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Category: BUSINESS

Posted on 19/04/2021

Trip.com Group CEO: Hong Kong secondary listing a natural choice

The parent company of booking sites Trip.com, Ctrip, Qunar, and Skyscanner, Trip.com Group is the latest among 14 U.S.-listed Chinese firms to have sought secondary listings in Hong Kong since 2018. ( read original story ...)

Posted on 19/04/2021

HK$358 million worth of contraband cigarettes seized in Hong Kong so far this year – up 137 per cent from whole of 2019

Hong Kong authorities have confiscated HK$358 million (US$46 million) worth of contraband cigarettes so far this year - up 137 per cent from what was seized in the whole of 2019. Nearly 133 million ... ( read original story ...)

Posted on 19/04/2021

India: Co-working startup Simpliwork looks to expand in Singapore, Hong Kong

Simpliwork Offices Pvt. Ltd is planning to expand its operations in overseas markets such as Singapore and Hong Kong, and ramp up presence in key cities in India, on the back of strong demand for ... ( read original story ...)

Posted on 19/04/2021

Hong Kong stocks approach five-week high with earnings in focus as China dismisses Huarong distress

Hong Kong stocks trade at the highest level since March 11 as traders look forward to earnings reports from Hang Seng Index members. Trip.com gains on debut, while mainland China markets are steady ... ( read original story ...)

Posted on 19/04/2021

SOSV-backed insurtech startup Ignatica banks $7m in pre-series A money

Hong Kong-based insurance platform Ignatica said it raised US$7 million in a pre-series A funding round led by growth capital private equity fund Ling Feng Capital. Other backers such as US-based SOSV ... ( read original story ...)

Posted on 19/04/2021

Coronavirus: compulsory testing order issued for Hong Kong’s Harbour City after visit by person believed to be carrying mutant strain

The patient, believed to be the 31-year-old woman confirmed to have the more virulent N501Y coronavirus strain on Sunday, is said to have visited a dessert shop at the Hong Kong mall. ( read original story ...)

Posted on 19/04/2021

Standard Chartered to hire 400 staff in Hong Kong to tap growing demand for wealth management service

in the city. The American bank is exiting its consumer banking business in 13 international markets where it lacks scale, focusing on “wealth centres” in Hong Kong, Singapore, the United Arab Emirates ... ( read original story ...)

Posted on 19/04/2021

Trip.com Group successfully list on Hong Kong Stock Exchange

Disclaimer | Commerce Policy | Made In NYC | Stock quotes by finanzen.net HONG KONG, April 19, 2021 /CNW/ -- Trip.com Group, a leading global travel services provider, officially listed on Hong ... ( read original story ...)

Posted on 19/04/2021

Hong Kong scientist: ‘Seeing is believing’ about Chinese mainland

Though he is from Hong Kong, he decided to start a business in Zhongshan City, Guangdong Province. He said many young people in Hong Kong are biased against the Chinese mainland because of the unknown ... ( read original story ...)

Posted on 18/04/2021

Hong Kong students learn new lesson: respect China’s laws

Hong Kong has been renowned for its liberal education system aimed at fostering free, intellectual and critical thinking, but that is beginning to change as the city has begun to fully adopt a ... ( read original story ...)

Posted on 18/04/2021

Hong Kong’s Octopus to launch payment card for mainland Chinese public transport as pressure from Alipay, WeChat Pay mounts at home

Octopus Holdings, Hong Kong’s home-grown cashless payment provider, will launch a new transit card that works in more than 300 cities in mainland China as it faces growing business pressures from ... ( read original story ...)

Posted on 18/04/2021

Vaccination is the means, don’t forget the end goal of making Hong Kong Covid-safe for the economy to take off

Uncertainty over mutant strain, difficulties achieving ‘zero infection’ goal leave Hong Kong’s hoped-for economic rebound in limbo. ( read original story ...)

Posted on 17/04/2021

Trail racing’s competitive edge returns to Hong Kong as atmosphere sparks fast start on 24km run

The second trail race since Covid-19 decimated the calendar sees runners return ready to push for podium spots ... ( read original story ...)

Posted on 17/04/2021

Why Hong Kong electoral reform is a double-edged sword for Beijing

The dust appears to be settling on the drastic shake-up of Hong Kong's electoral system, with the announcement of local legislation on Tuesday to implement Beijing's plan for an overhaul. While the ... ( read original story ...)

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