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Tag: Hong Kong

Posted on July 25, 2023

Asia shares rally after China pledges economic support steps

Asian shares jumped on Tuesday as China’s pledge to step up policy support for its stuttering economy soothed sentiment and lifted beaten down Hong Kong and Chinese stocks, while the dollar eased ahead of the Federal Reserve meeting this week.
Posted on July 25, 2023

Hong Kong and Singapore sign 7 bilateral deals as John Lee predicts ‘open doors’ will allow more business to flow in both directions

At the dinner, Heng reiterated Singapore’s support for Hong Kong’s bid to join the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free-trade deal, as he underscored the rise …
Posted on July 24, 2023

Hong Kong court to decide on China Evergrande restructuring in Sept

A Hong Kong court on Monday said it will decide in September on an offshore debt restructuring for embattled property developer China Evergrande Group that could allow creditors to recoup up to about …

( read original story …)



Posted on July 24, 2023

Why Hong Kong property market still faces a long, hard slog to recovery

The much-anticipated reopening of China’s economy after the pandemic has not translated into a steady upturn for Hong Kong’s property market The city’s ability to bounce back from previous crises …

( read original story …)



Posted on July 24, 2023

‘Property quarrel’ led to Hong Kong flat fire, knife attack that left 4 sisters severely injured in hospital

A preliminary investigation suggested the four sisters were doused with a flammable solution and suffered burns when a blaze broke out during the quarrel at the flat in Tsz Lok Estate’s Lok Shun House …

( read original story …)



Posted on July 24, 2023

Forecasters warn Typhoon Doksuri poses risk to Philippines, Taiwan, Hong Kong and China

A growing typhoon is sweeping across the Pacific Ocean toward the Philippines, with forecasters warning it could strengthen into a supertyphoon and press on towards Taiwan, Hong Kong or mainland China …
Posted on July 24, 2023

Hong Kong court to hold hearings on China Evergrande restructuring plan in Sept

A Hong Kong court will hold sanction hearings over whether to approve embattled Chinese property developer China Evergrande Group’s offshore debt restructuring plan on Sept. 5 and Sept. 6, the court …
Posted on July 23, 2023

It’s time Hong Kong landlords woke up from their illusions

Readers discuss the likelihood of a property market correction, and how hard it is for a non-local to rent a flat Feel strongly about these letters, or any other aspects of the news? Share your views …

( read original story …)



Posted on July 23, 2023

China Doubles Size of August’s Sovereign Yuan Bond Issuance in Hong Kong to USD1.7 Billion

(Yicai Global) July 20 — China’s Ministry of Finance is doubling the size of its second bond issuance this year in the Hong Kong Special Administrative Region, which is due to be released next month, …
Posted on July 22, 2023

Excessive agency fees costing some Hong Kong migrant domestic workers over HK$19,000, union says

Migrant domestic workers in Hong Kong who complained of being overcharged by agents faced an average fee of over HK$19,000, a union federation has found. The Hong Kong Federation of Asian Domestic …

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