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Category: BUSINESS

Posted on 15/03/2023

Hong Kong treasury chief to visit UK and commerce secretary to go to US in first top-level trips to West in 3 years, sources say

Treasury secretary Christopher Hui to go to UK in April and Algernon Yau to visit US in May Visits arranged as city mounts major drive to repair economic damage caused by coronavirus restrictions ...

Posted on 15/03/2023

Hong Kong opens InvestHK office to attract African businesses

The Hong Kong government's foreign direct investment agency InvestHK has opened a representative office in Africa and now has a presence in 33 markets. It is actively building mutually beneficial ...

Posted on 15/03/2023

Hong Kong steps up efforts to attract African start-ups

Asia. Hong is known for its infrastructure, low and simple tax regime, supportive government, and robust legal and regulatory framework.

Posted on 14/03/2023

Hong Kong seeks to fill brain drain gap as locals and foreigners leave city

Things are however looking up for the city as those who left the city look to return following the city's reopening.

Posted on 14/03/2023

What healthcare services do GBA travellers seek from HK?

GBA travellers go to HK due to treatments not being available in Mainland China. Apart from shopping and touring, travellers from the Greater Bay Area also visit Hong Kong to seek medical services, a ...

Posted on 14/03/2023

Kampong Speu governor courts investors in Hong Kong

Kampong Speu provincial governor Vei Samnang has pledged to attract more investment to his province. Samnang announced that he would lead a provincial delegation to Hong Kong later this month to ...

Posted on 14/03/2023

Silicon Valley Bank’s collapse hastens unravelling of long-standing ties between US venture capital and China’s technology start-ups

Silicon Valley Bank's failure appears to have shattered its Chinese clients' belief that their money is bulletproof within the US financial system The likely impact of the US lender's collapse is that ...

Posted on 14/03/2023

Old Hong Kong Values Championed by New Talent in ‘The Remnant,’ HAF Work-in-Progress

Work-in-progress film project “The Remnant” is both a spotlight on those who feel powerless and also a very Hong Kong example of elements of the city pulling themselves up. “The Remnant” is one of ...

Posted on 13/03/2023

Chinese start-ups scramble for alternatives to SVB

Stunned by the sudden collapse of Silicon Valley Bank, the main go-to foreign bank for the majority of Chinese start-ups, entrepreneurs and venture funds are scrambling for alternatives despite U.S.

Posted on 13/03/2023

Hong Kong Firms’ Exposure to SVB Collapse Reaches About $200 Million; HKMA Steps In With Assurance

Beijing-headquartered biotech firm BeiGene, which had about $175 million in deposits at SVB was the worst hit among the Hong Kong-listed companies.

Posted on 13/03/2023

Over a dozen Chinese-based firms say they have minimal exposure to SVB

Over a dozen Hong Kong-listed companies have stepped forward to say they had little or no exposure to Silicon Valley Bank, the failed U.S. lender which has roiled investors and markets globally.

Posted on 13/03/2023

UPDATE 1-Over a dozen Chinese-based firms say they have minimal exposure to SVB

Over a dozen Hong Kong-listed companies have stepped forward to say they had little or no exposure to Silicon Valley Bank, the failed U.S. lender which has roiled investors and markets globally.

Posted on 13/03/2023

Hong Kong’s revival as a global IPO hub faces challenges – and it will be no panacea for the economy

Both Shanghai and Shenzhen have become leading centres for IPO listings, while Switzerland's equity market has also emerged as an attractive option for Chinese companies As a leading international ...

Posted on 12/03/2023

Language barrier hinders Hong Kong startups setting up shop in Korea

Justin Suen Long-kiu's biotech company joined the K-Startup Grand Challenge (KSGC) accelerator program organized by the Korean government to explore markets outside his native Hong Kong. The program ...

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