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HK bourse finishes day trading 0.95 percent lower
Hong Kong shares closed 0.95 percent lower on Monday as the latest data from the United States failed to provide a clear picture on the health of the U.S. economy.
Hong Kong Tax Residence Rule Questioned
Following a question in Hong Kong’s Legislative Council, the Secretary for Financial Services and the Treasury, Professor K C Chan, has provided numbers for the Hong Kong residents caught by the 183-day income tax threshold for working or...
Hong Kong Braces for Job Cuts at Lenders
Hong Kong is bracing for more finance-sector job cuts as Western banks, many of which base their regional operations in this business hub, scale back their Asian expansion amid the fallout from Europe’s debt crisis and a generally weaker...
Hong Kong IPO market show signs of life
NEW China Life Insurance prepared to launch a $US3 billion Hong Kong-Shanghai listing after receiving cornerstone pledges for a quarter of the deal, while several of the region’s most prominent tycoons attended an investor presentation...
Hong Kong shares end 1.94% higher
Hong Kong shares closed 1.94 percent higher on Monday as Italy tapped a new prime minister, raising hopes the country will be able to see through key reforms to tackle its debilitating debt crisis.
Hong Kong shares close down 4.38%
Hong Kong shares have fallen 4.38 per cent to their lowest close in more than two years on new fears about the eurozone debt crisis after Greece said it would miss the deficit target set by the IMF and EU.
Hong Kong faces inflation fears
Hong Kong’s consumer prices rose for a third month after government subsidies for power and housing costs expired and as the city’s economic recovery encouraged consumer spending.
Prices climbed 0.5 percent in November from a year earlier,...
