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Posted on 21/06/2023

Hong Kong moonshot projects? Ambitious bids desirable but leadership needed to drive interest, investment, scientists say

Experts chime in after Alibaba Cloud founder Wang Jian suggests city should tap into China space telescope to set up central research opportunity Government funding and private donations needed, they ...

Posted on 21/06/2023

Hong Kong remains one of world’s most competitive economies: Report

Among the four competitiveness factors in WCY 2023, Hong Kong continues to rank second globally in terms of government efficiency, and its ranking in infrastructure also improved. Hong Kong continues ...

Posted on 21/06/2023

Hang Seng Expected To Open Under Pressure On Wednesday

The Hong Kong stock market has finished lower in back-to-back sessions, tumbling more than 430 points or 2.2 percent along the way.

Posted on 21/06/2023

Hong Kong stocks hit by worst sell-off in 4 weeks as Beijing disappoints market bulls while Nio jumps on fund purchase

Stocks slump for a third day, erasing more than US$61 billion of market value from Hang Seng Index’s members this week. Bets on China stimulus are unwinding as analysts cut their growth forecasts ...

Posted on 21/06/2023

Hong Kong handover anniversary: 1,000 food spots to dish out discounts on July 1, expect up to 20 per cent boost in business

Restaurant patrons will only have to pay 71 per cent of price on July 1 as part of wider celebrations to mark anniversary Food and catering sector hopes anniversary will deliver shot in arm, says ...

Posted on 21/06/2023

Hong Kong’s Kerry Properties wins downtown Shanghai land tender for US$1.25 billion

The site in Shanghai’s central Huangpu district is next to a parcel it acquired for US$1.86 billion in January last year and will form phase 2 of a larger project, Kerry says in exchange filing.

Posted on 21/06/2023

Lesbian couple brutally stabbed to death in Hong Kong mall

A lesbian couple was brutally stabbed to death by a stranger at the Hollywood Plaza Mall in Diamond Hill in Kowloon, Hong Kong, on June 2. What happened: According to police senior superintendent ...

Posted on 21/06/2023

Payments startup picks up Wirecard’s pieces to enter Asia Pacific

NomuPay has acquired parts of the disgraced processor that could help it overcome the barriers of entry to the lucrative market.

Posted on 20/06/2023

Hong Kong government pressuring banks to accept crypto, Tradecurve to grow 100 percent.

The Financial Times reported on June 15 that HKMA questioned the U.K.-based firms as well as the Bank of China in a meeting that was held in May.

Posted on 20/06/2023

Japanese consulate slams Hong Kong minister over accusations dumping nuclear waste water would violate international law

The Japanese consulate in Hong Kong has hit back at accusations by the city’s environmental minister that the country’s plan to discharge radioactive waste water into the sea around Fukushima ...

Posted on 20/06/2023

Xpeng seeks to be first major Chinese EV maker to launch right-hand drive cars as it targets Hong Kong market

The Chinese electric vehicle start-up is setting its sights on Hong Kong with plans to launch a right-hand drive model in the city next year to compete against well established rivals like Tesla.

Posted on 20/06/2023

Hong Kong must embrace Middle East capital, mainland China culture, to bolster role as financial centre: industry leaders

Amid geopolitical tension between China and the US, Hong Kong needs to look beyond US markets and court the Middle East as a source of capital as it seeks to burnish its position as an international ...

Posted on 20/06/2023

Hong Kong Stocks Fall for Second Day on China Concerns

U.S. investors returning from the long weekend and hoping for some positive news should look away now. Hong Kong shares had their second day of declines on Tuesday, after [interest-rate cuts in China]

Posted on 20/06/2023

Hong Kong on a mission: John Lee underscores ‘value-added super-connector’ role, globetrotting efforts to win business, lure talent

City well on way to attracting nearly double its goal of 35,000 workers from overseas every year, Chief Executive John Lee says at Post’s China Conference: Hong Kong 2023 forum.

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