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Posted on 08/12/2023

HKTDC and Hang Seng Bank’s InnoClub celebrate exceptional local entrepreneurs

Nancy Cheng, Principal, Strategic Planning and Corporate Development, Hang Seng Bank; Alex Wong, Head of Sales and Client Coverage of Business Banking, Hang Seng Bank; Stephen Tsoi, Co-Founder and ...

Posted on 08/12/2023

Moody’s Investors Service revised outlook on Bank of China (Hong Kong) to negative and affirmed at “Aa3” (LT- local currency) credit rating

Moody's Investors Service affirmed the 'Aa3' LT- local currency credit rating of Bank of China (Hong Kong) on December 7, 2023.

Posted on 08/12/2023

Middle Eastern states eager to invest in Hong Kong mega projects such as Northern Metropolis, finance chief Paul Chan says

Finance minister Paul Chan says Gulf states very interested in infrastructure projects, but more time needed to explain opportunities in mainland China and East Asia He points to Northern Metropolis ...

Posted on 08/12/2023

Startup accused of selling health drink made from endangered fish

Environmental watchdogs accused the startup of selling a health supplement made from endangered totoaba fish to several countries including the U.S. and China.

Posted on 08/12/2023

Hong Kong Magnate Li Predicts Economic Downturn in Early 2021

BEIJING, Dec 8 (TMTPost) -- Chau Hoi Shuen, the founder of Horizons Venture and the partner of Hong Kong billionaire business magnate Li Ka-shing, has revealed that Li had warned her multiple times ...

Posted on 08/12/2023

FII conference: open dialogue, ‘hyperlocal’ approach are keys to Asia’s vibrant start-up ecosystem, industry leaders say

Hyperlocality’ and open dialogue between regulators, businesses and investors, can help retain the vibrancy of Asia’s start-up ecosystem, industry leaders said at the FII Priority conference in Hong ...

Posted on 08/12/2023

Hong Kong sees room for insurers to grow market for catastrophe bonds as climate crisis spurs record losses

Hong Kong is in a strong position to realise opportunities for the insurance sector in response to the climate crisis, Chief Executive John Lee says. ‘There is growing demand for alternative ...

Posted on 08/12/2023

Like Hong Kong, Malaysia grapples with ‘grave pit’-sized homes as high living costs bite

Malaysia has enough laws to deal with illegal renovations and partitions done by building owners but enforcement of these laws remains a major issue.

Posted on 08/12/2023

Hong Kong and Saudi Arabia want to do more business together. Here’s why

For the first time, Hong Kong’s leader has welcomed Saudi Arabian elites to the city for an investment conference, in an example of how it is embracing new potential business partners as it confronts ...

Posted on 08/12/2023

‘Serious uncertainties’ ahead for Hong Kong in coming year, finance chief warns, but authorities will remain ‘alert and vigilant’ to market situation

Paul Chan says there is 'not much' the government can do to navigate risks arising from external environment but will be firing on all cylinders to get economy going Financial secretary also takes aim ...

Posted on 08/12/2023

5 reasons Hong Kong’s financial hub status is secure

Hong Kong's fundamentals actually put it in a position of unique strength It's the gateway to mainland China and the top clearing centre for the renminbi, while the city's cosmopolitan charm is ...

Posted on 08/12/2023

Hong Kong flag carrier Cathay Pacific expands cargo business with purchase of 6 Airbus planes and right to buy 20 more

Carrier says it placed an initial order of six Airbus A350F freighters and secured the right to acquire 20 more aircraft. The new planes are scheduled for delivery from 2027.

Posted on 08/12/2023

Hong Kong FA chief Fok open to return for trouble-hit Happy Valley, ex-player Scott chasing cash after liquidation

Hong Kong Football Association chief Eric Fok would consider a return for Happy Valley in the interests of developing football, with ex-player Charlie Scott still pursuing unpaid wages following ...

Posted on 08/12/2023

“It Was Very Scary”: Hong Kong Activist Agnes Chow On Years Of Repression

After her trip to Shenzhen, where she was repeatedly photographed, Chow was told to write another letter thanking the officers for showing her the greatness of China.

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