Cathay Pacific has hired 200 cadet pilots from mainland China, but union warns staffing levels still low. Photo: Jonathan Wong

Hong Kong flag carrier Cathay Pacific hires 200 cadet pilots from mainland China

Hong Kong Aircrew Officers Association says new hires not enough to get Cathay Pacific back to pre-pandemic service levels.

5 minutes ago

Hong Kong’s biggest banks roll out new cross-border wealth management products

HSBC, Standard Chartered and Hang Seng Bank are rolling out more products tied to the Wealth Management Connect scheme amid a drive by Beijing to boost the Greater Bay Area’s financial markets.

HSBC, Standard Chartered and Hang Seng Bank are rolling out more products tied to the Wealth Management Connect scheme amid a drive by Beijing to boost the Greater Bay Area’s financial markets.

5 hours ago

Hong Kong’s ‘two systems’ principle to be kept in long run: top Beijing official

Hong Kong’s proposed domestic security law also discussed in meeting between Beijing’s point man for local affairs Xia Baolong and business lobbies.

Hong Kong’s proposed domestic security law also discussed in meeting between Beijing’s point man for local affairs Xia Baolong and business lobbies.

27 minutes ago

‘More mainland Chinese cities may join Hong Kong solo traveller scheme’

Industry leader Simon Wong reveals city of Harbin tipped to join next round of expanded scheme, after last week’s meeting with Beijing’s top man on Hong Kong affairs.

Industry leader Simon Wong reveals city of Harbin tipped to join next round of expanded scheme, after last week’s meeting with Beijing’s top man on Hong Kong affairs.

2 hours ago

Hong Kong’s rainy day Future Fund now makes up biggest share of city’s reserves

Structural change in fiscal reserves suggests government more likely to dip into Future Fund earlier than expected, economists say.

Structural change in fiscal reserves suggests government more likely to dip into Future Fund earlier than expected, economists say.

26 Feb 2024 - 1:13PM

MORE STORIES

A prototype green classification framework will be applicable to four Hong Kong sectors: electricity and power generation, transport, water supply and waste management and construction, Chan says. Photo: May Tse

Hong Kong prepares transition taxonomy to boost green finance hub ambitions

The Hong Kong Monetary Authority is preparing a transition finance framework to classify whether activities can help carbon-intensive firms reach net-zero emissions, to support the development of the city as an international green and sustainable finance hub.

26 Feb 2024 - 7:30AM

What letter on a car number plate is worth more than HK$20 million in Hong Kong?

One bearing only letter “D” sells for HK$20.2 million, third-highest price paid for vehicle plate in city.

One bearing only letter “D” sells for HK$20.2 million, third-highest price paid for vehicle plate in city.

6 hours ago

Hong Kong travel agency shuts, blames Covid-19 impact and impostor scams

Travel Industry Authority says calls about collapsed New Star Travel involve a total of HK$360,000.

Travel Industry Authority says calls about collapsed New Star Travel involve a total of HK$360,000.

25 Feb 2024 - 11:09PM

Explainer | What is the newly expanded solo traveller scheme and how will Hong Kong benefit?

First change to scheme since 2007 is part of efforts to revive tourism, but analysts caution over setting high expectations of swift economic impact.

First change to scheme since 2007 is part of efforts to revive tourism, but analysts caution over setting high expectations of swift economic impact.

25 Feb 2024 - 7:28PM

As public spending outgrows revenue, should Hong Kong review where the money goes?

As total expenditure balloons to HK$760 billion, government urged to take a more targeted approach to spending and stop dishing out universal sweeteners.

As total expenditure balloons to HK$760 billion, government urged to take a more targeted approach to spending and stop dishing out universal sweeteners.

25 Feb 2024 - 8:54AM

‘Hong Kong should cut property cooling measures gradually, not all at once’

Authorities urged to refrain from scrapping stamp duties in one go to avoid triggering real estate market volatility, in contrast to views from top political parties.

Authorities urged to refrain from scrapping stamp duties in one go to avoid triggering real estate market volatility, in contrast to views from top political parties.

24 Feb 2024 - 5:42PM

Chinese firms among hundreds sanctioned by US for aiding Russia in Ukraine war

Seventeen companies in mainland China or Hong Kong are named among more than 500 Russia-related sanctions; White House says they also aim to hold Moscow accountable for death of Alexei Navalny.

Seventeen companies in mainland China or Hong Kong are named among more than 500 Russia-related sanctions; White House says they also aim to hold Moscow accountable for death of Alexei Navalny.

24 Feb 2024 - 9:30AM

Christian Dior postpones mega event fashion show in Hong Kong

Source familiar with company says management of French luxury brand decided to postpone event in face of China’s economic uncertainties.

Source familiar with company says management of French luxury brand decided to postpone event in face of China’s economic uncertainties.

24 Feb 2024 - 7:22PM

Hong Kong vows to regulate stablecoins, over-the-counter crypto shops

The government will submit a bill on licensing rules for stablecoin issuers and OTC trading services to the legislature ‘as soon as practicable’, says the city’s financial affairs chief.

The government will submit a bill on licensing rules for stablecoin issuers and OTC trading services to the legislature ‘as soon as practicable’, says the city’s financial affairs chief.

23 Feb 2024 - 6:30PM

Whirlwind romance? Hong Kong’s ‘Chubby Hearts’ takes second break over weather

Heart-shaped balloon first taken down last Saturday as wind speeds in Central exceeded installation’s maximum limit.

Heart-shaped balloon first taken down last Saturday as wind speeds in Central exceeded installation’s maximum limit.

23 Feb 2024 - 6:54PM

Hong Kong leader welcomes move to expand solo traveller scheme to Xian, Qingdao

Residents from the two mainland Chinese cities can apply for travel endorsement from March 6, according to Beijing authorities.

Residents from the two mainland Chinese cities can apply for travel endorsement from March 6, according to Beijing authorities.

23 Feb 2024 - 7:30PM

Hong Kong government urged to expand types of MICE events it promotes abroad

Industry leader Stuart Bailey shares optimistic outlook for MICE sector, but says challenges such as shortages in labour and flight capacity remain.

Industry leader Stuart Bailey shares optimistic outlook for MICE sector, but says challenges such as shortages in labour and flight capacity remain.

23 Feb 2024 - 6:37PM

Professionals recruited under Hong Kong talent scheme earning HK$50,000 a month

City leader also says Top Talent Pass Scheme estimated to have added HK$34 billion to economy, equal to 1.2 per cent of GDP.

City leader also says Top Talent Pass Scheme estimated to have added HK$34 billion to economy, equal to 1.2 per cent of GDP.

22 Feb 2024 - 10:52PM

Developer Sunshine 100 is studying impact of liquidation order against top shareholder

Embattled mainland Chinese property developer Sunshine 100 is evaluating the impact of a winding-up order against its controlling shareholder, Joywise Holdings, according to a filing with the Hong Kong exchange.

Embattled mainland Chinese property developer Sunshine 100 is evaluating the impact of a winding-up order against its controlling shareholder, Joywise Holdings, according to a filing with the Hong Kong exchange.

22 Feb 2024 - 7:30PM

Hong Kong banks repossess 100 minibuses due to overdue payments: operators

About 100 minibuses towed away over past three years as banks take actions against owners unable to pay instalments, operator says.

About 100 minibuses towed away over past three years as banks take actions against owners unable to pay instalments, operator says.

22 Feb 2024 - 10:43PM