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Posted on 27/02/2025

Hong Kong cutting 10,000 civil service jobs – is it enough to turn its finances around?

Hong Kong's government workers will bear the brunt of the biggest cuts in the finance chief's bid to balance the books as the city braces itself for a fourth straight year of deficit.

Posted on 27/02/2025

Hong Kong Looks to Save Pennies to Fight Its Way Out of the Red

The Hang Seng Index has soared 21% since Trump’s inauguration to touch a three-year high. The gauge has benefited from DeepSeek’s breakthrough and President Xi Jinping’s declaration to high-profile ...

Posted on 27/02/2025

US targets firms in China, Hong Kong over alleged role in Iranian drone procurement

The United States imposed sanctions on six entities based in Hong Kong and China on Wednesday that it accused of being involved in an Iranian drone procurement network, as the Trump administration ...

Posted on 27/02/2025

Hong Kong Property And Jewelry Magnate Navigates Perfect Storm

Henry Cheng, chairman of New World Development and Chow Tai Fook Jewellery, saw his fortune drop $2.6 billion.

Posted on 27/02/2025

Next wave of disruptors unveiled at HKTDC’s Start-up Express International 2024

From fintech to biotech, start-ups from around the world gather in Hong Kong to explore growth opportunities, funding and cross-border expansion ...

Posted on 27/02/2025

Hong Kong’s 50 Richest 2025: Stock Market Rally Lifts Wealth But Property Woes Linger

ByJane Ho, Forbes Staff. I cover Asia's wealth and entrepreneurs from a base in Singapore. This story is part of Forbes’ coverage of Hong Kong’s Richest 2025. See the full list here. Though Hong ...

Posted on 27/02/2025

Radiating from Hong Kong, FILMART Is the One-Stop Hub for Asia’s Entertainment Market

A must-attend content marketplace for industry elites, FILMART serves as the gateway to the Asian entertainment market. The concurrent events of FILMART and EntertainmentPulse feature a powerful ...

Posted on 27/02/2025

Treasury sanctions six Hong Kong entities for helping Iranian drone network

The U.S. Treasury Department's Office of Foreign Assets Control Wednesday sanctioned six Hong Kong companies for allegedly being part of a covert Iranian drone procurement network.

Posted on 26/02/2025

Hong Kong developer Sino Land reports 30% earnings drop, points to full pipeline

Major Hong Kong developer Sino Land reported a more than 30 per cent drop in earnings for the first half of its financial year amid a slow pace of recovery in the city’s property sector. The company ...

Posted on 26/02/2025

Hong Kong’s latest budget aims to cut spending to tackle record HK$87b deficit

Hong Kong Finance Secretary Paul Chan has unveiled a "belt-tightening" budget aimed at ending the city's series of record-high deficits. The city is projected to mark its third consecutive financial ...

Posted on 26/02/2025

13 things you need to know about in Hong Kong’s 2025 budget

Hong Kong’s finance chief has revealed a series of measures to strictly control government expenditure as the city grapples with an estimated deficit of HK$87.2 billion in the 2024-25 financial year ...

Posted on 26/02/2025

As DeepSeek knock-offs flourish, China curbs false trademarks capitalising on AI hype

China rejects dozens of trademark applications for the name DeepSeek, as Hong Kong sees questionable companies bearing the start-up’s name.

Posted on 26/02/2025

Hong Kong to entice bid spenders by turning LIV Golf into long-term fixture

City’s 2025 budget also lays out plans to attract more business travellers by developing MICE sector, building ties with Middle East.

Posted on 26/02/2025

Hong Kong pledges $127.67 million to create AI institute

Hong Kong said on Wednesday that it is setting aside $127.67 million to create an artificial intelligence research institute that will conduct research and development.

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