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Tag: business

Posted on 26/02/2025

Tech surge helps Hong Kong lead most Asian markets higher

Hong Kong stocks resumed their impressive start to the year on Wednesday as they rocketed more than three percent on the back of a surge in tech firms fuelled by fresh optimism over the sector in ...

Posted on 26/02/2025

Asia: Most markets rebound as Hong Kong tech rally resumes

ASIAN markets mostly rose on Wednesday after a poor start to the week, with Hong Kong boosted by a rebound in tech firms that had taken a hit from US moves to curb Chinese investments in the country.

Posted on 26/02/2025

Hong Kong to slash public spending, build AI institute

Hong Kong will cut public spending and restore fiscal balance by mid-2027 after a string of huge deficits, the city's finance chief said Wednesday as he unveiled growth plans including an artificial ...

Posted on 26/02/2025

Most Asian markets rebound as Hong Kong tech rally resumes

Asian markets mostly rose on Wednesday after a poor start to the week, with Hong Kong boosted by a rebound in tech firms that had taken a hit from US moves to curb Chinese investments in the country.

Posted on 26/02/2025

Hong Kong expects modest growth in 2025 as Paul Chan looks to fight deficit

HONG Kong Financial Secretary Paul Chan said the economy will grow modestly this year, as he looks to shrink the city’s deficit while countering headwinds from a slowing Chinese economy and rising ...

Posted on 26/02/2025

Hong Kong stocks snap 2-day drop as investors return to tech firms following US sell-offs

Hong Kong stocks rose to halt a two-day decline as investors returned to low-valuation Chinese tech stocks, which rallied after their biggest US counterparts fell into a technical correction. The Hang ...

Posted on 26/02/2025

Hong Kong office landlords in ‘defensive’ mode amid supply glut, relocation trend

Flight to quality’ of tenants is ‘absolutely going to continue’ with lots of new supply hitting the market, JLL analyst says.

Posted on 26/02/2025

Hong Kong assures economic ties with Philippines

Hong Kong, a special administrative region of China (HKSAR), continues to assure the Philippine government that it is committed to building a strong economic partnership, even as recent world events ...

Posted on 25/02/2025

Here’s why banks in Hong Kong are taking the fight to crypto bros

Developments in Hong Kong, which has finalised a regulatory regime for stablecoins, will be watched keenly in the US where such rules are still being debated, albeit in a newly favourable climate ...

Posted on 25/02/2025

Can New AI Platforms Predict The Next Unicorn?

Crunchbase and other data companies are beginning to use AI not just for research, but to help identify the next big investment.

Posted on 25/02/2025

Next wave of disruptors unveiled at 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 25/02/2025

Hong Kong to kick on with paperless stock market system in nod for environment

Listed companies will go fully electronic in batches over the next five years, while individual investors have options and costs to consider: SFC.

Posted on 24/02/2025

Hong Kong SMEs want funding support amid mounting costs, survey finds

More than half of the businesses surveyed by DBS hope the financial secretary will reveal some support for them in his budget address.

Posted on 24/02/2025

McKinsey’s China chairman: What Asia’s business leaders are worried about in 2025

When I attended the World Economic Forum’s annual gathering in Davos last month, Asia’s business executives were buzzing about the forces transforming the region. It’s a busy time: A new U.S.

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