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Hong Kong Economy
Hong Kong’s Imported Mainland Labor Now Competing With Local Labor: Analysis
Last week, Morgan Stanley and HSBC cut dozens of jobs in the Asia & Pacific region, with at least 80 percent from mainland China and Hong Kong.
April 24, 2024
BY
Michael Ko
and
Cindy Li
Hong Kong’s IPO Market Hits New Low
Hong Kong's stock exchange dropped to tenth place globally in the first quarter, raising only HK$4.7 billion ($600 ...
April 18, 2024
BY
Michael Ko
and
Cindy Li
Hong Kong Property Market Won’t Rebound Despite City Scrapping Decade-Old Restrictions: Experts
"If Mainland China goes down, Hong Kong goes down," he told The Epoch Times, adding that the current ...
March 5, 2024
BY
Ying Cheung
and
Cindy Li
Economist Stephen Roach Declares ‘Hong Kong is Over’
While his opinion has triggered a strong reaction among some, the city’s indexes of real estate, finance, and ...
February 27, 2024
BY
Michael Ko
and
Cindy Li
Former Official: Hong Kong Authorities May Issue Bonds to Cope With Deficit
“It took British 150 years to turn Hong Kong into an international financial center, while China [the CCP] ...
February 19, 2024
BY
Shan Lam
and
Cindy Li
China’s Economic Downturn and CCP’s Tightened Grip Threaten Hong Kong’s Global Financial Hub Status: Experts
The implementation of the National Security Law in Hong Kong by the Chinese Communist Party (CCP) and the ...
January 31, 2024
BY
Pinnacle View Team
Hong Kong Impacted by Global Funds Exodus From China
American companies are quietly pulling out of the Chinese market, including pulling out as much as $68 billion ...
January 28, 2024
BY
Julia Ye
and
Michael Zhuang
Hong Kong Sees Property Prices Fall, Rents Rise
This may eventually lead to financial difficulties or even closure of companies, economic recession, and layoffs...
January 14, 2024
BY
Ying Cheung
and
Cindy Li
Hong Kong’s Foreign Trade Records Biggest Decline in 70 Years in January
The year-on-year decline in Hong Kong's foreign trade extended into January, recording its biggest monthly decline in 70 ...
March 9, 2023
BY
Kathleen Li
and
Angela Bright
Bill Ackman Bets Big Against Hong Kong Dollar, Says Currency Peg Doomed to Break
Billionaire Bill Ackman said that his hedge fund Pershing Square Capital Management has taken a significant short position ...
November 24, 2022
BY
Naveen Athrappully
HK Economy: Business Activity Tightens in 3Rd Quarter as GDP Contracts Further to 4.5 Percent
The Hong Kong Census and Statistics Department just released the latest GDP estimates on Oct. 31, saying that ...
November 1, 2022
BY
Rita Huang
and
Harry McKenny
G7 Leaders and Scholars Criticize CCP for Shredding Hong Kong’s Autonomy and Economy
Chinese Leader Xi Jinping, traveled to Hong Kong on July 1, 2022, to celebrate the 25th anniversary of ...
July 4, 2022
BY
Nie Law
and
Leo Cheung
Hang Seng Index is Increasingly Flooded with Mainland Stocks
Commentary Over the 25 years after the handover of Hong Kong's sovereignty, Hong Kong has undergone tremendous changes ...
June 21, 2022
BY
Nie Law
Hong Kong IPO Volumes Tumbled 92 Percent, PwC Cuts HK IPO Forecast by Half
PricewaterhouseCoopers (PwC) noted Hong Kong’s IPO fund raising activities slowed down in the first half of this year. ...
June 18, 2022
BY
Winnie Han
Hong Kong’s Poverty Rate at Record High
Poverty and unemployment in Hong Kong have reached a record high, and the national minimum wage has been ...
June 13, 2022
BY
Winnie Han
Chinese Enterprises and Tycoons are in a Money Transfer Frenzy, Singapore the Top Choice
A Chinese Tycoon from Fujian Province recently bought 20 units at Canninghill Piers, a luxury condominium development in ...
June 11, 2022
BY
Jessica Mao
Hong Kong’s Bankruptcy Filings Hit New High in April, HKMA Bought Nearly $7.5 Million USD to Defend Currency
Individual bankruptcy filings jumped to nearly 1,000 in April, a new high in Hong Kong since May 2020. ...
June 9, 2022
BY
Julia Ye
Hong Kong’s GDP Shrinks by 4 Percent in Q1, Full-Year Economic Growth Forecast Halved
Hong Kong's economy contracted by 4 percent in the first quarter, disrupting the growth trend of the previous ...
May 26, 2022
BY
Joyce Liang
Hong Kong Chinese Stocks Facing the Pressure of Foreign Investors’ Withdrawal: Expert
Analysts at UBS Securities recently said that it is difficult for funds to flow into the Chinese stock ...
May 17, 2022
BY
Jessica Mao
Hong Kong Business Activity Slumps Further in March as Virus Pummels Economy
HONG KONG—Business activity in Hong Kong deteriorated further in March, a private survey showed on April 3, as ...
April 3, 2020
BY
Reuters
Hong Kong’s Role in Global Finance Remains Intact Despite Months of Protests: Fitch
Hong Kong's role in global finance is intact, with little evidence to suggest recent protests and social unrest ...
December 12, 2019
BY
Reuters
Hong Kong Falls Into First Recession in 10 Years Amid Protests, Trade War
HONG KONG—Hong Kong slid into recession for the first time in a decade in the third quarter, weighed ...
October 31, 2019
BY
Reuters
Hong Kong’s Richest Man Calls for Corporate Tax Increase
The richest man in Hong Kong, 87-year-old Li Ka-shing, said in a recent exclusive interview with Bloomberg Television ...
June 30, 2016
BY
Liang Zhen
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
NEW
By
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
3hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
3hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
5hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
6hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
6hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
10hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
11hr
By
Naveen Athrappully
How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
12hr
By
Jacob Burg
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
17hr
By
Melanie Sun