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Hong Kong Economy

  • Hong Kong’s Imported Mainland Labor Now Competing With Local Labor: Analysis
    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, 2024BY Michael Ko and Cindy Li
  • Hong Kong’s IPO Market Hits New Low
    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, 2024BY Michael Ko and Cindy Li
  • Hong Kong Property Market Won’t Rebound Despite City Scrapping Decade-Old Restrictions: Experts
    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, 2024BY Ying Cheung and Cindy Li
  • Economist Stephen Roach Declares ‘Hong Kong is Over’
    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, 2024BY Michael Ko and Cindy Li
  • Former Official: Hong Kong Authorities May Issue Bonds to Cope With Deficit
    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, 2024BY Shan Lam and Cindy Li
  • China’s Economic Downturn and CCP’s Tightened Grip Threaten Hong Kong’s Global Financial Hub Status: Experts
    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, 2024BY Pinnacle View Team
  • Hong Kong Impacted by Global Funds Exodus From China
    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, 2024BY Julia Ye and Michael Zhuang
  • Hong Kong Sees Property Prices Fall, Rents Rise
    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, 2024BY Ying Cheung and Cindy Li
  • Hong Kong’s Foreign Trade Records Biggest Decline in 70 Years in January
    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, 2023BY Kathleen Li and Angela Bright
  • Bill Ackman Bets Big Against Hong Kong Dollar, Says Currency Peg Doomed to Break
    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, 2022BY Naveen Athrappully
  • HK Economy: Business Activity Tightens in 3Rd Quarter as GDP Contracts Further to 4.5 Percent
    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, 2022BY Rita Huang and Harry McKenny
  • G7 Leaders and Scholars Criticize CCP for Shredding Hong Kong’s Autonomy and Economy
    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, 2022BY Nie Law and Leo Cheung
  • Hang Seng Index is Increasingly Flooded with Mainland Stocks
    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, 2022BY Nie Law
  • Hong Kong IPO Volumes Tumbled 92 Percent, PwC Cuts HK IPO Forecast by Half
    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, 2022BY Winnie Han
  • Hong Kong’s Poverty Rate at Record High
    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, 2022BY Winnie Han
  • Chinese Enterprises and Tycoons are in a Money Transfer Frenzy, Singapore the Top Choice
    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, 2022BY Jessica Mao
  • Hong Kong’s Bankruptcy Filings Hit New High in April, HKMA Bought Nearly $7.5 Million USD to Defend Currency
    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, 2022BY Julia Ye
  • Hong Kong’s GDP Shrinks by 4 Percent in Q1, Full-Year Economic Growth Forecast Halved
    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, 2022BY Joyce Liang
  • Hong Kong Chinese Stocks Facing the Pressure of Foreign Investors’ Withdrawal: Expert
    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, 2022BY Jessica Mao
  • Hong Kong Business Activity Slumps Further in March as Virus Pummels Economy
    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, 2020BY Reuters
  • Hong Kong’s Role in Global Finance Remains Intact Despite Months of Protests: Fitch
    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, 2019BY Reuters
  • Hong Kong Falls Into First Recession in 10 Years Amid Protests, Trade War
    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, 2019BY Reuters
  • Hong Kong’s Richest Man Calls for Corporate Tax Increase
    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, 2016BY Liang Zhen
TOP NEWS
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    NEW By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    3hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    3hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    5hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    6hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
    6hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    10hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    11hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
    12hr By Jacob Burg
    How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    17hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
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