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Category: BUSINESS

Posted on 04/12/2023

US reducing reliance on China ‘forces Hong Kong exporters to sever some ties’

Hong Kong firms in Vietnam say US asking them to register their company in Singapore, and nominate representative from city state.

Posted on 03/12/2023

Hong Kong-based sustainable materials firms eyeing plastic waste reduction in city struggle to scale up

Two sustainable materials firms in Hong Kong want to contribute to the city’s efforts towards reducing its fossil fuel-based plastic waste, but face challenges in scaling up their business models.

Posted on 03/12/2023

Former official urges Hong Kong to play up strengths

Former Secretary for Transport and Housing Anthony Cheung on Sunday urged Hong Kong to take steps to clear up misconceptions and promote its ...

Posted on 02/12/2023

Hong Kong’s Middle East adventure: will there be gold or just heartache over cultural obstacles and lack of official support?

Government is hoping to tap into wealthy Middle Eastern markets and diversify Hong Kong’s economy after three years of pandemic curbs and uneasy US-China ties.

Posted on 02/12/2023

Hong Kong’s retail sales rise by 5.6% in October amid tourism revival, but industry leader worries Christmas spending will suffer as residents head north

Provisional figures show sales reach HK$33.8 billion, for 11th consecutive month of improvement Hong Kong Retail Management Association's Annie Tse says operators concerned about business over ...

Posted on 01/12/2023

Tencent-Backed AI Drug Discovery Startup Xtalpi Files For Hong Kong IPO

Xtalpi, a Shenzhen-based company which uses artificial intelligence to find chemical compounds that could be developed into new drugs, has filed for an initial public offering in Hong Kong. Xtalpi did ...

Posted on 01/12/2023

China’s A-listers flock to Hong Kong for Pharrell Williams’ fashion show

Some of China’s most popular celebrities and K-drama stars gathered at Louis Vuitton’s first ever fashion show in Hong Kong, as the luxury brand seeks to boost business in the region. Designer ...

Posted on 01/12/2023

Spooked by a falling yuan, yield-seeking mainland Chinese scramble to buy insurance policies in Hong Kong

Sales of policies to mainland visitors hit HK$46.8 billion (US$6 billion) in the nine months to September, compared with HK$1 billion a year ago, according to data from the Insurance Authority.

Posted on 01/12/2023

Why Hong Kong is Becoming a Hotspot for Global FinTech Investments

Are you ready to dive into an electrifying world of finance and technology? Get ready as we unveil the secret behind Hong Kong’s meteoric rise in the global FinTech scene. Brace yourself for a ...

Posted on 01/12/2023

Hong Kong securities association proposes Initial Coin Offering (ICO) mechanism

The Hong Kong Securities and Futures Professional Association has put forth a surprising proposition to revitalize Hong Kong’s economy. In a document released on November 29, the association’s ...

Posted on 01/12/2023

Star Power: Inside Pharrell Williams’ Second Louis Vuitton Show in Hong Kong

The “pre-fall” men's collection lit up the Avenue of Stars, setting a tropical mood for your next summer holiday ...

Posted on 30/11/2023

Hong Kong a step closer to keeping stock and derivatives markets open during typhoons, issues consultation paper on ending shutdowns from July

Bourse operator HKEX has proposed keeping trading going during such adverse weather, a move that could enhance its revenue as well as bolster the government’s tax collections. The plan could come into ...

Posted on 30/11/2023

Hong Kong securities association suggests ICO to boost economy

Meanwhile, Hong Kong authorities are busy setting in place crypto regulations. In November, the local securities regulator laid down the business requirements for offering tokenized securities and ...

Posted on 30/11/2023

Singapore ties with Zurich as world’s most expensive city to live while Hong Kong slips one spot to fifth in latest EIU study

The city state took pole position for the ninth time in 11 years while Hong Kong slipped one notch to rank fifth among 173 countries, according to a study by the Economist Intelligence Unit (EIU).

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