Tag: Hong Kong
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Hong Kong August retail sales rise 5.6%
HONG KONG, Oct 2 : Hong Kong’s August retail sales value jumped 5.6 per cent from a year earlier to HK$32.1 billion ($4.09 billion) for a 16th month of gains, government data showed on Friday.• In July, retail sales value rose 4.5 per cent on the year• Growth was seen across many types of retail…
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Ex-husband, in-laws accused of murdering Hong Kong model Abby Choi appear in court
Police discovered parts of 28-year-old Abby Choi’s dismembered body at a house in suburban Hong Kong in 2023.
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China’s robot revolution leaves Hong Kong playing catch-up
A humanoid robot store in Hong Kong offers a glimpse of the future — and a reminder of the city’s technology gap with mainland China.
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Hong Kong launches 4-year euro digital green bond, term sheet shows
HONG KONG, Sept 28 : Hong Kong’s government launched a benchmark-sized, four-year euro green bond in digital form and set final price guidance at 11 basis points above mid-swaps, according to a term sheet on Monday.Here are more details from the sheet:• The bond is due to settle on Tuesday and will p
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Australia confirms F-35 fighter parts missing after shipment unexpectedly diverted to Hong Kong
Lockheed Martin reportedly used a third company to ship the components, which were bound for the United States but ended up in Hong Kong instead.
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Ligent Technologies jumps in Hong Kong debut, outpacing key indices
HONG KONG, Sept 22 : Shares of Chinese fibre-optic communications equipment maker Ligent Technologies jumped as much as 19.2 per cent to HK$39.3 a share in their Hong Kong debut on Tuesday, after the company raised HK$5.67 billion ($722.70 million) with its share sale.The stock last traded at HK$36.20 a share
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Hong Kong proposes easier rules for deals, spin-offs
HONG KONG, Sept 21 : Hong Kong Exchanges and Clearing Ltd on Monday proposed easing rules for listed companies making large deals and spin-offs, as the bourse seeks to boost the city’s appeal as a listing venue.Under a consultation paper produced by HKEX, shareholder approval for most major acquisitions, sale
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Four Chinese firms seek to raise up to $1.83 billion in Hong Kong offerings
Sept 21 : Four Chinese firms are looking to raise up to a combined HK$14.35 billion ($1.83 billion) via separate listings in Hong Kong, with automation equipment maker RoboTechnik accounting for the largest portion, exchange filings showed on Monday.The offerings come as Hong Kong’s market for initial public
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Hong Kong Monetary Authority raises rates for first time since July 2023
HONG KONG, Sept 17 : The Hong Kong Monetary Authority raised its base interest rate charged via the overnight discount window by 25 basis points to 4.25 per cent on Thursday, tracking a hike by the U.S. Federal Reserve.Hong Kong’s monetary policy moves in lock-step with the United States as the city’s currenc
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Hong Kong Monetary Authority raises interest rates, tracking Fed move
HONG KONG, Sept 17 : The Hong Kong Monetary Authority on Thursday raised its base interest rate charged via the overnight discount window by 25 basis points to 4.25 per cent, tracking a hike by the U.S. Federal Reserve.Hong Kong’s monetary policy moves in lock-step with the United States as the city’s currenc
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