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Category: BUSINESS

Posted on 30/05/2023

Hong Kong stocks slide amid cautious sentiment amid US debt-ceiling deal as Chinese shares enter bear market

Hong Kong stocks wavered as sentiment remained cautious while traders watch the fate of the US debt-ceiling deal in Congress this week.

Posted on 30/05/2023

Chinese stocks in Hong Kong briefly slip into bear market as nation’s recovery outlook worsens

The Hang Seng China Enterprises Index (HSCEI), which tracks Chinese companies trading in Hong Kong, briefly slipped into a bear market, as sell-offs in China assets intensified amid mounting worries ...

Posted on 30/05/2023

Hong Kong gloves tycoon pivots to produce Covid-killing reusable masks with lifespan of up to 4 years

Entrepreneur Juliana Lam founded Innotier, whose mask she says can instantly eliminate 99 per cent of the coronavirus and last for up to 200 washes.

Posted on 30/05/2023

Seven plead guilty at start of Hong Kong legislature storming trial

A man sprays paint over the Regional Emblem of Hong Kong after anti-extradition bill protesters stormed the Legislative Council Complex on the 22nd anniversary of the handover from British to Chinese ...

Posted on 30/05/2023

9,500 Hong Kong drivers sign up for scheme to drive in mainland China, nearly 7 times quota limit

Authorities have fixed quota of 200 cars per day in first week and 300 daily in second to ensure smooth start.

Posted on 30/05/2023

Hong Kong’s High Court rejects bid by tycoon Jimmy Lai to drop national security case

The ruling was the second legal setback in two weeks for the tycoon, after the High Court’s chief judge rejected his request to review the ban by the Committee for Safeguarding National Security on ...

Posted on 29/05/2023

Hong Kong media tycoon Jimmy Lai loses bid to terminate national security trial

A Hong Kong Court on Monday rejected an application to terminate a landmark national security trial against media tycoon Jimmy Lai, a case that could see him spend the rest of his life in prison if ...

Posted on 29/05/2023

How can Hong Kong maintain its competitiveness as an international financial center?

Challenged by the complex and volatile external environment and uncertainties, how should Hong Kong plough the waves to maintain its competitiveness as an international financial center? The first ...

Posted on 29/05/2023

Hong Kong start-up wins Elevator Pitch Competition with 3D modelling device for construction projects

Skyland Innovation was crowned the overall champion of HKSTP’s seventh Elevator Pitch Competition, besting over 610 fintech and proptech start-ups from around the world.

Posted on 29/05/2023

How the former boss of Hong Kong stock exchange is helping Macau connect overseas investors to mainland China’s small businesses

Micro Connect, an investment platform co-founded by Charles Li, the former boss of Hong Kong’s stock exchange is helping China’s small businesses raise funds from foreign capital. Here’s how it works.

Posted on 28/05/2023

Hong Kong motorists’ group calls for more vehicles to be allowed to enter mainland China daily under new scheme

Mainland China boosts capacity to inspect vehicles of Hong Kong drivers wanting to travel to Guangdong Call come a day before registration opens for computer balloting for the cross-border driving ...

Posted on 28/05/2023

Hong Kong’s development chief says companies granted land at proposed technopole will be banned from leaving it vacant, arbitrarily selling or changing use

Secretary for Development Bernadette Linn says maximising land premiums is not a top priority for San Tin Technopole Lawmakers and groups voice concerns over regulation of granted land lots, including ...

Posted on 28/05/2023

Number of Hong Kong students at Britain’s independent schools surges nearly fivefold in 2 years

The number of Hong Kong students in Britain’s private independent schools shot up almost five times in two years, as affluent parents chose to pay more for their children’s education.

Posted on 28/05/2023

Hong Kong’s rise as a global dispute resolution centre is due to China’s reforms, Greater Bay Area development, legal expert says

The number of arbitration cases handled in Hong Kong reached 344 last year, an increase of 24 per cent from 2021. The city ranked third worldwide as the most preferred location for resolving disputes ...

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