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Hong Kong Exchange Fund's 2019 investment income rises to second-highest on record

10:23am GMT

HONG KONG Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$247.2 billion ($31.8 billion) in 2019, the second highest on record, the Hong Kong Monetary Authority (HKMA) said on Thursday.

CITIC to sell 22% stake in McDonald's China business to PE arm: sources

08 Jan 2020

HONG KONG/BEIJING/SHANGHAI CITIC Ltd , the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald's Corp's mainland China and Hong Kong business, which is likely to be bought by the group's private equity arm.

World welcomes 2020, but wildfires, protests, cast a pall over some celebrations

02 Jan 2020

SYDNEY/HONG KONG/LONDON The world celebrated the New Year on Wednesday with fireworks displays from Sydney to London, although celebrations were clouded by deadly wildfires in Australia, protests in Hong Kong and India and nuclear tensions with North Korea. | Video

Foreign experts quit Hong Kong police probe questioning its independence

11 Dec 2019

HONG KONG Foreign experts said they had quit advising a Hong Kong police watchdog on Wednesday due to doubts over its independence and ability to conduct an investigation into police conduct during months of anti-government protests.

Hong Kong gives protesters green light for big march on Sunday

05 Dec 2019

HONG KONG Hong Kong authorities granted protesters permission to march this weekend, organisers said on Thursday, giving the green light to a rally seen as a gauge of the pro-democracy movement's support following its sweeping victory in local elections.

Hong Kong October retail sales slump worst on record as protests take toll

02 Dec 2019

HONG KONG Hong Kong's retail sales in October fell by their steepest on record, as ongoing anti-government protests that have gripped the Chinese-ruled city for nearly six months scared off tourists and hit spending.

Protester emerges to urge Hong Kong police not to enter university

28 Nov 2019

HONG KONG Hong Kong police said they would enter Polytechnic University on Thursday after a two-week siege drove most protesters out, but just before midnight, a masked man emerged and asked them to halt their plan. | Video

Landslide democratic win puts pressure on leader of Chinese-ruled Hong Kong

26 Nov 2019

HONG KONG Hong Kong's leader said on Monday she would listen to public opinion after a landslide election victory by opponents of Chinese rule amid months of sometimes violent pro-democracy unrest. | Video

WRAPUP 2-Hong Kong condemns attack on justice secretary as protests paralyse city

15 Nov 2019

* Demonstrators block Cross-Harbour Tunnel, causing traffic chaos

Scores injured, one critical in chaotic weekend of Hong Kong protests

04 Nov 2019

HONG KONG Scores of people were injured in Hong Kong during a chaotic weekend of anti-government protests that left one man in a critical condition, authorities said on Monday, and China called for a tougher stance to end months of unrest. | Video

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