Category: BUSINESS

The Hong Kong Monetary Authority raised its base rate by 0.25 percentage points on Thursday morning, following the US Federal Reserve’s overnight move. In announcing the decision, HKMA chief executive Norman Chan Tak-lam reiterated his warning to Hong ... ( read original story ...)

Hong Kong stocks look set to open lower on Thursday after the city’s de facto central bank followed a US decision and lifted the base interest rate. The Hang Seng Index futures spot June contract lost 0.2 per cent, or 42 points, to 25,700 in the pre ... ( read original story ...)

Last month, a Hong Kong tycoon bought an entire carpark building for $3 billion in the city’s central business and shopping district. Hong Kong property is consistently ranked among the world’s most unaffordable, and prices continue to soar. ( read original story ...)

Planners here still see Hong Kong that way. But they also are looking at the long-term trends, and grappling with a force they cannot stop: Hong Kong is getting older. That’s true of both the city’s people and its built environment — a phenomenon ... ( read original story ...)

A quick, no-nonsense guide to where to stay for business trips in one of the world’s most spectacular cities: Hong Kong. This is the first of several articles highlighting where to stay on business in some of the world’s most interesting cities. ( read original story ...)

Oper Technology, a Hong Kong biotechnology start-up, has pioneered what it claims is a world first in stem cell treatment that it says could potentially help millions of patients suffering from Alzheimer’s and Parkinson’s diseases. The business was co ... ( read original story ...)

You expect rivalry between Hong Kong and Singapore. Both are well-off former British colonies in Asia with clean governments and a free-port approach to foreign investment – on which they heavily depend for economic development. Both have a city-like in ... ( read original story ...)

One of the most efficient ways to boost the Hong Kong startup ecosystem is by hosting large scale tech and startup events. An upcoming conference, which is truly putting Hong Kong firmly on the global map, is RISE. Produced by Web Summit, RISE is the ... ( read original story ...)

Hong Kong should embrace what its mainland neighbours have to offer and do more to augment innovation and the adoption of new technology to ensure that it remains a key business gateway between China and the rest of the world, speakers at a South China ... ( read original story ...)

Hong Kong should strive for the title of Asia’s cultural hub as well as have the courage to break out of its comfort zone, according to panel members at the “Celebrating Hong Kong’s Coming of Age” conference organised by the South China Morning ... ( read original story ...)

Van Dyke said while Chia is testing the market, Hong Kong was an exciting step in the business' expansion. "It's important to realise Asia is really big, there's lots of different countries and regions within the countries and cultures as well. ( read original story ...)

The exorbitant rent reflects the spending power of Pure’s clientele, which has helped build the home-grown fitness and lifestyle company’s financial strength and to vie for a spot in one of Hong Kong’s most expensive malls, alongside Prada ... ( read original story ...)

As the 20th anniversary of Hong Kong's handover to China approaches, there has been much soul-searching over whether the city's importance as a gateway to the mainland has declined, as China opens up more to the world over the last two decades. Hong Kong ... ( read original story ...)

It is many an entrepreneur’s dream to raise the first million dollars, then move beyond Hong Kong to conquer other markets. But to do that, a good concept is not enough, because even the best idea requires large amounts of blood and sweat as well as a ... ( read original story ...)