Category: BUSINESS

Adrian Cheng, 44, said he resigned voluntarily to focus on public services after the Hong Kong property developer recorded its first annual loss in two decades.

Hong Kong property behemoth New World Development announced Thursday that its chief executive officer Adrian Cheng has been replaced, as the firm reported an annual loss of over US$2.5 billion. The ...

His resignation adds to questions over succession at the Cheng family conglomerate, whose business also spans from jewelry to logistics.

Hong Kong's New World Development suspended trading of its shares on Thursday pending an announcement, after reports that CEO Adrian Cheng - the third-generation scion of the firm's founding family - ...

Restaurant, F&B shutdowns kept third-quarter vacancy rate at the highest level since September 2020, Midland report says.

Hong Kong is battling to regain its coveted position of being a premier tourist destination for its nightlife after being hit by the Covid-19 pandemic. Its administration may announce tax cuts on liqu ...

Vivien Lau, newly appointed CEO of Hong Kong Business Aviation Centre, says it will offer more tailor-made services to cash in on market.

Hong Kong’s new risk-based capital regulatory framework is expected to strengthen enterprise risk management (ERM) practices among the (re)insurers doing business there, according to a new AM Best ...

The annual StartmeupHK Festival is set to return to Hong Kong on the 21-25 October, 2024, following its previous successes. Curated by Invest Hong Kong (InvestHK) and themed "A Future Unlimited", this ...

China’s central bank cut a short-term policy rate, bolstering the argument that lower US interest rates leave Beijing more room for easing.

Financial Secretary Paul Chan arrives in Madrid, Spain and begins his trip by leading a group of Hong Kong tech startups to visit the country's innovation organisation Spain Startup.

In recent months, significant regulatory developments have emerged from China and Hong Kong, particularly concerning AML law (anti-money laundering) and the burgeoning digital asset market. As both ...

Hong Kong court adjourns hearing until December 23 as developer plans parallel restructuring efforts in the city and the UK.

Some 3 million square feet of supply will hit the market next year, likely delaying any recovery in office rentals, analysts say.