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Month: December 2023

Posted on 30/12/2023

Hong Kong’s Commercial Property Market Faces Ongoing Challenges in 2024

According to JLL's newly released Year-End Property Market Review and 2024 Forecast, Hong Kong's commercial property leasing and investment markets experienced a slower-than-expected improvement in ...

Posted on 30/12/2023

Hong Kong exiled activist says he was paid by authorities to be informant

The former leader of a Hong Kong pro-independence group says he received up to HK$3,000 ($384) from security officers per meeting to become an informant when he was released from jail in June, before ...

Posted on 30/12/2023

After serving jail term, a Hong Kong pro-independence activist seeks asylum in UK

An activist who advocated for Hong Kong independence and was imprisoned under its sweeping national security law has fled to Britain to seek political asylum ...

Posted on 30/12/2023

A Hong Kong pro-independence activist seeks asylum in the UK after serving time over security law

Tony Chung was among the first convicted under the Beijing-imposed law that was introduced after the 2019 pro-democracy protests.

Posted on 30/12/2023

Pro-democracy activist Tony Chung claims asylum in London after fleeing Hong Kong

A 22-year-old pro-democracy student activist fled Hong Kong more than a week ago and claimed asylum in Britain to escape rigorous supervision requirements imposed by Beijing following his release from ...

Posted on 29/12/2023

Hong Kong deficit balloons to HK$164.1 billion for first 8 months of financial year

Government reveals financial figures for April to November period, with expenditure reaching HK$472.3 billion and revenue at HK$241.6 billion Economist Andy Kwan calls deficit alarming Hong Kong's ...

Posted on 29/12/2023

U.S. wants to contain China’s chip industry. This startup shows it won’t be easy

WASHINGTON–Last year, a veteran Silicon Valley software executive took the helm of a startup in his native China, company records show. The startup told potential investors it would sell microchip ...

Posted on 29/12/2023

After serving jail term over security law, a Hong Kong pro-independence activist seeks asylum in UK

An activist who advocated for Hong Kong independence and was jailed under its sweeping national security law has fled to Britain to seek political asylum

Posted on 29/12/2023

Hong Kong’s Hang Seng Index Drops for Fourth Straight Year

Hong Kong’s benchmark stock index has declined for four consecutive years, dealing another blow to the city's ambitions to regain its former stature. The Hang Seng Index fell 14% in 2023 to close at 17047.

Posted on 29/12/2023

Hong Kong Stocks Plunge to Losses for 4th Straight Year

a Japanese bank. “China’s weak economy clearly has weighed on the performance of Chinese stocks listed in Hong Kong,” Mr. Seth said. Image Hundreds of billions of dollars flowed out this year as money ...

Posted on 29/12/2023

How Hong Kong carbon-capture firm CS Tech will help construction industry lower its emissions

The firm is working to not only capture emissions on site from chimneys in Hong Kong, but also to permanently store carbon in construction materials, co-founder and CEO Dixon Chan says CS Tech's first ...

Posted on 29/12/2023

Forever Cheer picks Hong Kong as gateway for global launch of pain management drugs with an eye on US$88.2 billion market

Forever Cheer Holding picks Hong Kong as the gateway for worldwide expansion with an eye on the US$88.2 billion global chronic pain management market whose size is seen near doubling by 2033.

Posted on 29/12/2023

Pro-democracy activist Tony Chung flees Hong Kong to seek asylum in UK

One of Hong Kong 's youngest pro-democracy activists has fled the city and formally applied for political asylum in the UK after completing his jail term. Tony Chung, 22, breached a supervision order ...

Posted on 29/12/2023

‘Can you use the internet in Hong Kong?’ Japanese envoy on ‘negative narratives’ about city but he says his country’s firms are staying put

Japanese businesses in Hong Kong are still committed to the city despite battling relocation pressures and its “negative image” back home as they are betting on new opportunities in the Greater Bay ...

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