The Hong Kong Hang Seng Index opened evenly Thursday but declined to the close, finishing down 1.9% as traders again eschewed property and tech issues. The broad gauge Hang Seng fell 311.92 to 16,389.
Over 3,000 fake football jerseys of Argentina, Mexico national teams among HK$30 million in counterfeit goods seized by Hong Kong customs
More than 3,000 counterfeit football jerseys of the national teams of Argentina and Mexico are among HK$30 million (US$3.8 million) worth of fake brand-name products seized in a two-week operation, …
No End in Sight for China’s Lockdown Strategy To Beat COVID
For those in China hoping for a reprieve from the unpredictability of stringent COVID rules, there were encouraging signs in September when quarantine requirements were relaxed in Hong Kong, which had …
Hong Kong Property Stocks Jump on Potential Tax Cut Report
Shares of Hong Kong-based developers rallied after a Bloomberg report that the city’s government is considering cutting property tax for non-resident buyers, a move that could stabilize the ailing …
Hong Kong nixes U.S. sanctions on Russian-owned superyacht
The $500 million superyacht Nord moored in Hong Kong’s harbor last Wednesday after a weeklong journey from the Russian city of Vladivostok.
Superyacht struggle: Is Hong Kong now safe harbor for sanctioned Russians?
Hong Kong’s leader, John Lee, said Tuesday that the city had no legal basis to act on a Russian oligarch’s superyacht in the city.
Hong Kong’s high fliers eye rare chance to join Chinese space mission, with scientists and engineers flocking to sign up
Scientists and engineers in Hong Kong have responded enthusiastically to Beijing’s decision to extend a recruitment drive for the country’s space programme to the city, with a number of academics …
US warns Hong Kong against helping sanctioned individuals
The U.S. warned Hong Kong on Monday that its status as a financial center could be affected if it acts as a safe haven for sanctioned individuals, days after a luxury yacht …
Hong Kong’s high fliers eye rare chance to join Chinese space mission, with scientists and engineers flocking to sign up
Scientists and engineers in Hong Kong have responded enthusiastically to Beijing’s decision to extend a recruitment drive for the country’s space programme to the city, with a number of academics …
Hong Kong declines to act on Russian superyacht
Hong Kong has said it will not seize the superyacht of a Russian oligarch who is under Western sanctions. Chief executive John Lee said Hong Kong would be accountable to United Nations sanctions but …