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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.
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 ...
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 ...
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 ...
"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 ...
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 ...
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 ...
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-Hong Kong passed a law on May 7 that made it easier for the government to create new land through reclamation in the city’s famed Victoria Harbour, despite objections from ...
(New York) – Hong Kong authorities’ unjust arrests of the father and brother of the prominent US-based activist Anna Kwok is an escalation of the Chinese government’s use of cross-border ...
Earlier this week, the martial arts thriller Twilight of the Warriors: Walled In was confirmed to be one of Hong Kong’s most popular movies as it almost swept the board at the 43rd Hong Kong ...