China has reported that its economy expanded at a 5% annual pace in 2024, slower than the year before but still hitting Beijing’s target of “around 5%” growth

Hong Kong should offer tax benefits to cross-border e-commerce platforms to attract such businesses and look at reviewing the civil service as ways to boost the economy, accounting firm Deloitte has suggested ahead of upcoming budget announcements.

Local companion’ services offer access to authentic experiences but industry players warn of consequences for those working illegally.

China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect Donald Trump, who takes office next week.

Concerts will be held at 50,000-seat Kai Tak Stadium on April 25 and 26, with ticket prices starting at HK$680.

The London Metal Exchange (LME) on Monday added Hong Kong as one of its global warehouse locations to meet growing demand for the physical exchange of metals between mainland China and the rest of the world,

The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that authorities had detained its chief executive. A Shenzhen government task force has stepped in to oversee operations at the state-backed developer,

To promote business collaboration and bilateral cooperation between the Hong Kong Special Administrative Region (HKSAR) and Indonesia, Mr Paul Chan, Financial Secretary of the HKSAR, visited Indonesia from January 8 – 10.

The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stock markets

Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.

Household income and labor market conditions will be key to boosting consumer sentiment and spending. In 2024, the average year-end bonus of Chinese employers reportedly decreased by around 30% vs. 2022. The pullback in wages reflected higher unemployment, potentially impacting consumption growth.