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Month: September 2023

Posted on 20/09/2023

S’pore ranked ‘world’s freest economy’ by think-tank as Hong Kong loses spot for 1st time since 1970

The Fraser Institute report said the Hong Kong's ranking is expected to fall even further in the following years. Read more at straitstimes.com.

Posted on 20/09/2023

“Think Business, Think Hong Kong” drives French businesses to tap Asian opportunities via Hong Kong

The Think Business, Think Hong Kong (TBTHK) mega promotion organised by the Hong Kong Trade Development Council (HKTDC) was held on 19 September in Paris, France.Think Business, Think Hong Kong  Paris organised by the HKTDC was held on 19 September at the Carrousel du Louvre in Paris,

Posted on 20/09/2023

Prince William’s Earthshot Prize: Hong Kong battery start-up GRST named one of 15 green innovation finalists worldwide

GRST, the second Hong Kong company nominated out of 45 finalists globally over three years, aims to improve the economics of recovering and reusing the materials in lithium-ion batteries.

Posted on 20/09/2023

Hong Kong loses edge as world’s freest economy, as think tank cites Beijing interference and waning rule of law

Hong Kong has lost its crown to Singapore in a global ranking of economic freedom released by a Canadian think tank on Tuesday. It said Beijing’s growing interference and eroding confidence in the city’s rule of law were reasons behind the decline,

Posted on 20/09/2023

Hong Kong loses pride of place in economic freedom league table to rival Singapore for first time, after 53 years at top

Hong Kong has been dethroned for the first time in 53 years as the world’s freest economy by rival Singapore in a Canadian think tank’s international league table because of what was said to be Beijing’s greater interference in city affairs – a view dismissed by the government.

Posted on 20/09/2023

Niche tech firms ride favorable policies on way to IPOs

The China Securities Regulatory Commission has said that the nation will temporarily slow the pace of IPOs and further regulate major shareholders' share reductions. Experts said the policy mix will ...

Posted on 20/09/2023

China says Britain’s plans to disrupt Hong Kong ‘doomed to fail’

China's foreign ministry in Hong Kong slammed a six month report on the financial hub by Britain, saying it ignored "good" societal conditions, a more stable business environment and instead supported ...

Posted on 20/09/2023

Hong Kong talent drive: as expats trickle in, wave of mainland Chinese sparks concern about city’s diversity, international status

Mainlanders made up more than nine in 10 of all approved to come under various talent schemes this year Foreigners arriving from UK, US and Australia from January to July comprised only a fifth of ...

Posted on 20/09/2023

‘People in UK poor but…’: China slams Britain for Hong Kong comments

Beijing imposed the sweeping law in 2020 after sometimes violent anti-government protests rocked the city in 2019.

Posted on 20/09/2023

HKSAR gov’t firmly rejects UK report on Hong Kong

The government of China Hong Kong Special Administrative Region HKSAR has strongly disapproved of and firmly rejected the grou ...

Posted on 20/09/2023

Spirit of Hong Kong Awards: how one student overcame difficult childhood to launch mental health NGO

After struggling through school, Michael Chan was admitted to Chinese University and launched Companion Hong Kong, which earned him a Spirit of Hong Kong nomination.

Posted on 20/09/2023

Hong Kong illegal structures: luxury-house owner in Redhill Peninsula scandal facing second prosecution for ignored orders on another home

Authorities will prosecute owner of Villa Cornwall on 85 Castle Peak Road in Tuen Mun over unauthorised blocks and additional roof installation Orders against earlier case were issued six years ago, ...

Posted on 20/09/2023

First batch of non-local doctors recruited overseas to start working in Hong Kong public hospitals this month

The first 10 non-local doctors recruited overseas will start working in Hong Kong’s public hospitals this month, officials have revealed, as the healthcare sector scrambles to ease labour shortages by tapping various sources. A separate scheme under ...

Posted on 20/09/2023

CNA Correspondent – Why Hong Kong’s record rainfall is not just about a once-in-a-lifetime flood

Hong Kong smashed a 140-year-old record when torrential rains drenched the city. At its height, 158mm fell in just one hour. As the clean-up happens, new problems have surfaced, that of illegal structures and slope safety.

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