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Category: BUSINESS

Posted on 04/07/2023

Hong Kong May retail sales rise 18.4%, sixth month of growth

Hong Kong's May retail sales rose 18.4% from a year earlier thanks to the revival of inbound tourism and positive consumption sentiment, government data showed on Monday.

Posted on 04/07/2023

S’pore start-up Al Rudder uses AI to help firms bridge language barrier with global customers

Its voice AI assistants can understand and speak more than 16 languages with regional accents and dialects in Asean. Read more at straitstimes.com.

Posted on 04/07/2023

Hong Kong office rents and rental values expected to decline further amid uncertainties about global, Chinese economies, analysts say

Hong Kong’s office rents and rateable values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and downsizing by firms, analysts say.

Posted on 04/07/2023

China Life expanding services to take advantage of huge sales market after border reopening

China Life, the country’s largest life insurer, is exploring ways to upgrade services for mainland clients, driven by the exceptionally strong sales market as borders reopened and mainlanders return ...

Posted on 04/07/2023

Hong Kong stocks rise 2%, leads gains in Asia as investors digest private surveys on factory activity

Private surveys for factory activity in Japan, South Korea, Taiwan and India will be released today as well as Thailand, Indonesia, Malaysia, the Philippines and Vietnam. In Japan, the Nikkei 225 is ...

Posted on 03/07/2023

BSF Enterprise forms subsidiary with a new office in Hong Kong

(Alliance News) - BSF Enterprise PLC on Monday said it has formed a new subsidiary called BSF Enterprise (Hong Kong) Ltd and opened a new office in Hong Kong. Shares in BSF Enterprise were up 5.1% to ...

Posted on 03/07/2023

Saudi Seeks To Deepen China Tech Ties Through Hong Kong ‘Innovation Bridge’

Saudi's ICT Minister Abdullah Alswaha said there was an opportunity "to build an innovation bridge to leap farther into the future with an innovation-based economy." ...

Posted on 03/07/2023

Hong Kong launches task force to promote blockchain initiatives, developments

The task force comprises 11 members from government agencies and 15 advisory members from business and industry to provide recommendations on “the sustainable and responsible development of Web3 in ...

Posted on 03/07/2023

BRIEFS: Faltering Chinese Recovery Leaves Hong Kong Short of IPOs, But Hope Remains

Persistent Sino-US animosity has also prompted wary Chinese businesses to opt for a mainland listing, undercutting a lucrative portion of IPO activities once dominated by the Asian financial hub and ...

Posted on 03/07/2023

Hong Kong dining discounts not to everyone’s taste but Chinese restaurants report brisk business on handover anniversary

Some patrons were unaware of the discounts, while others say they were a pleasant surprise, but did not make much of a difference.

Posted on 02/07/2023

REPT’s $1 Billion IPO Leads Wave of Auto Startup Filings in Hong Kong

A clutch of Chinese automotive startups have filed for initial public offerings in Hong Kong, as the financial hub looks to turn the page on a disastrous first half of the year for debuts.Most Read ...

Posted on 02/07/2023

REPT’s US$1 billion IPO leads wave of auto startup filings in Hong Kong

A CLUTCH of Chinese automotive startups have filed for initial public offerings (IPOs) in Hong Kong, as the financial hub looks to turn the page on a disastrous first half of the year for debuts. Read ...

Posted on 02/07/2023

Green jeans: Hong Kong maker says global brands improving sustainability, but circular denim lifecycle far from sewn up

Efforts by global fashion brands to make denim clothing more sustainable have borne fruit, but the ultimate goal of full circularity remains in the distance, according to Hong Kong apparel maker ...

Posted on 01/07/2023

Giant ducks were supposed to lift spirits in Hong Kong, then one of them deflated

Officials in the Chinese territory are trying to promote a “Happy Hong Kong,” but not everyone is in the mood amid a continuing government crackdown.

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