Hong Kong News
Labubu-doll craze drives Pop Mart share price over 190% higher YTD. Can this multibagger stock rally more?
Pop Mart shares surged nearly 200% in 2025, driven by strong demand for Labubu dolls. The company's net income rose 188% to 3.1 billion yuan in 2024, with sales exceeding analyst estimates. Analysts caution that a breach below 245 yuan may lead to a market correction.
3 min read11 Jun 2025Hong Kong’s taxi drivers are told to smile more
A courtesy campaign seeks to attract more tourists
3 min read14 May 2025Global markets: Hong Kong, Chinese stocks jump as US-China agree to cut tariffs, 90-day pause
The Hang Seng Index surged 3.34 percent, or 762.94 points, to 23,630.68.
2 min read12 May 2025How Beijing took control of Hong Kong’s financial hub—and left the West behind
The world’s pre-eminent East-meets-West investment hub has become more Chinese as international financial institutions, corporations, and expatriates retreat
1 min read14 Nov 2024China’s Midea moves ahead with Hong Kong’s likely biggest listing this year
Chinese appliance maker Midea Group has started taking orders from investors for an initial public offering to raise up to US$3.46 billion in Hong Kong.
1 min read9 Sep 2024Hong Kong to cut stock trade stamp duty to 0.1%, half home purchase tax to 7.5%
In his annual policy blueprint on Wednesday, Chief Executive John Lee said stamp duty would be halved to 7.5% from 15% for second home buyers and non-citizen buyers with immediate effect.
1 min read25 Oct 2023How to get a free flight to Hong Kong in 500,000 airline ticket giveaway
In a bid to attract visitors and boost its economy, Hong Kong will begin giving away 500,000 airline tickets from Wednesday for free to tourists
3 min read1 Mar 2023What explains the increase in abandoned pets in Hong Kong?
Hong Kong is experiencing an exodus of residents due to China's crackdown on dissent and strict Covid restrictions – and dogs are the unlikely victims
3 min read6 Sep 2022Hong Kong eases entry rules for vaccinated residents, tourists
Vaccinated visitors from countries now categorized as 'medium-risk - which includes the US and Canada- will be able to come to the city for the first time since the pandemic started
2 min read3 Aug 2021No Oscars or Ai Weiwei Tiananmen photo in Hong Kong
These decisions have prompted concerns that the national security law imposed by Beijing on Hong Kong will also be used to limit freedom of expression
2 min read30 Mar 2021Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared