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Category: BUSINESS

Posted on 23/03/2024

US lawmakers urge sanctions against Hong Kong officials behind Article 23 national security law

Influential congressional figures also looking at expediting legislation to strip the city’s American-based trade offices of special privileges.

Posted on 23/03/2024

Hong Kong’s Animoca Brands gets in on Saudi Arabia’s Web3 ground floor with early investment, partnerships

The Web3 video gaming unicorn has signed an MOU with Saudi Arabia’s state-backed science park, months after a US$50 million investment in its Neom smart city.

Posted on 23/03/2024

Security law makes HK a better place for business: FS

Financial Secretary Paul Chan on Saturday said Hong Kong’s new homegrown national security legislation will make the city a better place to do ...

Posted on 23/03/2024

Rebooted Art Basel Hong Kong back to full strength

The return of former exhibitors to the fair boosts the city’s place in Asia’s art market even as political and economic challenges persist ...

Posted on 23/03/2024

Hong Kong’s One Earth Summit must set sustainability standards, not hide behind superficial talk on green deals

From Monday, Hong Kong will host the inaugural two-day One Earth Summit international sustainability conference, co-organised by the World Economic Forum’s Giving to Amplify Earth Action initiative.

Posted on 23/03/2024

As new Hong Kong new security law takes effect, firms wait and see

NEW YORK -- With Hong Kong's new national security law taking effect Saturday, companies face more uncertainty over what it means for the international financial hub, with some seeing it as just one ...

Posted on 23/03/2024

Hong Kong Stocks: Ping An Reports Lowest Profits in 5 Years; Shares Fall

In major news on Hong Kong stocks, Ping An Insurance Company of China ... Among its segments, the company’s core insurance business showed resilience, although it was offset by losses in asset ...

Posted on 23/03/2024

ZG Group And Aquila Aim To Score Hong Kong’s First De-SPAC Success

Aquila was Hong Kong’s first SPAC listing in March 2022 and is now on ... The company is also expanding its business to other industrial products apart from steel, such as electronic components, ...

Posted on 22/03/2024

Billionaire Peter Lee’s Semiconductor Startup Partners With Huawei Spinoff To Boost Hong Kong’s Chip Industry

Starfive, backed by the likes of Baidu, SoftBank Ventures Asia and Peter Lee’s family office Full Vision Capital, is working with Xfusion to establish an R&D facility in Hong Kong.

Posted on 22/03/2024

Riding the wave of Asia’s wealth evolution: DBS Bank Hong Kong unveils cutting-edge Treasures Centre

Bank’s intelligent advisory service aims to help clients navigate market opportunities, and leverages digital and AI capabilities to improve client experience.

Posted on 22/03/2024

Exclusive: UK’s Legal & General shelves China business licence plan, cuts headcount, sources say

British insurer and asset manager Legal & General has shelved a plan to obtain a China business licence and more than halved onshore headcount, two sources said, joining a list of global financial ...

Posted on 22/03/2024

With or Without Dior, Hong Kong Aims to Forge Ahead as Creative Hub of Asia

As Hong Kong gears up for another busy week around Art Basel, its efforts to reclaim its position as the hot spot of Asia are fueling conversations and spurring plenty into action - even in the ...

Posted on 22/03/2024

Hong Kong attracts hi-tech and R&D investment to shift spotlight to growth

Another 19 mainland China and US firms sign on to the OASES programme, which aims to attract investors and make Hong Kong a technology and innovation hub Another 19 firms have signed on to invest ...

Posted on 22/03/2024

Hong Kong braces for another sweltering year, with 5 to 8 typhoons predicted

Hong Kong will see yet another sweltering year with more typhoons in 2024, the forecaster has said. Last year was the city’s second-warmest since records began in 1884, with the annual mean ...

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