|  NEWS

Economy

Hong Kong forecasts 30% spike in tourism over 'golden week'

The tourism sector in Hong Kong is upbeat over their business prospects during the Labour Day' golden week' holiday in China.

Markets

Hong Kong govt. to unveil more steps to boost stock market

Hong Kong's Chief Executive John Lee has announced authorities are contemplating further steps to boost the securities market within the Asian financial hub.

Markets

Hong Kong's new home sales hit 11-year top

New home deals reached an 11-year high last month, indicating a potential revival for the property market following the removal of government cooling measures.

Economy

Hong Kong forecasts 30% spike in tourism over 'golden week'

The tourism sector in Hong Kong is upbeat over their business prospects during the Labour Day' golden week' holiday in China.

Markets

Hong Kong govt. to unveil more steps to boost stock market

Hong Kong's Chief Executive John Lee has announced authorities are contemplating further steps to boost the securities market within the Asian financial hub.

Markets

Hong Kong's new home sales hit 11-year top

New home deals reached an 11-year high last month, indicating a potential revival for the property market following the removal of government cooling measures.

Economy

HKMA leaves key rate unchanged at 5.75%

On Thursday, the Hong Kong Monetary Authority (HKMA) opted to maintain its overnight discount window base rate at 5.75%, aligning with the decision of the US Federal Reserve to keep interest rates steady.

Markets

Alibaba to invest HK$5bn in Hong Kong's entertainment sector

Chinese multinational tech titan, Alibaba has committed to investing HK$5 billion in Hong Kong's entertainment industry to support its promotion to a global audience.

Markets

Hong Kong property sales rise as curbs removed

​​​​​​​The property market in Hong Kong saw a rise in transactions as all additional stamp duties were removed on Wednesday

Economy

Hong Kong’s population hits 7.5 million in 2023

The population of Hong Kong increased 0.4% to 7.5 million in 2023, according to the government, boosted by a net inflow of returning residents and those on residential schemes.

Markets

Hong Kong vows to boost fintech following digital green bonds issuance

Hong Kong’s government has reiterated its commitment to promoting fintech innovation following the issuance of around HK$6 billion worth of digital green bonds.

Economy

Hong Kong’s economic growth slower-than-predicted in 2023

The Hong Kong economy grew at a slower-than-forecast pace in 2023, highlighting the challenges to the city’s post-Covid recovery as growth is impacted by the slowdown in China and higher interest rates overseas.

Economy

Hong Kong retail sales soar as tourism rallies

Hong Kong’s ongoing inbound tourism rally saw retail sales grow for the 12th consecutive month in November, according to official data published on Thursday.

Markets

HK Central Bank leaves rates unchanged

The Hong Kong Monetary Authority (HKMA) left the base rate charged through the overnight discount window the same at 5.75% on Thursday, tracking the Federal Reserve's move to keep rates steady.

Economy

HKMA leaves key rate unchanged at 5.75%

On Thursday, the Hong Kong Monetary Authority (HKMA) opted to maintain its overnight discount window base rate at 5.75%, aligning with the decision of the US Federal Reserve to keep interest rates steady.

Markets

Alibaba to invest HK$5bn in Hong Kong's entertainment sector

Chinese multinational tech titan, Alibaba has committed to investing HK$5 billion in Hong Kong's entertainment industry to support its promotion to a global audience.

Markets

Hong Kong property sales rise as curbs removed

​​​​​​​The property market in Hong Kong saw a rise in transactions as all additional stamp duties were removed on Wednesday

Economy

Hong Kong’s population hits 7.5 million in 2023

The population of Hong Kong increased 0.4% to 7.5 million in 2023, according to the government, boosted by a net inflow of returning residents and those on residential schemes.

Markets

Hong Kong vows to boost fintech following digital green bonds issuance

Hong Kong’s government has reiterated its commitment to promoting fintech innovation following the issuance of around HK$6 billion worth of digital green bonds.

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