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Category: BUSINESS

Posted on 24/10/2023

From Hong Kong to Japan, start-up Rice Robotics brings ‘friendly’ AI bots to the service sector

Hong Kong start-up Rice Robotics has deployed a fleet of ‘friendly’ AI-powered robots in the Citic Tower skyscraper, as the city plays catch-up with Japan and South Korea in automation.

Posted on 23/10/2023

Hong Kong police hunt for trio over wounding of man at restaurant in central business district

Officers arrived at restaurant on Wellington Street in Central at around 4pm after receiving report of victim being attacked by three men.

Posted on 23/10/2023

Hong Kong real estate investments continue to disappoint in Q3

Q3 recorded HKD5.3b worth of transactions in Q3, the third lowest investment quarter since 2013. Despite a growth of 93% QOQ from Q2’s extremely low base, the investment volume of HKD5.3 billion in Q3 ...

Posted on 23/10/2023

Teenage entrepreneur selling mystery football shirts sees surge in Hong Kong sales, now looking to market in the city

Louis Jones runs a sports merchandise business with a unique concept, giving football fans an opportunity to buy mystery shirts from clubs around the world.

Posted on 23/10/2023

To support Hong Kong’s disadvantaged groups, companies should do more than just give money: Wharf chairman

Establishing a two-way dialogue between businesses and the recipients of help is crucial for both societal welfare and mitigating talent-related difficulties in the city, Stephen Ng says.

Posted on 21/10/2023

Does Hong Kong need expats back? Absolutely – foreign talent enhances our competitiveness, and diversity makes our city better

The government's efforts to attract back expatriates under various talent schemes after so many left the city have not been very effective We need to understand the fundamental reasons behind the slow ...

Posted on 21/10/2023

Hong Kong’s ‘immigrant DNA’ allows city to thrive as ‘super-connector’, seminar celebrating SCMP’s 120th anniversary hears

Hong Kong’s edge as Asia’s ‘super-connector’ with the world, combined with its resilience and adaptability, place the city in position to thrive in an uncertain world, said guests and panellists at a ...

Posted on 21/10/2023

Hong Kong police arrest 63 people in crackdown on triad-run businesses offering illegal gambling, drugs

Police arrest 51 suspects in raid on illegal mahjong parlour based out of 1,500 sq ft flat fitted with soundproofing materials.

Posted on 20/10/2023

Alibaba, Tencent and other major Chinese backers invest US$342 million in start-up Zhipu AI as this tech sector sees increased funding

Zhipu AI's other investors included Ant Group, Meituan, Xiaomi and HongShan, the Chinese venture capital firm spun off from the former Sequioa Capital The start-up's valuation already reached US$1 ...

Posted on 20/10/2023

Hong Kong police arrest 63 people in crackdown on triad-run businesses offering illegal gambling, narcotics

Police arrest 51 suspects in raid on illegal mahjong parlour based out of 1,500 sq ft flat fitted with soundproofing materials, including two alleged venue operators Officers also arrest suspected ...

Posted on 20/10/2023

New group in Hong Kong to promote China overseas, political pundit says, after top official calls on body to tap global networks

Hong Kong China Friendship Association held inauguration event on Thursday, with director of Beijing's liaison office Zheng Yanxiong and city leader John Lee attending Think tank consultant Lau ...

Posted on 20/10/2023

UPDATE 1-Hong Kong exchange operator’s Q3 profit rises 30% on investment funds gain

Hong Kong's bourse operator on Friday reported a 30% jump in third-quarter profit, propelled mainly by higher net investment income from its managed funds while trading remained subdued due to a ...

Posted on 20/10/2023

Hong Kong Exchanges & Clearing Third-Quarter Profit Rose 30% — Update

By Sherry Qin Hong Kong Exchanges & Clearing's third-quarter net profit saw steady growth, supported by higher net investment income. The ...

Posted on 20/10/2023

Hong Kong exchange operator’s Q3 profit rises 30% on investment funds gain

HONG KONG’S bourse operator on Friday (Oct 20) reported a 30 per cent jump in third-quarter profit, propelled mainly by higher net investment income from its managed funds, while trading remained ...

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