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Category: BUSINESS

Posted on 08/06/2022

Cathay Pacific given access to HK$7.8 billion loan from Hong Kong government for another year

Hong Kong flagship carrier Cathay Pacific Airways on Tuesday said it would be able to access a HK$7.8 billion (US$1 billion) loan facility in the next 12 months after the government extended the ... ( read original story ...)

Posted on 08/06/2022

How 3 insurance professionals have helped Hong Kong tackle challenges such as Covid-19 pandemic

Manulife Hong Kong’s actuary Danny Lee, wealth management manager Winvy Lung and advanced analytics specialist Alex Fung devised new customer offerings and services ... ( read original story ...)

Posted on 07/06/2022

AI-Powered Hong Kong Biotech Startup Raises $60 Million From Top VCs Including B Capital, Qiming

Hong Kong-based biotech startup Insilico Medicine has raised $60 million in Series D funding from investors including Singapore billionaire Eduardo Saverin's B Capital Group, private equity giant ... ( read original story ...)

Posted on 07/06/2022

Exclusive-Citigroup to Hire 3,000 in Asia Institutional Banking Business in Growth Push -Asia CEO

Citigroup Inc plans to hire around 3,000 new staff for its institutional business in Asia in the next couple of years, sharpening its focus in a fast-growing region where it has exited consumer ... ( read original story ...)

Posted on 07/06/2022

Hong Kong landlords and sellers should brace themselves for a more realistic property market in the near term

It now takes 18 minutes to get from Sha Tin to the city’s primary central business district ... For lack of a better word, Hong Kong has entered into a realistic property cycle. Despite rigid ... ( read original story ...)

Posted on 07/06/2022

Tencent-backed Chinese start-up G7 Connect and rival E6 Technology merge to create truck management services giant

The size of China's road freight market, the world's largest, was worth 6.2 trillion yuan (US$933.4 billion) in 2020, according to information provider Chyxx.com About 80 per cent of the country's ... ( read original story ...)

Posted on 07/06/2022

First Mover Asia: When It Comes to Crypto, Hong Kong Isn’t the World’s ‘Freest Economy’; Bitcoin Has a Late Fall

A memo by the city’s securities and futures regulator reminds investors of the risks of NFTs; altcoins surge and then drop. ( read original story ...)

Posted on 06/06/2022

Indonesia Masters: Hong Kong shuttler Lee Cheuk turns to world No 1 Viktor Axelsen to reverse disappointing start to 2022

Lee Cheuk, the No 2-ranked player in Hong Kong has spent the last two weeks in Dubai training with world No 1 Viktor Axelsen. ( read original story ...)

Posted on 06/06/2022

Why it’s time to end the late payment culture to supports startups and SMEs

Startups and SMEs are vital to the UAE economy, but it's time to tackle the culture of late payment, says Justin McGuire, co-founder and CEO – MENA & APAC, DMCG Global Why it's time to end the late ... ( read original story ...)

Posted on 06/06/2022

AWS and HKSTP Announce Strategic Collaboration to Accelerate Innovation and Technology Development in Hong Kong

Amazon Web Services (AWS) and Hong Kong Science and Technology Parks Corporation (HKSTP) announced a strategic collaboration today, aiming to foster a robust Innovation and Technology (I&T) ecosystem ... ( read original story ...)

Posted on 06/06/2022

BYD, Meituan lead Hong Kong stock gains as Beijing rolls back Covid-19 curb while HKEX wobbles on LME lawsuit

Hong Kong Exchanges and Clearing came under pressure as the group ... Beijing will reopen public transport service from Monday and let entertainment facilities resume business in most of its districts ... ( read original story ...)

Posted on 06/06/2022

Developing tomorrow’s tech talents can fuel Hong Kong’s ambitions to become the next Silicon Valley

Teaching computational thinking is essential to supporting I&T development, and the CoolThink@JC programme has been internationally recognised for its design, pedagogical approach and curriculum. ( read original story ...)

Posted on 06/06/2022

Chinese stocks jump in Hong Kong as Beijing rolls back Covid-19 curbs amid recovery signs while HKEX wobbles on LME lawsuit

Chinese stocks advance in early trading as Beijing starts rolling back Covid-19 curbs. Bourse operator HKEX comes under pressure as its LME unit faces a lawsuit in London from metal traders. ( read original story ...)

Posted on 05/06/2022

‘Wherever I am is Hong Kong’: Migrants build a new life in the UK

Smaller crowds gathered in cities around the world — this time mourning not just the people slain 33 years ago, but also the fate of Hong Kong, where the smothering of dissent has put an end to the ... ( read original story ...)

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