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Category: BUSINESS

Posted on 14/05/2023

AI-powered start-ups gain interest among investors who want to harness tech, offer solutions for mass market

Ivan Lau, the CEO of Pantheon Labs, which received funding from Gobi Partners in late 2022, said he has seen an "explosion of interest in his technology in the last month". The Hong Kong-based ...

Posted on 14/05/2023

Hong Kong may issue retail bonds to fund part of HK$580 billion artificial islands project off Lantau, finance chief says

Financial Secretary Paul Chan says land sale potential of reclamation project exceeds total cost and private market should be tapped to generate some funding Government must move 'full speed ahead' on ...

Posted on 14/05/2023

Vendors expecting drop in business this Mother’s Day

Hong Kong's families are marking Mother's Day on Sunday, though flower sellers say the festival isn't bringing the traditional big boost in sales.

Posted on 13/05/2023

US-China war unlikely, but Hong Kong should be prepared to be ‘sandwiched’, ‘kicked around like a football’ for next decade amid tensions

Former president of the UN Security Council Kishore Mahbubani gives his take on city's political reality at forum by Singapore Chamber of Commerce He also warns that city should shore up US business ...

Posted on 12/05/2023

Goldman Sachs created an A.I.-powered social media startup for corporate use

Under CEO David Solomon, Goldman has sought to speed up its digital makeover by hiring Google and Amazon executives and asking employees to pitch startup ideas.

Posted on 12/05/2023

Hong Kong stocks snap three-day streak of declines as JD.com’s robust results boost sentiment

Stocks rose for the first time in three days as strong earnings from JD.com countered weak US job data that pointed to cooling economic activity.

Posted on 12/05/2023

Late Hong Kong tycoon Henry Fok praised on centenary of his birth for ‘combative’ spirit by senior Chinese Communist Party figure

Shi Taifeng, member of party's top policymaking body, addressed event in Beijing marking what would have been businessman's 100th birthday Henry Fok was regarded as trusted confidant of many Chinese ...

Posted on 12/05/2023

Hong Kong unsafe for business, warns son of jailed media boss

HONG KONG -- The son of imprisoned Hong Kong media tycoon Jimmy Lai has warned multinational corporations that it is unsafe to conduct business in the Asian financial center amid China's relentless ...

Posted on 12/05/2023

Hong Kong ‘not a safe place to do business,’ son of jailed media boss warns U.S. lawmakers

HONG KONG -- The son of imprisoned Hong Kong media tycoon Jimmy Lai has warned multinational corporations that it is unsafe to conduct business in the Asian financial center amid China's relentless ...

Posted on 12/05/2023

Google’s ChatGPT rival Bard is still missing in Hong Kong after opening up to 180 countries and territories

Google ended most limitations on the use of its generative AI bot Bard on Wednesday, but Hong Kong did not make the cut of supported territories.

Posted on 12/05/2023

No more business as usual in Hong Kong, son of jailed media boss warns U.S. lawmakers

Sebastian Lai, who lives in the U.K., delivered testimony at a U.S. congressional hearing Thursday on Hong Kong's political prisoners and legal system, discussing his father's imprisonment and the ...

Posted on 12/05/2023

China Commission To Call Out Hong Kong Judges

TikTok has three times interrupted or shut down content on an account airing a powerful documentary about Jimmy Lai, the Hong ...

Posted on 12/05/2023

A winner has emerged in the old rivalry between Singapore and Hong Kong

Its strict “zero-covid” policy, mimicking mainland China, undermined its standing as an international financial centre. Like the mainland, Hong Kong bungled, failing to vaccinate the old quickly ...

Posted on 11/05/2023

Hong Kong stocks struggle for direction after China’s inflation data points to sluggish post-Covid recovery

Chinese consumer prices rose by 0.1 per cent year on year in April, the least in more than two years, showing post-Covid recovery remains sluggish.

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