The dismal state puts the HKMA and the city’s banks in a dilemma: whether to extend the interest holiday for the 3,500 businesses that still rely on it for survival, or end the support to bolster ... ( read original story ...)
Hong Kong stocks start slighty higher
HONG KONG: Hong Kong shares opened with minor gains in the first few minutes of Wednesday morning following hefty losses at the start of the week but traders are keeping a nervous eye on the Federal ... ( read original story ...)
Hong Kong could stay COVID hermit until 2024, business body warns
Hong Kong’s zero-tolerance approach to Covid-19 could keep the Asian financial hub cut off from most of the world until 2024 and fuel a large-scale exodus of international workers and executives, ... ( read original story ...)
Hong Kong’s SenseTime opens new data center in Shangai
Hong Kong-based AI company SenseTime has opened a new data center in Shanghai, China. The company this week said its Artificial Intelligence Data Center (AIDC), located in the Lingang New Area of the ... ( read original story ...)
Fighting COVID-19, solemn-faced Hong Kong leader explains maskless appearances
Hong Kong leader Carrie Lam defended herself against criticism on Tuesday (Jan 25) by saying she appears for news conferences without a face mask so that people could see how "solemn" she was when ... ( read original story ...)
Hong Kong has grown more isolated as aviation hub, head of global airline association warns
City’s status as aviation hub has been ‘severely impacted’ by travel restrictions, says Willie Walsh of International Air Transport Association. ( read original story ...)
The Dilemma of Hong Kong’s Fixation on Zero COVID
Hong Kong’s obsession with zero COVID is leading it down unproductive rabbit holes — like hamster culling — rather than finding long-term solutions. ( read original story ...)
Help wanted: talent in IT, corporate sales, business development, banking and finance among most sought after in Hong Kong
Opportunities increased between 35 and 55 per cent in IT, corporate sales and business development, banking and finance postings in 2021 from 2020, with continued growth expected after Lunar New Year. ( read original story ...)
Victoria’s Secret sells stake in China business for $45 million
Victoria's Secret & Co said on Tuesday it will sell a 49% stake in its China business to Hong Kong-based lingerie maker Regina Miracle International Ltd for $45 million in cash, aiming to boost sales ... ( read original story ...)
Why animal owners in Hong Kong are hiring private planes for their pets
Many people who are moving away from the financial capital have been unable to secure flights out of the city for their dogs and cats, leading to online groups where desperate pet parents try to pool ... ( read original story ...)
Hong Kong artists say NFTs are both empowering and challenging as cryptocurrency volatility affects income
Many Hong Kong artists experimenting with NFTs say they like setting their own prices and selling directly to consumers, but some have trouble navigating the digital art landscape. ( read original story ...)
Cyberport houses nearly 60 WealthTech startups offering diverse solutions, helping to promote inclusive wealth management…
According to a market report, the global wealth management software market is anticipated to more than double from nearly $2.5 billion in 2019 to $5.8 billion by the end of 2025. WealthTech can lower ... ( read original story ...)
The fall of cruise company Genting Hong Kong, once poised to greatly benefit from China’s forecast luxury cruising boom
The owner of Dream Cruises, Crystal Cruises, Star Cruises and three shipyards that built cruise liners, Genting was well positioned to profit from China’s cruise holiday boom. Then came Covid-19. ( read original story ...)
Intellect, the mental health startup focused on APAC, raises $10M Series A
Intellect, the Singapore-based mental health startup focused primarily on Asia-Pacific markets, announced today it has raised a $10 million Series A. The company’s services, including self-directed ... ( read original story ...)