Hong Kong shares fell 103 points or 0.4% to 23,238 around noon on Monday, marking a third straight session of losses amid a drop in U.S. futures following Moody’s downgrade of the U.S. credit rating. Investors also digested China’s April activity data, where industrial output growth eased but topped expectations, while retail sales came in…
While Li made his fortune through investments in traditional sectors like real estate, retail and utilities, Chau, who was born in Hong Kong in 1961 and later studied economics at the University of New South Wales in Australia, has carved her path in the world of tech, traveling frequently between innovation hubs in search of…
An elderly woman was found on Hong Kong’s Kowloon Peak by a rescue team on Monday morning, a day after her family reported her missing. Police said the woman, aged 72, was discovered in a conscious state on the mountain, which is also known as Fei Ngo Shan. She was reported missing by her family…
Staff Reporter , Hong Kong Press photo It cited the region’s strategic position and trade advantages for expansion. Chinese fast-fashion retailer Fashion Momentum Group (FMG) has set up its regional headquarters and opened the first URBAN REVIVO outlet in Hong Kong, the Invest Hong Kong (InvestHK) announced. The move is part of FMG’s plan to…
The 90-day pause on Sino-US tariffs has caused “daily challenges” for Hong Kong manufacturers, industry veterans have said, revealing they have been receiving unlawful demands from American importers seeking to circumvent levies. Several told the Post that Beijing and Washington’s suspension of tariffs for 90 days from May 14 had given Hong Kong exporters some…
The 90-day pause on Sino-US tariffs has caused “daily challenges” for Hong Kong manufacturers, industry veterans have said, revealing they have been receiving unlawful demands from American importers seeking to circumvent levies. Several told the Post that Beijing and Washington’s suspension of tariffs for 90 days from May 14 had given Hong Kong exporters some…
Difficulty: Summiteer (Level 3) Kuk Po is a Hakka village in Hong Kong with more than 300 years of history. In January, it welcomed a few thousand people eager to explore its heritage. The Countryside Harvest Festival was Kuk Po’s first event to bring together cultural heritage, live music, art exhibitions and authentic food. One…
Both transaction volume and home prices in Hong Kong’s secondary property market remain under pressure, as developers continue to launch new residential projects at low prices and homebuyers stay cautious amid uncertainties arising from US tariffs, market experts said. “The cluster of secondary residential projects that are being affected by the low pricing of new…
Hong Kong’s once world-famous movie industry wants to bring back the heydays of the 1970s to the 1990s by investing in a new generation of directors, the chairman of the city’s film development council told Reuters at the Cannes Film Festival. Source link
Hong Kong could be in for another bout of “what will happen to us in …”, only with 2047 replacing 1997. I say this after attending a farewell presentation by activist investor David Webb last week. For many years, Webb has worked on a pro bono basis to improve public knowledge of business issues. Towards…