Economy
Xi wants ‘one country, two systems’ unchanged
The Chinese leader said the principle was successful.
Lee seeks to strengthen HK status as international financial, trading centre
John Lee was sworn in as Hong Kong’s new leader.
HKEX to attract high-quality US-listed Chinese firms: PwC
Overall market capitalisation in Hong Kong reached $42t in 2021.
Businesses see 50% increase of bad debt write-offs: study
Almost half of the total value of business-to-business invoices was overdue.
Average pay rate went up by 1.8% in March
More than half of firms posted an increase in their average wage rates.
Value of Hong Kong exports drop by 1.4% to $388.1b
The value of exports has fallen behind the value of imports.
The value of Hong Kong exports dropped by 1.4% to $388.1b in May, falling behind the...
Stop the party! Gov’t prolongs social distancing rules until 13 July
Negative tests are required from customers of bars, pubs, clubs, and nightclubs.
Xi Jinping to grace meeting marking 25th year of HK’s return to motherland
CE Lam says Xi’s attendance shows central authorities’ support for Hong Kong.
‘Worse than 2021’ German business confidence in HK at record low
The average score for business confidence was at 2.30.
Inflation up by 1.2% YoY in May
It is smaller than the increase in April 2022 with 1.3%.
Deadline for 5G subsidy applications extended to 31 December
The $100m scheme was launched under an anti-epidemic fund.
Joblessness drops to 5.1% in May
The total number of unemployed people stands at 191,400.
Exports rise for the first time in 12 months
It grew 6.3 points to 30.9 points in the second quarter of 2022.
Hong Kong is world's 5th most competitive market
The city jumped two places from last year's ranking.
Lam OKs reappointment of Laura Cha as HKEX head
Cha was elected during a board meeting on 27 April.
Hong Kong retains its crown as most expensive location in the world
Higher prices and stronger currency have allowed the city to continue its reign.
Premature to say if HK is facing a sixth wave: Lam
The city has been seeing an increase in positive cases since the beginning of June.
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