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…
At the 9th “Belt and Road” Summit held in Hong Kong from the 11th to the 12th, political and business people attending the summit said that Hong Kong is both a “super connector” and a “super value-added person” and should…
The 9th Belt and Road Summit Forum, co-organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council, was held in Hong Kong on the 11th. The forum, with the theme of “Building a Connected,…
The Census and Statistics Department announced that Hong Kong’s overall export value in July increased by 13.1% year-on-year, and imports recorded the largest increase since January this year, increasing by 9.9%. Both accelerated by 2.4 and 0.9 percentage points respectively…
The Hong Kong Special Administrative Region Government published the “2024 Half-Year Economic Report” and the revised figures of the second quarter of 2024 GDP on the 16th. Data showed that Hong Kong’s real GDP grew by 3.3% year-on-year in the…
