China stocks were unchanged on Wednesday, with gains in chipmakers countering losses in consumer staples, after data showed the country’s exports growth weakened in August. Hong Kong’ main benchmark, …
China Billionaire Guo Guangchang’s Flagship Fosun Int’l Plunges To Nine-Year Low As Tourism Stake Cut
Shares in Fosun International, the flagship of Shanghai billionaire Guo Guangchang, tumbled by 5.9% to a more than nine-year low in Hong Kong on Tuesday as the investment company lowered its stake in …
China Billionaire Guo Guangchang’s Flagship Fosun Int’l Plunges To Nine-Year Low As Tourism Stake Cut
Shares in Fosun International, the flagship of Shanghai billionaire Guo Guangchang, tumbled by 5.9% to a more than nine-year low in Hong Kong on Tuesday as the investment company lowered its stake in …
Asian markets mixed after China promises economic support
Asian stock markets were mixed Tuesday after China promised to speed up the rollout of policy changes to boost anemic economic growth. Shanghai gained while Hong Kong declined. Economic growth sank to …
China’s Foreign Investment Data Distorted by Hong Kong Flows
China’s government data show foreign investment into the economy grew by almost a fifth this year, a feat highlighted by officials as evidence global companies are resisting calls from US and European …
Relaxation of Covid-19 restrictions tops Chinese-Malaysian and Vietnamese-Chinese business wish list, Hong Kong delegation to Asean nations says
Relaxation of travel restrictions top of list for businesses, Hong Kong delegations to Kuala Lumpur and Ho Chi Minh City say Hong Kong politicians warn continued tough Covid-19 rules ‘undermine’ …
Hong Kong residential sales down 23.9% to 3,671 units in July
The overall stamp duty revenue is at a 19-month low. The interest rate hike and weak market sentiment took its toll on Hong Kong residential sales. According to the Land Registry, a total of 3,671 …
Hong Kong Floats Quarantine-Free Plan for Summit, but Bankers Don’t Want Special Treatment
Top banking executives who are interested in attending a high-level summit in November don’t want exemptions from Hong Kong’s strict travel rules, mainly because of the negative optics of being given …
Hong Kong Floats Quarantine-Free Plan for Summit, but Bankers Don’t Want Special Treatment
Top banking executives who are interested in attending a high-level summit in November don’t want exemptions from Hong Kong’s strict travel rules, mainly because of the negative optics of being given …
HKFP Lens: Unkindest cut as Hong Kong’s last sawmill set to close after 75 years to make way for new Northern Metropolis
The owner of Chi Kee Sawmill & Timber, Wong Hung-kuen, describes the 75-year-old business as a “temple of carpentry” in Hong Kong. But the city is about to lose its last such temple. The 72 year-old …