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Hong Kong's flag airline announces 8,500 job cuts
Hong Kong-based Cathay Pacific Airways Limited Wednesday announced to eliminate about 8,500 job positions, which accounts for around 24 percent of the group's established headcount of 35,000.
Hong Kong embraces opportunities as global digital financial center
Technology is, without a doubt, reshaping the global financial system and it is necessary for Hong Kong to consider how to seize opportunities in digital currency and make full preparations in line with national policies.
China issues 6 billion USD-denominated bonds in Hong Kong
China's Ministry of Finance (MOF) has issued U.S. dollar-denominated sovereign bonds worth six billion dollars in the Hong Kong Special Administrative Region.
Hong Kong needs to gear up for RMB internationalization: HKEX chief
Hong Kong Exchanges and Clearing Limited (HKEX) Chief Executive Charles Li Xiaojia said on Tuesday that Hong Kong has to be prepared to support the internationalization of renminbi (RMB).
HKSAR chief executive urges public to join universal testing for COVID-19
Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Carrie Lam Tuesday urged the public to actively join the Universal Community Testing Program launched by the HKSAR government to help break down the chain of transmission.
Hong Kong banks' aggregate balance hits nearly 3-yr high
The aggregate balance in Hong Kong's banking systems hit a nearly three-year high with a strong local currency and a continuous capital influx, reassuring investors about the stability of the global financial center.
HKEX posts record high half-year net profit, revenue
Hong Kong Exchanges and Clearing Limited (HKEX) posted 8.78 billion Hong Kong dollars of revenue and other income in the first half of the year, up 2 percent, and a net profit of 5.23 billion Hong Kong dollars, up 1 percent year on year.
Hong Kong's retail industry gears up transformation amid epidemic
In face of adversity, Hong Kong local retailers begin to seek breakthroughs in transformation.
Hong Kong to launch 3rd round of relief measures for virus-hit economy
Hong Kong will roll out the third round of relief measures to mitigate impacts of the continued COVID-19 epidemic on the economy.
Super-luxury hotels of Rosewood (Hong Kong) reach Sardinia
The oriental group has been selected by Quianto Capital Limited- property Investment Company of private equity- in order to manage the resort, which will be opened in 2022 in Porto Cervo. The hotel will be located 1.5 km (southbound) away from Porto Cervo city centre.
Interview: "One country, two systems" foundation for consolidating Hong Kong's status as int'l financial center: HKEX chief
The "one country, two systems" principle lays the foundation for consolidating Hong Kong's status as an international financial center, Chief Executive of Hong Kong Exchanges and Clearing Limited (HKEX) Charles Li has said.
JD.com starts trading in Hong Kong
JD.com started trading on the Hong Kong market Thursday as the third U.S.-listed Chinese mainland company that completed a secondary listing in Hong Kong.
Thailand still dominates in Hong Kong's fragrant rice market
MOC is trying hard to implement Deputy Prime Minister and Commerce Minister Jurin Laksanawisit's policy on maintaining and expanding overseas Thai rice markets.
China's central bank issues 30 bln yuan of bills in Hong Kong
China's central bank Thursday issued 30 billion yuan (about 4.23 billion U.S. dollars) of bills in Hong Kong.
News Analysis: Hong Kong's cloud economics grows amid COVID-19 epidemic
The COVID-19 pandemic has dealt a blow to the economy, leaving most shops in Hong Kong in peak hours at least half empty, if not deserted. Meanwhile, cloud economics has been flexing its muscles during the period, when social distancing is emphasized.
Hong Kong stocks plunge over 1,000 points amid concerns over COVID-19
Hong Kong stocks on Monday plunged 1,108 points amid lingering concerns over COVID-19 and its impact on the global economy.
Hong Kong's unemployment rate rises to 3.7 pct, highest over nine years
Hong Kong's unemployment rate increased to 3.7 percent, the highest level in more than nine years, in the period between December 2019 and February this year, with that of consumption- and tourism-related sectors reaching a 10-year high of 6.1 percent.
Hong Kong's exporter confidence further down amid COVID-19
The Hong Kong Trade Development Council (HKTDC) said on Tuesday that the export index of Hong Kong in the first quarter of 2020 fell to 16, down further 2.8 points from the previous quarter.
Hong Kong's total visitor arrivals in 2019 declines by 14.2 percent
Hong Kong's full-year provisional visitor arrivals in 2019 amounted to 55.9 million and recorded a year-on-year decrease of 14.2 percent, the Hong Kong Tourism Board (HKTB) announced Wednesday.
Hong Kong's trade drop narrows in November
Hong Kong's exports and imports continued to drop last month but in a much slower pace, official data showed on Monday.
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