Peter Lee, the Hong Kong-based tycoon, wants to use battery technology used in space back on Earth. To facilitate this, the business tycoon’s family office founded a new startup, EnerVenue, and has ...
Hong Kong Sevens: bar operators in Wan Chai, Causeway Bay expect event’s move to Kai Tak next year will hit business hard
Sevens expected to move to new 50,000-seat venue at Kai Tak Sports Park in 2025 after 42 years at Hong Kong Stadium Economist forecasts the annual sporting extravaganza will bring HK$320 million in ...
No ‘additional benefits’ for family offices, Hong Kong says, after Dubai sheikh’s business plan draws suspicion
The Hong Kong government has neither invested in nor offered “additional policy benefits or financial support” to any family offices, a spokesperson has said, after news that a Dubai sheikh planned to ...
Hong Kong stocks retreat as geopolitical worries weigh
Hong Kong stocks fell on Friday, tracking global peers, as mounting geopolitical worries along with hawkish pushback by some U.S. Federal Reserve officials weighed on risk sentiment in a cautious end ...
City I&T Grand Challenge invites innovative solutions for Hong Kong’s future
HONG KONG SAR - Media OutReach Newswire - 5 April 2024 - To promote an innovation and technology (I&T) culture and enhance the application of I&T in the community, the second City I&T Grand Challenge, ...
Down to Earth: start-up backed by Hong Kong tycoon Peter Lee aims to commercialise battery technology used in space
EnerVenue, co-founded by the family office of Hong Kong tycoon Peter Lee, aims to build factories in the US and China to commercialise an old battery technology deployed in space It can be used in ...
Hong Kong Private Sector Swings To Expansion – S&P Global
The private sector in Hong Kong moved into expansion in March, the latest survey from S&P Global revealed on Friday with a PMI score ...
Hong Kong Sevens 2024: party starts as rugby fans arrive from around the world
While overseas fans are visiting for the Sevens, they also plan to 'enjoy life in Hong Kong, go sightseeing and explore the city' Wan Chai pubs and bars operators are also celebrating an uptick in ...
Top Hong Kong billionaires see net worth plunging
The five richest people in Hong Kong saw their combined net worth falling by almost 11% from last year to $116 billion this year, according to U.S. magazine Forbes.
Easter gloom for Hong Kong retail sector with some owners expecting business to have fallen 40%, trade group says
Government spokesman says considering the first two months of 2024 together, the value of retail sales rose ‘modestly’ over a year earlier.
Home-grown hydrogen energy start-up Epago aims to tap Hong Kong’s innovation ecosystem to expand to China and overseas
Epago Technologies, which makes ‘new-generation electrodes’ for hydrogen fuel cell batteries, aims to use the city’s innovation, policy, and geographical advantages as a springboard to access bigger ...
Societe Generale, AllianceBernstein launch cash equities and research business
Societe Generale aims to eventually own 100% of both entities after five years, subject to regulatory approval.
Asia Pacific Startups Tackle Skin Disorders
But startups in Asia Pacific are now tackling skin disorders ... It is being adopted by a growing number of community care providers in Singapore and Hong Kong. “Based on feedback by users, we see up ...
Tian Tu Plunges Into The Red On Sagging Hong Kong Stock Market
Tian Tu Capital posted an 873 million yuan net loss last year, reversing a 559 million yuan profit in 2022 The venture capital firm is getting hit by weakness in the Hong Kong IPO market, one of its p ...