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Tag: Hong Kong

Posted on June 11, 2023

How Singapore Airlines soared while regional rival Cathay Pacific stalled

Their financial divergence reflects the rise of Singapore, one of the first countries in Asia to reopen its borders after the pandemic, and the burnishing of its status as a business hub. Hong Kong, …
Posted on June 11, 2023

Hong Kong takes leading role in globalisation of renminbi with expansion of bilateral trading and new products

Financial Secretary Paul Chan Mo-po says move will mitigate risks arising from global political and economic changes Hong Kong fully committed to widening the range of offshore yuan asset options in …
Posted on June 10, 2023

Hong Kong ends reign as world’s most expensive city for expats, Singapore gains eight places amid soaring property prices

New York dethrones Hong Kong, which came in at No 2 in ECA International rankingsOther Asian cities also dropped in the rankings, with Tokyo falling five spots to 10 …

( read original story …)



Posted on June 9, 2023

Chan right to remain cautious on Hong Kong property

While the real estate sector has been lobbying for a relaxation of market cooling measures, now is not the time for big policy changes When it comes to promoting home ownership and avoiding …

( read original story …)



Posted on June 9, 2023

Explainer: How Hong Kong plans to test its digital dollar in $229 billion mortgage market?

Hong Kong ‘s central bank plans to test the use of its digital currency under a pilot project in its HK$1.8 trillion ($229 billion) mortgage market, with an aim to slash a month-long loan approval …

( read original story …)



Posted on June 9, 2023

Hong Kong’s era? Top finance officials flex city’s offshore yuan hub muscles at Caixin summit, Shanghai’s Lujiazui Forum

Hong Kong can play a crucial role of a platform for China and collaborations with foreign countries’ in post-Covid era, Paul Chan tells Caixin summit Hong Kong can ‘do lots of jobs’ when it comes to …
Posted on June 9, 2023

Dalian Wanda vows legal battle as Chinese court freezes US$270 million worth of shares amid stalled Hong Kong IPO

Dalian Wanda Group is ‘confident in defending’ against the freeze but faces liquidity concerns following repeated failures by its unit Zhuhai Wanda Commercial Management Group to get approval for a …

( read original story …)



Posted on June 9, 2023

Lawmakers Blast US Plans To Include Hong Kong’s Sanctioned Leader At Summit

A bipartisan group of United States lawmakers including Florida Senator Marco Rubio has urged Joe Biden’s administration to “prohibit” Hong Kong’s sanctioned leader from attending an annual Pacific …
Posted on June 9, 2023

Lawmakers Blast US Plans To Include Hong Kong’s Sanctioned Leader At Summit

A bipartisan group of United States lawmakers including Florida Senator Marco Rubio has urged Joe Biden’s administration to “prohibit” Hong Kong’s sanctioned leader from attending an annual Pacific …
Posted on June 9, 2023

China Asks US to Let Sanctioned Hong Kong Leader Attend Summit

China has called on the US to fulfill its obligation to allow Hong Kong Chief Executive John Lee to attend a summit in San Francisco this year, underscoring the difficulty of engaging with sanctioned officials.

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