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Category: BUSINESS

Posted on 12/03/2023

Resorts World sees quick recovery for Hong Kong’s passenger cruise market as it eyes local, mainland tourists

Resorts World launched the maiden voyage of the 13-deck Resorts World One from its home port of Kai Tak Cruise Terminal in Hong Kong on Friday; The return of mainland Chinese tour ...

Posted on 11/03/2023

Snap happy: Hong Kong’s multimillion-dollar pre-wedding photo business clicks back into gear after big-day Covid delays

After Covid-19 played havoc with marriage plans, photographers across the city are back in business, big-style When Hong Kong celebrity couple Carlos Chan and Shiga Lin announced they would wed on ...

Posted on 10/03/2023

AIA looks past biggest profit slump in a decade, banking on Hong Kong’s reopened borders to lift insurance sales

AIA's 2022 net profit tumbled 96 per cent to US$282 million, or US$2.36 per share, missing analysts estimates Sales jumped in the first two months, as a million mainland Chinese travellers poured ...

Posted on 10/03/2023

Hong Kong cruises into future with arrival of Resorts World One with 150 calls from ships from 16 companies to come

Cruise ship to set off for inaugural tour from Hong Kong on Friday evening, with nearly 3,000 passengers and crew on board High airfares and limited capacity provide an opportunity for cruise sector ...

Posted on 10/03/2023

Hong Kong’s post-pandemic recovery trend is ‘encouraging’: MTR CEO

Hong Kong's railway ridership sees a 'fast recovery' as the city reopens boarder with Mainland China after three years of pandemic, says MTR CEO Jacob Kam.

Posted on 10/03/2023

Hong Kong Welcomes Back Visitors with its Largest Events Line-up Since Reopening

All eyes are on Hong Kong in March as the city hosts a line-up of mega events while ending pandemic restrictions.

Posted on 10/03/2023

Hong Kong’s property recovery is as chaotic as its reopening

As Hong Kong’s commercial landlords and real estate agents are finding out, a border reopening and the return of Chinese visitors do not necessarily spell a universal boom to the city.

Posted on 09/03/2023

What is Hong Kong’s allure for China’s tourists? Financial service, vaccines, healthcare make up for what luxury shopping once offered, McKinsey says

While 85 per cent of travellers polled by McKinsey & Co cited shopping and sightseeing as reasons for visiting Hong Kong, many added finance and healthcare to their lists Mainland China's visitors are ...

Posted on 09/03/2023

Hong Kong MTR Corporation’s profits rise to HK$9.8 billion for 2022, up 2.9 per cent, but Covid-19 fifth wave hammers recurrent business

Rail giant's recurrent business dealt a heavy blow by the pandemic, with profits down 91.3 per cent year on year to HK$157 million for 2022 CEO Jacob Kam sees light at the end of the tunnel in terms ...

Posted on 09/03/2023

Greater Bay Area residents keen to visit HK: survey

A global consulting firm on Thursday said there is strong demand from Greater Bay Area residents to visit Hong Kong now Covid restrictions have been ...

Posted on 09/03/2023

Biden Extends Hong Kong DED Eligibility Until 2025

Hong Kong activists living in the United States in Deferred Enforced Departure (DED) status worried about whether their DED extended beyond the February 5, 2023, deadline. On January 26 ...

Posted on 09/03/2023

Hong Kong start-up Pantheon Lab is building digital human avatars for clients in the city amid generative AI boom

The start-up is working with, and looking to take on, more enterprise clients in Hong Kong including banks, restaurant chains and beauty products Pantheon Lab uses its own face shifting and lip ...

Posted on 09/03/2023

Hong Kong’s New Normal Isn’t Fooling Anyone

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Hong ...

Posted on 08/03/2023

SoftBank-Backed Startup Ziroom Is Said to Mull $1 Billion HK IPO

Chinese home rental platform Ziroom Inc. is considering a Hong Kong initial public offering that could raise about $1 billion as soon as this year, according to people familiar with the matter.

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