Hong Kong stocks closed marginally higher on Thursday following gains on Wall Street.
The Hang Seng Index was up 0.1 percent, or 18 points, to 17,213.
Mainland markets were closed for a holiday. (AFP)
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In the last of a three-part series on Hong Kong’s ailing SME sector, Cannix Yau and Oscar Liu find some businesses making the best of desperate times to strike out in new directions, while others hope for more support to help them rise anew. Find the previous parts here. Dennis Lau Yat-hin, the third-generation owner
Despite a turbulent global market landscape, with recent interest rate cuts by the European Central Bank and mixed economic signals from China, Hong Kong’s small-cap sector remains a fertile ground for discerning investors. In this article, we explore three hidden gems in Hong Kong that exhibit strong fundamentals, making them attractive prospects amid the current
Banks in Hong Kong are doing a better job than expected at taking full responsibility and reimbursing lost funds after fraud events related to online banking or financial apps, according to a survey by financial technology company FIS. Some 53 per cent of the respondents said their banks assumed full responsibility and reimbursed all the
Hong Kong police have expanded a programme offering free trackers to children with special needs, following a rise in missing cases in one district of the city. Teachers and parents from special schools who joined the project said the tracking device could help prevent incidents of missing children and enable them to live independently, while
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A Hong Kong police officer fatally shot a knife-wielding man on Sunday when he allegedly ignored repeated warnings after attacking his wife and mother in North Point. It was later revealed the man had a history of schizophrenia. The High Court also heard a case this week of a schizophrenic outpatient who admitted killing his
Coldplay have announced they will hold three concerts at Hong Kong’s Kai Tak stadium in April next year, confirming earlier reports by the Post. The British rock band revealed on Thursday their 2025 concert tour dates in Asia, with the three Hong Kong shows set to take place on April 9, 11 and 12 at
Hong Kong’s privacy commissioner has warned jobseekers to stay vigilant against “blind” employment advertisements to avoid potential misuse of personal data, as the watchdog has launched investigations into five firms for posting suspicious want ads. Commissioner of Privacy Ada Chung Lai-ling urged residents to try ascertaining an employer’s identity when applying for jobs and refrain
A group of secondary school heads in Hong Kong has called on the government to drop the language requirements for university admission to “avoid placing too much focus” on the skills as authorities seek to promote institutions specialising in vocational training. The Hong Kong Association of the Heads of Secondary Schools on Thursday suggested only
A concern group has called for Hong Kong authorities to set up an electoral roll of local residents living in mainland China to pave the way for allowing them to vote from outside the city. The “Concern Group for Voting Convenience of Hong Kong People on the Mainland”, made up of lawmakers and Election Committee
Prosecutors have accused a former Hong Kong opposition lawmaker of inciting a riot to attack a group of white-shirted men wielding rods at a railway station during the 2019 social unrest, saying “it was fine” for the men to repel their attackers as they were “defending their homeland”. Senior public prosecutor Jasmine Ching Wai-ming told
Hong Kong’s oldest medical school has launched a clinical trials centre with a private hospital for the first time, as the pair join sforces to target cancer research and the city’s medical innovation hub ambitions. The University of Hong Kong’s Li Ka Shing Faculty of Medicine and Gleneagles Hospital launched the facility on Thursday, with
Hong Kong education authorities have expressed worries about pranksters renaming schools on Google Maps, which has led to the incorrect labels appearing on other apps such as Uber. The Education Bureau said on Thursday it had received reports from schools that their names had been altered on the popular map platform. “[We] learned that some
A rare coincidence happened in Hong Kong’ Mark Six lottery on Thursday evening as five out of the seven numbers drawn were exactly the same as that of the previous round. The numbers drawn on Thursday were 5, 18, 21, 24, 44 and 47, with the extra number being 20. Of the seven, five –
HDI Global SE Hong Kong, a subsidiary of industrial insurer HDI Global has appointed Michael Ahn as its Chief Executive Officer (CEO) effective November 1st, 2024. Simultaneously, Daniel Lau moves to a new role as Director, Asia Pacific Network. Both the appointments are subject to regulatory approvals. Ahn is an industry veteran with over 31
A toy giant is shutting down after about 75 years of business in Hong Kong and has offered up its products to other vendors, with residents mourning the closure and thanking the company for helping to create happy childhoods memorable. The closure of Oriental Trading Company Hong Kong Limited came to light in a social
Beijing’s IT minister has renewed support for Hong Kong to build a base for innovative industries and pledged to ramp up cooperation in advanced manufacturing as authorities signed a deal to develop the country’s “new productive forces”. The signing ceremony for the non-binding agreement was held in the capital on Thursday evening and attended by
Hong Kong’s top magistrate has called for “severe” penalties for offenders who commit sedition by fostering hatred towards the authorities, as he jailed two men for up to 14 months for displaying anti-government slogans in the first sentences passed under the domestic national security law. Chief Magistrate Victor So Wai-tak said on Thursday the Safeguarding
Gourmands in Hong Kong will be treated to a longer and greener Wine and Dine Festival this year, with event days stretching to five from four and no plastic cups provided following the city’s ban on single-use tableware of the material. Spearheaded by the Hong Kong Tourism Board, the festival will be held from October
The Hong Kong market has been experiencing a mix of volatility and resilience, with the Hang Seng Index recently giving up 0.43% amid weak inflation data from China. In this dynamic environment, identifying high-growth tech stocks becomes crucial for investors looking to capitalize on potential opportunities; companies like Plover Bay Technologies exemplify the innovative edge
