Hong Kong | Homes remain world’s least affordable for 10th year

Hong Kong has racked up a 10th year as the world’s least-affordable housing market, highlighting the inequality that has helped fuel months of protests. The

Hong Kong | Jobless rate rises for third consecutive month

Hong Kong’s jobless rate rose for a third month in December, as the city’s consumption and tourism-related industries remained weak amid the city’s protest-driven recession.

Hong Kong | Gov’t rebuffs key protest demand as violence persists

Hong Kong leader Carrie Lam’s government again pushed back on a key demand of protesters as a downtown rally turned violent, showing the unrest that began

World Economic Forum | Carrie Lam to remind world leaders of HK’s strengths

Hong Kong Chief Executive Carrie Lam will lead a top-level delegation to the World Economic Forum (WEF) in Davos this week with the aim to remind global

Hong Kong must not give up on youth, says finance secretary

Hong Kong must not give up on its youth and should invest in future generations, Finance Secretary Paul Chan said at a forum Saturday, Radio Television

Briefs | Cruise liner tours prove popular in Shenzhen

Cruise liner tours have become quite popular in southern China as the traditional Spring Festival holiday approaches. In the metropolis of Shenzhen, tickets have sold out for the

Hong Kong is months behind on tax collection

Hong Kong is behind on its taxes. Hundreds of thousands of residents are still waiting in January for their salaries tax bills, which normally start

Kyle Bass’s doomsday call on HK isn’t convincing markets

Kyle Bass is convinced Hong Kong is headed for a financial crisis, and he’s warning investors every chance he gets. Few seem to be listening. The

Carrie Lam says special status can endure beyond 2047

Hong Kong’s leader Carrie Lam said yesterday that the ‘“one country, two systems’’ framework under which the city enjoys freedoms unknown in China could continue after a 2047 deadline if

Briefs | Macau, HK deputies briefed on top legislature’s work

China’s top legislature Wednesday briefed deputies from Hong Kong and Macau to the 13th National People’s Congress (NPC) on its major work in 2019 and the preliminary plan for this

Singapore companies abandon home to list in Hong Kong

Hong Kong remains the top listing venue for Singapore companies. CTR Holdings Ltd., a provider of engineering services, is the latest example. It’s the second

Trade, intellectual property initiative issued in Guangzhou

The Nansha Initiative on Trade and Intellectual Property was signed yesterday in Guangzhou, capital of Guangdong Province, as the two-day Forum on Global Trade, Technology Innovation and

Huge explosion at Zhuhai petrochemical plant

An explosion occurred at a petrochemical plant in Zhuhai of Guangdong Province around noon yesterday, according to state media China Global Television Network (CGTN). A fire

Guangdong province reports 6.3% economic growth in 2019

Guangdong Province, one of the country’s economic powerhouses, estimated its gross domestic product rose around 6.3% to surpass 10.5 trillion yuan (around $1.52 trillion) in 2019.

Fashion label maker SML explores $500 million sale

SML Group Ltd., a closely held garment label maker for fashion brands and retailers globally, is exploring a sale of the business which could fetch about

HK pins hopes on trade, finance to restore economy

Hong Kong’s government is usually eager to play up the city’s resilience in the face of economic calamity, like the bounce-back after the Asian financial crisis

Chow Tai Fook to shut down about a fifth of its HK stores

Chow Tai Fook Jewellery Group Ltd. said it plans to shut about 15 of its Hong Kong stores after their leases expire this year, in a

Yum China to work with CICC, Goldman on HK Listing

Yum China Holdings Inc. is working with China International Capital Corp. and Goldman Sachs Group Inc. on the preparations of a second listing in Hong Kong, fueling the

Human Rights Watch boss says he was barred from Hong Kong

The executive director of campaign group Human Rights Watch said that he was prevented from entering Hong Kong, where he intended to release a report critical of the Chinese government. Kenneth

HK police watchdog finds ‘many shortcomings,’ report says

An investigation by Hong Kong’s police watchdog into the conduct of the city’s officers throughout recent unrest has revealed “many shortcomings,” the Hong Kong Economic Journal reported. The 300-page report from

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