A rally in technology stocks pauses as traders await a slew of corporate earnings from the sector. Reports from Xiaomi and Kuaishou could test the strength of market rebound. ( read original story ...)
Customs smashes Hong Kong money-laundering ring accused of smuggling HK$170 million over world’s longest sea crossing
Hong Kong customs officers have broken up a money-laundering ring accused of smuggling HK$170 million (US$21.8 million) in criminal proceeds out of the city over three months via the world’s longest ... ( read original story ...)
European business leaders say quarantine measures could harm HK’s international business hub status
The European Chamber of Commerce in Hong Kong has urged the government to open the city after it tightened its quarantine measures in mid-August. This comes as the group feels the tightened measures ... ( read original story ...)
HK CE Carrie Lam urges private sector employers in Hong Kong to require vaccinations for employees
The CE said: "If they want a very strong and clear message from the Government, I'm now giving that very strong signal and message that they should move into the situation of requiring their employees ... ( read original story ...)
China’s new data privacy law will create fresh challenges for Hong Kong businesses: former privacy chief
Beijing's new data privacy law will affect Hong Kong businesses and how they handle mainland consumer data, possibly requiring them to hire specialist agencies or compliance officers to manage ... ( read original story ...)
Hong Kong lawyers attacked by pro-Beijing media defeated in heated Law Society poll
Five candidates pledging "professionalism" over politics swept an election for Hong Kong's Law Society council early Wednesday, shattering the hopes of a camp that wanted tougher action to defend the ... ( read original story ...)
Singapore narrows gap with Hong Kong in terms of prime office rents and prices, as Chinese tech giants expand in Lion City
Singapore's office property market is gradually catching up with that of Hong Kong, the Lion City's rival business hub, in terms of rents and prices, with Chinese technology giants such as Alibaba ... ( read original story ...)
Hong Kong’s Hang Seng index jumps more than 2% as optimism rises on Pfizer vaccine approval
Pfizer and BioNTech's Covid-19 vaccine became the first in the U.S. on Monday to be granted full approval by the Food and Drug Administration. ( read original story ...)
Hong Kong Market surges 2.5%
At closing bell, the benchmark Hang Seng Index rose 2.46%, or 618.33 points, to 25,727.92, adding to a 1.1% on Monday. The Hang Seng China Enterprises Index added 3.21%, or 283.12 points, to 9,098.68. ( read original story ...)
Tech stocks surge in Hong Kong with market recovery gaining traction as buyers scoop up bargains
Sentiment on tech stocks continues to improve after mainland funds returned on Monday. All eyes are on more corporate earnings this week as traders seek clues on the impact of China’s regulatory ... ( read original story ...)
The Hongkong and Shanghai Banking Corporation Limited – Update
The Hongkong and Shanghai Banking Corporation Limited's (HKSB) 1H21 results underpinned its position as the largest profit con ... ( read original story ...)
GIC invests in Hong Kong-based data start-up MioTech
The funding will be used to expand and accelerate MioTech's product development.. Read more at straitstimes.com. ( read original story ...)
Hong Kong’s role in opening China’s economy to the world ‘not replaceable’, key Beijing official assures investors
Hong Kong's role in the opening of China's economy to the world is "very special" and can never be replaced, a senior Beijing official has said, while also urging the city to be more proactive in both ... ( read original story ...)
Revenue-based financing firm pumps $120k into Malaysian green ecommerce firm
Poptron’s latest fund raise follows its previous US$1 million seed round. It now looks to enter the Singaporean market with sustainable products to offer. ( read original story ...)