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Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of reexports, is about four times GDP.
Mike Cai Wensheng, the co-founder and chairman of Chinese selfie app Meitu, bought a 53,000 square foot commercial building in Hong Kong for HK$650 million (US$84 million), with plans to turn the ...
Hong Kong’s freight forwarding industry is suffering collateral damage from an intensifying tariff war between China and the United States, shaking the city’s crucial role in re-exporting ...
US delisting risks are pushing Chinese companies to seek refuge in Hong Kong, which is emerging as a compelling alternative amid rising financial decoupling pressures. This article examines how the ...
HONG KONG, May 6 (Reuters) - Hong Kong's de-facto central bank stepped into the foreign exchange market on Tuesday as the currency hit the top end of its band for a fourth time this month ...
HONG KONG, May 3 (Reuters) - Hong Kong's de-facto central bank said it sold HK$46.54 billion ($6 billion) into the market on Saturday to prevent the local currency from strengthening beyond its ...
Hong Kong’s residential property prices remain on a downward trend, despite recovering demand and stronger construction activity. This comes after the government lifted market cooling measures and as ...
Hong Kong intervened to defend its peg, buying a record amount of US dollars after the city’s currency rose to the upper end of its trading band. The Hong Kong Monetary Authority spent HK$46,539 ...
On Sunday, May 11, the Vancouver Hong Kong Fair is returning to The Shipyards from 11 a.m. to 7 p.m. For many, the event’s main attraction will be the more than 80 booths in the cultural market ...
The Ministry of Culture issued a legal notice to Sotheby's over the auction. The auction involves 1,800 jewels linked to the Buddha. The relics, discovered in 1898, hold significant historical and ...
"If we find these things, we go and report it to the police." When the UK returned Hong Kong to China 28 years ago, internationally binding treaties guaranteed the city's rights and freedoms for ...
Police in Hong Kong have arrested the father and brother of US-based pro-democracy activist Anna Kwok for allegedly helping with her finances, according to media reports. It is the first time the ...