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Tag: Hong Kong

Posted on October 28, 2023

Hong Kong may face over HK$100 billion fiscal deficit, finance chief Paul Chan warns

The Hong Kong government may face a fiscal deficit of more than HK$100 billion, the city’s finance minister has warned, citing a slow post-pandemic recovery and reduced revenue from land sales and …
Posted on October 28, 2023

COP28: Hong Kong will host first forum at United Nations climate talks to promote city as green, sustainable finance hub

NGO chairman Plato Yip says city’s regional strengths give it ‘formidable edge in becoming a global epicentre for green finance’.
Posted on October 28, 2023

COP28: Hong Kong will host first forum at United Nations climate talks to promote city as green, sustainable finance hub

NGO chairman Plato Yip says city’s regional strengths give it ‘formidable edge in becoming a global epicentre for green finance’.
Posted on October 28, 2023

Hong Kong hopes a one-off $2,500 check for new parents will help lift one of the developed world’s lowest birth rates

The Asian financial hub of Hong Kong has a big problem: Families are having fewer children, if at all. Schools are closing owing to a lack of students. And the city is still recovering from a …
Posted on October 28, 2023

Hong Kong hopes a one-off $2,500 check for new parents will help lift one of the developed world’s lowest birth rates

The Asian financial hub of Hong Kong has a big problem: Families are having fewer children, if at all. Schools are closing owing to a lack of students. And the city is still recovering from a …
Posted on October 28, 2023

Hong Kong FinTech Week 2023 “Fintech Redefined”

Invest Hong Kong (InvestHK) today (October 18) unveiled details of Hong Kong FinTech Week 2023 (HKFW). The eighth edition of HKFW, themed “Fintech Redefined.” will take place from October 30 to …
Posted on October 27, 2023

Hong Kong property sales could surge after easing measures — but don’t expect prices to pop

Questions remain on whether Hong Kong’s easing of property measures is enough to boost market sentiment and low transaction volumes for the private housing sector. For the market to fully recover, …

( read original story …)



Posted on October 27, 2023

Singapore home prices rebound, while record rents ease slightly

This has prompted major curbs to cool the hot market, in contrast to rival financial hub Hong Kong, which cut housing taxes this week to boost its ailing property sector. 01:37 Singapore government …

( read original story …)



Posted on October 27, 2023

Air China shares soar after reporting first quarterly profit since pandemic

Air China’s Hong Kong-listed shares rose almost 6% on Friday, their biggest jump in four months, after the flagship carrier reported its first quarterly profit in nearly four years.
Posted on October 26, 2023

FII: Hong Kong firm ASPACE signs deal to build Saudi Arabia’s aerospace sector from scratch, to invest US$200 million

ASPACE Hong Kong Satellite Manufacturing Center, a subsidiary of Hong Kong Aerospace Technology Group, has signed an agreement with Saudi Arabia to develop satellites and will invest an initial amount of US$200 million in the project.

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