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Tag: Hong Kong

Posted on July 18, 2023

Hong Kong Urban Renewal Authority records rare HK$3.5 billion loss, marking first annual deficit in 9 years

Bosses on Tuesday said the authority had already secured the Hong Kong finance chief’s approval to increase its borrowing power from the current HK$6 billion to HK$25 billion, but they questioned …
Posted on July 18, 2023

HKEX’s climate disclosure rules will force Hong Kong firms to seek solutions for greenhouse gas emissions: PwC

Hong Kong-listed companies will need to ‘know their greenhouse gas emissions’ and ‘look for solutions’ to meet the stock exchange’s imminent climate disclosure requirements, says PwC.
Posted on July 18, 2023

United expands Pacific action with 3 new Asia routes, including flight to Philippines

United announced new flights to Manila in the Philippines, along with expanded service to Hong Kong, Tokyo, and Taipei in a big Asia-Pacific expansion.
Posted on July 18, 2023

Business Highlights: China’s economic growth is slowing; Russia ends Black Sea grain export deal

China’s economy misses growth forecasts, raising the odds of more support for its tepid recovery. HONG KONG (AP) — China’s economic growth missed forecasts in the second …
Posted on July 18, 2023

Exclusive: China’s CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources

China’s CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing’s call to bridge income inequality in the financial …
Posted on July 18, 2023

City of Dreams casino opens in Cyprus for high rollers

Melco, a gambling company based in Hong Kong, is the visionary behind the grand project known as the City of Dreams Mediterranean.
Posted on July 18, 2023

City of Dreams casino opens in Cyprus for high rollers

Melco, a gambling company based in Hong Kong, is the visionary behind the grand project known as the City of Dreams Mediterranean.
Posted on July 17, 2023

Hong Kong’s seafood businesses brace for a sales slump as Japan plans to discharge radioactive water

As Tokyo plans to discharge treated radioactive wastewater into the sea, Hong Kong’s Japanese restaurants and seafood suppliers are bracing for a slump in business under a potential ban by Hong Kong o …
Posted on July 17, 2023

Green finance key to foreign businesses in Hong Kong

The 26th anniversary of the establishment of the Hong Kong Special Administrative Region (SAR) has seen the city make good progress in cementing itself as Asia’s world city, and this will strengthen …
Posted on July 17, 2023

Stock market today: Asian shares mostly lower after China reports weaker than expected growth in 2Q

Asian shares are mostly lower after China reported weaker growth than forecast in the last quarter. Markets in Japan were closed for a holiday and Hong Kong’s market closed due to a typhoon.

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