Chief Secretary Eric Chan, city’s No 2 official, hails memorandum signed with Macau and nine mainland cities, stressing importance of synergy on talent front.
Hong Kong Bar and Club Association chief hopes lucky draw launched on May 1 can increase business by 10 to 20 per cent.
MTR Corporation says service suspension will span Prince Edward, Mong Kok, Yau Ma Tei and Ho Man Tin stations, with works limited to 28 hours.
Legco panel hears that Covid-19 crisis caused ‘significant’ increases in the amount of debt linked to airport project.
Secretary for Security Chris Tang highlights centralised digital image platform is a ‘closed-loop system’ equipped with ‘strong anti-hacking capacities’.
Tourism Board says 1,000 drones will create images of bun towers and flower boards along Wan Chai Harbourfront at 8pm on Saturday.
Wang Xiaoping, country’s labour minister, says Beijing will also support drive for Hong Kong to become a more entrepreneur-friendly environment.
Current blueprint lacks proposals on how related sectors such as aviation, hotels, transport operators, caterers and retailers can work together, lawmaker Perry Yiu says.
The mixed-use project, close to Fanling and Sheung Shui, will include a residential component with some 2,000 flats. It will cover 150,000 sq ft and will have a total buildable floor area of over 1 million sq ft.
A new data-verification platform will test Beijing’s plan to keep watch on cross-border data flows without disrupting normal business operations.
Financial Secretary Paul Chan says government will continue to work hard to attract more tourists to city, despite apparent trend towards commuter visitors.
More than half of middle-income households in Hong Kong believe house prices are poised to rally now that all of the restrictions in the market have been scrapped, according to a survey by Citibank.
Hong Kong will roll out the red carpet to hundreds of top global bankers and finance executives in November for a high-level financial conference to be hosted by the Hong Kong Monetary Authority.
Hong Kong’s Exchange Fund, the war chest used to defend the local currency, continued its comeback in the first quarter, posting a return of HK$54.3 billion (US$7 billion) as rising overseas stock markets offset losses in domestic equities.
The HKMA plans to replace the term ‘virtual bank’ with ‘licensed digital bank’ in reference to the city’s eight branchless lenders to remove negative connotations associated with the term in Chinese.
Mainland Chinese buyers account for anywhere from 30 per cent up to 80 per cent of the sales in some recent launches, agents say, raising hopes that their buying power will bring price stability to the market.
One mainland couple opted to stay in Futian on ‘golden week’ break and commute daily across the border to Hong Kong to save cash.
Possibility of higher-for-longer interest rate regime in US may hurt city’s exports, inbound investment and capital markets, Chan says.
Tourism minister Kevin Yeung says about 670,000 mainlanders came to city over first four days of Labour Day break.
Minister Chris Sun says mechanism will not affect city’s competitiveness because composition of formula both protects vulnerable and ensures affordability.
Simon Wong, president of Hong Kong Federation of Restaurants and Related Trades, says visitor numbers below expectations compared with pre-pandemic levels.