Finance minister says he will brief political and business leaders from around the world about Hong Kong’s strategies in various areas.

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,

Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.

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

Hong Kong deputy financial secretary Michael Wong and Nansha district party chief Liu Wei are among conference’s VIP speakers. Shenzhen residents have been able to apply for multi-entry permits ...

China's economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a new trade war with the United States and weak domestic demand could hurt confidence in a broader recovery this year.

China’s economy expanded by 5.4% in the last three months of 2024, the National Bureau of Statistics said on Friday.

China's central bank chief said on Monday the government will support moderately loose monetary policy to maintain ample liquidity as it tries to stimulate the economy and soften the impact of geopolitical uncertainties.

The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.

Hang Seng Bank, which is controlled by HSBC, has the highest LCR by far among major lenders, clocking in above 300 per cent. The lender has been hit hard by the city’s real estate slump, with impaired commercial real estate loans surging 12-fold in the first half of 2024, according to Bloomberg Intelligence.

HONG KONG (AP) — China's economy expanded at a 5% annual pace in 2024, achieving Beijing’s target of “around 5%” growth helped by strong exports and recent stimulus measures. In quarterly terms, the economy 5.4% in October-December, the government reported Friday.