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Category: BUSINESS

Posted on 27/02/2022

Richard Li’s FWD could file for US$1 billion Hong Kong IPO as early as Monday

FWD Group Holdings, the Asian insurer backed by Hong Kong billionaire Richard Li Tzar-kai, is close to filing an application for an IPO in the city this year, according to people familiar with the ... ( read original story ...)

Posted on 27/02/2022

Hong Kong Tycoon’s FWD Is Said to Near Filing for $1 Billion IPO

FWD Group Holdings Ltd., the Asian insurer backed by Hong Kong billionaire Richard Li, is close to filing an application for an initial public offering in the city this year, according to people ... ( read original story ...)

Posted on 27/02/2022

Alibaba Ticks Up in Hong Kong Despite Profit Slump, Slowest Quarterly Revenue Growth Since IPO

Alibaba Group Holding’s Hong Kong-listed shares inched up despite the Chinese e-commerce giant reporting a plunge in profit and the slowest increase in quarterly revenue since going pubic in 2014. ( read original story ...)

Posted on 27/02/2022

Coronavirus: Cafe de Coral among Hong Kong restaurants set to suspend dine-in services as eateries struggle amid outbreak

Cafe de Coral managing director says 163 fast food outlets and 42 Super Super Congee and Noodles stores will stop providing dine-in services from March 1 Number of restaurants opting to suspend ... ( read original story ...)

Posted on 27/02/2022

How does Hong Kong’s ‘Leave Home Safe’ stack up against global contact-tracing apps in keeping track of Covid-19 infections?

These apps have become essential for many people to safely carry on outside their homes, while observing social-distancing rules. ( read original story ...)

Posted on 27/02/2022

Curb your enthusiasm, kiddo: younger members of Hong Kong advisory bodies find it hard to break through risk-averse bureaucratic culture

Scheme encourages ‘young elites’ to step forward, but many bodies still do not have members under the age of 35. ( read original story ...)

Posted on 26/02/2022

Meet the young luxury watch collectors driving Hong Kong’s NFT frenzy

Gen Z and millennial luxury watch collectors in Hong Kong follow the lead of social media influencers betting big on NFTs A Monkey Kingdom NFT sold for more than US$148,000 in December, higher than ... ( read original story ...)

Posted on 26/02/2022

Startup carrier unfazed by Hong Kong aviation ‘lockdown’

Hong Kong International Airport, previously one of the busiest in the world, is eerily quiet these days as government flight bans and quarantine restrictions have choked off most passenger services. ( read original story ...)

Posted on 26/02/2022

The real problem with Hong Kong’s Covid-19 strategy? Insufficient alignment with mainland China’s model

Readers call for a more effective adherence to the mainland strategy of responding to outbreaks, the release of even more data on infections, and mandatory vaccination rather than mass testing Feel ... ( read original story ...)

Posted on 26/02/2022

Coronavirus: Hong Kong could bring in mainland Chinese butchers to ensure continued supply of fresh food, livestock after outbreak at abattoirs

Sheung Shui slaughterhouse and its smaller Tsuen Wan rival to shut down temporarily on Saturday for disinfection after 183 out of 866 samples tested positive for Covid-19 Butchers lament they have to ... ( read original story ...)

Posted on 25/02/2022

Hong Kong’s new Covid-19 cases top 10,000 in spiralling outbreak

Hong Kong on Friday reported another sharp jump in new Covid-19 cases to more than 10,000 in the latest 24-hour period as it battles its worst outbreak of the pandemic. ( read original story ...)

Posted on 25/02/2022

In Hong Kong, Sustainable Businesses Create a Culture of Care

Seeking sustainability even in entrepreneurial endeavours is not exactly a new concept — especially in Hong Kong, where the government has drawn up plans of achieving zero-net emissions by the year ... ( read original story ...)

Posted on 25/02/2022

Vaccine pass already hurting business at struggling Hong Kong restaurants just hours after launch, industry representative says

The launch of the government’s vaccine pass scheme has proved to be yet another blow to Hong Kong’s already struggling restaurants, with one industry representative reporting an immediate drop in ... ( read original story ...)

Posted on 25/02/2022

Spooked by pandemic situation: Hong Kong’s compulsory Covid-19 testing, tough rules push some expatriates to leave

News of British mum separated from baby in hospital alarms expatriate families with young children Those eager to leave are finding it hard to get flights, prices of air tickets have shot up too After ... ( read original story ...)

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