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Category: BUSINESS

Posted on 02/10/2024

Oil extends rally after Iran attack, Hong Kong resumes surge

Oil prices rose more than one percent Wednesday, extending the previous day's rally, and safe haven gold pushed towards a record high after Iran's missile attack on Israel ramped up fears about an ...

Posted on 02/10/2024

Hong Kong stocks rocket past 22,000 on China stimulus

Shares jumped more than 4 percent in Hong Kong on Wednesday to break the 22,000 mark for the first time since February last year as traders resumed a China stimulus-fueled rally following a one-day ...

Posted on 02/10/2024

Chinese stocks in Hong Kong jump with developers leading gains

HONG KONG – Chinese shares listed in Hong Kong jumped on Oct 2, extending a stimulus-induced euphoria as traders returned from a public holiday.

Posted on 02/10/2024

As expats exit Hong Kong and mainlanders enter, businesses and communities count the costs. How are they adapting?

From eateries and schools to yoga studios, the impact of an expat exodus in Hong Kong has been cutting across sectors. While some businesses have called it quits, others have managed to stay afloat, ...

Posted on 01/10/2024

Hong Kong restaurants get up to 15% National Day uptick in sales driven by deals, optimism

Many Hong Kong restaurants enjoyed a bump in business by as much as 15 per cent on Tuesday driven by National Day celebratory offers including discounts of up to 30 per cent at over 3,600 outlets.

Posted on 01/10/2024

Hong Kong power firm CLP appoints Swire Coca-Cola’s Suzanne Cheung to run environment function

Cheung was previously head of public affairs, communications and sustainability for the Coca-Cola brand in Hong Kong.

Posted on 01/10/2024

Saxo Closes Hong Kong Office, Citing Changing Landscape

Saxo Bank A/S, a trading platform, is closing its office in Hong Kong, citing a changed business landscape in the embattled financial hub. The decision was “difficult but necessary,” the Hellerup, ...

Posted on 01/10/2024

Hong Kong in ‘critical period of economic transformation’, John Lee says on National Day

We must adapt to our circumstances, continuously reform, recognise and seek change, break through bottlenecks, address shortcomings,' chief executive says Hong Kong is going through a "critical period ...

Posted on 30/09/2024

HongShan Joins $7.8 Million Funding Round Of Hong Kong Fintech Startup RD Technologies

The four-year-old startup was founded by Norman Chan, the former chief executive of the Hong Kong Monetary Authority and Standard Chartered Bank’s ex-Asia vice chairman.

Posted on 30/09/2024

DPC Dash Achieved Profitability with Double-Digit Revenue Growth Despite Industry Challenges

In the first half of 2024, the restaurant industry faced significant challenges due to shifting consumer preferences, changing spending habits and intensified competition. The increasing cost of goods ...

Posted on 30/09/2024

Deep Dive: Hong Kong NGO finds more than two-fifths of low-income residents battle food insecurity

Deep Dive delves into hot issues in Hong Kong and mainland China. Our easy-to-read articles provide context to grasp what’s happening, while our questions help you craft informed responses. Check ...

Posted on 29/09/2024

Spirit of Hong Kong Awards: feeding elderly for free while giving them jobs

Kenneth Choi has turned Gingko House into a flourishing catering business that aims to give older residents ‘sense of purpose and dignity’.

Posted on 29/09/2024

Hong Kong start-up flies in the face of food waste using insects to create compost

Social enterprise Japjap aims to use its innovative bio-recycling system to educate people about sustainable waste solutions.

Posted on 29/09/2024

UK, Spain keen to tap Hong Kong’s financial services to grow Asia presence, Paul Chan says

Finance chief Paul Chan says countries’ political and business sectors weighing how to leverage city’s advantages as he returns from Europe.

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