In Focus

Hong Kong March PMI plunges to five-month low

The HSBC Hong Kong Purchasing Managers Index fell to 50.5 in March from 51.2 in February due to weak output growth and higher input costs. HSBC Holdings Plc said the reading remained above 50, indicating manufacturing activity continued to expand. A reading below 50 signals contraction.

Hong Kong March PMI plunges to five-month low

The HSBC Hong Kong Purchasing Managers Index fell to 50.5 in March from 51.2 in February due to weak output growth and higher input costs. HSBC Holdings Plc said the reading remained above 50, indicating manufacturing activity continued to expand. A reading below 50 signals contraction.

HKIT losing HK$5 million daily to strike

Losses to continue as talks with striking workers bogs down.

Hong Kong launches pilot waste recycling scheme

Will first be implemented in the Islands District with 16% of the population.

Hong Kong braces for NFC

Near Field Communication to boost payments by mobile phones.

Huge hospital fees increases begin April 1

To jump by over 40% for a number of major services.

Hong Kong to close trust loophole in property ownership

Will disallow non-permanent residents from exploiting loophole to own property.

More foreign professionals needed by Hong Kong

Engineers, architects and entertainers among jobs in demand as tourism booms.

Shanghai Greenland to foray into the US property market

Will IPO in Hong Kong this year as a prelude to expansion.

No human Novel Coronavirus in Hong Kong--yet

Government urges public not to spread or believe in rumors.

Charles Li says China to allow renminbi to float in five years

The CEO of Hong Kong Exchanges & Clearing Ltd also says China will open its markets further.

Leung to focus on speed and the quality of economic development

Said economic development necessary to address deep-seated livelihood issues in Hong Kong.

Airlines to join campaign against Novel Coronavirus

Hong Kong will step up preventive measures against deadly new disease.

There’s money to be made supporting Mainland enterprises

New China study sees this as an alternative to Hong Kong’s weak export markets.

Hong Kong should help in China’s development

Doing this will help boost Hong Kong’s economy, said Chief Executive CY Leung.