-
Oct 3, 2023 | 
hongkongbusinessreporter.com | Shawna Kwan |Ka Ho Cheuk
WATCH: Bloomberg Originals explores how China’s real estate sector became such a mess and what the implications could be for the global economy.
-
Oct 3, 2023 | 
hongkongbusinessreporter.com | Shawna Kwan |Ka Ho Cheuk
Packed inside a small office in Hong Kong’s financial district, about 20 people wait for a property auction to start. The bidders — old women carrying grocery bags and middle-aged couples wearing t-shirts and sneakers — have come for a rare opportunity: The chance to buy a discounted home in a real estate market long known as one of the world’s most expensive. Of the 24 properties up for sale, the majority are foreclosed homes.
-
Oct 3, 2023 | 
bloomberg.com | Shawna Kwan |Ka Ho Cheuk
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg. Track your investments 24 hours a day, around the clock from around the world.
-
Aug 25, 2023 | 
news.nestia.com | Kari Lindberg |Ka Ho Cheuk |Danny Lee
Shoppers queue outside a LVHM Moet Hennessy Louis Vuitton SE store on Canton Road during Labor Day holiday in the Tsim Sha Tsui area of Hong Kong, China, on Monday, May 1, 2023. By Kari Lindberg, Ka Ho Cheuk and Danny Lee (Bloomberg) — Hong Kong has struggled to regain its appeal as a global retail paradise since the city reopened this year, underscoring the damage caused by years of isolation to its $360 billion economy.
-
Aug 24, 2023 | 
msn.com | Kari Lindberg |Ka Ho Cheuk |Danny Lee
(Bloomberg) -- Hong Kong has struggled to regain its appeal as a global retail paradise since the city reopened this year, underscoring the damage caused by years of isolation to its $360 billion economy. Tourists aren’t coming in the same numbers as they did before protests in 2019 and pandemic restrictions in the following years made Hong Kong a no-go zone. Visitor arrivals in June were 42% below the same month in 2018. The result is weak consumer spending.
-
Aug 24, 2023 | 
bloomberg.com | Kari Lindberg |Ka Ho Cheuk |Danny Lee
Tourism industry has yet to recover, retail sales remain lowChina’s slowdown, weaker currency is deterrent to spendingHong Kong has struggled to regain its appeal as a global retail paradise since the city reopened this year, underscoring the damage caused by years of isolation to its $360 billion economy. Tourists aren’t coming in the same numbers as they did before protests in 2019 and pandemic restrictions in the following years made Hong Kong a no-go zone.
-
Aug 23, 2023 | 
japantimes.co.jp | Ka Ho Cheuk |Kari Lindberg |Linda Lew
Hong Kong’s restaurants are reshaping their supply chains after the government banned seafood from parts of Japan, bringing the financial hub’s curbs more in line with Beijing despite scientific reassurances the products are safe to eat. The city will block purchases of seafood from 10 Japanese prefectures including Tokyo as the nation begins releasing treated wastewater from the wrecked Fukushima nuclear plant into the Pacific Ocean on Thursday.
-
Aug 23, 2023 | 
hongkongnewsnetwork.com | Ka Ho Cheuk |Kari Lindberg |Linda Lew
Hong Kong’s restaurants are reshaping their supply chains after the government banned seafood from parts of Japan, bringing the financial hub’s curbs more in line with Beijing despite scientific reassurances the products are safe to eat. Beijing said Thursday it would "comprehensively” suspend seafood imports from Japan in response to the start of the release of treated wastewater into the ocean from the wrecked Fukushima No. 1 nuclear power plant the same day.
-
Aug 23, 2023 | 
financialpost.com | Ka Ho Cheuk |Kari Lindberg |Linda Lew
Hong Kong’s restaurants are reshaping their supply chains after the government banned seafood from parts of Japan, bringing the financial hub’s curbs more in line with Beijing despite scientific reassurances the products are safe to eat.
-
Aug 23, 2023 | 
bloomberg.com | Ka Ho Cheuk |Kari Lindberg |Linda Lew
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg. Track your investments 24 hours a day, around the clock from around the world.
