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Category: BUSINESS

Posted on 10/06/2025

Hong Kong backs start-ups at VivaTech in Paris amid push to promote city as ‘springboard’

Local start-ups from HKSTP and Cyberport will appear at the Hong Kong Tech Pavilion at VivaTech from June 11 to 14.

Posted on 09/06/2025

Hong Kong unveils HK$10B fund to push AI and robotics, bets on upstream R&D

Hong Kong Chief Executive John Lee on Thursday announced a HK$10 billion (US$1.28 billion) “New Industrialization Acceleration Scheme” aimed at steering ...

Posted on 09/06/2025

Midas List 2025: Asia’s Top Venture Capitalists Ride AI Wave As China Reclaims Tech Spotlight

The surging valuations of mega startups like ByteDance and Shein have put 15 investors from Asia on Forbes’ 24th annual Midas List, which ranks the world’s top venture capitalist.

Posted on 09/06/2025

Hong Kong’s stablecoin law opens floodgates for a boom in digital assets, brokers say

Investors are increasingly interested in stablecoins, which are digital tokens pegged to a reference asset like a fiat currency.

Posted on 09/06/2025

Hong Kong to maintain US dollar peg despite geopolitical tensions

SHANGHAI] Hong Kong will maintain its currency peg to the US dollar, the financial hub’s leader said in an interview published on Monday (Jun 9), despite escalating geopolitical tensions and some ...

Posted on 09/06/2025

National and commercial interests must go together, John Lee tells Hong Kong businesses

Chief executive outlines stance amid controversy over CK Hutchison's deal to sell overseas ports to consortium led by US investment giant BlackRock Hong Kong businesses must consider national ...

Posted on 09/06/2025

Hong Kong’s stablecoin law opens floodgates for a boom in digital assets

Investors are increasingly interested in stablecoins, which are digital tokens pegged to a reference asset like a fiat currency.

Posted on 09/06/2025

Hong Kong restaurant chain King Parrot Group suspected to have ceased all operations after 33 years in business

The unions said the group has only settled the outstanding salaries for May to June for affected employees, while other entitlements remain unaddressed.

Posted on 09/06/2025

John Lee keeps a level head in the face of multiple challenges in Hong Kong

Hong Kong leader is keeping his eye on the ball as economic uncertainties and geopolitical tensions rattle confidence around the world Economic volatility and geopolitical tensions are hurting ...

Posted on 09/06/2025

HSBC approaches former McKinsey boss Sneader on chair role – Sky News

However, Sky noted: "One insider suggested the circumstances of Mr Sneader's exit from McKinsey, as well as the fact he has little experience running or chairing London-listed businesses, could weigh ...

Posted on 08/06/2025

EU biodiesel tariffs offer Hong Kong a chance to boost adoption of green fuel

Biodiesel needs more financial incentives to compete with EVs in the city’s decarbonisation efforts, Business Environment Council says.

Posted on 08/06/2025

Why Guangdong-Hong Kong-Macao Greater Bay Area is a must-watch for global businesses

The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) mainland cities exceed expectations with rich cultural heritage, vibrant talent, scenic beauty and policy-supported industries, complemented by ...

Posted on 08/06/2025

‘Blessed’ – Snooker icon reveals new business venture after becoming third world champ to take residency in Hong Kong

SNOOKER star Neil Robertson has revealed he has taken up residency in Hong Kong. The 2010 world champion has been based in Cambridge with his Norwegian wife Mille and their two kids in recent ...

Posted on 08/06/2025

Hong Kong’s King Parrot Group closes 9 restaurants amid claims of nearly US$130K in unpaid wages

Hong Kong’s popular restaurant operator King Parrot Group has closed nine eateries, reportedly owing staff more than HKD1 million (US$127,000), having scaled down its operations in recent years.

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