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Tag: business

Posted on 15/11/2024

Hong Kong stocks halt 5-day slide as China’s retail sales rise by most in 8 months

Retail sales growth of 4.8 per cent in October raises hopes that stimulus measures could be arresting a slowdown in economic growth.

Posted on 15/11/2024

Jane Street invested in start-up turning China’s noodle shop sales into securities

Micro Connect has amassed wealth of real-time data on China’s economy by financing small businesses in exchange for revenues ...

Posted on 15/11/2024

HKMA: Optimistic about Hong Kong based on US rate cuts and mainland stimulus

Eddie Yue, Chief Executive of HKMA, says several factors help boost his outlook on consumer and business activity in Hong Kong – but says the city still needs to be more resilient in the face of ...

Posted on 15/11/2024

Hongkong Land Holdings Shifts Focus to Premium Properties

Hongkong Land Holdings (SG:H78) has released an update. Hongkong Land Holdings is shifting its strategy to focus on ultra-premium integrated ...

Posted on 14/11/2024

The Wealthy Will Shield Asian Banks From Trump Tariffs

A fresh round of US levies could hurt trade finance and other loans. The rich hold the key for Hong Kong and Singapore lenders.

Posted on 14/11/2024

Vaccine shows promise in curing HIV, Hong Kong biotech start-up says

A Hong Kong biotech company said its therapeutic HIV vaccine showed “promising” results in a recent clinical trial, taking it one step closer to offering patients an alternative to antiretroviral ...

Posted on 14/11/2024

City is being reinvigorated as regional business hub thanks to success of body bringing in hi-tech talent

Besides bringing talent to Hong Kong, they will also offer high pay and new opportunities for locals. They cover an array of hi-tech industries, which is what the city needs to su ...

Posted on 13/11/2024

Hong Kong politician Bunny Chan swoops down on Tin Hau’s Whitfield Hotel at 30% discount

Bunny Chan, who is a deputy to the National People’s Congress, and Paggy Chan, are the new owners of Twenty One Whitfield.

Posted on 13/11/2024

Why is Beijing prodding Hong Kong developers to go for reforms and megaprojects?

“Believing that the local government of Hong Kong has been traditionally weak, [Beijing] is trying to turn it into a stronger administration, but still it is unable to mobilise the business community ...

Posted on 13/11/2024

Hong Kong’s leader warns Trump not to interfere after he says he would ‘100%’ free jailed tycoon

Hong Kong’s top leader on Tuesday warned President-elect Donald Trump not to interfere in the Chinese territory’s internal affairs after he said he would “100%” free the imprisoned pro-democracy ...

Posted on 12/11/2024

17 companies sign deal in gov’t push to boost Hong Kong’s tech sector, including one under US sanctions

Seventeen companies have signed a deal to set up or expand operations in Hong Kong amid the government’s push to boost the tech sector, including iFLYTEK, a Chinese artificial intelligence giant which ...

Posted on 12/11/2024

Hong Kong’s Tycoons Are Selling Trophy Homes at Fire Sale Prices

China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales. Frank Gehry ...

Posted on 12/11/2024

Hong Kong reporter says she’ll sue Wall Street Journal for dismissal over union role

A former Hong Kong reporter of The Wall Street Journal says she'll sue the publication for sacking her because she joined a trade union HONG KONG -- A former Hong Kong reporter of The Wall Street ...

Posted on 12/11/2024

Hong Kong Construction Titan Turned Macau Casino Boss Lui Che-Woo Dies Aged 95

HONG KONG (Reuters) - Lui Che Woo, the casino tycoon who helped propel Macau to eclipse rival Las Vegas in gambling revenues, has died at the age of 95, his company said in a statement late on Monday.

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