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Category: BUSINESS

Posted on 16/08/2025

McKinsey Predicts Deep Curbs On Car Use, Fall In New Car Sales … – Forbes

McKinsey’s new report— The Future of Mobility, issued 19 April—states that mobility is “on the verge of a major transformation” and that one major outcome will be “fewer private-car ...

Posted on 16/08/2025

Hong Kong Q2 GDP expands 3.1% y-o-y, full-year growth forecast maintained

Hong Kong's economy expanded by 3.1% in the second quarter from the same period a year earlier, supported by a surge in rush shipments following the temporary easing of U.S. tariff measures, the ...

Posted on 15/08/2025

Jimmy Lai: Trial of Hong Kong rebel mogul delayed again

Hailed by some as a hero and scorned by others as a traitor, Hong Kong's pro-democracy media tycoon Jimmy Lai is in the final stage of his national security trial. Closing arguments were scheduled to ...

Posted on 15/08/2025

Hong Kong developers put more than 200 flats on sale amid interest-rate optimism

After more than two years of new flats selling for less than second-hand units, the price gap has started to narrow, analyst says.

Posted on 15/08/2025

Innogen’s shares almost quadruple in Hong Kong trading debut amid pharmaceutical bull run

Trading under the stock code 2591, Innogen’s shares first changed hands at HK$72 on Friday, almost four times more than the initial public offering (IPO) price of HK$18.68 despi ...

Posted on 15/08/2025

Hong Kong delays trial of democrat Jimmy Lai over heart problems

The closing submissions in a national security trial against Hong Kong pro-democracy businessman Jimmy Lai were delayed on Friday after his lawyer said he had suffered heart palpitations.

Posted on 15/08/2025

Trump says he hopes to ‘save’ Hong Kong democrat Jimmy Lai

U.S. President Donald Trump on Thursday said he would see what he could do to help "save" detained Hong Kong media tycoon Jimmy Lai, even though Chinese President Xi Jinping would not be "thrilled." ...

Posted on 15/08/2025

Early Adopters of Gen AI in Hong Kong Light the Way to Broader Implementation

Early adopters of gen AI are deriving positive business outcomes from established use cases. In November 2024, Harvard Business Review Analytic Services conducted a survey of 682 members of the ...

Posted on 15/08/2025

Hong Kong stocks flirt with 4-year high on Tencent earnings beat

Hong Kong stocks still have upside room,’ analyst says, adding that expectations for corporate earnings are stable.

Posted on 14/08/2025

Hong Kong developer Road King defaults after creditors reject debt amendments

Listed firm suspends nearly US$80 million in interest payments and distributions while seeking restructuring discussions with creditors.

Posted on 14/08/2025

CK Hutchison ports deal in focus as Hong Kong conglomerate reports results

By Clare Jim HONG KONG (Reuters) -Investors will look for comments from CK Hutchison on the status of its ports business sale to a consortium led by U.S. investment firm BlackRock when the Hong Kong ...

Posted on 13/08/2025

YSpace is turning Toronto and York Region into a springboard for Hong Kong startups

With support from Cyberport and YSpace, York University’s entrepreneurship and innovation hub, Ip is now leading RaSpect’s expansion into North America, tapping into a market that’s home to the ...

Posted on 13/08/2025

Hong Kong sells US dollars to fight carry trade, defend currency peg

The Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange market overnight for the 11th time since late June, buying local currency and absorbing interbank liquidity in a move that ...

Posted on 13/08/2025

Why Hong Kong May Soon Be the World’s Next Startup Powerhouse

Hong Kong is home to nearly 2,000 active startups, and its growth matches that of the fifth fastest-growing startup ecosystem in the world (Amsterdam), according to a new report from research firm ...

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