Business

According to Fitch Ratings, the outlook for Hong Kong’s banking sector has been revised from “neutral” to “improving”, reflecting banks’ stronger earnings forecasts in the second half of 2023.

posted on 26.05.2023

Markets

The unemployment rate in Hong Kong fell to 3% between February and April

posted on 19.05.2023

Economy

Chief Executive John Lee said that the Hong Kong economy grew 2.7% in Q1 to end four straight quarters of contraction.

posted on 02.05.2023

Markets

According to Chinese media reports, US rate hikes won't impact Hong Kong's currency or financial stability, and the aggregate balance of the city's banking system is stable.

posted on 21.04.2023

Politics

One of Hong Kong's top financial officials is due to visit the UK this month, the first ministerial-level visit from an official from the city in over three years, according to the government.

posted on 11.04.2023

Markets

The residential property market in Hong Kong has registered gains for two straight months, driving prices to a four-month high.

posted on 30.03.2023

Economy

The Hong Kong Monetary Authority (HKMA) increased its base rate by 25 basis points to 5.25% on Thursday after the US Federal Reserve announced a rate hike of the same margin.

posted on 23.03.2023

Economy

The Hong Kong government is set to distribute the first lot of electronic consumption vouchers worth HK$3,000 ($382) on 16th April and the second instalment of HK$2,000 three months later.

posted on 13.03.2023

Economy

Retail sales in Hong Kong increased in January for the second consecutive month on improved consumer sentiment.

posted on 03.03.2023

Economy

Hong Kong is facing pressure to curb spending as it unveils the annual budget on Wednesday after accumulating massive fiscal deficits during the pandemic.

posted on 21.02.2023

Business

National security clauses have been added to land sale and short-term rental documents by Hong Kong's Lands Department

posted on 14.02.2023