has said.“Many pe...

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China pork imports hit all-time high over supply concerns as US soybean imports surge 320 per cent
Tue, 20 Apr 2021 14:18

China’s pork imports jumped to an all-time high in March on supply concerns following a resurgence of African swine fever in the world’s biggest consumer an...

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China economy: benchmark loan rate kept steady for 12th straight month
Tue, 20 Apr 2021 10:30

China kept its benchmark lending rate for corporate and household loans steady for the 12th straight month at its April fixing on Tuesday, matching market expec...

9
For Huarong, China’s biggest bad bank, it’s bailout or bust
Tue, 20 Apr 2021 07:45

China’s biggest bad bank, which was created in 1999 to take bad assets from the country’s biggest bank, has degenerated into a really bad bank after 22 year...

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China-Australia relations: what’s happened over the past year, and what’s the outlook?
Tue, 20 Apr 2021 04:30

Relations between China and Australia have become fraught over the past year after Canberra pushed for an international probe into the origin of the coronaviru...

104
US urged to join mega APAC trade deal by China’s former chief trade negotiator
Mon, 19 Apr 2021 21:30

The United States should rejoin the Comprehensive and Progressive Trans-Pacific Partnership agreement (CPTPP) and work with China to merge the agreement with t...

134
Adrian Cheng’s SPAC is poised to raise up to US$345 million in New York listing, as one of Hong Kong’s wealthiest families joins the hottest fad in global finance
Thu, 25 Mar 2021 09:54

Adrian Cheng Chi-kong, the third-generation scion of one of Hong Kong’s wealthiest families and largest conglomerates, is poised to list a special purpose acq...

125
Five Guys to move into cosmetics retailer Sa Sa’s space on Russell Street as landlord drops rent by more than half
Thu, 25 Mar 2021 13:07

Five Guys, the American burger chain, is opening a branch on Russell Street, taking advantage of a near 60 per cent drop in rents following an exodus of luxury ...

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Suez Canal blockage could see goods being shipped to Hong Kong delayed by at least three weeks, industry figures warn
Fri, 26 Mar 2021 16:43

Goods being shipped in and out of Hong Kong were likely to be delayed by at least three weeks and could potentially cost more as a result of the blockage at the...

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Supporters of Hong Kong’s higher stamp duty tout benefits even as rising transaction costs make trading one of the most expensive in the world
Sat, 27 Mar 2021 10:00

Hong Kong’s plan to increase stamp duty by 30 per cent in August will add much-needed revenue to the government’s coffers while helping to drive away danger...

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New augmented reality tourism app gives users a panoramic view of Hong Kong’s past
Sat, 27 Mar 2021 16:14

A new tourism project featuring augmented reality enables smartphone users to enjoy panoramic views of what Hong Kong looked like in the past – part of a bid ...

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Hong Kong graduates told to look for work in mainland China or with the government by city’s deputy leader Matthew Cheung, as unemployment rises
Sun, 28 Mar 2021 21:23

Young people in Hong Kong should look for career opportunities in the government and mainland China, the city’s deputy leader said on Sunday.Despite an alarmi...

130
Coronavirus: Hong Kong to offer tourism staff workers about 2,000 jobs at vaccination centres
Mon, 29 Mar 2021 15:43

Hong Kong’s tourism workforce will be thrown a lifeline with officials set to offer its embattled staff members nearly 2,000 temporary jobs with the city’s ...

12
Can tradeable land rights be the solution to Hong Kong’s housing crisis? These two legal researchers think so
Tue, 30 Mar 2021 08:45

Two researchers are proposing an idea to revolutionise Hong Kong’s land-use laws, floating an idea that could help to unlock and convert the city’s swathes ...

102
Hong Kong IPO funds surge 822 per cent in record-breaking first quarter as US-listed Chinese tech giants opt for secondary flotations
Tue, 30 Mar 2021 12:00

Fundraising via new share listings in Hong Kong soared more than ninefold to a record in the first quarter, pushing the city’s main board to second place behi...

108
Hong Kong retail slump finally turns around in February, with sales jumping 30 per cent year on year
Tue, 30 Mar 2021 17:15

Hong Kong’s protracted retail slump finally turned around in February, jumping 30 per cent from the same period last year when sales hit a record low as the c...

135
Coronavirus: Hong Kong’s travel bubble hopes for Singapore, Australia and beyond depend on pandemic control, vaccination rate
Wed, 31 Mar 2021 11:00

Hong Kong’s desire to reboot its coronavirus-ravaged tourism sector by forming air travel bubbles with seven overseas destinations could prove difficult to ge...

42
Don’t doubt Hong Kong’s importance to China, say experts, as they outline strengths that can help country become global tech power
Wed, 31 Mar 2021 07:30

The role Hong Kong plays in China’s drive to become a global technological power remains vital as the city boasts world-class universities and an open environ...

4
WeWork will shut eight floors of co-working space in Causeway Bay, shrinking its Hong Kong footprint by half as social distancing, work-from-home arrangements crimp demand
Wed, 31 Mar 2021 20:00

WeWork, the US real estate company that spearheaded the popularity of co-working space, will shrink its property footprint in Hong Kong by more than half, as mo...

120
Hong Kong’s exchange proposes to cut capital requirements, broaden qualifications for secondary listings as it kicks off two-month consultation on additional listing reforms
Wed, 31 Mar 2021 22:15

Hong Kong Exchanges and Clearing Limited (HKEX), the world’s biggest market operator by value, will begin a two-month consultation period to solicit public fe...

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Many Hong Kong restaurants, entertainment venues and tour operators ar...

Sat, 01 May 2021 14:30
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Standard Chartered plans to hire about 400 people in its retail bankin...

Mon, 19 Apr 2021 11:00
Hong Kong tourism commissioner to take over as interim head of debt-ridden Ocean Park

Hong Kong Commissioner for Tourism Joe Wong Chi-cho is set to be secon...

Fri, 09 Apr 2021 19:25
US-China tech war: Washington intensifies pressure on Beijing in proposed new policy of ‘strategic competition’

The US Senate’s new legislation, the Strategic Competition Act of 20...

Sat, 10 Apr 2021 06:00
China debt: local government spending under microscope to protect national economy from ‘systemic risk’

The Chinese leadership regards the prevention of implicit local govern...

Wed, 14 Apr 2021 17:42
Hong Kong firms’ recruitment drive to remain subdued as Covid-19 pandemic weighs on economy, KPMG says

Companies in Hong Kong will remain conservative in hiring new employee...

Thu, 29 Apr 2021 07:30
Tourism Board website hosting HK$10 million hotel discount giveaway in Hong Kong crashes under intense demand

The website hosting the Hong Kong Tourism Board’s giveaway of HK$10 ...

Fri, 09 Apr 2021 18:32
China economy: benchmark loan rate kept steady for 12th straight month

China kept its benchmark lending rate for corporate and household loan...

Tue, 20 Apr 2021 10:30
Citigroup to hire up to 500 people for Hong Kong wealth management as it trims consumer banking in 13 Europe, Asia markets

Citigroup plans to hire up to 500 people in its wealth management busi...

Fri, 16 Apr 2021 12:16
China seen bailing out biggest bad-debt manager while teaching investors a ‘hard’ lesson as contagion effects linger

Chinese economic policymakers are caught between a rock and a hard pla...

Wed, 21 Apr 2021 18:30
China ready with ‘precautionary measures’ to stop foreign traders causing market volatility, regulator says

China will suspend the ability of foreign investors to trade if they c...

Tue, 20 Apr 2021 19:31
Hong Kong stock exchange to extend circuit breakers to futures products to temper wild gyrations in equities and derivatives

Hong Kong Exchanges and Clearing Limited (HKEX), the market operator, ...

Fri, 09 Apr 2021 11:10
China-Australia relations: on first anniversary of trade conflict, hay-import licences bedevil Australian exporters

Relations between China and Australia have become fraught over the pas...

Mon, 19 Apr 2021 04:30
Hong Kong coronavirus: Britain ban lifted, but ‘chaos’ over special flights has some criticising coordination

Hong Kong residents stranded in Britain have largely welcomed a govern...

Mon, 12 Apr 2021 22:14
Number of vacant homes in Hong Kong may surge to 18-year-high as families head to UK under BN(O) visa scheme, Bloomberg forecasts

The number of homes standing empty in Hong Kong may climb to an 18-yea...

Wed, 21 Apr 2021 08:30
It’s outdated and not funny, Hong Kong viewers tell TVB, after new variety show lampoons city leader Carrie Lam

Hong Kong’s biggest broadcaster TVB has received a flood of complain...

Mon, 19 Apr 2021 08:00
Pandemic boosts demand for cleaning robots in Hong Kong’s shopping malls, offices and hotels

The sight of a cleaning robot quietly going about its business is beco...

Wed, 14 Apr 2021 07:30
China-Australia relations: consumers pockets on both sides will foot the bill for ‘trade battle’, expert says

Relations between China and Australia have become fraught over the pas...

Sat, 24 Apr 2021 04:30
TikTok owner ByteDance takes on Alibaba, Pinduoduo in big e-commerce push

Inside a packed hall at the Yiwu International Expo Centre, located in...

Sun, 25 Apr 2021 10:00
Sun Hung Kai and think tank call for the increase of plot ratio in wetland buffer to increase land supply for affordable homes

Hong Kong’s largest developer by capitalisation and a prominent thin...

Wed, 28 Apr 2021 07:30
‘I’m very dissatisfied with TVB’s performance,’ says Chinese media tycoon Li Ruigang

When Li Ruigang met Hong Kong’s media in October 2016, the Chinese m...

Wed, 07 Apr 2021 14:00