Financial Secretary Paul Chan says Hong Kong may face a higher interest rate environment for longer.
Amber Aviation vice-president Vicky Tsui says private plane co-ownership scheme will launch in June, allowing fliers to avoid extra costs and paperwork of sole ownership.
CY Leung identifies trade and shipping services as areas for city, in pursuing second- or third-tier mainland Chinese companies to set up offices.
Warning over effect on Hong Kong as yen hits 34-year low of 156.82 against US dollar after Bank of Japan held interest rates close to zero.
More inspections will be conducted in city’s tourist attractions, control points, restaurants and shops during mainland China holiday from May 1 to 5, authorities say.
City leader John Lee says two cities have reached consensus on 65 projects spanning 15 sectors, including innovation, technology and industrial development.
Prices of second-hand homes have increased for the first time in almost a year as the recent removal of cooling measures gave a much-needed boost to the beleaguered property market.
Fireworks display and shopping discounts to be on offer for May ‘golden week’ holiday, but some lawmakers appeal for more attention for less well-known areas of city.
Legislators also scrutinise costs run up by former leader Carrie Lam amid debate on passage of 2024-25 budget.
Treasury chief Christopher Hui says figure includes 82 family offices based on mainland, 27 in Europe and nine in Middle East.
Net profit for the January-to-March period came in at HK$2.97 billion (US$380 million), or HK$2.35 per share, beating a consensus estimate of a 14 per cent decline and improving on the fourth quarter of 2023 by 14 per cent.
Regina Ip, convenor of government’s key decision-making Executive Council, says current situation is ‘inflection point’ for city.
Finance chief says property and stock markets still under pressure amid geopolitical tensions, urges investment in green development and digital economy to drive growth.
Hong Kong offers plenty of wealth management and stock market opportunities despite headwinds and uncertain economic outlook in China, according to speakers at the Apec Business Advisory Council summit.
Hong Kong has the potential to become an international innovation hub for hydrogen technologies, says Towngas’s Don Cheng.
Global Talent Summit – Hong Kong will be held May 7-8 alongside CareerConnect Expo featuring almost 100 exhibitors.
Hong Kong’s SMEs are more optimistic than their peers in mainland China, Singapore and Australia when it comes to growing their businesses this year, thanks to government support and an increase in online sales, a survey shows.
The Hong Kong Monetary Authority’s SME information platform is part of its ongoing efforts to help SMEs affected by the shift in consumer and tourist spending patterns.
Hong Kong can do more to help finance the transition of high-emitting sectors and heavy-polluting industries to more sustainable business activities as a hub for the region, Financial Secretary Paul Chan says.
Jewellery chain Chow Tai Fook promises more technology-led shopping because ‘that’s what younger customers want’.
Hong Kong’s representatives to the Asia-Pacific Economic Cooperation business advisory council plan to use the platform to showcase the city as more than just a finance hub.