After the launch of Hong Kong’s “New Capital Investor Entry Scheme” in March, the authorities reportedly received 753 applications, which is expected to bring in more than HK$22 billion (S$3.8 billion) in investment to Hong Kong. According to reports (December…
Hong Kong think tank Sci-Tech Research Institute believes that as Sino-Japanese relations warm up, Hong Kong must seize the opportunity to develop Hong Kong-Japan relations and promote Hong Kong-Japan trade. The article said that Hong Kong and Japan have a…
The U.S. State Department said that the Hong Kong government’s issuance of arrest warrants for six overseas pro-democracy figures and the revocation of passports of seven other pro-democracy activists were intimidating and condemned them. The U.S. State Department issued…
Hong Kong’s new and second-hand residential sales have rebounded under policy promotion, but the growth momentum may be difficult to sustain due to the weak economic outlook and high interest rates. Centaline data also showed that Hong Kong’s second-hand housing…
The data released by the Hong Kong Rating and Valuation Department on Wednesday (November 27) showed that Hong Kong’s private residential house price index rose 0.62% month-on-month in October, ending a five-month decline. The Rating and Valuation Department data also…
The Hong Kong government has vigorously promoted the talent admission scheme in the past two years, hoping to attract high-end professionals to Hong Kong and promote local economic development. Today (27th), the authorities disclosed in a written reply to questions…
Hong Kong News Network, October 30th. The Food Safety Center of the Food and Health Department of Hong Kong announced on the 29th that in response to the reports from the Ministry of Agriculture, Forestry and Fisheries of Japan and…
The Hong Kong Monetary Authority on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25%, tracking a move by the U.S. Federal Reserve. Hong Kong’s monetary policy moves in lock-step with the…
Hong Kong chief executive John Lee announced moves aimed at addressing the city’s housing affordability crisis, calling it “an issue of great public concern” in an annual policy address on Wednesday. One keynote policy announced in his speech will look…
The Hong Kong Monetary Authority announced on the 19th that according to the preset formula, the base rate was lowered to 5.25%, effective immediately. The HKMA said that the base rate was set based on two data, namely the lower…
