Category: BUSINESS

Hong Kong’s homegrown property companies are being edged out of their own market and are looking overseas to do business. Local developer David Chiu, chairman of Far East Consortium International, said he had become increasingly disheartened after seeing ... ( read original story ...)

Thanks to land purchases made largely by mainland Chinese developers, who have been paying eye-watering prices, Hong Kong’s latest budget forecast total fiscal reserves to stand at HK$952 billion (US$122.52 billion) by the end of March 2018. Add in ... ( read original story ...)

Hong Kong stocks closed flat on Friday, after falling earlier in the day on panic selling after news broke of the US missile attack on a Syrian airbase. Brokers said the rebound was due to the generally positive reaction to the ongoing meeting between the ... ( read original story ...)

The schedule will provide business and leisure travellers with more choice to plan their trips, bolster Hong Kong’s position as a leading Asian hub - and help travellers connect to 22 cities in mainland China from there. He said the move underscored ... ( read original story ...)

LONDON: Hong Kong may soon get its first billion-dollar startup, thanks to a 25-year-old entrepreneur whose company leases phones to travellers. Tink Labs Ltd is in the process of raising about US$40mil and aiming for a valuation of more than US$1bil ... ( read original story ...)

Among the so-called “Xiongan concept” stocks, Beijing-based cement maker BBMG Corp’s Hong Kong shares fell 6.7 per cent to HK$4.5 while its Shanghai shares jumped 10 per cent for a second straight day to 5.6 yuan. China Gas, which has business in ... ( read original story ...)

After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London. He is currently senior producer at CBC ... ( read original story ...)

Hong Kong may soon get its first billion-dollar startup, thanks to a 25-year-old entrepreneur whose company leases phones to travelers. Tink Labs Ltd. is in the process of raising about $40 million and aiming for a valuation of more than $1 billion ... ( read original story ...)

Royal Dutch Shell has announced a deal to sell its liquefied petroleum gas business in Hong Kong and Macau to DCC Energy for $150.3million as it continues its $30billion asset sales programme. The Anglo-Dutch oil major has been active in the two locations ... ( read original story ...)

Suen) Hong Kong Foodie Tours takes a small group on a walk through ... New operators might choose to develop innovative streams of revenue to help supplement the parent business. Pat Chun,a brand known for its sweet vinegars, for example, has branched ... ( read original story ...)

A BELFAST-nurtured Hong Kong-led tech start-up that uses artificial intelligence (AI) to create literate machines has been named ‘most investible company' following a three-month business accelerator programme at StartPlanetNI. Entrepreneurs Alex Cheung ... ( read original story ...)

The world's most valuable pink diamond has been sold at a Sotheby's auction for a world record price of $71.2 million (U.S.) in Hong Kong. The diamond was bought by a Hong Kong-based jewelry after a bidding war between three phone bidders. (Reuters ... ( read original story ...)

Tram ridership has decreased for eight of the past ten years as new forms of public transit have increased competition. The Wall Street Journal. ( read original story ...)

Speech by SCED at "Hong Kong - Slovenia: Opportunities in Hong Kong for the Slovenian Business" business seminar and luncheon in Slovenia Hong Kong (HKSAR) - Following is the speech by the Secretary for Commerce and Economic Development, Mr Gregory So, at ... ( read original story ...)