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Category: BUSINESS

Posted on 23/05/2024

Hong Kong stocks slide as investors rattled by patchy earnings, hawkish US Fed minutes

Other key Asian markets also traded lower after the hawkish Fed minutes. Australia’s S&P/ASX 200 dropped 0.7 per cent and South Korea’s Kospi weakened 0.2 per cent. Japan’s Nikkei 225 added 0.6 per ...

Posted on 23/05/2024

Hong Kong is a gateway between Middle East and China, says Secretary for Justice

Speaking at a forum titled “Hong Kong - The Common Law Gateway for UAE Businesses to China and Beyond” held in Dubai ...

Posted on 23/05/2024

Jackie Chan to Tony Leung: 10 richest Hong Kong actors with massive net worths

Keen to know the richest Hong Kong celebrities? Let's take you through the top 10 richest Hong Kong actors who are worth millions.

Posted on 23/05/2024

Gate.io Ceases Operations in Hong Kong amid Tightening Crypto Regulations

Gate.io announced that it would cease operations of its Hong Kong-based Gate HK and it has officially withdrawn its license application.

Posted on 23/05/2024

How to unlock Hong Kong’s halal tourism potential

There have been efforts to bring Muslim tourists to Hong Kong for years, but a lack of focus has rendered these attempts largely ineffective. Rather than concentrate on halal eateries, the city should ...

Posted on 23/05/2024

Hong Kong justice minister Paul Lam touts city as ‘common law gateway’ in visits to Saudi Arabia, UAE

Hong Kong’s justice minister ended a five-day visit to Saudi Arabia and the United Arab Emirates (UAE) on Thursday, as the city seeks to enhance ties with the two Middle Eastern countries. Secretary ...

Posted on 23/05/2024

HSBC’s Silicon Valley Bank UK acquisition raises Hong Kong lender’s tech profile with clients, start-ups

HSBC arranged a three-day tailored programme in California last week for its Asian private bank clients to meet Silicon Valley start-ups and venture capitalists.

Posted on 23/05/2024

Hedge Funds’ Bullish Picks Mostly Win as Sohn Hong Kong Returns

The Sohn investment conference returns to Hong Kong on Thursday, with most of last year’s bullish pitches doing well. (Bloomberg) — The Sohn investment conference returns to Hong Kong on Thursday, ...

Posted on 22/05/2024

‘Lawful’ capital welcome in Hong Kong, treasury chief says amid Dubai prince Ali Al Maktoum’s plans to return for US$500 million family office opening

Treasury chief Christopher Hui says city adopted various policies and strategies to attract different institutions to establish family offices Maktoum's top aide in city reveals prince set to return ...

Posted on 22/05/2024

‘Little’ or mega events? Hong Kong must be more aggressive, ‘make noise’ on global stage in tourism drive, industry says

Analysts point to Singapore’s tie-up with Taylor Swift as good example of aggressive tactics, with international sports competitions also top of the wish list for some.

Posted on 22/05/2024

Face it, Hong Kong’s bars won’t recover unless enough expats return

The expatriates and international travellers who went away have mostly been replaced by mainlanders – but hanging out in bars is a predominantly Western social practice.

Posted on 22/05/2024

A Hong Kong noodle seller blows his top, and suddenly everyone agrees restaurant service levels have sunk, need improving

Manpower crunch blamed for decline, with patrons saying they get better service when they travel No apology from restaurant that sparked debate, with owner saying some customers are just too much At a ...

Posted on 22/05/2024

Meet Salim Ramji, Who Is Going to Oversee the Retirement Assets of Tens of Millions of Americans

Vanguard on Tuesday named Ramji, 53 years old, its next chief executive. He will succeed Tim Buckley, who is retiring after six years. Ramji will run the $9 trillion asset manager, a behemoth ...

Posted on 22/05/2024

Ride-hailing giant Didi Chuxing re-enters Hong Kong market, upping the ante on competition

China’s ride-hailing giant Didi Chuxing has returned to the Hong Kong market with cab booking and cross-border car services, adding fuel to already intense competition between Uber and local taxis.

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