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Category: BUSINESS

Posted on 22/10/2024

Hong Kong help sought to create financial hub

Thailand is seeking a partnership with Hong Kong to collaborate in the development of a financial hub that will serve as a gateway to Asean markets.

Posted on 22/10/2024

CITIC to Sell Stake in McDonald’s China, Hong Kong Business for $430.3 Million

(Reuters) - China's state-owned CITIC Ltd has agreed to sell its 19.23% stake in Fast Food Holdings, the company behind McDonald's China and Hong Kong operations, to Trustar Fast Food Holdings for ...

Posted on 22/10/2024

Hong Kong holds off sweeping privacy law revamp over concerns of impact on businesses

Privacy watchdog says stakeholders feel stiffer penalties over data breaches ‘should be done carefully amid lukewarm economic climate’.

Posted on 21/10/2024

Alibaba start-up competition: Hong Kong officials tout city as ideal launch pad

Speakers at the Jumpstarter Ignition Gala highlighted the city’s advantageous position between mainland China and the larger Asia-Pacific market.

Posted on 21/10/2024

‘Business will be severely impacted’: Hong Kong flower market concern group speaks out against redevelopment

Local residents and business owners in the Flower Market have come together to oppose the controversial plans.

Posted on 21/10/2024

Hong Kong can dig deeper into policy toolbox to revive property market: analysts

Robust home sales from first post-stimulus weekend suggest recent tweaks are beginning to inject confidence in the market.

Posted on 20/10/2024

Hong Kong IPOs to underpin blockbuster week in Asia as ‘animal spirits’ return

China Resources Beverage and Horizon Robotics are set to make their trading debut in Hong Kong on Wednesday and Thursday, respectively.

Posted on 20/10/2024

Hong Kong to seek HK$30 billion to start building San Tin Technopole amid judicial challenge

Authorities have also sought to open bidding for the first of three land parcels within the Northern Metropolis next year, minister says Hong Kong authorities will seek about HK$30 billion (US$3.86 ...

Posted on 19/10/2024

Hong Kong to quicken IPO vetting process to boost city’s allure as fundraising venue

New time frame for processing IPO applications will add clarity and transparency, and potentially save costs for candidates, experts say.

Posted on 18/10/2024

Hong Kong Pledges to Shrink IPO Vetting to About 100 Days

Hong Kong pledged to vet and debut companies in about 100 days in a bid to guarantee a set time frame for initial public offering applicants.

Posted on 18/10/2024

Hong Kong stocks halt 4-day decline as lacklustre GDP data fuels hope of more stimulus

Investors anticipate increased government spending and bond issuances to achieve the 5 per cent growth target.

Posted on 18/10/2024

Hong Kong banks pledge US$47 billion in SME loans after John Lee hears cries for help

SMEs will be able to access necessary financing to cope with the city’s evolving business environment, deputy HKMA CEO Arthur Yuen says.

Posted on 18/10/2024

Hong Kong cuts liquor tax in an effort to reignite its nightlife industry

Hong Kong’s leader has announced a cut in liquor taxes as the Asian financial hub hopes to revive its reputation as a travel destination with a vibrant nightlife and dining scene ...

Posted on 18/10/2024

Woman jailed for 17 weeks for using fake papers to get Hong Kong student visa

Lawyer says defendant’s mother hired agency to handle application as she wanted her daughter to have a bright future.

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