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Category: BUSINESS

Posted on 07/10/2023

Saudi-backed group’s plan to host event on Hong Kong’s oldest golf course for summit attendees shows economic value of site, club says

Future Investment Initiative Institute will write to government about hosting golfing activities for attendees of PRIORITY Asia Summit, according to club captain Andy Kwok.

Posted on 06/10/2023

MTR Lab and Gobi Partners invest US$5.9 million in Hong Kong construction tech company to drive industry towards greener future

Since construction waste is a significant contributor to landfills in Hong Kong, industry needs to embrace digital transformation and be better prepared for the future, MTR Lab managing director ...

Posted on 06/10/2023

Hong Kong’s CMCC Global Launches $100M to Support Blockchain Startups

CMCC Global raised $100M to offer equity investments to early-stage blockchain startups across Asia with a particular interest in Hong Kong.

Posted on 06/10/2023

Financial Firms Are Flocking to Singapore But Hong Kong Keeps Its Edge

Hong Kong is still the first stop for businesses looking to crack the world’s second-largest economy; Singapore’s economic backyard in Southeast Asia is far smaller.

Posted on 06/10/2023

Hong Kong wealth managers’ gloom spreads with drop in assets as rival Singapore gains

Singapore has been one of the winners as more clients seek to also park their money elsewhere. Read more at straitstimes.com.

Posted on 06/10/2023

How can HK brands leverage the power of ‘Golden Week’ to promote sustainability?

This year’s Golden Week overlaps with the Chinese Mid-Autumn Festival and Hong Kong saw over half a million visitors from mainland China over the past weekend. It’s also one of the first week-long ...

Posted on 06/10/2023

4 Hong Kong universities fall in Times Higher Education global ranking, reversing general upwards trend last year

Four universities in Hong Kong have slipped in a global ranking of the top 100 tertiary institutions compiled by a prominent British-based publication. This marks a reversal of a general upwards ...

Posted on 06/10/2023

Guided by climate science, Hong Kong must come together to meet extreme weather challenge

Climate change, once a term relegated to academic discussions, has made its presence felt in Hong Kong with a ferocity that’s hard to ignore. Global warming is no longer a theoretical scenario ...

Posted on 06/10/2023

Visitors flock to Hong Kong over mainland China’s ‘golden week’ holiday, but retailers say extra people did not mean higher sales

About a million visitors hit city from September 29 to October 4, but tourists offset by 1.4 million Hongkongers who left on holiday over the period Real estate services firm says its survey of ...

Posted on 05/10/2023

Hong Kong crypto VC opens $100M fund for Asian blockchain startups

The crypto fund, named Titan Fund, has already made five investments in different blockchain startups with two going toward Hong Kong-based projects. Hong Kong-based crypto-focused venture capital ...

Posted on 05/10/2023

Hong Kong Tightens Scrutiny of Crypto Exchanges After JPEX Blowup

Hong Kong’s securities regulator and police force set up a task force to assist with the detection of suspicious activity at crypto exchanges, intensifying oversight of the industry after the blowup ...

Posted on 05/10/2023

Hong Kong’s fun factories? Eateries in industrial blocks play cat-and-mouse with law, but operators tout tourism potential

Operators of such businesses say government policy is unclear, following recent enforcement action over lease breaches Supporters argue that such establishments are quaint gems that can draw visitors ...

Posted on 05/10/2023

US startup investors sever ties with China

After venture capital giant Sequoia, GGV has now announced a separation of its Asian business. Escalating tensions between the USA and China are forcing investors to reconsider their strategies.

Posted on 04/10/2023

30 companies pledge to invest HK$30 billion in Hong Kong, helping ‘spur city’s rise’ as I&T hub

Companies will create 10,000 jobs in fields such as life sciences, biotech, fintech, advanced manufacturing and data sciences.

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