Invest Hong Kong (InvestHK), the Chinese city's unit promoting foreign direct investment, held its first roadshow in Thailand yesterday, with the aim of encouraging more Thai companies, including ...
Global group allegedly supported by Hong Kong mogul Jimmy Lai set up trust fund in US, lobbied UK to take action against Beijing, court hears
Group advertised in various British publications calling for then-incoming PM Boris Johnson to hold China to its commitments made on Hong Kong, witness says.
HKSTP Unveils Top 74 Global Startups Confirmed for EPiC 2024 Grand Finale
EPiC’s global growth stands testament to Hong Kong’s status as a leading international I&T hub that attracts top-tier startups from around the world. EPiC 2024 is a HKSTP’s annual flagship startup ...
Hong Kong police officer pleads guilty to laundering HK$6 million as court warns of harsh sentence
Kwong Ka-kit, 30, convicted of six counts of money laundering through six payments between October 2019 and May 2021.
Hong Kong Faces Property Problems: All Very Much Of Beijing’s Making
High interest rates have played a role as well since Hong Kong’s dollar peg forces the authorities there to follow the rate hikes of the U.S. Federal Reserve (Fed) instead of the rate cuts of the ...
Hong Kong’s property downturn yet to run its course, with home prices set to decline by up to 10% this year, S&P says
Hong Kong’s current property market downturn is cyclical and ... addressing mounting calls from the property and business sectors to ditch the decade-old measures. The announcement came as lived-in ...
Alibaba Puts New Leader in Charge of Freshippo With IPO in Limbo
Alibaba Group Holding Ltd. appointed a new head of its grocery arm Freshippo in the latest step of a wide-ranging restructuring.Most Read from BloombergPutin Warns Russia Won’t Stop After Predictable ...
ZA Bank has detected HK$4b of suspicious financial activities
Its real-time fraud monitoring system screens 100,000 transactions per day. ZA Bank says that it has boosted its risk control performance by 400% since launching in 2020. In a press announcement, the ...
EMPF Platform: Hong Kong to migrate smallest pension firms first, with giants like HSBC to bring up the rear by end-2025, regulator says
YF Life Trustees, the smallest of Hong Kong’s MPF providers, will be the first to migrate to the soon-to-be-launched eMPF Platform, while HSBC, the largest provider, will be the last, according to the ...
Hong Kong’s Greater Bay Airlines CEO Plans to Step Down by April
Hong Kong carrier Greater Bay Airlines Co.’s Chief Executive Officer Stanley Hui is preparing to step down, according to people familiar with the matter.Hui, 73, may resign from his role as early as ...
China EV startup Xpeng will launch a brand that’s 50% cheaper, following Tesla downmarket to survive a slowing EV market
Xpeng says it's launching new models which will be priced between 100,000 to 150,000 yuan — 50% lower than the price range premium brands operate in.
Hong Kong cryptocurrency custodian Hex Trust targets profitability, fresh funding in 2024 as virtual-asset market rebounds
After cutting costs throughout 2023, Hex Trust sees the cryptocurrency market's revival 'directly translating into profitability' for the firm Hex Trust chief executive Alessio Quaglini said the ...
Japanese firms snap up retail spaces in Hong Kong
More Japanese brands and retailers are likely to occupy shops in Hong Kong this year, drawn to the city's more reasonable retail rents, as well as Hongkongers' affection for anything related to the ...
‘Don’t cut off the lifeblood of the market’: Hong Kong ex-leader, lawmaker criticise Flower Market redevelopment
The planned redevelopment of parts of Hong Kong’s historic Flower Market has come under fire, with a lawmaker and a former city leader urging the authorities to give greater consideration to the ...