New business placed at Hong Kong SAR private sector firms decreased for a second straight month in February and at the fastest rate since last September. Likewise, new orders from abroad and mainland ...
Hong Kong Stocks: Baidu in the Limelight Post Q4 Beat
BIDU stock rose over 2% this morning in Hong Kong listing but has lost over 5% in the past five trading sessions. The company’s exorbitant spending on generative artificial intelligence (AI) has eaten ...
Hong Kong Law Firms Cut Office Space in Blow to Business Hub
Deacons, the city’s oldest law firm, is cutting one floor in Alexandra House, a premium office building in Hong Kong’s business district of Central, according to people familiar with the matter, who ...
Chinese battery giant CATL looks to set up R&D centres in Hong Kong to underpin technology exports
Chinese battery giant CATL is in discussions to set up research and development centres in Hong Kong to create new technologies that can be licensed abroad and within the industry, its chairman told ...
Glints Reveals Increased Demand for Southeast Asian Startup Talent from Hong Kong and Mainland China
HONG KONG SAR - Media OutReach Newswire - 4 March 2024 - Glints, the leading talent platform and solution in Southeast Asia, and Monk's Hill Ventures ('MHV') today released The Southeast Asia Startup ...
Hong Kong ‘to press ahead with studies for artificial islands mega project this year’, despite plans to delay launch by up to 3 years
Development chief Bernadette Linn also says Lantau Tomorrow Vision reclamation works delay will not upset wider strategy to provide 410,000 homes over next 10 years Government aims to start works for ...
Hong Kong Earthshot Prize winner GRST targets golf carts, boats and motorcycles for its eco-friendly lithium-ion batteries
GRST is in talks with many potential clients to deploy its eco-friendly batteries in a range of electrical applications, COO Karen Ng says The start-up is expected to complete doubling its annual ...
Hong Kong financial secretary’s hands were tied – but he got at least one thing right
With many negative factors weighing on the economy, Financial Secretary Paul Chan had little wiggle room The scrapping of property market cooling measures was a good move given the knock-on effect on ...
Hong Kong is seeing growing internet censorship, and some American companies are using burner phones when visiting, says a top US diplomat
The American diplomat’s criticism comes as Hong Kong tries to bolster its position as an international business center and attract tourists to boost its flagging economy. The city’s global reputation ...
How Hong Kong can rescue the struggling recycling industry and win its war on plastic waste
Hong Kong’s recycling pace lags that in Europe and the US, but government intervention could help transform the landscape as growing landfills contaminate the soil.
120 workers axed after sudden collapse of Hong Kong contractor as officials scramble to contain any knock-on effect at related firms
Labour Department has set up a helpline for about 120 employees of prominent contractor Fung Cheung Kee, welfare chief Chris Sun says Authorities working with unions to find out if more subcontractors ...
5 nabbed at unlicensed Hong Kong eatery suspected of serving dog, cat meat
Five people were arrested on Feb 29 at an unlicensed eatery in Hong Kong that operated from a flat and was suspected to serve cat and dog meat. Some 35kg of frozen meat was confiscated in a ...
Hong Kong’s Billionaire Cheng Family Offloads Shopping Mall For $513 Million
New World Development sold a shopping mall in Hong Kong for HK$4.02 billion as part of its ongoing efforts to sell non-core assets and allay investors’ concerns about its debt load.
Top US envoy in Hong Kong warns of creeping Internet curbs
“Hong Kong is starting to go down the slope of trying to take certain content off the Internet and blocking certain websites,” he told Bloomberg News on Thursday (Feb 29). “It is kind of a slippery ...