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Category: BUSINESS

Posted on 21/06/2023

Hong Kong remains one of world’s most competitive economies: Report

Among the four competitiveness factors in WCY 2023, Hong Kong continues to rank second globally in terms of government efficiency, and its ranking in infrastructure also improved. Hong Kong continues ...

Posted on 21/06/2023

Hong Kong handover anniversary: 1,000 food spots to dish out discounts on July 1, expect up to 20 per cent boost in business

Restaurant patrons will only have to pay 71 per cent of price on July 1 as part of wider celebrations to mark anniversary Food and catering sector hopes anniversary will deliver shot in arm, says ...

Posted on 21/06/2023

Payments startup picks up Wirecard’s pieces to enter Asia Pacific

NomuPay has acquired parts of the disgraced processor that could help it overcome the barriers of entry to the lucrative market.

Posted on 20/06/2023

Japanese consulate slams Hong Kong minister over accusations dumping nuclear waste water would violate international law

The Japanese consulate in Hong Kong has hit back at accusations by the city’s environmental minister that the country’s plan to discharge radioactive waste water into the sea around Fukushima ...

Posted on 20/06/2023

Xpeng seeks to be first major Chinese EV maker to launch right-hand drive cars as it targets Hong Kong market

The Chinese electric vehicle start-up is setting its sights on Hong Kong with plans to launch a right-hand drive model in the city next year to compete against well established rivals like Tesla.

Posted on 20/06/2023

Chinese Logistics Entrepreneur Becomes A Billionaire As His J&T Express Gears Up For Hong Kong IPO

Jet Li, who founded delivery firm J&T Express in Indonesia but is now expanding aggressively in his homeland China, has become a billionaire as the company prepares for an initial public offering in ...

Posted on 20/06/2023

DBS survey: 93% of Hong Kong SMEs acknowledge the importance of digitalisation but 57% see funding as a major challenge

HONG KONG SAR - Media Outreach - 20 June 2023 - DBS Hong Kong's new survey with the city's small and medium enterprises (SMEs) reveals 93% of the community believes digitalisation is important to ...

Posted on 20/06/2023

BitValue Capital Drives Hong Kong’s Web3 Development: Fostering Innovation and Supporting Startups in the Global Hub of Finance and Technology

Hong Kong is one of the largest financial centers in Asia and a leading global hub for technology innovation. In this international and open environment, an ...

Posted on 19/06/2023

Hong Kong says Cyberport attracted 150 Web3 firms in a year

The country’s Financial Secretary says state funding and support have helped draw Web3 innovators to the digital hub.

Posted on 19/06/2023

Hong Kong and UAE central banks explore closer financial ties to promote investments

Bye to the West? Hong Kong banking on Gulf business diversification HKEX CEO Nicolas Aguzin and chairwoman Laura Cha Shih May-lung have also undertaken several trips to Middle East this year to ...

Posted on 19/06/2023

AstraZeneca Drafts Plan to Spin Off China Business, FT Says

AstraZeneca Plc has drawn up plans to spin off its China business and list it separately in Hong Kong, the Financial Times reported, citing people familiar with the talks.

Posted on 19/06/2023

McDonald’s worker arrested in Hong Kong after allegedly attacking manager with 2 knives in restaurant

Hong Kong police have arrested a McDonald’s worker after he allegedly attacked a manager with two knives at a restaurant in Western district, leaving him in critical condition. A picture circulating ...

Posted on 19/06/2023

AstraZeneca Planning China Business Spin off -FT

Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong is being viewed as an option, the Financial Times reported on Sunday. "A separation ...

Posted on 19/06/2023

Hong Kong is under unfair attack from Europe and the US

Criticism of city's record on rights and human trafficking is politically motivated, as anyone who comes here for business or pleasure can see for themselves Hong Kong has cemented its role as a ...

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