HONG KONG – Hong Kong’s retail sales fell in February after 12 straight months of growth as a wave or COVID-19 infections hit the city and anti-epidemic measures weakened consumer …
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MILAN – Italian investors led by Milanese asset manager Banca Mediolanum bought into an Hong Kong initial public offering by luxury yacht maker Ferretti, which saw Chinese investors take the …
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HONG KONG – Goldman Sachs said Hong Kong residential property prices could drop as much as 20% through 2025, hurt by a drag on household income and homebuyer demand caused …
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By Selena Li HONG KONG – A supervisory body of Hong Kong’s central bank has decided to replace a unit of State Street Corp as manager of the territory’s largest …
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SYDNEY – Italian luxury yacht maker Ferretti Group has priced its shares at HK$22.88 each, the lower end of its proposed range, to raise HK$1.9 billion ($242.75 million) in its …
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By Selena Li HONG KONG – Hong Kong Monetary Authority (HKMA) has decided to replace State Street Corp unit State Street Global Advisors (SSGA) as manager of the HK$111 billion …
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By Jamie Freed – Hong Kong startup Greater Bay Airlines has scaled back its initial growth ambitions due to tight pandemic-related quarantine restrictions and has yet to set a date …
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By Scott Murdoch, Samuel Shen and Selena Li SYDNEY/HONG KONG – China’s securities regulator has barred the country’s investment banks it regulates from acting as promoters of blank-check firms in …
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By David Shepardson WASHINGTON -The Centers for Disease Control and Prevention (CDC) on Monday urged Americans to avoid travel to Hong Kong, New Zealand and Thailand over COVID-19 cases. The …
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HONG KONG, Feb 24 – Hong Kong released January export data on Thursday: * January exports rises 18.4 pct y/y Hong Kong trade: Percent change on a year earlier: All …
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HONG KONG – The Hong Kong stock exchange operator’s 2021 net profit rose 9% but missed expectations, as China’s regulatory crackdowns resulted in fewer listings and struggling markets hurt its …
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HONG KONG – Hong Kong’s economy is expected to grow 2.0% to 3.5% this year after expanding 6.4% in 2021, as social restrictions to tackle a growing COVID-19 outbreak are …
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SYDNEY – One of JPMorgan’s most senior Asia Pacific equities bankers, Ryan Holsheimer, is leaving the bank and Hong Kong to return to Australia, according to a memo seen by …
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By Joyce Zhou and Twinnie Siu HONG KONG – Hong Kong leader Carrie Lam said on Friday that it would take up to three months to stabilise a worsening COVID-19 …
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HONG KONG – The election of Hong Kong’s chief executive, scheduled to be held in March, will be postponed to May as the Asian financial hub battles to control an …
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HONG KONG – The Hong Kong Retail Management Association said on Thursday retail traffic in the global financial hub has dropped 40% from December as a surge in coronavirus cases …
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Chinese leader Xi Jinping demanded that Hong Kong’s government get its Omicron coronavirus surge, which has overwhelmed the city’s healthcare system, under control, The Wall Street Journal reported. Xi’s order …
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Hong Kong police announced Tuesday they had arrested a 41-year-old man, identified by local media as singer Tommy Yuen, for suspected sedition and money laundering, Reuters reported. Yuen was taken …
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SINGAPORE – HSBC said on Monday it has appointed Luanne Lim as the chief executive officer of its Hong Kong business, its biggest market, as the Asia-focussed bank looks to …
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By Jessie Pang HONG KONG – An American lawyer convicted of assaulting a plain-clothes Hong Kong police officer during anti-government protests in 2019 lost his appeal on Tuesday and was …
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By Greg Torode HONG KONG – Hong Kong’s leader has left open for more than five months a seat on the panel that selects the city’s judges, three lawyers familiar …
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By Jessie Pang HONG KONG – A leading Hong Kong university on Saturday covered a painted slogan commemorating China’s Tiananmen Square crackdown, the latest instance of a public June 4 …
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HONG KONG -Hong Kong’s Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$170.5 billion ($21.9 billion) in 2021, the Hong Kong Monetary Authority …
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TRENTON, N.J. — A New Jersey man who illegally tried to send 10 live lizards to Hong Kong has been sentenced to three years of probation, including with six months …
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By Greg Torode and Jessie Pang HONG KONG – Hong Kong’s security chief said on Wednesday that his government would strengthen laws against espionage as part of extra national security …