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Category: BUSINESS

Posted on 20/10/2023

Hong Kong exchange operator’s Q3 profit rises 30% on investment funds gain

HONG KONG’S bourse operator on Friday (Oct 20) reported a 30 per cent jump in third-quarter profit, propelled mainly by higher net investment income from its managed funds, while trading remained ...

Posted on 20/10/2023

The night route to Hong Kong’s post-pandemic recovery

Lifting the night economy to accelerate Hong Kong's post-pandemic recovery requires a comprehensive master plan that offers a long-term sustainable development path for the industry, according to ...

Posted on 19/10/2023

Hong Kong sticks a fork in disposable plastic products from Earth Day 2024

The city will implement a blanket ban on the sale and provision of various plastic products in 2024. Read more at straitstimes.com.

Posted on 19/10/2023

Hong Kong’s Stock Market Is Withering. China’s the Issue.

As Hong Kong’s shriveling stock market continues to shed billions in liquidity and trading volumes fall, even the bears are wondering if things have hit bottom. Until recently, the city’s exchange had ...

Posted on 19/10/2023

Hong Kong Investors Lose Faith In Crypto After JPEX Scandal: Survey

The JPEX scandal's fallout saw a 5% dip in future crypto investment interest, now standing at 20%. There has been a 12% increase in individuals preferring to steer ...

Posted on 18/10/2023

Hong Kong sticks a fork in disposable plastic products

Need a plastic fork at a Hong Kong restaurant? Come April 22, Earth Day, customers will have to start reaching for more eco-friendly cutlery, according to a bill passed Wednesday by the city's ...

Posted on 18/10/2023

Hong Kong employees get highest salary increases in Greater Bay Area this year but trend unlikely to continue over long-term

Hong Kong pay increases ranged from 3.2 to 3.8 per cent, higher than Macau at between 1.9 and 2.7 per cent, but financial hub also had high staff turnover Experts say figures are down to mainland ...

Posted on 18/10/2023

UBS Launches Digital Platform for Structured Products in Asia

UBS Global Wealth Management has gone live with a digital platform for structured products in Singapore and Hong Kong, providing customers in the two locations with access to a wide selection of ...

Posted on 18/10/2023

BC Technology denies it is selling OSL crypto exchange as stock plummets amid challenges for Hong Kong licensing

BC Technology has rejected a report that it is looking to sell OSL, one of two licensed Hong Kong crypto exchanges and the firm’s main revenue source.

Posted on 18/10/2023

Hong Kong open for investment, Chief Executive John Lee tells belt and road entrepreneurs at high-powered Beijing conference

John Lee tells entrepreneurs from around the globe at Beijing conference to set up in city to tap into the belt and road international trade strategy.

Posted on 17/10/2023

Chinese AI startup Baichuan raises $300 million from Alibaba, Tencent, others

HONG KONG/BEIJING (Reuters) -Chinese artificial intelligence (AI) startup Baichuan has raised $300 million from investors including Chinese tech giants Alibaba and Tencent, it said on Tuesday. The ...

Posted on 17/10/2023

Xpanceo, a deep tech startup, raises $40M to focus on smart contact lenses

Today a deep tech startup called Xpanceo is announcing $40 million in funding from a single investor, Opportunity Ventures in Hong Kong, to pursue its take on one of the possible answers to that ...

Posted on 16/10/2023

JUMPSTARTER 2023 Tech by the Harbour to Unveil in Hong Kong This November

Tech by the Habour to showcase startups through virtual reality, light and shadow, and robotics ...

Posted on 16/10/2023

J&T Global Express Eyes $500.97M in Hong Kong IPO Amid Challenges

In the bustling streets of Jakarta, a courier from J&T Global Express weaves through the dense traffic, his motorcycle laden with packages. These riders, a lifeline in the ever-expanding realm of ...

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