Zhang, who is Chagee’s chief executive officer, joins a wave of Chinese people who have made fortunes as fresh tea chains explode in popularity. That includes the two brothers behind Mixue Group, a ...
Hong Kong banks to see biggest rise in bad loans in Asia-Pacific due to US tariffs: Fitch
The ongoing tariff war is expected to put additional pressure on banks in Hong Kong, which are already grappling with elevated non-performing loans due to a prolonged property sector slump, according ...
Photo shows Hong Kong police searching pro-democracy newspaper, not conglomerate
As Beijing criticised Hong Kong conglomerate CK Hutchison over a deal to sell two ports on the Panama Canal, social media users falsely claimed an image showed a search on the company's headquarters.
Hong Kong stops handling packages to and from US amid trade war
Hong Kong Post stops handling US packages amid trade war. U.S. imposes 120% tariffs on goods under $800. Prices of Shein, Temu, and AliExpress goods may rise.
‘Shameless and arrogant’: Beijing’s top man on Hong Kong affairs slams US tariffs
Xia Baolong calls US ‘the biggest sinister manipulator undermining human rights, freedom, the rule of law, prosperity and stability in Hong Kong’.
OMG Hong Kong and HSBC celebrate the bank’s 160th anniversary with Rube Goldberg campaign
In celebration of HSBC’s 160th anniversary, the bank, in collaboration with media partner Omnicom Media Group (OMG) Hong Kong and its creative and content division, Fuse, has launched a bespoke Rube ...
Hong Kong spent HK$823 million on its athletes in 2023-24. Here’s where it went
Hong Kong Sports Institute on Wednesday released a report detailing its budget and achievements in 2023-24, revealing that it spent HK$822.9 million on training athletes. The taxpayer-funded ...
Italian coffee pot maker Bialetti to be sold to Hong Kong’s NUO Capital
Bialetti, inventor of the octagonal moka coffee pot hailed as an icon of Italian industrial design, has reached a deal with NUO Capital which will see the business sold and delisted, the two companies ...
BOC Hong Kong downgraded to Neutral from Buy at Goldman Sachs
Goldman Sachs downgraded BOC Hong Kong (BHKLY) to Neutral from Buy with a price target of HK$29.50, down from HK$31.90. The firm lowered its ...
Hang Seng Bank promotes son of Hong Kong leader John Lee in China-unit reshuffle
The management changes in the bank’s mainland unit come at a critical time amid the US tariff campaign, a broker says.
Domestic worker sentenced to life in jail for murdering girlfriend in Hong Kong
High Court jury returns 6-1 guilty verdict for Bernie Macatangay Valencia, who repeatedly punched Ivy Villaluz Quiabang and caused brain damage.
Hong Kong AI-Powered Workplace Safety Software Startup Viact Raises $7.3 Million Round
Viact, a Hong Kong-based startup that uses artificial intelligence to monitor workplace safety at industrial facilities, has raised $7.3 million from investors including Singtel Innov8, the corporate ...
Chinese official says US tariff aims to ‘take away Hong Kong’s life’
One of China's top officials overseeing Hong Kong affairs, Xia Baolong, said on Tuesday that the United States' tariff war was "extremely shameless" and aims to "take away Hong Kong's life".
R3,000 ransom demanded for woman kidnapped in KwaZulu-Natal
Zine Mtshayisa, a 30-year-old woman, has allegedly been kidnapped in La Mercy, KZN, shortly after leaving work. Her captors demand a R3,000 ransom for her release.