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Posted on 18/09/2023

272 companies expanded to Hong Kong as foreign capitals regain confidence in the city, secretary for commerce has said

The Hong Kong government has attracted 272 companies to develop business in Hong Kong this year, the city’s commerce secretary has said. Speaking on a Commercial Radio show on Saturday, Secretary for ...

Posted on 18/09/2023

Hong Kong parents slam Rosaryhill Secondary School over decision to close, demand letting pupils finish studies

Teacher Association chairman Baljinder Singh says decision to close has disrupted staff morale, students' routine and lives of their families Drastic reduction in enrolment numbers and financial ...

Posted on 18/09/2023

Hang Seng names new head of commercial banking

Hang Seng Bank appointed Regina Lee as head of commercial banking and a member of the Executive Committee, effective 14 October.  Regina will take over from Donald Lam, the current Head of Commercial ...

Posted on 18/09/2023

StanChart HK inks MOU to promote business, dev’t between HK and Dubai

This include promoting the growth of family offices, fintechs, and virtual asset industries. Standard Chartered Bank Hong Kong has inked a memorandum of understanding (MOU) with the Dubai Department ...

Posted on 18/09/2023

Hong Kong’s Temple Street on a comeback? Cuisine, cultural experience urged for forgotten tourist spot under nightlife boost

The government on Thursday announced a raft of activities under a months-long citywide campaign to attract residents to stay out longer and boost the night economy. These include waterfront bazaars, evening programmes at theme parks and museums, free entry to the Happy Valley Racecourse, film screenings and expanded pedestrian areas.

Posted on 18/09/2023

Meet the typical Hong Kong millennial: They’re supporting their parents, can’t afford to buy homes, and have zero interest in moving to mainland China

Over 80% of millennials in Hong Kong live with their parents.  The 2019-2020 protests had an impact on their mindset. Hong Kong's millennials differ from their elders by being more vocal, expressive, ...

Posted on 18/09/2023

Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 million

SYDNEY (Reuters) - Three Chinese firms, led by AI software company Beijing Fourth Paradigm, are aiming to raise up to $280 million in Hong Kong initial public offerings launched on Monday. Beijing ...

Posted on 18/09/2023

Woman fighting for life after Hong Kong bus slams into back of stationary crane truck, leaving more than 40 injured

A woman bus passenger was fighting for her life in Hong Kong on Sunday night after a double-decker slammed into the back of a stationary crane truck, leaving more than 40 others injured. The injured ...

Posted on 18/09/2023

Cross-border healthcare services can ease burden on Hong Kong’s public hospitals, but payment matters must be addressed, ex-finance chief Antony Leung says

Shenzhen United Family Hospital is interested in serving Hong Kong patients to reduce waiting times in city, former financial secretary Antony Leung says But Leung says issues such as who should pay ...

Posted on 18/09/2023

Indonesian courier J&T aims to raise up to $1.36b in Hong Kong IPO, but may face regulatory hurdle

J&T appears to breach Indonesian rule capping foreign investor holding in a courier company to 49 per cent. Read more at straitstimes.com.

Posted on 18/09/2023

Microsoft sees booming enterprise AI demand in Hong Kong amid US-China tech war that threatens cloud services

Microsoft says AI usage on its Azure cloud platform jumped sevenfold in Hong Kong in the past six months, with demand growing despite US-China tensions The US tech giant has been pushing its ...

Posted on 18/09/2023

Hong Kong home price seen falling by 5 per cent after 7 major lenders including HSBC, Standard Chartered set to increase mortgage rates

Hong Kong home prices are set to fall by about 5 per cent by the end of this year, analysts say, after seven major lenders, including the three note-issuing banks – HSBC, Standard Chartered Bank, and ...

Posted on 18/09/2023

PGIM invests in Hong Kong, mainland China, Australia rental property markets, betting on their strong fundamentals, discounted assets

There is a growing need for rental housing especially in cities where the cost of residential buying has become really high, according to PGIM The property markets in mainland China, Australia and ...

Posted on 18/09/2023

Record number of Hong Kong children with myopia during the pandemic

The number of Hong Kong children suffering from myopia hit a record high during the pandemic. Myopia, also called nearsightedness, is when far- away objects look blurry. A study looked at 20,527 ...

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