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Category: BUSINESS

Posted on 09/03/2024

Need to get landmark law right for sake of Hong Kong’s normal daily life

Despite rapid start to scrutiny of proposed Article 23 security legislation by lawmakers, there should be no compromise on making changes and improvements The process for passing Hong Kong's new ...

Posted on 09/03/2024

Hong Kong unveils new national security law with tough penalties

Authorities have proposed life imprisonment as the maximum penalty for treason, insurrection, sabotage endangering national security, and incitement of members of China's armed forces to mutiny.

Posted on 08/03/2024

Hong Kong unveils its second national security law, aligning city more closely with mainland China

Hong Kong’s government unveiled a new suite of powerful national security laws on Friday that critics and foreign governments warn could deepen the ongoing crackdown in the city and further undermine ...

Posted on 08/03/2024

Hong Kong introduces new national security draft bill with tougher penalties to stifle dissent

Hong Kong, a booming business hub, has come under the scanner as authorities launched a crackdown on dissent in the semi-autonomous city. This crackdown began after violent pro-democracy protests in ...

Posted on 08/03/2024

Fears grow for Hong Kong’s finance hub status under proposed security law

HONG KONG – As Hong Kong fast-tracks a new national security law, the legislation and questions about its implementation have raised fears among the business community. The draft Bill, introduced at ...

Posted on 08/03/2024

Hong Kong buyers rush to snap up homes after curbs removed

Hong Kong’s new home sales surged 10 times in the first five days after the govt removed cooling measures. Read more at straitstimes.com.

Posted on 07/03/2024

‘Seeing is believing’: Hong Kong launches ‘Financial Mega Event Week’ in major push to attract more foreign investors, business travellers

The mega event week reflects the Hong Kong government’s heightened efforts to buttress the city’s status as an international financial hub.

Posted on 07/03/2024

AI Takes Centre Stage at Lenovo Tech World Hong Kong

Lenovo surveyed 750 CIOs from 10 global markets in February 2024. The Hong Kong sample included 75 Hong Kong Chief Information Officers, 65% of whom work for organisations with more than US$100 ...

Posted on 07/03/2024

Hong Kong property agents expect more big-ticket foreclosures this year

Hong Kong's property agents expect more big-ticket foreclosures this year as landlords struggle to refinance, and that receivers will speed up sales after the city's recent measures aimed at ...

Posted on 07/03/2024

Hong Kong stock exchange poised to name Carlson Tong as new chair: sources

HONG Kong Exchanges and Clearing (HKEX) is set to name Carlson Tong its new chairman, sources with direct knowledge of the matter said, the most senior management change at the bourse damaged by ...

Posted on 07/03/2024

Hong Kong’s MTR Corp posts profits of HK$7.78 billion for last year, down 20.8%, as property development earnings fall 80.1%

Hong Kong’s MTR Corporation has posted profits of HK$7.78 billion (US$994.3 million) for last year, down 20.8 per cent from 2022 amid a sharp drop in gains from property development. CEO Jacob Kam ...

Posted on 07/03/2024

JD.com Shares Rise In Hong Kong After Earnings Beat

JD.com shares rose sharply in Hong Kong after the e-commerce giant’s fourth-quarter results beat expectations and raised hopes for its outlook.

Posted on 07/03/2024

GreenTech in Hong Kong: hydrogen start-up H2 Solution to build city presence as springboard into overseas markets

“It is a good place for us to demonstrate successful application cases on which we can develop overseas business,” he said during the Hong Kong GreenTech Summit last week. “The Hong Kong government is ...

Posted on 07/03/2024

Hong Kong’s dynamism means it will not only survive but thrive

Real drivers of territory’s success have always been its business environment and openness to those chasing prosperity ...

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