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Category: BUSINESS

Posted on 30/05/2024

HSBC targets lending against fast-growing private assets after adding SVB’s UK unit to its portfolio

HSBC, the largest bank in Hong Kong and Europe, is “responding to the evolution ... reaching US$8.2 trillion as of June 2023, according to McKinsey & Co. Individual investors in Asia-Pacific are ...

Posted on 30/05/2024

Hong Kong Convicts Democracy Activists in Largest National Security Trial

Forty-seven pro-democracy activists face prison time for holding a primary election as Beijing cracks down on even peaceful political opposition.

Posted on 29/05/2024

Are Western travellers avoiding Hong Kong over fears of ‘political dangers’? City’s tourism drive faces many hurdles: experts

Negative media coverage abroad, harsh pandemic restrictions have combined to deter visitors, experts sayEfforts to attract visitors are up against US, UK and Canada travel advisories that scare citize

Posted on 29/05/2024

Generation Hong Kong Announces Grant From Apollo Opportunity Foundation To Invest In Career Education, Workforce Development And Economic Empowerment

HONG KONG SAR - Media OutReach Newswire - 29 May 2024 - Generation Hong Kong, an independent non-profit founded by McKinsey & Company that seeks to ...

Posted on 29/05/2024

Hong Kong is more entrepreneurial, open and diverse than Singapore, finance chief Paul Chan tells US businesses

One country, two systems’ governing principle ‘still alive’, finance chief tells US businesses during Greater Bay Area delegation trip.

Posted on 29/05/2024

4-year-old Hong Kong girl’s ‘rare’ cardiac arrest after receiving stitches sparks hospital probe

Senior hospital official wants to look into 'all procedures' after girl was treated for a head injury sustained in a fall The child fell unconscious and her heart stopped soon after seeing a doctor ...

Posted on 28/05/2024

Start-up’s battery recycling solution emerges as winning idea at Hong Kong’s flagship and global Elevator Pitch Competition

Vincent Choy, co-founder and chief business development officer of Bizbaz, the winner of the fintech category, said the competition allowed his start-up to showcase what it can do and how it can help ...

Posted on 28/05/2024

3 charged in UK with assisting the Hong Kong intelligence service

Chi Leung Wai leaves Westminster Magistrates' Court in central London, Monday May 13, 2024. Three men have appeared in a London court on charges that they helped the Hong Kong intelligence service ...

Posted on 28/05/2024

Business-First Hong Kong Now Comes With a Catch: Beijing Politics

The city, promised some autonomy by China, is trying to move on from a security law imposed by Beijing. Companies are learning that’s not always possible.

Posted on 28/05/2024

Hong Kong stocks extend gains, cheered by Shanghai’s property easing moves

Hong Kong markets extend gains after further moves to ease curbs in the property sector and on the back of a semiconductor investment fund.

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.

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