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.
Hong Kong will bounce back ‘differently’ to regain role as international finance centre, says Asian chief of Italian asset manager
With Hong Kong lifting its mask mandate last week, the government is pushing ahead with campaigns to attract financiers, professionals and businesses Sean Debow is co-author of the book Rise From ...
Happy Hong Kong? Look to wonton soup for the soul and small businesses
Organising a series of food fairs is a good starting point but insufficient to make up for all Hong Kong has lost over the past three years The city's happiness lies not in hosting large-scale ...
Hong Kong ends world’s last COVID-19 mask mandate
In a move designed to attract more visitors and business and restore normality after more than three years of COVID-19 restrictions, Hong Kong's chief executive John Lee said the financial hub ended ...