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Month: June 2023

Posted on 23/06/2023

Israeli firm Verobotics pushes use of AI-powered robots to ascend and clean Hong Kong’s skyscrapers, as city leader John Lee hails ‘promising’ tech

Verobotics expects to have more than 50 of its lightweight, AI-powered cleaning robots to be deployed in the city by the end of next year Sino Group is expected to become the first Hong Kong property ...

Posted on 23/06/2023

Evergrande’s former CEO puts Hong Kong home on market for $20.4 million

Xia stepped down from the embattled Chinese property developer in July after a probe found he was involved in diverting loans worth $2 billion secured by unit Evergrande Property Services.

Posted on 23/06/2023

SCMP Advertising+ and IAB HK study shows why every business needs a good story.

When it comes to building a brand, storytelling stands front and centre, driving resonance and recognition with customers. That was one of the key findings in a landmark study conducted by SCMP ...

Posted on 23/06/2023

Hong Kong’s Visa Regime – Applying to Visit, Work, Study, and Invest in Hong Kong

An introduction to the latest Hong Kong visa requirements for visitors, students, job seekers, investors, and entrepreneurs.

Posted on 23/06/2023

Hong Kong Stocks End Week With Another Loss

Hong Kong shares finished sharply lower Friday at the end of tough as traders fret over more central bank interest rate hikes as well as China's stuttering economic recovery.

Posted on 23/06/2023

Embodied AI Era Arrived – Ubtech Humanoid Robot Appears in Hong Kong

According to the McKinsey report, about 400 million jobs worldwide will ... gives full play to the manufacturing advantages of the Guangdong-Hong Kong-Macao Greater Bay Area, and carries out the large ...

Posted on 23/06/2023

Evergrande’s former CEO puts Hong Kong home on market for $27.6 million

Hui Ka Yan stepped down as CEO last year after a probe found he was involved in diverting loans worth US$2 billion. Read more at straitstimes.com.

Posted on 23/06/2023

Evergrande’s former CEO puts Hong Kong home on market for US$20.4m

China Evergrande Group's former CEO Xia Haijun is selling his home in Hong Kong for HK$160 million (RM95.6million), Hong Kong Economic Times ...

Posted on 23/06/2023

Hong Kong shares fall on Powell’s hawkish tone, set for worst week since March

Hong Kong stocks fell on Friday and were set for their sharpest weekly decline since March as hawkish comments by U.S. Federal Reserve Chair Jerome Powell dampened market sentiment.

Posted on 23/06/2023

Hong Kong stocks lead Asian markets lower with near 2% drop as central bank hikes rattle investors

Asian shares sank sharply Friday after several central banks around the world cranked interest rates higher in their fight against inflation.

Posted on 23/06/2023

Hong Kong police arrest 3 more suspects in connection with BYD vandalism attacks

Source familiar with case says three Hong Kong residents include alleged Wo Shing Wo triad leader known as ‘Temple Street Long’.

Posted on 23/06/2023

Hong Kong’s Cathay Pacific Forecasts First-half Profit

Hong Kong flag carrier Cathay Pacific on Friday predicted a return to profitability in the first half of 2023 as it benefits from rising travel demand following the relaxation of strict Covid ...

Posted on 23/06/2023

Hong Kong stocks slump in worst sell-off since mid-March as central banks tighten policy, China outlook worsens

March, undoing the rally in the three preceding weeks. Concerns about global inflation and China’s economic slowdown are sapping risk appetite.

Posted on 23/06/2023

Hong Kong’s Cathay Pacific expects to deliver profit for first half of 2023, helped by ‘strong rebound’, one-off gain from reducing Air China stake

Our cash flow has continued to improve,' chief customer and commercial officer says Group will log one-off gain, estimated to be HK$1.9 billion, after reducing its stake in Air China from 18.13 per cent to 16.26 per cent Hong Kong's Cathay Pacific Airways ...

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