Hong Kong May retail sales increase 2.4%

[HONG KONG] Hong Kong’s retail sales by value rose 2.4 per cent in May from a year earlier, the first increase in more than a year, government data showed on Wednesday (Jul 2). Sales increased to HK$31.3 billion (S$5.1 billion), the first expansion since …

Hong Kong to regain IPO crown this year, say accountancy giants PwC and Deloitte

Hong Kong is expected to lead the world in IPO financing this year despite uncertainty from geopolitical tensions and trade tariffs, accountancy giant PwC said on Wednesday. HKEX on February 2, 2024. Photo: Kyle Lam/HKFP. The Chinese financial hub’s …

Wall St Journal may challenge Hong Kong gov’t decision not to intervene in press union head’s unlawful dismissal suit

The Wall Street Journal (WSJ) may challenge the Hong Kong government’s decision not to intervene in a lawsuit filed by its ex-reporter Selina Cheng over her alleged unlawful dismissal for taking up leadership of a press union, a court has heard. Selina …

Barclays' Hong Kong equities business likes JPMorgan, Goldman Sachs hires

Barclays may be cutting costs with the help of its new co-COO from Goldman Sachs, but it's also hiring from Goldman Sachs and JPMorgan in Asia for its equities sales and trading business. Get Morning Coffee ☕ in your inbox. Sign up here. Fresh from …

Chinese battery giant CATL was among the new listings on the Hong Kong Stock Exchange, with PwC saying the city was ...

Hong Kong should tap space economy, attract more top-end gatherings: Regina Ip

Hong Kong can boost growth by tapping into the space economy and hosting more top-tier international events such as the Apec finance ministers’ meeting, the top adviser to the city’s leader has said. Regina Ip Lau Suk-yee, convenor of the key decision- …

Hong Kong’s bull run leaves China in the dust

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government passed its welfare reform bill after making concessions, and Hong Kong’s stocks are beating out mainland China’s. …

A beloved Hong Kong film has ranked fourth place in the New York Times’ 100 best movies of the 21st century

We all love a good list, and the New York Times has recently dropped a banger. They rounded up over 500 influential directors, actors, and big names from Hollywood and all over the world to vote on the best film released since 2000, and gathered the …

Hong Kong Retail Sales Recover 2.4%

Hong Kong's retail sales value increased for the first time in more than a year in May, preliminary data from the Census and Statistics Department showed on Wednesday. The value of retail sales rose 2.4 percent year-on-year in May, reversing a 2.3 …

Hong Kong proposes registration system for same-sex couples