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Category: BUSINESS

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.

Posted on 28/05/2024

Hong Kong stocks rally after China industrial profits data shows return to growth

Hong Kong stocks rallied after data showed China’s industrial profits resumed growth in April, marking a recovery following the biggest weekly loss since January last Friday. The Hang Seng Index ...

Posted on 27/05/2024

Shares of China Evergrande’s EV unit soar on potential investor support

Shares of China Evergrande Group’s electric-vehicle unit surged, fueled by optimism that some businesses may survive despite the property giant’s liquidation. China Evergrande New Energy Vehicle ...

Posted on 27/05/2024

Hong Kong’s stock exchange hustles for more IPOs as capital returns to the market

S'pore and Hong Kong have a part to play in the growth of the region’s wealth, the CEO of HKEX said. Read more at straitstimes.com.

Posted on 27/05/2024

Scottish distributor of controversial 2019 Hong Kong protest song says high cost of legal advice forced it to pull city-banned tune from catalogue

Glasgow-based EmuBands says ‘Glory to Hong Kong’ axed from music platforms due to cost of legal advice after Hong Kong court issues interim injunction banning tune.

Posted on 27/05/2024

Climate change: Hong Kong, mainland China firms trail regional peers for credibility of emissions targets, MSCI study finds

Only 1 per cent of large-cap Hong Kong-listed firms in the MSCI AC Asia-Pacific IMI index have set greenhouse gas reduction targets considered ‘fully’ credible, less than the regional average.

Posted on 27/05/2024

Spying Arrests Send Chill Through Britain’s Thriving Hong Kong Community

Hundreds of thousands of Hong Kongers have resettled in the U.K. since 2021, among them prominent pro-democracy activists. China has not forgotten them.

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