Wealth inequality drops by 6 per cent in past 15 years in Hong Kong, and academics say weakened property market and departures could be why.
The Most Advanced Country in Asia in 2024
A report by McKinsey in 2020 highlighted the progress made by Asia ... today. The country, along with Hong Kong and Taiwan, was the source of 19% of the tech giant’s revenue during the fiscal year ...
ERP systems face a world of change: Here is how to get their transformation right
New technologies and software capabilities seem to emerge every week. Even so, enterprise resource planning (ERP) systems remain the technological backbone for many businesses—so much so that ERP is a ...
CEO of Asian Pay Television Trust’s Trustee-Manager stepping down, CFO to replace him
According to the Trustee-Manager, Koh will work closely with Miranda Cheng, CFO of the Taiwan Broadband Communications Group (TBC), APTT’s sole investment.
Family sells The Peak villas at 35% discount as Hong Kong’s property woes hurt city elite
The proceeds from the sale of the town houses on 46 Plantation Road will be used to repay a private loan of as much as HK$1.6 billion due in January 2025, a source said.
Hong Kong, mainland Chinese regulators cooperate on probes of PwC’s Evergrande bookkeeping
China’s Ministry of Finance and Hong Kong’s audit regulators are assisting each other in their separate investigations of PwC’s audit work of the now-liquidated China Evergrande Group. “Under the ...
Hong Kong partially clears PwC of alleged deficiencies in Evergrande audits
In April, Hong Kong’s Accounting and Financial Reporting Council said it had opened a probe into PwC after an anonymous letter – titled “Who led PwC into the firepit that was Evergrande?” – was ...
Large distressed Hong Kong realty deals set to rise as more sellers accept losses
Higher-for-longer interest costs and ample retail and office vacancies have pushed the sales of distressed investment properties in Hong Kong higher in the second quarter, a trend realtors expect to ...
Sichuan Biokin Pharma Files for $500 Million Hong Kong IPO
Sichuan Biokin Pharmaceutical Co. filed for a Hong Kong listing that could raise about $500 million, according to people familiar with the matter, making it one of the larger deals in the city’s ...
When We Were Heroes: 3 Former Hong Kong Olympians Reminisce
As the Olympic Games begin later this month, Prestige reminisces with three former Hong Kong team members about their moments of glory. ROBYN LAMSAM Robyn. Check out our stories from People, Profiles & stay updated with Prestige Online - HongKong ,
Enchanting Deyang Shines in Hong Kong
On June 29, "'See the Spectacular and Kaleidoscopic China'—Victoria Park Celebrate the Return of Hong Kong" opens in
Rich people can buy their way into Hong Kong residency, and the majority of applicants come from 2 tiny countries
Vanuatu's cash-for-residency program has been the subject of international scrutiny, with several controversial figures gaining citizenship.
China’s financial sector is put on needed GDP diet
It's usually a red flag whenever China's bean counters "optimise" already questionable market indicators. However, the recent tweak to how the country calculates what the financial sector contributes ...
Hong Kong parents warned after child stalked by woman in park after school
ELCHK Cheung Wah Kindergarten in Fanling says some parents reported woman ‘kept staring at and following one of the K1 children’.