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Month: June 2024

Posted on 27/06/2024

Hong Kong stocks turn edgy on geopolitics; tech gains after China okays more online games

Hong Kong stocks gains driven by the technology sector after China approves more online games and following Wall Street’s tech-led rally.

Posted on 27/06/2024

Hongkong Land unveils $1-B investment in heart of financial hub

Hongkong Land, which is 53.3 percent owned by Jardine Matheson, said it planned to invest $400 million in the project, with an additional $600 million coming from tenants.

Posted on 27/06/2024

China Market Update: Open AI’s Loss Is China AI’s Gain, Hong Kong Buyback Bonanza, Beijing Lifts Home Buying Restrictions

The Yen traded above 160 this morning for the first time since 1986. In addition to Nvidia helping Hong Kong and Mainland China growth stocks, there was news that OpenAI will limit access to Chinese users, which is a positive catalyst for local AI plays ...

Posted on 26/06/2024

Hongkong Land and Luxury Retail Tenants to Invest More than US$1 Billion (HK$7.8 Billion) in LANDMARK, Hong Kong

Hongkong Land; The Hon Michael WONG Wai-lun, GBS, JP, Deputy Financial Secretary of the Government of the Hong Kong Special Administrative Region; John Witt, Group Managing Director, Jardine Matheson; ...

Posted on 26/06/2024

Can clothes 3D – woven on demand curb fashion climate impact ? Hong Kong entrepreneur bet

Clothes custom-made to fit and on demand, with zero waste? Hong Kong-born entrepreneur Walden Lam talks about his solution to fashion’s climate problem – sustainable 3D weaving company Unspun.

Posted on 26/06/2024

Hongkong Land Set to Transform LANDMARK into Ultra-luxury Destination of Tomorrow in Central, Hong Kong

cementing Hong Kong’s status as a world-class premier destination for retail and business. (From left to right) Alexander Li, Chief Retail Officer, Commercial Property, Hong Kong & Macau, Hongkong ...

Posted on 26/06/2024

Singapore and Hong Kong are the most expensive cities for the ultra-rich to spend their millions

The ranking takes into account the costs of housing and childbirth costs as well as wealthy status symbols like jewelry, whiskey, and boarding school.

Posted on 26/06/2024

Hong Kong eyes DeFi and metaverse to boost fintech dominance

A recent HKIMR report highlights DeFi and metaverse technologies as crucial for expanding Hong Kong's fintech sector, revealing both opportunities and challenges.

Posted on 26/06/2024

Hong Kong police hunt for man who allegedly tried to kill wife, children after burning charcoal

Police are investigating whether man drugged wife, three daughters before starting charcoal fire, insider says.

Posted on 26/06/2024

Hong Kong Warns of Security Threat on Tiananmen Anniversary

Hong Kong’s leader stressed a need to safeguard national security on the 35th anniversary of the Tiananmen Square crackdown in Beijing, signaling the government’s intent to continue a ...

Posted on 26/06/2024

Chinese EV startup Hozon files paperwork to float on HK stock market

Chinese EV maker Hozon appoints CICC and Morgan Stanley for $1 billion Hong Kong IPO. Credit ... and Leapmotor. The 10-year-old EV startup delivered 300,000 cars to customers as of last September, ...

Posted on 26/06/2024

Hong Kong mall to get US$1b upgrade with help from Hermes, LVMH

“When we talked to them about future plans, we sensed that there is a general interest about investing in Hong Kong and Central to elevate their presence further” in the business district, Mr Kong ...

Posted on 26/06/2024

‘Segregated’ schooling is holding back Hong Kong’s potential

Instead of imposing Chinese language education as a barrier, the city must adopt inclusive reforms that allow minority students to thrive

Posted on 26/06/2024

Hong Kong’s Hang Seng Index opens 0.77 pct lower

HONG KONG, June 26 (Xinhua) -- Hong Kong's Hang Seng Index dipped 138.27 points, or 0.77 percent, to open at 17,934.63 on Wednesday.

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