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.
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.
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.
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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.
Hong Kong’s Cathay Pacific reports first operating profit since 2019
Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as the airline fights to return to pre-pandemic flight capacity. The company said in its statement ...
SoftBank-Backed CloudMinds Weighs $500 Million Hong Kong IPO
Artificial intelligence-powered robot developer CloudMinds Inc. is considering a Hong Kong initial public offering that could raise as much as $500 million, according to people familiar with the ...
Return of mainland Chinese big spenders buoys Hong Kong businesses, from finance to fortune-telling
More than 1.1 million mainland Chinese visitors arrived in Hong Kong last month - up from 280,525 in January Personal banking, wealth management, beauty services, real estate and fortune-telling all ...
AI levels playing field for startups, Big Tech in Asia
The biggest challenge with artificial intelligence today is how to best use it, and startups will always have the advantage of being able to experiment more freely.