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Category: BUSINESS

Posted on 27/04/2024

Hong Kong’s economic growth depends on mindset shift, former leader CY Leung says citing trade, shipping services as focus areas

Leung identifies trade and shipping services as areas for city in pursuing second- or third-tier mainland companies to set up offices Former leader also lashes out at business groups for failing to ...

Posted on 26/04/2024

Wall Street’s Patience for a Costly A.I. Arms Race Is Waning

A sell-off in Meta’s stock after the company disclosed huge investments in the technology may be a sign of investor fears about tech giants’ spending.

Posted on 26/04/2024

11 years after Rana Plaza: From unsafe industry to green revolution

After one of the worst industrial accidents on record, the multi-billion-dollar ready-made garment (RMG) industry took a good hard look at itself and has implemented commendable changes in the past ...

Posted on 26/04/2024

Battle for ‘tech luxury’ in China as EVs get smarter – and cheaper

The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen.

Posted on 26/04/2024

To become an AI hub, Hong Kong should start by preparing workers

Hong Kong is committing billions to developing AI. But for the city to realise its ambitions, employers must do more to train workers and assuage concerns about safe use and job security.

Posted on 26/04/2024

InnoEX cements Hong Kong’s status as an I&T hub

HONG KONG SAR - Newswire - 26 April 2024 - The second edition of InnoEX, the region's premier I&T event, wrapped up successfully at the ...

Posted on 26/04/2024

Security law: EU parliament calls for sanctions on Hong Kong leaders; city slams ‘hypocrisy with double standards’

The Hong Kong government has “strongly opposed” a resolution adopted by the European Parliament, which condemned the enactment of the city’s domestic security law and called for sanctions against ...

Posted on 26/04/2024

Are Chinese Firms Sidelining Big Law on Hong Kong Listings Work?

The sole legal advisers to issuers on many Hong Kong Stock Exchange IPOs are Greater China-based law firms. Big Law can't compete with Chinese firms on fees and justify the low margins that come with the listings,

Posted on 26/04/2024

Hong Kong stocks continue rally at opening

Hong Kong stocks rose at the start of business on Friday following healthy earnings from tech titans Microsoft and Alphabet, while eyes turn to the ...

Posted on 26/04/2024

Hong Kong Stocks Extend Week’s Rally At Open

Hong Kong stocks rose at the start of business Friday following healthy earnings from tech titans Microsoft and Alphabet, while eyes turn to the release of key US inflation data later in the day.

Posted on 25/04/2024

Crypto spot ETFs to start trading in Hong Kong on April 30

Hong Kong’s Securities and Futures Commission (SFC) has officially approved the launch of the crypto spot exchange-traded funds (ETFs), further expanding the range of digital assets available to ...

Posted on 25/04/2024

Hong Kong’s treasurer tells visiting UK minister that BN(O) passport not recognised for early pension withdrawal

Hong Kong’s treasury chief, in a meeting with a visiting UK minister, has reaffirmed that emigrants who want to withdraw their pensions from the city’s official fund cannot use their British National ...

Posted on 25/04/2024

Hong Kong stocks jump to five-month highs on earnings optimism as China earnings kick into high gear

Hong Kong stocks rose for a third day after earnings optimism drove the benchmark Hang Seng Index to a five-month high.

Posted on 25/04/2024

Hong Kong stock exchange operator HKEX picks former securities watchdog head Carlson Tong as chairman

Carlson Tong Ka-shing, a veteran accountant and former head of the city’s market regulator, will work with CEO Bonnie Chan, as the exchange grapples with low market turnover and a decline in new ...

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