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Category: BUSINESS

Posted on 17/02/2025

Hong Kong to enhance markets, gateway role in trade, officials pledge

City aims to capitalise on emerging trade corridors and be gateway to mainland China, say treasury and central bank chiefs.

Posted on 17/02/2025

Evergrande, HNA units ordered to liquidate by Hong Kong’s judge

UNITS of two high-profile Chinese companies received Hong Kong court orders to liquidate, the latest in a string of wind-up decisions in the city as creditors ramp up their legal efforts to recover ...

Posted on 17/02/2025

Hong Kong stocks rise on Goldman’s DeepSeek-led upgrade, Beijing tech meeting

Hong Kong stocks jumped on Monday towards a five-month high after Goldman Sachs raised its price targets for Chinese equities, betting that a faster adoption of artificial intelligence (AI) will ...

Posted on 17/02/2025

‘Superconnector’ Hong Kong can share mainland China expertise with Asean: CY Leung

Southeast Asia 2025, ex-city leader highlights potential for deeper economic cooperation between country and bloc.

Posted on 16/02/2025

As Hong Kong plans crackdown on tiny flats, operators are reluctant to maintain supply whilst tenants feel the squeeze

Hayson Chan, business development director of rental company Rent to Rent Innovation, expects about a quarter of his subdivided flats to be deemed illegal under an unprecedented crackdown on ...

Posted on 15/02/2025

Trump’s reciprocal tariff plan to hurt Hong Kong, mainland manufacturers: experts

Hong Kong and mainland Chinese manufacturers will be hit by Donald Trump's planned reciprocal tariffs on all imports given the difficulty of replacing the United States market with alternatives, but ...

Posted on 15/02/2025

AI giants Baidu, OpenAI offer their chatbots for free in response to DeepSeek’s advance

Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global developers following the surging popularity of startup DeepSeek’s models.

Posted on 15/02/2025

Gaorong Ventures invests $30M in the operator of Hong Kong’s biggest licensed crypto exchange

China’s crypto market is gaining traction. For the first time, Gaorong Ventures, a major Chinese investment firm, has put $30 million into HashKey Group, a company that runs Hong Kong’s largest approved crypto exchange.

Posted on 14/02/2025

DeepSeek’s disruption forces AI giants like Baidu, OpenAI to offer their chatbots for free

Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global developers following the surging popularity of startup DeepSeek’s models.

Posted on 14/02/2025

Chinese stocks in Hong Kong near October high fueled by DeepSeek optimism

The Hang Seng China Enterprises Index rose as much as 2.7%, moving closer to surpassing its October high. Tech heavyweights Xiaomi Corp, Tencent Holdings ...

Posted on 14/02/2025

China issues US$8.2 billion in bills in Hong Kong to stabilise yuan amid trade tensions

Move is the latest in a series by China’s central bank that support Hong Kong’s status as a global hub for offshore yuan business.

Posted on 14/02/2025

Hong Kong stocks head for fifth winning week on gradual tariffs, DeepSeek trade

A measured US approach to reciprocal tariffs assuages investors as DeepSeek mania continues to power tech stocks.

Posted on 13/02/2025

Online Travel Unicorn Klook Raises $100 Million To Fund AI Tools

The fresh capital brings online travel agency Klook's total funding to over $1 billion, as it doubles down an AI partnership with Google Cloud.

Posted on 13/02/2025

LEAP East to debut in Hong Kong in July 2026

LEAP East is poised to become a landmark event in the tech world, positioning Hong Kong as a central player in shaping the future of global innovation ...

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