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Category: BUSINESS

Posted on 17/02/2025

‘Superconnector’ Hong Kong can share mainland China expertise with Asean: CY Leung

Southeast Asia 2025, ex-city leader highlights potential for deeper economic cooperation between country and bloc.

Posted on 16/02/2025

As Hong Kong plans crackdown on tiny flats, operators are reluctant to maintain supply whilst tenants feel the squeeze

Hayson Chan, business development director of rental company Rent to Rent Innovation, expects about a quarter of his subdivided flats to be deemed illegal under an unprecedented crackdown on ...

Posted on 15/02/2025

Trump’s reciprocal tariff plan to hurt Hong Kong, mainland manufacturers: experts

Hong Kong and mainland Chinese manufacturers will be hit by Donald Trump's planned reciprocal tariffs on all imports given the difficulty of replacing the United States market with alternatives, but ...

Posted on 15/02/2025

AI giants Baidu, OpenAI offer their chatbots for free in response to DeepSeek’s advance

Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global developers following the surging popularity of startup DeepSeek’s models.

Posted on 15/02/2025

Gaorong Ventures invests $30M in the operator of Hong Kong’s biggest licensed crypto exchange

China’s crypto market is gaining traction. For the first time, Gaorong Ventures, a major Chinese investment firm, has put $30 million into HashKey Group, a company that runs Hong Kong’s largest approved crypto exchange.

Posted on 14/02/2025

DeepSeek’s disruption forces AI giants like Baidu, OpenAI to offer their chatbots for free

Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global developers following the surging popularity of startup DeepSeek’s models.

Posted on 14/02/2025

Chinese stocks in Hong Kong near October high fueled by DeepSeek optimism

The Hang Seng China Enterprises Index rose as much as 2.7%, moving closer to surpassing its October high. Tech heavyweights Xiaomi Corp, Tencent Holdings ...

Posted on 14/02/2025

China issues US$8.2 billion in bills in Hong Kong to stabilise yuan amid trade tensions

Move is the latest in a series by China’s central bank that support Hong Kong’s status as a global hub for offshore yuan business.

Posted on 14/02/2025

Hong Kong stocks head for fifth winning week on gradual tariffs, DeepSeek trade

A measured US approach to reciprocal tariffs assuages investors as DeepSeek mania continues to power tech stocks.

Posted on 13/02/2025

Online Travel Unicorn Klook Raises $100 Million To Fund AI Tools

The fresh capital brings online travel agency Klook's total funding to over $1 billion, as it doubles down an AI partnership with Google Cloud.

Posted on 13/02/2025

LEAP East to debut in Hong Kong in July 2026

LEAP East is poised to become a landmark event in the tech world, positioning Hong Kong as a central player in shaping the future of global innovation ...

Posted on 12/02/2025

Hong Kong fund invests to usher medical innovations into mainland China hospitals

The Hong Kong government’s HK$62 billion (US$8 billion) investment fund is teaming up with a medical group co-founded by the city’s former finance minister to bring innovations developed by start-ups ...

Posted on 12/02/2025

Hong Kong’s latest bubble tea IPO mints another billionaire – Guming’s millennial founder

Guming says it targets smaller cities where bubble tea is not as readily available and growth outpaces that of megacities. Read more at straitstimes.com.

Posted on 12/02/2025

World’s biggest EV battery maker seeks blockbuster listing in Hong Kong

China’s Contemporary Amperex Technology (CATL), the world’s largest producer of batteries for electric vehicles and a supplier for Tesla, has applied for a listing in Hong Kong, setting sights on one ...

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