Hong Kong’s economic recovery is set for a fresh boost with the distribution of consumption vouchers beginning this weekend just as growth momentum in the city starts to steady. ( read original story ...)
Stocks rally short of records, Robinhood’s IPO disappoints
U.S. stock indexes were higher Thursday as traders assessed the disappointing gross domestic product report ahead of Robinhood Markets Inc.'s initial public offering. ( read original story ...)
IPO U-turn is probably Didi’s most sensible route
A quick turn of the steering wheel might benefit Didi Global (DIDI.N). The regulatorily beleaguered Chinese ride-hailing group denied a report that it’s considering going private just a month after an ... ( read original story ...)
Hong Kong: CE tours biotech startup
Chief Executive Carrie Lam today visited a local biotech startup in Fo Tan that has developed a portable rapid testing instrument. Mrs Lam learnt more about how the advanced manufacturing industry and ... ( read original story ...)
Hong Kong: Startups play pivotal role in I&T
Startups play a pivotal role in the innovation and technology (I&T) development, offering innovative ideas and injecting momentum into the I&T ecosystem. The Government has been allocating more and ... ( read original story ...)
More questions than answers in a Hong Kong courtroom
Leaving Hong Kong’s district court last week, I saw a group of pro-Beijing people waving the Chinese national flag. They had a handwritten banner saying: “Injustice waiting to ... ( read original story ...)
Hong Kong court set to sentence man under national security law
A Hong Kong court is getting ready to hand down a sentence for the first person tried under the city's controversial national security law. Ramy Inocencio joined "CBSN AM" to talk about the case. ( read original story ...)
Hong Kong Internet Gains As China Looks To Reassure Investors
Asia was a sea of green following Powell’s press conference. The rally in Hong Kong dual-listed Chinese internet stocks exceeded yesterday’s US rally, which could lead to further gains in the US ... ( read original story ...)
Hong Kong Market extends gain after Beijing calms frayed nerve
At closing bell, the benchmark Hang Seng Index advanced 3.3%, or 841.44 points, to 26,315.32. The Hang Seng China Enterprises Index added 3.8%, or 344.59 points, to 9,415.69. ( read original story ...)
Hong Kong’s young entrepreneurs get boost with HK$500 million scheme to kick-start tech ecosystem
City University’s HK Tech 300 scheme to support 65 start-up teams with HK$100,000 worth of seed funding for each group The scheme, one of the largest funding programmes at the university, is expected ... ( read original story ...)
Hong Kong: Business fund upgraded
The Trade & Industry Department today announced enhancement measures for the Dedicated Fund on Branding, Upgrading & Domestic Sales (BUD Fund) in support of enterprises’ business development to be ... ( read original story ...)
Ant-backed Chinese vending machine firm weighs $500m IPO in Hong Kong
Beijing Ubox, a Chinese intelligent vending machine maker, is weighing a Hong Kong initial public offering that could raise as much as US$500 million,” Bloomberg reported, citing people familiar with ... ( read original story ...)
Hong Kong’s Hang Seng index jumps 3% as stocks recover from early week slump
Hong Kong's Hang Seng index jumped 2.79% in morning trading on Thursday, continuing its bounce back after closing more than 1% up the day before. ( read original story ...)
Hong Kong man faces life in prison for murdering father with steak knife before stealing HK$200,000 to repay loan sharks
Insurance agent Lai Kan-yau, 29, admitted killing Lai Kam-fook, 65, but said he acted in self-defence after his father swore at him, called his wife a prostitute and attacked him. ( read original story ...)