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Month: November 2023

Posted on 08/11/2023

Hong Kong offers “potential returns” for money managers in technology, healthcare, green finance, Financial Secretary says

Hong Kong offers enormous investment opportunities for international money managers as the city positions itself as a hub for technologies, healthcare and green finance as well as a conduit for ...

Posted on 08/11/2023

Prince William’s Earthshot Prize: Hong Kong lithium battery start-up GRST wins US$1.2 million award

an eco-friendly lithium battery technology start-up based in Hong Kong, has been named one of five winners of this year's Earthshot Prize. The inventor of a water-based battery manufacturing and ...

Posted on 08/11/2023

From AS Watson to HSBC and Star Ferry, many of Hong Kong’s oldest businesses predated the Post

When the South China Morning Post made its first print run in November 1903, Hong Kong was already a bustling entrepot teeming with a vibrant business community AS Watson, founded in Guangzhou in 1828 ...

Posted on 08/11/2023

More Than 20 Report Burning Eyes After NFT Festival in Hong Kong

Bored Ape Yacht Club, the collective that hosted the three-day event, said it was investigating possible causes, including UV lights used at a party on Saturday night.

Posted on 08/11/2023

6 hopes and fears from Hong Kong’s workforce for employers to know

Two in four (44%) Hong Kong employees surveyed strongly believe that AI can help them to increase their productivity at work, as compared to their APAC (41%) and global (31%) counterparts. As 2023 ...

Posted on 08/11/2023

Hong Kong economy to grow by 3-4 per cent this year on slower-than-expected recovery in tourism and trade, finance chief warns

Financial Secretary Paul Chan says ongoing weakness in exports and fewer tourists in city have affected economy.

Posted on 08/11/2023

Four men rob Hong Kong jewellery dealer after crashing into his car on California expressway

A jewellery dealer from Hong Kong was robbed by a group of men in the US after they crashed their vehicle into his car, according to the California Highway Patrol. Four men in black ski masks driving ...

Posted on 08/11/2023

Thieves smash into car on the 10 Freeway and rob the driver, a jewelry dealer from Hong Kong

Thieves smashed into an Alfa Romeo on the freeway last month and robbed the driver, a jewelry dealer who left the U.S. the next day. No arrests have been made.

Posted on 08/11/2023

WuXi XDC eyes $470.5M IPO to fuel manufacturing expansions at home and abroad

WuXi XDC is planning to sell 178.45 million in shares in an upcoming Initial Public Offering (IPO) in a bid to rake in 3.68 billion Hong Kong dollars ($470.5 million), according to a prospectus filing (PDF). The stock is expected to start trading on the ...

Posted on 08/11/2023

Bankers sound alarm on more inflation, new financial crisis at Hong Kong summit

As more than 300 banking and investment executives gathered in Hong Kong to discuss “living with complexity” in the financial world, they ended up trading trepidations about an uncertain future. “My ...

Posted on 08/11/2023

Ex-UBS employee in Hong Kong jailed for 7 years for HK$14.7 million theft, money laundering amid Covid pandemic

A former UBS associate director in Hong Kong has been jailed for seven years for stealing HK$14.7 million (US$1.9 million) and laundering part of the illegal proceeds through the purchase of luxury ...

Posted on 08/11/2023

Hong Kong man dies, woman injured after motorbike crashes into flower bed

Driver, 23, killed after being flung from motorbike on Tam Kon Shan Road; passenger undergoing treatment at hospital for multiple injuries.

Posted on 07/11/2023

Hong Kong’s proximity to mainland China, ESG regulations put city in front to become green finance hub: fund managers

Hong Kong is a natural gateway to mainland China, where the funding needs to align businesses with ESG requirements are huge, Amundi's Valerie Baudson says; Hong Kong has mandator ...

Posted on 07/11/2023

Hong Kong economy to grow by 3-4% this year on slower-than-expected recovery in tourism and trade, finance chief warns

Financial Secretary Paul Chan says ongoing weakness in exports and fewer tourists in city have affected economy Chinese Vice-Premier He Lifeng tells high-powered summit that Hong Kong has Beijing's ...

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