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Tag: business

Posted on 06/10/2024

Hong Kong to welcome 10 more strategic firms, with focus on AI, big data: Paul Chan

Finance minister says latest batch of firms attracted under government initiative are from mainland China, US and Europe More than 10 companies in strategic sectors such as artificial intelligence (AI ...

Posted on 06/10/2024

Hong Kong investors turn to Japan’s hotels as funds, tourists soar to record high

Japan’s low interest rates and booming tourism are attracting investors like the Chiu family and Dorsett Hospitality International.

Posted on 06/10/2024

Hong Kong developer Lai Sun’s Yuen Long project a sell-out as buyers regain confidence

Buyers flock to Lai Sun’s The Parkland in Yuen Long, snapping up nearly all units amid rate cuts and stock market gains, boosting market confidence.

Posted on 06/10/2024

Hong Kong virtual banks struggle to turn profits after four years

In the four years since they began operating, Hong Kong's eight virtual banks have yet to become consistently profitable as they struggle with a low volume of transactions. While one says it is ...

Posted on 06/10/2024

Dunhill Family Office Network to set up in Hong Kong, a boon to city’s wealth hub status

The network is considering locations around Asia to set up a social clubhouse to host in-person events for its members, with Hong Kong being a potential location. Dunhill Ventures will set up its ...

Posted on 05/10/2024

Hong Kong stock market boom gives restaurants boost amid National Day ‘golden week’ holiday

Hotel industry also reports increase occupancy levels at some small and medium-sized venues, amid growing trend of last minute bookings.

Posted on 05/10/2024

Hong Kong ranks highly among world’s top business-ready economies, best for global trade

Government spokesman praises report by World Bank Group, says recognition underscores Hong Kong’s role as a ‘superconnector’ in global trade.

Posted on 04/10/2024

Hong Kong wins global acclaim as one of top places to do business

HONG KONG -- Hong Kong has been winning global acclaim for its ever-improving business and investment climate underpinned by its status as a global financial hub and relentless efforts to nurture ...

Posted on 04/10/2024

Hong Kong grants fresh licence to HKVAX to operate city’s third cryptocurrency exchange

Local firm Hong Kong Virtual Asset Exchange aims to offer over-the-counter trading, exchange and custody services.

Posted on 04/10/2024

Li Ning: Consider Both Growth And Margins

Li Ning's revenue growth outlook is positive, driven by a potential economic recovery in China and Nike's challenges. See why LNNGF stock is a Hold.

Posted on 04/10/2024

While no longer a manufacturing base for textiles, Hong Kong’s edge in R&D can innovate eco-friendly solutions for the industry

While no longer a manufacturing base for textiles, Hong Kong’s edge in R&D can innovate eco-friendly solutions for the industry.

Posted on 04/10/2024

Hong Kong can’t rest on laurels once it overtakes Switzerland as top family office hub: official

Hong Kong is set to surpass Switzerland as the top wealth management hub by 2027-28, but must stay competitive, says Joseph Chan.

Posted on 04/10/2024

Hong Kong will not sell commercial land for a seventh quarter

Hong Kong said on Friday it would not offer any commercial land for sale again in the quarter from October to December, the seventh in a row, as low demand keeps office vacancy rates high.Development ...

Posted on 04/10/2024

Hong Kong stocks resume rally as Alibaba, Tencent lead tech gainers

This round of rally has more legs as many stocks are still trading below their three- and five-year averages, says John Choi of Daiwa Securities.

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