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Category: BUSINESS

Posted on 23/08/2024

A startup wants travelers to live on a cruise ship for 3 years. See what the $181,790 global voyage promises.

GlobeCruises wants to launch a three-year global cruise to 413 ports in April 2025. Its CEO and COO formerly worked for the now-defunct Life at Sea.

Posted on 23/08/2024

Vendors at Hong Kong computer fair uncertain HK$1 entry will click with mainland visitors

Some vendors at Hong Kong Computer and Communications Festival predict business will be down by as much as 20 per cent this year.

Posted on 22/08/2024

Sino Group Recognized with Premier WiredScore Certifications and Announces Long-Term Partnership as WiredScore’s Largest Partner in Hong Kong

Sino Group ('the Group') is elated to announce that Skyline Tower, Empire Centre, and Tsim Sha Tsui Centre have been awarded esteemed WiredScore certifications. Particularly, Skyline Tower has achieved the coveted WiredScore "Platinum" rating—the zenith of recognition from the globally renowned digital connectivity rating scheme.

Posted on 22/08/2024

PwC China faces 6-month business ban, large fine over Evergrande audit, sources say

Chinese regulators will likely order business suspension for a big part of PricewaterhouseCoopers' auditing unit in mainland China for six months, as part of punishment for its work on troubled ...

Posted on 22/08/2024

AIA Group’s new business value rises 25% in first half

Hong Kong-based insurer AIA Group reported a 25 per cent increase in first-half value of new business (VONB) on Thursday, driven by robust demand for its insurance products in its key markets. The ...

Posted on 22/08/2024

The Growth Conversation: Hong Kong Science and Technology Parks Corporation Hilda Chan

The newly promoted chief marketing officer, Hong Kong Science and Technology Parks Corporation (HKSTP), is on a mission to help rewrite Hong Kong’s innovation and technology narrative.

Posted on 22/08/2024

PwC China faces 6-mth business ban, large fine over Evergrande audit, sources say

Chinese regulators will likely order business suspension for a big part of PricewaterhouseCoopers' auditing unit in mainland China for six months, as part of punishment for its work on troubled ...

Posted on 22/08/2024

Hong Kong corruption watchdog arrests 7 linked to listed company over suspected HK$120 million fraud

Hong Kong’s corruption watchdog has arrested seven people linked to a listed company for suspected fraud following a cross-border operation involving Macau authorities. The Independent Commission ...

Posted on 22/08/2024

HKIC-backed start-up Spark forms historic Thai partnership for EV charging stations

HKIC’s maiden overseas initiative will help Thailand’s green transformation with cutting-edge technologies developed by Hong Kong firms, Financial Secretary Paul Chan says.

Posted on 22/08/2024

AIA’s first-half profit jumps 53% amid mainlanders’ insurance-buying spree in Hong Kong

Asia's largest insurer posted its best first-half profit in five years at US$3.31 billion and beat analysts' estimates of US$3.27 billion AIA Group, Asia's largest insurer, reported its best ...

Posted on 22/08/2024

Hong Kong crypto exchanges face challenges to get full licences

A major scandal involving JPEX, an unlicensed crypto platform, has spurred officials to prioritise investor protection. The alleged scam stung 2,636 victims with a total of HK$1.6 billion ($270 ...

Posted on 22/08/2024

Hong Kong IPO takes TYK Medicines public with $74 million

Chinese biotech start-up TYK Medicines has raised $74 million through an IPO in Hong Kong, according to a public notice.

Posted on 22/08/2024

AM Best to Celebrate 25th Anniversary of Asia-Pacific Operations Launch With Hong Kong Reception

AM Best will host a reception to celebrate the 25th anniversary of the launch of its Asia-Pacific operations on Wednesday, 25 September 2024, at 6 p.m. HKT at the Renaissance Hong Kong Harbor View ...

Posted on 22/08/2024

Outgoing EU office head says right-wing politics back home unlikely to harm Hong Kong ties

Thomas Gnocchi says he does not think political shift after European Parliament elections will lead to ‘major changes’ in policy towards Hong Kong.

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