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Category: BUSINESS

Posted on 28/05/2024

Hong Kong officials ‘gain points’ for shelving waste-charging scheme but saga exposes policy execution gaps, analysts say

Central government will probably advise John Lee to tread carefully even on seemingly 'trivial' practical matters, veteran political analyst says Shelving controversial scheme seems to be the wisest ...

Posted on 28/05/2024

SCMP: At the Heart of Hong Kong’s International Story

In a city as dynamic and diverse as Hong Kong, the narrative that defines it on the world stage is ever-changing. The story, traditionally one of hustle, bustle and skyscrapers, is being written by a ...

Posted on 28/05/2024

S’pore biotech start-up Mirxes refiles for Hong Kong IPO, eyes growth in China

Founded in 2014 as a spin-off from Singapore’s Agency for Science, Technology and Research (A*Star), Mirxes focuses on microRNA-based cancer detection. Its flagship product, GastroClear, is the ...

Posted on 28/05/2024

Why pharmaceutical giant AstraZeneca chose Hong Kong for new R&D hub focused on oncology, rare diseases, and gene and cell therapies

Company’s move coincides with government’s plan to make city a biomed centre, with policies including a ‘1+’ mechanism to speed up approval of new drugs for life-threatening or rare diseases.

Posted on 28/05/2024

Hong Kong stocks rally after China industrial profits data shows return to growth

Hong Kong stocks rallied after data showed China’s industrial profits resumed growth in April, marking a recovery following the biggest weekly loss since January last Friday. The Hang Seng Index ...

Posted on 27/05/2024

Shares of China Evergrande’s EV unit soar on potential investor support

Shares of China Evergrande Group’s electric-vehicle unit surged, fueled by optimism that some businesses may survive despite the property giant’s liquidation. China Evergrande New Energy Vehicle ...

Posted on 27/05/2024

Hong Kong’s stock exchange hustles for more IPOs as capital returns to the market

S'pore and Hong Kong have a part to play in the growth of the region’s wealth, the CEO of HKEX said. Read more at straitstimes.com.

Posted on 27/05/2024

Scottish distributor of controversial 2019 Hong Kong protest song says high cost of legal advice forced it to pull city-banned tune from catalogue

Glasgow-based EmuBands says ‘Glory to Hong Kong’ axed from music platforms due to cost of legal advice after Hong Kong court issues interim injunction banning tune.

Posted on 27/05/2024

Climate change: Hong Kong, mainland China firms trail regional peers for credibility of emissions targets, MSCI study finds

Only 1 per cent of large-cap Hong Kong-listed firms in the MSCI AC Asia-Pacific IMI index have set greenhouse gas reduction targets considered ‘fully’ credible, less than the regional average.

Posted on 27/05/2024

Spying Arrests Send Chill Through Britain’s Thriving Hong Kong Community

Hundreds of thousands of Hong Kongers have resettled in the U.K. since 2021, among them prominent pro-democracy activists. China has not forgotten them.

Posted on 27/05/2024

Hong Kong-based Cidi looks to Middle East as growth market for autonomous commercial vehicles amid construction boom

said the company’s expansion plan in the Middle East is driven by the region’s strong economic growth momentum and “mutually beneficial positioning with mainland China and Hong Kong”. “It’s a very ...

Posted on 26/05/2024

Official visits vital to Hong Kong’s push to change overseas perceptions and clear up confusion, finance chief Paul Chan says

Chan heads to US next in first-ever delegation with Macau and Guangdong officials to promote exchanges and cooperation in areas such as climate change.

Posted on 26/05/2024

In the UK a year’s delay is a possible abuse of legal process. In Hong Kong it’s business as usual

It is nice to know that we still enjoy the rule of law, as we are constantly reminded. Still, there are some important differences between the rule as practised in Hong Kong and what happens in other ...

Posted on 25/05/2024

Ban on ‘Glory to Hong Kong’ protest song finally bearing fruit for government, observers say, as YouTube and others ‘draw the line’

Lawmakers and other commentators praise 'smart' move by protest song's distributor to pull song from major platforms in wake of May 8 injunction But they warn efforts to 'wholly' ban song online will ...

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