Hong Kong's Cathay Pacific Airways declared on Wednesday an interim dividend, citing strong performance, even as first-half profit dropped 15% from a year ago.
Hong Kong’s Cathay reports 19.25% drop in profits, reeling in HK$3.84 billion in first six months
Group chairman Patrick Healy attributes ‘strong’ results to robust travel demand and announces first post-pandemic interim dividend payment.
Beijing’s top man on Hong Kong says Xi Jinping’s letter ‘a call to action’ for business sector
In a rare move, Xi Jinping wrote a letter replying to Hong Kong business leaders who are descendants of pioneering Ningbo-born entrepreneurs in the city ...
Hong Kong’s ‘patriots-only’ Legco free of fiery past. But have lawmakers become ‘yes men’?
Analysts say line ‘unclear’ for lawmakers trying to keep government in check, while also cooperating in overhauled legislature.
Xi calls for Hong Kong corporates to push for development
Hong Kong: President Xi Jinping called on Hong Kong entrepreneurs to boost China’s development in a letter the financial hub’s business community welcomed as a sign of encouragement. “I hope you will ...
Will Hong Kong’s proposed subdivided housing shake-up put landlords out of business?
Landlords of tiny living spaces say they’ll quit the business if new rules mean having to pay too much to fix defects.
Hong Kong to expand market reach in H2
Hong Kong will continue to expand its market reach in the second half of this year to deepen ties with investors in Europe, the United States, Australia and the Middle East, Hong Kong Special ...
Hong Kong retail: K-pop, K-dramas usher in growing demand for Korean restaurants
Korean F&B operators and retailers that have forayed into Hong Kong have made a significant contribution to the city’s retail segment.
Hong Kong startup founders flock north to tech hub Shenzhen
GUANGZHOU -- As China moves to integrate Hong Kong more closely with the mainland ... In 2021, Sisley Cheng and a business partner invested 10 million yuan ($1.4 million at current rates) to launch the Bays Work startup incubator in Shenzhen.
Hong Kong ready to help Ho Chi Minh City become int’l financial center: HKSAR leader
The city welcomes Hong Kong businesses to invest in the priority fields such as innovation, startup, investment, trade, tourism, healthcare, logistics, infrastructure, and finance and currency, Mai ...
Inside the legal drama embroiling a California startup that grossed billions selling COVID-19 tests
A script for a biopic called “Overnight Billionaire” recounts the life of Charles Huang, a Chinese villager who overcomes long odds to become a Hong Kong corporate analyst. A TV host says to the ...
Hong Kong slams ‘misleading’ Forbes article calling city’s economy ‘risky’
City authorities reject ‘misleading’ article which cites report by ’anti-China’ Committee for Freedom in Hong Kong Foundation.
Hong Kong’s Largest Online Broker Launched Bitcoin Trading
Hong Kong's largest online brokerage Futu has launched retail Bitcoin trading on its platform. The move comes as the city aims to establish itself as a Bitcoin and crypto hub.
Hong Kong retail sales fall 9.7% in June, marking fourth straight decline despite expanded travel scheme
Hong Kong’s retail sales in June declined 9.7 per cent from a year ago, the fourth consecutive monthly contraction amid a trend of residents heading across the border to spend and despite the expansion of a solo traveller scheme to boost inbound tourism.