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Category: BUSINESS

Posted on 03/12/2025

Business as usual? Hong Kong goes ahead with elections just days after deadly fire that killed 151

Chief Executive John Lee initially suspended all election campaign activities but confirmed the vote would go forward on Tuesday, 2 ...

Posted on 03/12/2025

From chips to noodles: the newcomers testing Hong Kong’s buoyant IPO market

A wave of billion-dollar offerings is building behind four new listings this week, signalling sustained momentum in Hong Kong’s IPO market.

Posted on 02/12/2025

How McKinsey cashed in by consulting for both companies and their regulators

The McKinsey & Company consulting firm, which operates in more than 60 countries and employs more than 30,000 people, presents itself as a values-driven organization that cares not just about profits, ...

Posted on 02/12/2025

Chinese autonomous driving firm Momenta files for Hong Kong IPO, sources say

Chinese autonomous driving developer Momenta has confidentially filed for a Hong Kong initial public offering, two people with knowledge of the matter said.

Posted on 02/12/2025

Hong Kong taps Value Partners, 9 others to manage US$385 million residency scheme fund

Government investment arm HKIC also names Primavera among managers of CIES IP, which focuses on Hong Kong’s long-term development.

Posted on 02/12/2025

HKU TEC Leads 30 Startups to Partake in HKTDC Entrepreneur Day 2025

Showcasing Tech Innovation Businesses that Address Healthcare, Industrial Production and Environmental Pain PointsHONG KONG SAR –Reach Newswire – 2 December 2025 – The University of Hong Kong ...

Posted on 02/12/2025

Hong Kong to set up inquiry into deadly fire that killed at least 151

Hong Kong will set up an independent commission of inquiry headed by a judge to determine the cause of a deadly apartment block fire that shocked the city and make recommendations to prevent a similar ...

Posted on 02/12/2025

Hong Kong October retail sales up 6.9% due to improved domestic sentiment and visitor growth

October’s sales increased to HK$35.2 billion (S$5.8 billion). In September, retail sales rose a revised 6 per cent year on year. In terms of volume, October’s retail sales increased by 5.3 per cent ...

Posted on 01/12/2025

McKinsey & Co. to pay $650 million to settle U.S. opioid consulting probe, ex-partner will plead guilty to obstruction

McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work advising Purdue Pharma on how to ...

Posted on 01/12/2025

Donations for Hong Kong fire victims reach $115 million; crackdown on dissent hardens

Donations to victims of a devastating fire in Hong Kong have reached about $115 million after the blaze that began Wednesday claimed at least 146 lives and left thousands homeless ...

Posted on 01/12/2025

Hong Kong Startup SleekFlow Successfully Integrates GPT-4 to Drive Customer Interactions: SleekFlow AI Enables Businesses Achieve Customer Service Management and Sales Automation

HONG KONG SAR - Media OutReach - 18 May 2023 - The launch of ChatGPT has led to a surge in the adoption of Generative AI in business applications, with many businesses leveraging Open AI's ...

Posted on 01/12/2025

Hong Kong’s battered prime office market poised for better year ahead, analysts say

The supply of new grade A office space in 2026 and 2027 is likely to be less than new prime office space completed in the last two years.

Posted on 01/12/2025

Hong Kong’s home sales recovery looks more solid as transactions, prices edge up

Mortgage and resale data both show a sustained rise in sentiment amid improving rates, prices and rental yields, agents say.

Posted on 30/11/2025

Authorities probe corruption, negligence in Hong Kong’s deadliest fire in decades

Hong Kong's deadliest fire in decades has raised questions about corruption and negligence in the renovations of the apartment complex where at least 128 people died. An intense fire broke out at Wang ...

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