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Twinnie Siu

Hong Kong recession shows signs of slowing as China economy expands

8:17am EDT

HONG KONG Hong Kong's long recession showed signs of easing in the third quarter, with a gradual improvement in domestic and external demand from an improving Chinese economy, an easing of the COVID-19 outbreak and stronger financial market activity.

UPDATE 1-U.S. consulate in Hong Kong sells property for $331 mln

Sep 10 2020

HONG KONG, Sept 10 The United States consulate in Hong Kong has sold a property used as staff accommodation for HK$2.57 billion ($331 million) via a public tender, a price analysts said was in the low range of estimates.

UPDATE 1-Hong Kong July retail sales plunge as spending, tourism evaporate

Sep 01 2020

* July retail sales value slides 23.1% y/y, 18th month of decline

Hong Kong June retail sales plunge 24.8% as spending, tourism evaporate

Jul 30 2020

HONG KONG Hong Kong's retail sales plunged 24.8% in June from a year earlier, falling for the 17th consecutive month as the coronavirus pandemic slammed the brakes on tourism and spending in the city.

UPDATE 1-Hong Kong June retail sales plunge 24.8% as spending, tourism evaporate

Jul 30 2020

* June retail sales value drops 24.8% y/y, 17th month of decline

New virus outbreak dashes hopes for quick Hong Kong economic recovery

Jul 29 2020

HONG KONG Hong Kong's long recession showed some signs of easing in the second quarter as coronavirus restrictions were lifted, but a quick recovery is now in doubt as a fresh wave of infections prompt the government to impose tough new health measures.

Hong Kong to suspend all schools due to spike in coronavirus cases

Jul 10 2020

HONG KONG Hong Kong's Education Bureau on Friday announced the suspension of all schools from Monday after a sharp rise in locally transmitted coronavirus cases fuelled fears of renewed community spread.

Hong Kong May retail sales tumble as spending, tourism evaporate

Jun 30 2020

HONG KONG Hong Kong's retail sales in May slumped 32.8% from a year earlier, falling for the 16th consecutive month as the virus pandemic slammed the brakes on tourism and spending in the city.

Hong Kong passes China national anthem bill amid protests by democracy lawmakers

Jun 04 2020

HONG KONG Hong Kong passed a bill on Thursday that would criminalise disrespect of China's national anthem, a move critics see as the latest sign of Beijing's tightening grip on the semi-autonomous city. | Video

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