Hong Kong’s tax revenue dropped by HK$18.3 billion (US$2.3 billion) to HK$360.2 billion in the last financial year, with the drop blamed on a dampened mood in the property and stock markets which ...
Hong Kong reports Q1 GDP growth after 2022 contraction
Hong Kong's economy grew in the first quarter of 2023, the city's leader said Tuesday, ending a disastrous year-long spell in which the finance hub was effectively closed for business due to pandemic ...
HSBC, DBS, China Citic, other banks offer range of incentives in Hong Kong to entice mainland business during first post-Covid ‘golden week’ holiday
HSBC, DBS, and China Citic Bank International are among the city’s major lenders that have offered a wide range of incentives including extended operating hours at certain branches, with an eye on the ...
Hong Kong economy grows 2.7% in Q1 after disastrous 2022
It ends a year-long spell in which the finance hub was effectively closed for business over pandemic restrictions. Read more at straitstimes.com.
Prop-tech start-up comprising young students wins Hong Kong’s flagship pitch event with 3D modelling device
Skyland Innovation tops finalists to win 7th EPiC pitch event and claim prize of US$90,000 The tech competition attracted a record-high number of entrants, both local and overseas, as Hong Kong tries ...
AI-generated portraits from a Hong Kong start-up offer busy professionals an affordable social media upgrade
Try It On charges US$17 for 100 AI-generated images based on users' photos, which are described as good enough to skip a photo shoot The start-up uses a combination of existing products like Stable ...
Hong Kong’s Number of Crypto-Licensed Fund Managers Remains Small
For the past four years, anyone handling funds with 10% of gross asset value in crypto must upgrade to Hong Kong’s Type 9 license. Instead, only 10 fund managers have chosen to upgrade their license ...
Hong Kong start-ups tap Greater Bay Area opportunities as new centre aims to help businesses integrate
Hong Kong's government is stepping up efforts to help budding entrepreneurs get a foothold in the massive economic zone The GBA Promotion Centre was launched in Guangzhou on Wednesday to help Hong ...
Hong Kong consumption vouchers ‘gone in a flash’ boosting retail and catering sectors but fizzling out fast
Many appear to have spent their vouchers on necessities to help ease financial burden caused by increasing living costs Retailers, restaurants say business improved as vouchers went out, but buzz did ...
Lawmakers Target Hong Kong’s Coercion of U.S. Tech Giants
The city’s authoritarian government has recently been subjecting firms such as Apple and Google to censorship and surveillance demands.
Hong Kong leaps into Top 20 of world’s smartest cities with increased use of tech for health services during Covid pandemic
City is ranked No 19, behind Singapore and Beijing, in global list topped by Zurich, Oslo and Canberra Pandemic saw increased reliance on tech and residents learned to use smartphones in critical new ...
Hong Kong student arrested over online posts made from Japan
TAIPEI--Hong Kong authorities arrested a student over political messages she posted on social media from Japan--the first known enforcement of its controversial National Security Law over ...
An Introduction to Doing Business in Hong Kong 2023 – New Publication from China Briefing
An Introduction to Doing Business in Hong Kong 2023, the latest publication from China Briefing and Dezan Shira & Associates, is out now and available for download through the Asia Briefing ...
EXPLAINER | Why are the US and China fighting over chips?
Microchips are the lifeblood of the modern global economy: the tiny slices of silicon are found in all types of electronics -- from LED lightbulbs and washing machines to cars and smartphones.