Hong Kong is unlikely to make any major changes to Covid restrictions for inbound travelers before a banking summit next month, but is considering concessions including allowing attendees to leave the ... ( read original story ...)
Hong Kong leader aims to attract talent but vows further crackdown
John Lee pledges to enact anti-subversion law while emphasising need to alleviate brain drain ... ( read original story ...)
Hong Kong to allow 5 types of Big Tech firms to list as HKEX pushes ahead with latest reform to become tech fundraising hub
HKEX will create new listing regulations for pre-revenue Big Tech companies that have a valuation of at least HK$15 billion (US$1.9 billion) to raise capital. ( read original story ...)
Hong Kong exchange proposes looser IPO rules for tech companies as profit slumps
It also said it had launched a two-month consultation to make it easier for tech specialist companies to float in the market, hoping to revive falling listing revenue. Read more at straitstimes.com. ( read original story ...)
Burned-out young people in Hong Kong are escaping to a peaceful island
Craftsman Jesse Yu, 32, crosses on a ferry to Victoria Harbour, with the financial district seen in the background, in Hong Kong, China September 23, 2022. Newcomers drawn by an idyllic lifestyle and ... ( read original story ...)
John Lee’s policy statement promises could start exciting ‘new chapter’ for Hong Kong, but can he deliver?
Chief executive faces tough task of repairing city’s reputation but developments rather than words will be ultimate deciding factor ... ( read original story ...)
Chinese battery startup Hithium raises $278m to boost output
Chinese battery startup Hithium has raised over 2 billion yuan ($278 million) in a Series B funding round led by ABC International, the investment banking unit of the Agricultural Bank of China (ABC), ... ( read original story ...)
Hong Kong’s Stock Exchange Proposes Waiving Revenue Requirement for Some Tech IPOs
The move is an attempt to expand the number of potential initial public offerings in a market that has struggled this year. ( read original story ...)
Hong Kong launches 2-year effort to reverse local workforce declines
Hong Kong Chief Executive John Lee said Wednesday the city will spend $3.8 billion to draw more people and more business investment in the midst of a "brain drain" that has shrunk its workforce. ( read original story ...)
Hong Kong leader John Lee delivers his maiden policy address
Hong Kong's new leader John Lee delivered his maiden policy address annual policy address on Wednesday, mapping out his priorities for the former British colony which returned to Chinese rule in 1997. ( read original story ...)
Hong Kong’s leader vows to roll out special visas for graduates from top universities and people who make more than $300,000 a year
The news comes after 110,000 people left Hong Kong from mid-2021 to mid-2022 amid strict COVID-19 containment measures. ( read original story ...)
Hong Kong stocks fall 2%, leading losses in mixed Asia trade after John Lee’s speech
Shares in the Asia-Pacific were mixed on Wednesday following a second day of gains in major U.S. indexes. The Hang Seng index in Hong Kong fell around 2.38% to 16,511.28, with the Hang Seng Tech index ... ( read original story ...)
Hong Kong launches $3.8bn package to lure back international business
Hong Kong has launched a HK$30bn (US$3.8bn) fund alongside a package of measures to attract international businesses back to the city after strict coronavirus pandemic controls and a security ... ( read original story ...)
Hong Kong’s Plan to Reverse Expat Exodus Disappoints Investors
Hong Kong Chief Executive John Lee’s long-awaited plan to woo back foreign talent and ease housing woes fell flat with investors, underscoring the challenge facing the financial hub as it tries to ... ( read original story ...)