Hong Kong’s Paul Chan banks on better market sentiments as retail sector stabilises

Hong Kong’s Paul Chan banks on better market sentiments as retail sector stabilises

Hong Kong’s finance chief has anticipated improving market sentiments after downward trends in the retail, catering and property sectors show signs of stabilising, and the prospect of an interest-rate cut cycle emerging. Financial Secretary Paul Chan Mo-po said on Sunday that authorities had been paying attention to the slow recovery of the retail and catering…

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Hong Kong environment chief says voluntary green measures better given economy

Hong Kong environment chief says voluntary green measures better given economy

Hong Kong’s environment minister has cautioned against using mandatory measures to advance green policies given challenges the city faces arising from geopolitical tensions and economic transition, as he unveiled plans for the next phase of the ban on single-use plastics. Secretary for Environment and Ecology Tse Chin-wan said on Saturday the government would carry out…

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