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Category: BUSINESS

Posted on 18/02/2026

Billionaire Henry Cheng’s units agree settlement with Hong Kong regulator

The SFC says that the settlement is in the public interest and underscored the need to comply with takeover rules Read more at The Business Times.

Posted on 14/02/2026

Wealth Of Hong Kong’s 50 Richest On Forbes List Jumps 22% To Reach All-Time High Of US$366 Billion

The collective net worth of tycoons on the 2026 Forbes list of Hong Kong’s 50 Richest jumped 22% to an all-time high of US$366 billion from $301 billion last year.

Posted on 13/02/2026

Hong Kong sees 25% increase in family offices

HONG KONG's appeal as a world hub for asset and wealth management continues to strengthen, with the number of single-family offices in the special administrative region seeing robust growth in the ...

Posted on 13/02/2026

Only 5% of companies see AI improving profit, McKinsey China chairman tells Consensus

McKinsey’s Joe Ngai says 98% of companies are testing AI but only a small fraction see profit impact, as organizational inertia—not technology—remains the biggest bottleneck.

Posted on 13/02/2026

Hong Kong’s 5 richest billionaires own $141B, with most held by ‘big four’ tycoon families

The five richest billionaires in Hong Kong have a combined net worth of US$141.2 billion, of which over 80% is owned by the city’s “big four” tycoon families.

Posted on 12/02/2026

’70 percent of white-collar workers in HK use AI’

A survey carried out by management consultancy McKinsey suggests around 70 percent of white-collar employees in Hong ...

Posted on 12/02/2026

Hong Kong’s 50 Richest 2026: Stock Market Rally Lifts Tycoons’ Wealth To All-Time High; Li Ka-Shing Remains The Richest

Among the notable gainers is the Keswick family, whose net worth shot up by close to 90% to $4.6 billion. Shares of their storied Jardine Matheson Holdings got a lift from a series of M&A deals ...

Posted on 11/02/2026

Hong Kong executives trail employees in AI adoption: McKinsey

Just 14 per cent of Hong Kong executives use AI frequently, as companies face strategy, data and training barriers to wider adoption The majority of Hong Kong's white-collar workers are embracing ...

Posted on 11/02/2026

China’s AI startup Zhipu releases new flagship model GLM-5

Chinese AI startup Zhipu on Wednesday released GLM-5, calling it a "new flagship model for chat, coding and agentic tasks," its website showed.

Posted on 11/02/2026

Hong Kong continues to support local digital asset community growth, chief executive says

The government will continue to support a local crypto/Web3 agenda, Chief Executive John KC Lee said at Consensus.

Posted on 10/02/2026

Axera Semiconductor Shares Rise in Hong Kong Debut

Axera, which makes visual artificial intelligence inference chips for on-device computing and smart vehicles, raised 2.96 billion Hong Kong dollars, equivalent to US$378.7 million, in gross proceeds ...

Posted on 09/02/2026

Sentence for Hong Kong’s ex-publisher Jimmy Lai raises concerns as China defends it

The sentencing of Hong Kong’s onetime media magnate Jimmy Lai is raising concerns from foreign governments and rights groups ...

Posted on 09/02/2026

Reaction to Hong Kong tycoon Jimmy Lai’s 20-year sentence in security trial

Feb 9 (Reuters) - Hong Kong's most vocal China critic, media tycoon Jimmy Lai, was sentenced on Monday to 20 years in jail, ending the city's biggest national security case which drew international ...

Posted on 09/02/2026

Invest, belong, thrive: How Hong Kong’s new pathway opens doors for global investors

As the New CIES begins to take root, Hong Kong is positioning itself not just as a financial center, but as a place where global families can preserve their heritage, grow capital, and shape future ...

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