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Category: BUSINESS

Posted on 09/05/2024

Hong Kong puts Google in hot seat with ban on protest song

Hong Kong called it "unbelievable” when Google rebuffed its 2022 request to bury a popular protest song from search results. Now armed with an injunction, authorities are putting legal pressure on the ...

Posted on 09/05/2024

Hong Kong’s Templewater, BP unit lead US$111 million fundraising for Australian green hydrogen start-up Hysata

Hong Kong-based private equity firm and BP Ventures to invest US$10 million each in the latest funding round, helping Hysata to scale up its green hydrogen facilities in New South Wales.

Posted on 09/05/2024

Hong Kong Woos Saudi Money in Attempt to Revive Stock Market

Hong Kong is turning to oil-rich Saudi Arabia for new funds to help offset a growing list of challenges facing its stock market. Most Read from BloombergAmericans Are Racking Up ‘Phantom Debt’ That ...

Posted on 08/05/2024

Struggling Hong Kong bars hope lucky draw will provide shot in arm but Lan Kwai Fong’s Allan Zeman urges them to look beyond ‘desperate’ measures

Hong Kong Bar and Club Association chief hopes lucky draw launched on May 1 can increase business by 10 to 20 per cent Bar trade performed the worst out of the entire restaurant sector in the first ...

Posted on 07/05/2024

Forget past glories, Hong Kong must find relevance in a changing world

The economy is ageing, as is the city, which faces growing capacity constraints. Before, Hong Kong’s congestion and high costs of living and business might have seem justified by its geopolitical ...

Posted on 07/05/2024

Hong Kong stocks open flat after 10 days of gains

Hong Kong stocks were barely moved at the open of business on Tuesday morning as traders struggled to maintain momentum after 10 straight days of gains, even after another strong performance on Wall ...

Posted on 06/05/2024

Billionaire creates startup to revolutionize clean energy with space-based batteries — here’s how it would work

While lithium-ion batteries have become the norm for battery-electric vehicles, they are not ideal for long-term energy storage. Billionaire creates startup to revolutionize clean energy with ...

Posted on 06/05/2024

Hong Kong’s tourism industry still struggling to recover as Labour Day ‘golden week’ trips hit just two-thirds of pre-pandemic levels

Financial Secretary Paul Chan says government will continue to work hard to attract more tourists to city, despite apparent trend towards commuter visitors.

Posted on 06/05/2024

AI Startups are Now Reviving Loved Ones in Hong Kong, Allowing Relatives to Reconnect

Tech startups are now using AI to revive the dead, allowing relatives to converse with their late loved ones from beyond their lifetimes.

Posted on 06/05/2024

Mainland China shares book catch-up rally on stimulus hopes, Hong Kong edges lower

Chinese H-shares listed in Hong Kong fell 0.26% to 6,529.98, while the Hang Seng Index slipped 0.05% to 18,466.91. ** The smaller Shenzhen index was up 1.96%, the start-up board ChiNext Composite ...

Posted on 06/05/2024

Hong Kong Private Sector PMI Slips In April – S&P Global

The private sector in Hong Kong continued to expand in April, although at a slower pace, the latest survey from S&P Global revealed ...

Posted on 05/05/2024

Startup Spotlight: UAE-Based TranspRight Is Helping Create A More Sustainable Supply Chain Ecosystem In The Region

Through carbon emission tracking, TranspRight aims to optimize cargo deliveries in an inexpensive, efficient, and fast manner.

Posted on 05/05/2024

Climate reporting: ESG start-ups jump in to help SMEs calculate supply-chain emissions to meet tighter requirements

Many SMEs in the region have not started reporting on greenhouse-gas emissions, says Stacs co-founder Benjamin Soh Fintech company Stacs and ESG consulting firm Downundered are among those offering ...

Posted on 05/05/2024

Elon Musk’s AI Start-Up xAI Is Raising $6B To Challenge OpenAI

Elon Musk, the CEO of Tesla and X, is looking to raise to $6 billion for his xAI project as he looks to investors worldwide, including those in Hong Kong, ...

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