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Category: BUSINESS

Posted on 03/06/2025

PwC troubles in China deepen with exit of Hong Kong partners

HONG KONG] PricewaterhouseCoopers troubles are now deepening in Hong Kong as the firm is wrestling with the consequences of its audits of China Evergrande Group. Read more at The Business Times.

Posted on 03/06/2025

Hong Kong Airlines to open routes to Urumqi, Melbourne after overcoming debt woes

Carrier president Jeff Sun Jianfeng says it has 'become financially sound airline with great investors' backing', and plans for rebrand Hong Kong Airlines will launch flights to Urumqi in far western ...

Posted on 03/06/2025

Deficit-hit Hong Kong hikes work visa fees as much as 8-fold

Under the new two-tiered schedule, individuals seeking to stay more than 180 days are required to pay 1,900 Hong Kong dollars ($242) -- a HK$600 application fee plus an issuance fee of HK$1,300.

Posted on 02/06/2025

Hong Kong’s New World Development Tumbles On Bond Payment Delays Amid Debt Troubles

New World’s decision to defer interest payments on several bonds triggered a 6.5% drop in its shares on Monday.

Posted on 02/06/2025

Hong Kong Launches AI-Powered Green Education Initiative GEEP Ahead of COP30

Hong Kong has taken a significant step towards fostering sustainability and innovation with the launch of the Green Entrepreneurial Education Project (GEEP). Convened by Prof. Shirley Yeung, the ...

Posted on 02/06/2025

Hong Kong stocks sink by the most in 2 months as US-China trade tensions rise again

Investors pare bets after Trump says China violated tariffs deal; Beijing says it will take strong measures to safeguard its legitimate rights.

Posted on 02/06/2025

S’pore’s billion-dollar biotech firm: Life sciences scholar leads start-up to list in HK

Home-grown start-up Mirxes is going places, but co-founder is firmly rooted in Singapore. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/06/2025

Hong Kong’s Link takes rental hits amid fight to retain retail tenants

Hong Kong-based Link Asset Management expects more tenants to negotiate lower rents in the near term as it prioritises keeping its properties occupied, according to top executives at the company that ...

Posted on 02/06/2025

Jardine Matheson Holdings names Lincoln Pan as CEO-designate ahead of group managing director John Witt’s retirement

SINGAPORE] Hong Kong-based conglomerate Jardine Matheson Holdings on Thursday (May 29) announced the appointment of Lincoln Pan as chief executive-designate, as group managing director John Witt will ...

Posted on 01/06/2025

From riches to rags: Hong Kong’s veteran property investors grapple with market downturn

Chan, who owned seven office floors at The Center, sold the last two to Singapore’s DBS Group in September and November for an average price of HK$26,500 per square foot, an over 20 per cent discount ...

Posted on 30/05/2025

Billionaire Keswick Family’s Jardines Appoints PAG Private Equity Co-Head As CEO

Lincoln Pan, co-head of private equity at PAG, will succeed Jardines veteran John Witt as the Hong Kong-based conglomerate’s CEO from December 1.

Posted on 30/05/2025

HKUST to research AI impact on business

The Hong Kong University of Science and Technology (HKUST) has established a research centre to study how technological innovations like robots and ...

Posted on 30/05/2025

How Hong Kong companies can empower belt and road countries with advanced tech solutions

Kodifly’s AI analytics boost transport and infrastructure safety and FJDynamics’ robotic systems enhance farming in emerging markets.

Posted on 30/05/2025

Shein working towards Hong Kong listing after London IPO stalls: Sources

HONG KONG: Shein is working towards a listing in Hong Kong after the online fast-fashion retailer's proposed initial public offering (IPO) in London failed to secure the green light from Chinese ...

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