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Category: BUSINESS

Posted on 11/06/2024

Hong Kong authorities rebut claims from outgoing UK judge that rule of law is under threat

Government issues statement in response to Financial Times piece from Jonathan Sumption titled 'The rule of law in Hong Kong is in grave danger' The Hong Kong government has said it strongly ...

Posted on 11/06/2024

HKIC wealth fund to strike maiden investments in June in technology, biotech, new energy

Government-owned HKIC will invest in hard and core technology, biotechnology, and new energy and green technologies as authorities seek to strengthen innovation and technology to provide sustainable ...

Posted on 11/06/2024

1.3 million Hong Kong cross-border trips over festival weekend, but only 424,840 come in

Retail industry says major holidays no longer a guarantee of spending bonanza in Hong Kong Hong Kong residents made more than a million trips across the border over the Dragon Boat Festival holiday - ...

Posted on 10/06/2024

Cainiao surcharge waiver could enhance Hong Kong supply chain management, experts say

But city must still address lack of expertise in global sourcing and trading compliance, chairman of shipping council and academics say.

Posted on 09/06/2024

Hong Kong to sign first deal with tech unicorn to invest in talent training, R&D: Paul Chan

The enterprise has 10 centres for business, and research and development in Hong Kong, Tokyo and Singapore, as well as representative offices and partner networks in Southeast Asia and Europe.

Posted on 09/06/2024

‘Rising East, declining West’ a popular view in China, but Hong Kong tycoon urges caution

Ronnie Chan, honorary chairman of Hang Lung Properties, says there will be no winner in US-China conflict, but both sides could lose.

Posted on 08/06/2024

Mainland Chinese tourist accuses Hong Kong taxi driver of overcharging by nearly 300%

Visitor from Shenzhen complains on Xiaohongshu about being ‘ripped off’ after paying HK$600 for a trip from Tuen Mun to Hong Kong airport.

Posted on 08/06/2024

Hong Kong Stocks: Alibaba Targets 20% B2B Growth; Defies Competition

In major news on Hong Kong stocks, Alibaba Group Holding Limited (HK:9988) is targeting a 20% growth in its B2B (business-to-business) ...

Posted on 07/06/2024

Southeast Asia is ripe for Hong Kong start-up expansion

Moreover, Hong Kong’s start-up ecosystem is characterised by a high level of professionalism and adherence to international standards. This positions Hong Kong start-ups as reliable partners for ...

Posted on 07/06/2024

Banning flavoured cigarettes may reduce Hong Kong’s appeal to visitors, lawmaker says

But senior health official rebuts his argument, saying tourists and business travellers may prefer a city with fresh air instead Banning flavoured cigarettes may reduce Hong Kong's attractiveness to ...

Posted on 07/06/2024

Tencent-backed QuantumPharm on track to become Hong Kong’s second-biggest IPO of the year

The retail tranche of QuantumPharm’s IPO has been oversubscribed 75 times, which will allow the AI drug firm to raise HK$1.13 billion (US$145 million).

Posted on 07/06/2024

Hong Kong Plans to Start Trading During Typhoons in September

Hong Kong plans to stop shutting the stock market during severe weather as soon as September to allow trading in such conditions like in other advanced economies, according to people familiar of the ...

Posted on 07/06/2024

The irrepressible spirit of Hong Kong practice

How is China’s economic slowdown affecting architecture in Hong Kong? Architects from three practices, specialising in different sectors, describe how they are seeking new opportunities while grapplin ...

Posted on 07/06/2024

Taxi reform in Hong Kong? Start by paying drivers more

Proposals to restructure Hong Kong’s taxi system will not necessarily give us better service and could prompt drivers to leave the industry.

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