Chief executive faces tough task of repairing city’s reputation but developments rather than words will be ultimate deciding factor ... ( read original story ...)
Chinese battery startup Hithium raises $278m to boost output
Chinese battery startup Hithium has raised over 2 billion yuan ($278 million) in a Series B funding round led by ABC International, the investment banking unit of the Agricultural Bank of China (ABC), ... ( read original story ...)
Hong Kong’s Stock Exchange Proposes Waiving Revenue Requirement for Some Tech IPOs
The move is an attempt to expand the number of potential initial public offerings in a market that has struggled this year. ( read original story ...)
Hong Kong launches 2-year effort to reverse local workforce declines
Hong Kong Chief Executive John Lee said Wednesday the city will spend $3.8 billion to draw more people and more business investment in the midst of a "brain drain" that has shrunk its workforce. ( read original story ...)
Hong Kong leader John Lee delivers his maiden policy address
Hong Kong's new leader John Lee delivered his maiden policy address annual policy address on Wednesday, mapping out his priorities for the former British colony which returned to Chinese rule in 1997. ( read original story ...)
Hong Kong’s leader vows to roll out special visas for graduates from top universities and people who make more than $300,000 a year
The news comes after 110,000 people left Hong Kong from mid-2021 to mid-2022 amid strict COVID-19 containment measures. ( read original story ...)
Hong Kong stocks fall 2%, leading losses in mixed Asia trade after John Lee’s speech
Shares in the Asia-Pacific were mixed on Wednesday following a second day of gains in major U.S. indexes. The Hang Seng index in Hong Kong fell around 2.38% to 16,511.28, with the Hang Seng Tech index ... ( read original story ...)
Hong Kong launches $3.8bn package to lure back international business
Hong Kong has launched a HK$30bn (US$3.8bn) fund alongside a package of measures to attract international businesses back to the city after strict coronavirus pandemic controls and a security ... ( read original story ...)
Hong Kong’s Plan to Reverse Expat Exodus Disappoints Investors
Hong Kong Chief Executive John Lee’s long-awaited plan to woo back foreign talent and ease housing woes fell flat with investors, underscoring the challenge facing the financial hub as it tries to ... ( read original story ...)
The Hong Kong property market is probably expecting some downward pressure, says JLL
Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Data also provided by ... ( read original story ...)
Hong Kong exchange proposes looser IPO rules for tech companies as profit falls
Hong Kong -Hong Kong's bourse operator said there were signs of new momentum in the initial public offering market as it posted a 30 per cent drop in third-quarter profit on Wednesday, beating analyst ... ( read original story ...)
Hong Kong banking liquidity at tightest in two years, rates jump
Bigger mortgage repayments will also leave property investors unhappy, as interest payments outstrip rental income ... ( read original story ...)
Hong Kong start-up Lane-Eight is changing the sneaker game with its one-shoe-fits-all design
Growing up around the world and spending their formative high school years in Hong Kong, they live the busy, jet-setting life that quite naturally takes all over the place. Between team sports and ... ( read original story ...)
Hong Kong Cuts Property Tax, Eases Visa Rules to Attract Talent
Hong Kong is cutting property taxes and easing visa rules for non-permanent residents to attract global talent and revive the city as an international financial hub. ( read original story ...)