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Posted on 17/07/2023

Rice Robotics Raises US$7M Pre-A Funding to Establish Production Plant in Hong Kong and Expand Footprint in Japan

Rice Robotics, a Hong Kong-based start-up, has successfully secured US$7 million in pre-Series A funding, a portion of which has been allocated to establish a production plant in Hong Kong. By ...

Posted on 17/07/2023

Hong Kong Morning Trading Session to Be Delayed Due to Typhoon

If the typhoon signal or any announcement of extreme conditions is canceled before noon, the securities and derivatives markets will resume trading in the afternoon.

Posted on 17/07/2023

Hong Kong stocks, futures trading halted on T8 warning signal as Typhoon Talim approaches city

Trading in stocks and futures are suspended in the morning after the first T8 signal of the year as Typhoon Talim approaches the city. The afternoon session could also be halted if the warning remains ...

Posted on 17/07/2023

Trading in Hong Kong markets halted due to Typhoon Talim

The Hong Kong stock exchange halted trading in both the securities and derivatives markets on Monday due to approaching Typhoon Talim.The Hong Kong Observatory said storm signal No. 8 would remain in ...

Posted on 17/07/2023

Green finance key to foreign businesses in Hong Kong

The 26th anniversary of the establishment of the Hong Kong Special Administrative Region (SAR) has seen the city make good progress in cementing itself as Asia’s world city, and this will strengthen ...

Posted on 17/07/2023

Market bounce hands US$6.6 billion to Hong Kong’s super-rich as investors bank on China ‘returning to pragmatism’

The stock market’s best week since January partly contributed to a US$6.6 billion wealth increase enjoyed by the city’s super-rich. Beijing’s return to pragmatism could spur more upside later this ...

Posted on 17/07/2023

Hong Kong Likely to Scrap Trading After Hoisting Storm Signal 8

Trading in Hong Kong stock market is likely to be scrapped Monday morning as the city’s observatory said its typhoon warning signal 8 will remain in effect before noon.

Posted on 17/07/2023

Hong Kong Doesn’t Need to Compete With Singapore on Property

Hong Kong has been competing hard with Singapore this year to reclaim its throne as Asia’s premier financial center. It’s now offering generous tax exemptions to incentivize the ultra-rich to set up ...

Posted on 17/07/2023

VanMoof skids off track, another mobility startup goes SPAC and e-bike batteries catch fire

Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Your usual host Kirsten Korosec is off having a glorious ...

Posted on 17/07/2023

Legco members say Hong Kong government not doing enough to ensure good medical care for city retirees across the border

Legco members on trip to Fujian call for Hong Kong to do more to help city people retired to the province after visit to care home for elderly.

Posted on 17/07/2023

Tropical Storm Talim to be closest to Hong Kong on Monday morning, as city weighs raising typhoon warning signal to T8

Tropical storm located 390km (242 miles) south-southeast of Hong Kong as of Sunday noon, as it moves towards Guangdong and Hainan Island.

Posted on 16/07/2023

Lukewarm home sales in Hong Kong signal caution among buyers as looming US Fed hike weighs on sentiment

A third of units at a Yuen Long project and half of units in Wong Chuk Hang sold on Saturday as buyers wait to see if the Fed hikes rates again this month.

Posted on 16/07/2023

Hong Kong raises No 3 typhoon warning signal as Tropical Storm Talim intensifies

Tropical storm located about 400km south-southeast of Hong Kong as of 10am and will later shift in general direction toward Guangdong, Hainan Island.

Posted on 16/07/2023

Hong Kong commerce chief says 186 companies set up shop in city in 5 months, expresses confidence in reaching goal of 1,130 in 2025

Figure accounts for about 16.5 per cent of government's target to lure 1,130 businesses to set up in Hong Kong Commerce chief Algernon Yau says most are from innovation and technology sector and ...

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