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Posted on 07/09/2024

What led to Hong Kong’s Physical gym chain closure and how clients can protect themselves

The Post breaks down the gym's financial woes and what safeguards are available to its members Hong Kong gym chain Physical announced on Friday that it would shut down after 38 years in business, ...

Posted on 07/09/2024

Hong Kong’s ambitions as sports events hub discussed at summit – as it happened

The Post is hosting the inaugural Hong Kong Sports Economy and Tourism Summit today, looking at global trends and the challenges ahead.

Posted on 07/09/2024

US warns American businesses about risks to Hong Kong operations

The United States on Friday warned American businesses about the risks to their operations in Hong Kong, saying many of them stemmed from a national security law that came into force in March.

Posted on 07/09/2024

Hong Kong can be greater than sum of its sporting parts, events experts tell forum

Finance chief Paul Chan tells Post forum that ‘shaping tourism with cultural activities and promoting culture through tourism’ critical to ensuring city attracts new visitors.

Posted on 06/09/2024

Super Typhoon Yagi: Hong Kong back in business after trees toppled, 9 hurt and flights axed

Hong Kong slowly returned to normality on Friday afternoon as Super Typhoon Yagi departed after strong winds and heavy rain led to more than 100 trees being toppled, nine people suffering injuries and ...

Posted on 06/09/2024

Former investment banking head of China’s Haitong securities arrested

HONG KONG (Reuters) - The former investment banking head of one of China's largest securities firms Haitong Securities has been arrested, the latest high-profile banker targeted during China's ...

Posted on 06/09/2024

JPMorgan names Kwang Kam Shing as its new Hong Kong CEO, replacing Harshika Patel

JPMorgan named Kwang Kam Shing as its new Hong Kong CEO, taking over for Harshika Patel, who will remain as head of the firm's Asia Private Bank. Kwang will report to Sjoerd Leenart, the Asia-Pacific ...

Posted on 06/09/2024

Hong Kong Class A Office Rents Continue to Downtick in Mid-Summer

According to JLL's latest Hong Kong Property Market Monitor report, vacancy rates of Grade A offices in Central and Hong Kong East improved in July 2024, but office rents continue to slip.

Posted on 06/09/2024

Wealth transfers to spur family offices’ growth in SG, HK

The two markets each manage $1.3t in offshore assets. Hong Kong and Singapore will benefit from increased wealth flows from global investors shifting their eyes to Asia in search of a safe haven for ...

Posted on 06/09/2024

Hong Kong gym chain Physical Fitness ‘temporarily’ shuts down after HK$3 million unpaid pensions payments

Hong Kong gym chain Physical Fitness has announced a “temporary closure” citing high rents, after pensions authorities warned of legal action against the fitness company over HK$3 million outstanding ...

Posted on 06/09/2024

Hong Kong billionaires tried to become majority holders in The Star but backed off after checks

The head of the NSW casino regulator revealed Chow Tai Fook Enterprises attempted to become a majority shareholder in The Star but backed off after learning the probity checks it would have to undergo ...

Posted on 06/09/2024

Salesforce Agrees to Buy Startup Own for $1.9 Billion

Salesforce Inc. said it was buying data protection and management solutions provider Own for $1.9 billion, the company’s second acquisition this week.Most Read from BloombergThe Outsized Cost of ...

Posted on 06/09/2024

Hong Kong’s Kai Tak Sports Park a cultural asset for promoting tourism: Paul Chan

Speaking at South China Morning Post summit on Friday, finance chief says sports should combine with business events to promote Hong Kong tourism.

Posted on 06/09/2024

Hong Kong Services Sector Set for Mainland Sustainability Windfall

Christina So, Head of ACCA Hong Kong and GBA Lead, said: "This study has delivered invaluable insights into the evolution of sustainable business practices in China, making it an essential reference ...

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