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Category: BUSINESS

Posted on 04/05/2022

Business boom predicted for Hong Kong restaurants with city set to relax dining restrictions ahead of Mother’s Day

Hong Kong restaurants could regain 70 per cent of the business they had before the Covid-19 pandemic this weekend, an industry leader has said, as family dinner and birthday bookings surged in ... ( read original story ...)

Posted on 03/05/2022

Hong Kong Q1 GDP Shrinks More Than Expected on COVID Curbs

Hong Kong's economy contracted in the first quarter of this year as the city imposed its most stringent restrictions to curb an outbreak of COVID-19 that has battered business, led to an exodus of ... ( read original story ...)

Posted on 03/05/2022

HSBC faces call to spin off Asia business with Hong Kong listing

Global banking group HSBC is under mounting pressure as Ping An argued that an independent Asia business listed in Hong Kong would have higher profitability, lower capital requirements and more ... ( read original story ...)

Posted on 03/05/2022

How a digital revolution is redefining the way property owners design, operate and manage real estate in Hong Kong

According to a McKinsey report, existing buildings account for around 7 per cent of global CO2 emissions. In Hong Kong, a recent study found that because of its unique, high-density, built environment ... ( read original story ...)

Posted on 03/05/2022

Hong Kong plummets towards bottom of press freedom ranking

Hong Kong, a regional media hub for both international and local media, has been steadily slipping down the table under Chinese rule. In the last year alone it has plunged 68 places to 148th, ... ( read original story ...)

Posted on 30/04/2022

Hong Kong virtual banks target billion-dollar wealth management fees as HSBC, Chinese banks slip up

That is double the volume at the end of 2019, underscoring the potential in the business through digital platforms. Hong Kong's multimillionaire population dropped 15 per cent last year as stock ... ( read original story ...)

Posted on 30/04/2022

As world tourism starts to recover, where does that leave Hong Kong?

A McKinsey report on China tourism agreed that Chinese tourists ... we lack any plausible force to bring life back to our tourism economies. Meanwhile, here in Hong Kong, the very lifeblood of our ... ( read original story ...)

Posted on 30/04/2022

Where in the world do Chinese travellers feel safest?

More Chinese media attention on outbreaks in Hong Kong and on the mainland and fewer stories about ... Chinese travellers want to collect moments, not thingsLatest McKinsey survey indicate that ... ( read original story ...)

Posted on 29/04/2022

Hong Kong’s next leader John Lee vows to restore business hub

Hong Kong's next leader unveiled a manifesto on April 29 vowing to restore the business hub to its former glory but would not be drawn on when the city might discard zero-COVID controls that have left ... ( read original story ...)

Posted on 29/04/2022

Coronavirus: Hong Kong to ease quarantine period for passenger aircrew to 3 days from May 1, provide more hotel rooms for isolation purposes

Hong Kong’s flagship carrier Cathay Pacific Airways welcomed the eased requirements, saying it would resume more passenger and cargo flights. Denise Tsang is an award-winning journalist, with her ... ( read original story ...)

Posted on 29/04/2022

Hong Kong’s leadership candidate pledges to save city’s competitiveness

HONG KONG, April 29 (Reuters) - Hong Kong's sole candidate to become ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to ... ( read original story ...)

Posted on 29/04/2022

Superloop takes in $140m from Hong Kong, Singapore asset selloff

The sale of Superloop (Hong Kong) Limited and select assets from Superloop (Singapore ... "Our intent remains to deploy this capital to grow the business aggressively, across all three market segments ... ( read original story ...)

Posted on 29/04/2022

Hong Kong-South Korea economic ties set for a ‘boost’ under world’s largest trade pact

Trade between South Korea and Hong Kong is expected to accelerate if the city successfully joins the RCEP trade pact, despite recent concern over its anti-pandemic controls and political situation. ( read original story ...)

Posted on 28/04/2022

Hong Kong actor Kenneth Tsang dies in quarantine hotel

Veteran Hong Kong actor Kenneth Tsang has died while in a COVID-19 quarantine hotel in the southern Chinese city, local media reported. ( read original story ...)

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