As large language model (LLM) technology advances, Hong Kong startups are leveraging it to develop a wide range of end-product applications, with a particular focus on education and tourism to tap ...
Hong Kong pushes reforms to spark economic growth, cut liquor duties
Hong Kong's leader pledged on Wednesday to reform and revive the economy and financial markets including slashing liquor duties, while seeking to improve dire living conditions for the city's poorest.
Here Are the Winners and Losers From Hong Kong’s Policy Address
Hong Kong’s property developers, brokerages and retailers are poised to benefit from the chief executive’s policy address as the government relaxes mortgage rules and expands a plan to attract wealthy immigrants.
Hong Kong to Relax Mortgage Rules to Bolster Property Market
Hong Kong will relax its mortgage rules to allow lower downpayment for homebuyers amid a prolonged property slump in the city.
HK hones its financial edge
Chief Executive John Lee unveils bold plans in his 2024 Policy Address for consolidating and enhancing Hong Kong’s status as an international financial centre.
Hong Kong policy address: maximum loans for all properties eased to 70%, big boost for higher-end homes
Hong Kong leader John Lee Ka-chiu will deliver his annual policy address at 11am on Wednesday. He has said his policy address will focus on reforms aimed at enhancing the city’s development and ...
Switzerland’s wealth managers bank on a future in Asia
In times of war, political turmoil and rising taxes, the country’s stability and geopolitical neutrality — combined with its strict adherence to banking discretion — supported a thriving and ...
Hong Kong cuts liquor tax in effort to reignite its nightlife industry
HONG KONG (AP) — Hong Kong’s leader announced a cut to liquor tax Wednesday as the Asian financial hub hopes to revive its reputation as a travel destination with a vibrant nightlife and dining scene.
Hong Kong leader focuses on livelihood issues, positioning HK as global hub
Hong Kong's leader kicked off his annual policy address on Wednesday with pledges to reform shortcomings including a pledge to reduce wait times for public housing as authorities try to bolster their focus on people's livelihoods.
Hong Kong Stocks Surge Amid China’s Property Market Developments
Hong Kong shares rose on Wednesday as investors anticipated a government briefing about China's struggling property sector. The CSI300 Index and the Shanghai Composite Index showed mixed performance, ...
Intel-Backed Horizon Robotics Seeks Up to $696 Million in Hong Kong IPO
Horizon Robotics, a Chinese provider of software and hardware used in autonomous driving systems, is aiming to raise as much as HK$5.4 billion ($696 million) in its Hong Kong initial public offering, ...
Hong Kong Economy Set to Be Focus of John Lee’s Policy Speech
Hong Kong’s leader is expected to lay out a policy agenda focused on boosting the city’s economy during his third annual address on Wednesday, including a potential cut to a liquor tax.
Hong Kong to rename ‘virtual banks’ to ‘digital banks’
The bank will set-out new guidelines shortly. The Hong Kong Monetary Authority (HKMA) will proceed with amending its guidelines on virtual banks and rename them into digital banks. In an announcement, ...
HSBC probes its China Pinnacle wealth business; move could see layoffs, sources say
The bank is also looking at salary structures and probing whether suppliers inflated expenses. Read more at straitstimes.com.