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Category: BUSINESS

Posted on 17/04/2024

Hong Kong: New Security Law Full-Scale Assault on Rights

(New York) – The Beijing-controlled Legislative Council in Hong Kong passed a new security law on March 19, 2024, that eliminates the last vestiges of fundamental freedoms in the city ...

Posted on 17/04/2024

Hong Kong tourism sector hoping for 30% bump in visitors over mainland China’s Labour Day ‘golden week’ holiday

Tourism lawmaker Perry Yiu says industry working on presenting 'old offerings in new or refreshing and innovative ways' Forecast comes after Chief Executive John Lee vows to showcase Hong Kong as ...

Posted on 17/04/2024

Famed Hong Kong sushi chain founder Ricky Cheng has died at age 57, friend reveals

King of Catering CEO Edmund Leung says founder of Itacho Sushi and Itamae Sushi brands died in Tokyo on April 2 after battle with cancer.

Posted on 17/04/2024

Hong Kong Stocks: Baidu’s Ernie Bot Reaches 200M User Mark

In major news on Hong Kong stocks, Baidu, Inc. (HK:9888) announced that its AI-based chatbot, Ernie Bot, has reached the 200 million users ...

Posted on 16/04/2024

Hong Kong tourism sector optimistic over prospects during mainland China’s Labour Day ‘golden week’ holiday

One representative expecting 30 per cent increase in number of visitors from across border compared with last year "I think the key is to find ways to present old offerings in new or refreshing and ...

Posted on 16/04/2024

Beijing accuses UK of ‘repeating old tricks’ over report slamming Hong Kong’s national security laws

Beijing's foreign ministry arm in Hong Kong condemns UK report, accuses Britain of smearing 'one country, two systems' and national security legal framework 'White noise that smears and disparages ...

Posted on 16/04/2024

John Lee vows to showcase Hong Kong as ‘city of hospitality’ in push to attract more tourists during golden week holiday

City leader acknowledges 'new period of economic development' for Hong Kong and that local businesses have been adapting to shifting demands Lee says government will prepare to attract more mainland ...

Posted on 16/04/2024

Hong Kong AI start-up tracks government policy patterns to predict major regulatory changes

Bilby says it had predicted China's 2021 crackdown on the private tuition industry, and last year's campaign targeting the pharmaceutical sector China watchers can expect to see crackdowns on ...

Posted on 16/04/2024

Chinese tea shop giant Sichuan Baicha Baidao aims to raise US$330 million in Hong Kong’s biggest IPO of 2024

Chinese tea shop giant Sichuan Baicha Baidao Industrial aims to raise HK$2.5 billion (US$330 million) in a Hong Kong initial public offering, set to be the city’s largest new-share sale of the year, ...

Posted on 16/04/2024

Beijing’s call for ‘new mindset’ in Hong Kong shows city leaders must step up, analysts say

Xia Baolong, director of the State Council's Hong Kong and Macau Affairs Office, urged city to adopt 'new mindset' and rely on more than its traditional advantages Analysts say call signals central ...

Posted on 15/04/2024

Spot Bitcoin Approved in Hong Kong: Expert Insights on Altcoin Potential

Hong Kong's recent approval of spot Bitcoin ETFs heralds a significant shift. This move could have a ripple effect on other cryptocurrencies, often termed ...

Posted on 15/04/2024

Hong Kong conditionally approves first bitcoin and ether ETFs

Hong Kong's securities regulator on Monday granted conditional approval to start the city's first spot-bitcoin and ether exchange-traded funds (ETFs), firms involved said, positioning it as a leader ...

Posted on 15/04/2024

Cryptos gain as Hong Kong greenlights bitcoin, ether ETFs

Hong Kong gave conditional approvals for asset managers to start spot-bitcoin and ether exchange-traded funds, the firms said, a development that boosted both tokens and the wider crypto market.

Posted on 15/04/2024

Singapore Car Startup Seeks Valuation of Over $1.5 Billion

Southeast Asia’s used-car marketplace Carro is raising about $100 million as it gears up for a stock-market debut, betting that new funds will cement it as the region’s top player.Most Read from Bloom ...

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