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HK property sales up 15.8% in November

The Land Registry recorded 7,239 sale and purchase agreements for all building units received for registration in November, up 15.8% from October but 0.03% lower year-on-year.

HK employees' salaries seen rising 1.7% in 2022: poll

Salary earners in Hong Kong can expect a pay raise of 1.7 percent on average next year, slightly better than a 0.8 percent increase this year, according to a survey conducted among 438 HK companies in September.

HK retails sales up 12% under consumption voucher scheme

The value of total retail sales in October, provisionally estimated at $30.7 billion, rose 12% compared with the same month in 2020, the Census & Statistics Department announced Tuesday (Nov. 30).

Twitter co-founder Jack Dorsey steps down as CEO

Twitter Inc (TWTR.N) Chief Executive Officer Jack Dorsey is stepping down from his role and Chief Technology Officer Parag Agrawal will now lead the company, the social networking site announced on Monday (Nov. 29).

Nearly 60% of GBA enterprises intend to expand business to ASEAN countries in next 3 years

According to a research report jointly released by the United Overseas Bank (UOB) Hong Kong Branch and Hong Kong Trade Development Council (HKTDC) today (Nov. 29), nearly 60% of enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area will consider starting or further expanding their business to ASEAN countries over the next three years.

Liu Guangyuan: GBA development showcases vast opportunities

Officials called on Hong Kong-based business groups attending a high-level seminar Friday (Nov. 26) to tap into more opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area to share the dividends of the nation's development.

HK exports value up 21.4% in Oct

The value of Hong Kong's total goods exports increased to HK$418.3 billion in October, up 21.4% compared with the same month last year, the Census & Statistics Department announced Thursday (Nov. 25).

HK govt offers RMB5 bn offshore renminbi green bonds for 1st time

The Hong Kong government today (Nov. 24) announced the successful offering of RMB5 billion offshore renminbi green bonds under the Government Green Bond Programme.

NetEase music wing Cloud Village to launch Hong Kong IPO

The music streaming arm of China's internet technology company NetEase is planning to raise up to HK$3.52 billion ($453 million) in a Hong Kong initial public offering after shelving the deal earlier this year.

JD.com, NetEase to get HK liquidity boost from MSCI shift

MSCI Inc's decision to start tracking internet giants JD.com Inc and NetEase Inc via their Hong Kong shares rather than American Depositary Receipts may reinforce a gradual shift in liquidity away from the US for Chinese stocks.

Paul Chan: Govt to actively promote green development of financial services

Financial Secretary Paul Chan said in a blog post today (Nov. 21) that the government's earlier sale of a new batch of green bonds was well received by the market and the government is actively preparing for the issuance of retail green bonds.

Evergrande to be removed from Hang Seng China Enterprises Index

Debt-stricken developer China Evergrande Group will be removed from Hong Kong's Hang Seng China Enterprises Index, the benchmark provider said on Friday (Nov. 19) following its regular quarterly review.

40 major projects launched at Qianhai investment conference

Forty major projects, including 10 from Hong Kong, were launched at the 2021 Qianhai Investment Promotion Conference, held in Shenzhen on Friday, with total investment reaching 86.6 billion yuan ($13.55 billion).

Finance ministry sold 6 bn yuan worth of treasury bonds in HK

The Chinese finance ministry said it sold two-year, five-year and 10-year yuan-denominated government bonds worth a total of 6 billion yuan ($941.00 million) in Hong Kong on Wednesday (Nov. 17).

Survey: HK workers' salaries expected to rise 3.2% next year

Hong Kong employees are expected to see more substantial salary growth in 2022, as the Asia-Pacific region gradually emerges from the shadow of the COVID-19 pandemic and the economy continues to recover, ECA International said on Tuesday (Nov. 16).
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