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Category: BUSINESS

Posted on 17/09/2024

Developing | Midea shares rise in Hong Kong trading debut as city’s largest IPO since 2021 sizzles

Midea Group’s shares rose in their Hong Kong trading debut, as the city’s largest initial public offering (IPO) in more than three years sizzled ahead of a widely expected rate cut from the US Federal ...

Posted on 17/09/2024

Olympic Champion Axelsen Cruises To First Hong Kong Open Title

Double Olympic badminton champion Viktor Axelsen cruised to his maiden Hong Kong Open title on Sunday, defeating China's Lei Lanxi 21-9, 21-12.

Posted on 16/09/2024

VivoPower secures Mpox diagnostic tests distribution heads of agreement for Singapore, Hong Kong and Australia with Sansure Biotech Inc

Sansure Biotech Inc (“Sansure”) is a US$1.4bn market capitalisation in vitro diagnostic solutions company listed on Shanghai Stock Exchange Mpox virus footprint has significant overlap with key ...

Posted on 16/09/2024

Undergrad Ellyn Ngai, 23, dubbed ‘Michelle Reis of the City University of Hong Kong’, wins Miss Hong Kong 2024

After months of preparation and anticipation, Miss Hong Kong 2024 has finally been crowned. This year, the coveted title was won by 23-year-old university student Ellyn Ngai, while the first and ...

Posted on 16/09/2024

Govt plans to boost start-ups with investor scheme

The head of the government's investment vehicle on Friday said it plans to boost local start-ups with millions of dollars it will manage under a ...

Posted on 16/09/2024

Hong Kong to link its bond market with Macau to create deeper, bigger hub for debt finance

The Hong Kong Monetary Authority (HKMA) will link its Central Moneymarkets Unit (CMU) to Macau Central Securities Depository and Clearing.

Posted on 16/09/2024

Trump or Harris? China, Hong Kong stocks offer a hint at their preference as US president

No matter who wins, geopolitical tensions will continue to haunt Chinese stocks for another four years, according to Daiwa Securities Group.

Posted on 16/09/2024

PwC invests in ‘high quality’ business in China after record fine, internal memo says

PwC is making "tangible investments" to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo to staff after Chinese regulators on Friday hit the company's ...

Posted on 16/09/2024

PwC probe spotlight shifts to Hong Kong after record China fine over Evergrande audit

Hong Kong’s accounting regulator can mete out as much as $1.7 million in fines if it disciplines PwC. Read more at straitstimes.com.

Posted on 16/09/2024

Gloomy outlook for Hong Kong’s hotel and catering sectors across Mid-Autumn holiday period

Miramar hotel chain records lower occupancy rates despite reducing rates by as much as 20 per cent, while catering industry struggles over weekend.

Posted on 16/09/2024

Singapore to ‘mop up’ finance business leaving Hong Kong: report

SINGAPORE -- Japan, India and Singapore are poised to be winners in Asia as Chinese markets continue to be challenged by geopolitical risks, according to a report published last week by research and ...

Posted on 16/09/2024

Asian stocks mixed amid weak China data after Wall Street closes the best week of 2024

Asian stocks are mixed with several key markets closed for a holiday, after U.S. stocks finished their best week of the year and climbed to the cusp of their records.

Posted on 16/09/2024

PwC Probe Spotlight Shifts to Hong Kong After Record China Fine

The focus of a lengthy probe into PricewaterhouseCoopers LLP’s China business now shifts to Hong Kong after the accounting firm was hit with a record fine in the mainland over its audit of failed ...

Posted on 16/09/2024

Head coach switch designed to maximise Hong Kong ammunition for Rugby World Cup quest

Andrew Douglas will lead Hong Kong in WXV3 tournament, where games against Fiji, Madagascar and Netherlands will determine World Cup fate Andrew Douglas said his appointment as women's head coach ...

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