Hong Kong police offered HK$1 million ($128,000) rewards for information on five local dissidents residing overseas, doubling down on its controversial use of bounties to chase after pro-democracy ...
Chinese AI startup 01.AI looks to raise $200 mln -sources
Beijing-based AI startup 01.AI is raising up to $200 million in fresh capital, two sources familiar with the matter said, building on a valuation of $1 billion reached last month on the back of ...
Chinese AI startup 01.AI looks to raise $200 million -sources
Beijing-based AI startup 01.AI is raising up to $200 million in fresh capital, two sources familiar with the matter said, building on a valuation of $1 billion reached last month on the back of ...
HK$20 million in dining vouchers not enough to beat Hong Kong restaurant business blues, industry leader says
Authorities earlier announced they would distribute dining vouchers valued at HK$100 each to 200,000 Hongkongers Lawmaker Simon Wong says city needs to bring in more mainland Chinese visitors to boost ...
I’ve spent the past decade tutoring old money families in Hong Kong. There are 3 things I’ve learned about the world of big money in Asia.
For the ultra-rich, private tutoring is about ensuring that the curse of "one generation to make it, and one generation to spend it," doesn't come to pass, says Jerome Barty-Taylor.
‘Biggest shake-up’: Hong Kong’s corporate governance ranking slumps on concerns of slipping market quality
Hong Kong’s ranking fell to sixth place from second in the biennial CG Watch report, with the stock market’s reputation for quality undermined by weighted voting rights, expansion of secondary listings and other issues.
SHINee announces concerts in Hong Kong and Singapore in 2024
K-pop powerhouse SHINee will be holding concerts in Hong Kong and Singapore as a part of their 'Perfect Illumination’ world tour.
Hong Kong central bank leaves interest rate unchanged, tracks Fed
The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S. Federal Reserve that kept rates ...
HK Corporate Governance Tumbles to Decades Low
Hong Kong’s corporate governance ranking in Asia tumbled to the lowest level in decades, falling behind those of Japan and Singapore, amid concerns about the deterioration of minority shareholder ...
Hong Kong keeps base rate steady at 5.75% as Fed holds fire before holidays in 2023’s final meeting
The Hong Kong Monetary Authority (HKMA) maintained its base rate at 5.75 per cent on Thursday Analysts believe the Fed has reached its peak rate level, but the US central bank is unlikely to lower ...
Hong Kong’s universities shrivel in Beijing’s grip
Academics are leaving a city which at one time attracted top talent for its world-class universities.
Hong Kong’s Residential Property Market Faces More Challenges in 2024
According to global property consultant JLL, Hong Kong's residential market turned more sluggish in the second half of 2023 as buyers are cautious amid rising interest rates and the challenging ...
Hong Kong’s Ocean Park posts HK$118.5 million surplus after years of running deficits
Park chairman Paulo Pong attributes better performance to reopening of city’s borders and company’s strategies.
Global slowdown, geopolitics biggest concerns for Hong Kong firms in year ahead, chamber survey finds
Hong Kong General Chamber of Commerce survey finds two in three firms expect their turnover to remain unchanged or to decline in 2024.