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Tag: business

Posted on 18/01/2025

GCC investors eye Hong Kong deals as bloc’s GDP passes $2.1tn

This statement came during Albudaiwi’s speech at the Gulf dialogue session held in Hong Kong as part of the Asian Financial Forum 2025. He stated that this session aims to highlight opportunities for ...

Posted on 18/01/2025

Hong Kong insurance premiums surge 12.2% in 9M 2024

The period already shows signs of a rebound from the 1.1% fall in 2023. Hong Kong’s insurers saw their total gross premiums increase by 12.2% year-on-year (YoY) in the first three quarters of 2024 (9M ...

Posted on 18/01/2025

Hong Kong must broaden ties with wider world, Beijing’s top man in city says

Liaison office director Zheng Yanxiong calls for innovation, while Chief Executive John Lee vows bold steps Beijing's top envoy in Hong Kong has urged the city to broaden its links with the outside ...

Posted on 18/01/2025

CEO of Hong Kong’s NWD buys company-built flat for US$6.4 million

Echo Huang Shaomei, appointed in November as the developer’s second new CEO in two months, purchases 4-bedroom, 1,522 sq ft North Point home.

Posted on 17/01/2025

Hong Kong stocks head for longest rising stretch in 3 months on China GDP data

China’s economy expanded by 5.4 per cent in the fourth quarter year on year, the National Bureau of Statistics said on Friday.

Posted on 17/01/2025

Hong Kong Tycoon Raising $50 Million to Boost City’s Image

Hong Kong billionaire Michael Kadoorie has approached investors to raise at least $50 million (HK$389 million) to fund efforts to boost the city’s image, according to people familiar with the matter.

Posted on 17/01/2025

46% of crypto VC funds went to US startups in Q4, and Trump could boost that

About half of all venture capital funding in the fourth quarter of 2024 went to cryptocurrency startups headquartered in the United States, and an incoming pro-crypto administration could push that ...

Posted on 17/01/2025

Nobel winner urges ‘amazing’ Hong Kong to keep hold of what made it a success

Nobel-winning economist James Robinson has hailed Hong Kong for its “amazing” inclusive society, calling on the city to deepen such inclusion and stay true to how it became great to further its ...

Posted on 17/01/2025

Hong Kong considers tax hike for top earners

Hong Kong’s government is exploring options to raise taxes on the city’s highest earners for a second straight year to plug shortfalls in its budget, according to people familiar with the matter.

Posted on 16/01/2025

Hong Kong tycoon Michael Kadoorie raising US$50mil to boost city’s image

Hong Kong billionaire Michael Kadoorie has approached investors to raise at least US$50 million (HK$389 million) to fund efforts to boost the city’s image, according to people familiar with the matter ...

Posted on 16/01/2025

Hong Kong’s Flagship Financial Forum Guests Enjoy City’s Multi-Faceted Appeal with Tourism Board

HONG KONG, HK / ACCESS Newswire / January 16, 2025 / To attract high-yield visitors to Hong Kong, the Hong Kong Tourism Board (HKTB) constantly promotes the development of Meetings, Incentives, ...

Posted on 16/01/2025

China critic Jimmy Lai paid US general to advise on Taiwan, Hong Kong court hears

Hong Kong democrat Jimmy Lai on Thursday told a court trying him for colluding with foreign powers that he paid a former U.S. general to advise former Taiwan president Tsai Ing-wen in late 2017, but ...

Posted on 16/01/2025

Hong Kong’s shuttered Physical gym chain owner sells 4 flats at over 40% discount

Disposal involved four units at Park Haven development in Causeway Bay, which were sold by Physical owner Luk Ngai-keung.

Posted on 16/01/2025

Hong Kong gets a boost as 3 global hedge funds open offices, recruit staff

Hudson Bay Capital, Sona Asset Management and Centiva Capital are setting up shop in the city, according to sources.

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