[ad_1] Hong Kong CNN Business — China released stronger-than-expected GDP and other economic data on Monday, just a day after Xi Jinping clinched a historic third term in power following the conclusion of a major political gathering. But foreign investors were still spooked and dumped Chinese equities in overseas markets, …
Read More »Hong Kong plans $3.8 billion investment for global talent to avoid Covid brain drain
[ad_1] Hong Kong CNN Business — Hong Kong wants international firms to know it means business. The city’s leader, Chief Executive John Lee, announced Wednesday that the government would earmark 30 billion Hong Kong dollars ($3.8 billion) for a new fund aimed at bringing more businesses in. The fund will …
Read More »Hong Kong protester allegedly beaten at Chinese consulate in Manchester
[ad_1] Hong Kong CNN — Activists and lawmakers in the United Kingdom are demanding an investigation after a Hong Kong pro-democracy protester was allegedly beaten on the grounds of the Chinese consulate in Manchester. A pro-democracy group called Hong Kong Indigenous Defence Force had staged a protest outside the consulate …
Read More »Nord superyacht linked to Russian billionaire oligarch mysteriously shows up in Hong Kong
[ad_1] Hong Kong CNN — A megayacht linked to a sanctioned Russian oligarch has dropped anchor in Hong Kong, amid efforts by the West to seize the luxury assets of Russian elites in allied ports as the war in Ukraine drags on. The Nord, a nearly 142-meter (466-foot) yacht that …
Read More »More flights in Asia may cause airfares to fall, but it may take time
[ad_1] Many flights that were canceled during the pandemic are returning to the skies this month. Last week, Singapore Airlines and Scoot announced they’re adding dozens of flights to cities across Asia. Citing strong demand and relaxed border restrictions, both airlines announced more flights between Singapore and Japan, South Korea …
Read More »What is required to travel to Hong Kong? Many, many tests
[ad_1] Travelers headed to Hong Kong no longer need to quarantine in a hotel upon arrival. But they will have to submit to a barrage of Covid tests. They can go to work, take public transportation and go to supermarkets, but for the first three days, travelers can’t go into …
Read More »Hong Kong stocks hit an 11-year low after historic Fed rate hike
[ad_1] Hong Kong CNN Business — Hong Kong stocks hit their lowest level in more than a decade Thursday and other Asian markets also fell after the US Federal Reserve raised rates by 75 basis points and forecast even more hikes ahead, fueling concerns about a recession. The Hang Seng …
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