October 19, 2024 8:32 AM EDT | Source: Media OutReach Hong Kong, SAR–(Newsfile Corp. – October 19, 2024) – John Lee, Chief Executive of the Hong Kong Special Administrative Region, announced his annual Policy Address (October 16), with the overarching priority of improving people’s livelihood and promoting a caring community. “Over the past two…
~ Run for Nature • Every Step Counts ~ HONG KONG, Oct. 17, 2024 /PRNewswire/ — Hong Kong’s trail running community is gearing up for the thrilling annual Barclays MoonTrekker event, happening October 18-19, 2024. For the ninth year, The Nature Conservancy (TNC) is the event’s beneficiary, with renowned adventurer Mario Rigby joining to strengthen…
HONG KONG — Hong Kong real estate companies are selling apartments at a loss as they scramble to clear housing inventories, seeking capital to prepare for the market to start recovering from a yearslong slump. One batch of apartments in Sun Hung Kai Properties’ 906-unit Cullinan Sky sold out immediately the day they went on…
MACAO — The world’s casino capital is set to choose its next top leader, yet there is little buzz about the imminent election for Macao’s highest office. After all, there is only one candidate on the ballot, and the system allows just a handful of people to participate in the process. “For ordinary folks in…
HONG KONG, Oct. 9, 2024 /PRNewswire/ — OSL Group (863.HK), Hong Kong’s only publicly listed company fully dedicated to digital assets, along with Hong Kong’s leading asset manager China Asset Management (Hong Kong) (“China AMC (HK)”) and Hong Kong’s one-stop comprehensive financial services provider Solowin Holdings (SWIN.US) (“Solowin”), is pleased to announce its participation as…
HONG KONG — Dannie Li, a 30-year-old with 140,000 yuan ($19,840) in China stock funds, could not wait for the mainland markets to reopen Tuesday after a seven-day National Day break. Shares were on a government-stimulus-fueled tear before the holidays, and Li had seen enough. “Once I get all my investment capital back, I will…
HONG KONG — In the four years since they began operating, Hong Kong’s eight virtual banks have yet to become consistently profitable as they struggle with a low volume of transactions. While one says it is recording “monthly net profits,” two others say the break-even point is in sight. Source link
HONG KONG — Hong Kong’s stock market carried the torch of China’s rally on Wednesday, marking the biggest single-day jump since March 2022 while mainland exchanges were closed for an extended holiday. The Hang Seng Index gained more than 7% from the previous trading day in the afternoon, before closing up 6.2% at 22,443.73. The…
September 27, 2024 6:40 AM EDT | Source: Media OutReach Hong Kong, SAR–(Newsfile Corp. – September 27, 2024) – A delegation led by Hong Kong’s Financial Secretary Paul Chan is on a four-day visit to London (September 25-28, 2024), the second leg of an overseas trip to strengthen ties with European businesses and cultivate…
HONG KONG — China’s stock market had its best week in more than a decade as authorities served up a string of stimulus measures. The rush of optimism, however, is being tempered by nagging questions over how much the policy drive with energize companies and a sluggish real economy. The CSI 300, which tracks Shanghai…