Cathay Pacific Airlines will operate its Seattle-Hong Kong flights on Airbus A350-900 aircraft like this one. Courtesy of Cathay Pacific Cathay Pacific Airlines is resuming nonstop service from Seattle-Tacoma International Airport to Hong Kong in 2026, marking a return of service that it began in 2019 before service was canceled during the global pandemic. The…
Companies in Hong Kong moved swiftly on Monday to take advantage of a new Swap Connect rule that lets them hedge using China’s onshore loan prime rate (LPR), as demand rises to manage yuan interest-rate risks. The measure, which was introduced by mainland China and Hong Kong regulators in May and went live on Monday,…
The resumption of a policy easing cycle following the US Federal Reserve’s quarter-point interest-rate reduction is likely to spur more investments into property globally, according to analysts. For mainland China and Hong Kong, however, the impact could be less significant owing to fundamental and geopolitical strains, they added. “Rarely do central banks do ‘one and…
On July 15, China passed new legislation known as the National Network Identity Authentication, also called Internet ID. Under this new law, Chinese citizens would voluntarily enroll via a government app, submitting their true name and a facial scan, after which they would be issued a unique ID code used for all online accounts. As of…
Hong Kong’s Northern Metropolis is no longer a distant blueprint but a defining project of our times. In his policy address, Chief Executive John Lee Ka-chiu made clear that its delivery will be a top priority, with new structures, legislation and transport links to ensure momentum. This marks a significant step forward for Hong Kong,…
Hong Kong’s Northern Metropolis is no longer a distant blueprint but a defining project of our times. In his policy address, Chief Executive John Lee Ka-chiu made clear that its delivery will be a top priority, with new structures, legislation and transport links to ensure momentum. This marks a significant step forward for Hong Kong,…
Hong Kong will increase its renminbi usage by issuing more yuan bonds and settling some government expenditures, paving the way for mainland Chinese investors to use the currency to trade locally listed stocks, a minister has said. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said on Thursday the move would address the…
Hong Kong’s leader has delivered a comprehensive policy blueprint pushing for further economic reforms by expediting key infrastructure projects and doubling down on the city’s competitive strengths, while also improving livelihoods, notably charting more paths to home ownership. In a wide-ranging speech that left no stone unturned, Chief Executive John Lee Ka-chiu vowed to entice…
Contemporary Amperex Technology (CATL) surged in Hong Kong on Monday after JPMorgan Chase upgraded the stock, which extended a rebound for Chinese battery makers and inflated the premium of its Hong Kong shares over those that trade in Shenzhen. The US bank also predicted stronger demand for CATL’s energy storage systems. CATL’s Hong Kong shares…
Hong Kong’s leader will exhaust all means, including leveraging legal, administrative and private sector efforts, to speed up development of the Northern Metropolis megaproject near the border with mainland China, the Post has learned. Measures being considered include setting up a company as a vehicle to attract industries more efficiently, adopting mainland construction standards and…