Record-breaking rainfall in Hong Kong caused widespread flash flooding across the financial hub on Friday, with many businesses and schools forced to shut, just days after the city was battered by a ...
Hong Kong closes schools as torrential rain floods streets, subway station
Hong Kong has closed schools and halted trading on the stock exchange as torrential rain lashed the city overnight, flooding streets in parts of the city and an underground subway station ...
Asia markets poised for mixed open ahead of Japan’s trade balance; Hong Kong may pause trade
Hong Kong's observatory issued a "black rain" warning, which sees the pre-opening session cancelled and morning trade likely to be limited.
Hong Kong Science Park opens branch in Shenzhen as neighbouring cities move forward with collaboration on tech hub
The new branch in Shenzhen is one of the first Hong Kong projects in the Hetao zone, which will take the lead in serving hi-tech companies, as the two cities work on building a global hub.
Hong Kong consumer watchdog slams 4 pharmacies over poor sales practices amid surge in complaints after border reopening
Consumer Council names and shames Causeway Bay quartet City Medicine, Medicine Palace Living Plaza, Global Medicine Company and On Hong Medicine Company.
Hong Kong’s Data Center Sector – Industry and Regulatory Landscape
The Hong Kong data center market presents myriad opportunities for investors as the industry witnesses strong growth and rising demand.
‘Night Vibes Hong Kong’: campaign must be affordable to counter trend of residents spending across the border, industry leaders say
A major campaign to revitalise Hong Kong’s night economy must be affordable not only for tourists but to counter a recent holiday trend of residents heading across the border, industry leaders on ...
Hong Kong tech hub Cyberport alerts police, privacy watchdog after reports of ransomware attack exposing 400GB of data
Hong Kong tech hub Cyberport has alerted police and the city’s privacy watchdog about a cybersecurity breach after a ransomware group reportedly claimed it had gained access to more than 400GB of ...
“Airwallex for Startups” Launches in Hong Kong to Assist Firms with Business Operations
Airwallex, a global payments and financial platform for modern businesses, today announced the launch of “Airwallex for Startups.” ...
Philippines’ Jollibee to acquire majority share in its Hong Kong franchisee
In a disclosure, JFC said the remaining 40% will still be held by Meko’s shareholders. “Hong Kong is an important market for Jollibee and an important part of JFC China’s strategy to elevate the ...
mm2 Asia invests HK$19 million in Unipact to expand concert business in Asia
MAINBOARD-LISTED mm2 Asia has subscribed HK$19 million (S$3.3 million) of exchangeable bonds issued by Hong Kong concert organiser Unipact Entertainment and Productions to enhance its live ...
Hong Kong Urban Renewal Authority’s HK$3.5 billion deficit revives calls to revise compensation for old flats, engage private sector
Many agree the current compensation rate, equal to the price of a comparable seven-year-old flat, needs changing As the number of old private buildings rises, some suggest incentives to draw private ...
HKEX opens London office, with 31-degree weather and a Hong Kong taxi in tow
London is the latest international office opened by Hong Kong Exchanges and Clearing (HKEX) as it seeks to expand its global footprint.
Hong Kong retail sector must innovate to survive
Hong Kong’s retail sector is showing green shoots. Empty commercial space has fallen to a three-year low of 9 per cent in the second quarter. The hardships endured because of the pandemic may ...