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Month: November 2024

Posted on 13/11/2024

Hong Kong can woo South American companies with sourcing expertise, tech support: experts

City leader departs for Peru to join Apec summit, says there is ‘significant room’ for Hong Kong and South America to develop trade ties.

Posted on 13/11/2024

Mainland China tech giant Baidu applies to launch autonomous vehicle trials in Hong Kong

Baidu, which operates driverless taxis across the border in Wuhan, wants to test autonomous vehicles at Hong Kong airport.

Posted on 13/11/2024

Mark Rothko Ukraine Flag Painting Takes 30% Dive In Hong Kong

Untitled (Yellow and Blue) by Mark Rothko has sold at Sotheby's in Hong Kong for 30% less than previously auctioned amid a slowdown in the art

Posted on 13/11/2024

Hong Kong urged to deepen bay area ties, help region’s enterprises with global expansion

Recent bay area trade show that drew 2.26 trillion yuan in investments is a sign of revived investor confidence, observers say.

Posted on 13/11/2024

Hong Kong’s leader warns Trump not to interfere after he says he would ‘100%’ free jailed tycoon

Hong Kong’s top leader on Tuesday warned President-elect Donald Trump not to interfere in the Chinese territory’s internal affairs after he said he would “100%” free the imprisoned pro-democracy ...

Posted on 13/11/2024

Hong Kong authorities arrest 13 unlicensed hawkers for illegal sale of food

Vendors sold products such as sushi, bread and canned products that had expired or were from unknown sources, authorities say.

Posted on 13/11/2024

Financial professionals flock to Hong Kong as its hub status shines

The Hong Kong Special Administrative Region (HKSAR), as an international financial hub, saw its licensed finance jobs hit a record in October. Experts noted on Tuesday that Hong Kong's financial ...

Posted on 13/11/2024

Chinese foreign ministry’s arm in Hong Kong hits out after UK official meets Jimmy Lai son

Ministry's office in Hong Kong lashes out after meeting between British Foreign Secretary David Lammy and Sebastien Lai in London last week The Chinese foreign ministry's arm in Hong Kong has slammed "hypocritical" British politicians,

Posted on 13/11/2024

Hong Kong policeman jailed for 6 months and fined for drink-driving after high-speed chase

A Hong Kong police officer has been jailed for six months and fined HK$15,500 (US$2,000) for driving colleagues to work without a licence on five occasions, before he was arrested on a sixth for drink-driving. Constable Keung Kei-kit, 26, was arrested and ...

Posted on 12/11/2024

The Tracker Fund of Hong Kong Celebrates 25 Years of Strong Growth and Global Expansion

Assets Under Management Quadruple Since Inception with Footprint Expanded to the mainland, Thailand and the Middle East ...

Posted on 12/11/2024

17 companies sign deal in gov’t push to boost Hong Kong’s tech sector, including one under US sanctions

Seventeen companies have signed a deal to set up or expand operations in Hong Kong amid the government’s push to boost the tech sector, including iFLYTEK, a Chinese artificial intelligence giant which ...

Posted on 12/11/2024

Tracker Fund completes 25 years as Hong Kong lays foundation for thriving ETF market

The Tracker Fund, Hong Kong's biggest and most popular exchange-traded fund (ETF) with HK$149.9 billion (US$19.3 billion) of assets, celebrated its 25th anniversary this week. While assets have ...

Posted on 12/11/2024

HSBC HOLDINGS Buys back ~6.53M Shrs for HKD468M in Total Last Fri

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 6.5253 million shares of the company in the UK and Hong Kong markets last Friday (1st) for a total of HKD468 m... HSBC HOLDINGS ...

Posted on 12/11/2024

Hong Kong’s Tycoons Are Selling Trophy Homes at Fire Sale Prices

China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales. Frank Gehry ...

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