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Tag: business

Posted on 16/10/2024

Hong Kong pushes reforms to spark economic growth, cut liquor duties

Hong Kong's leader pledged on Wednesday to reform and revive the economy and financial markets including slashing liquor duties, while seeking to improve dire living conditions for the city's poorest.

Posted on 16/10/2024

Switzerland’s wealth managers bank on a future in Asia

In times of war, political turmoil and rising taxes, the country’s stability and geopolitical neutrality — combined with its strict adherence to banking discretion — supported a thriving and ...

Posted on 16/10/2024

Hong Kong cuts liquor tax in effort to reignite its nightlife industry

HONG KONG (AP) — Hong Kong’s leader announced a cut to liquor tax Wednesday as the Asian financial hub hopes to revive its reputation as a travel destination with a vibrant nightlife and dining scene.

Posted on 16/10/2024

Intel-Backed Horizon Robotics Seeks Up to $696 Million in Hong Kong IPO

Horizon Robotics, a Chinese provider of software and hardware used in autonomous driving systems, is aiming to raise as much as HK$5.4 billion ($696 million) in its Hong Kong initial public offering, ...

Posted on 15/10/2024

Hong Kong starts insider trading case against Dickson Poon in 2019’s PayPal-linked deal

Dickson Poon, ex-husband of actress Michelle Yeoh, denies the allegation; his son and Dickson Concepts will also contest the SFC notice, according to filing.

Posted on 15/10/2024

Hong Kong’s Rising Appeal Among Middle Eastern Family Offices

Hong Kong's advantages as a global financial hub and gateway to China's markets make it an attractive destination for Middle Eastern ultra-high net worth families.

Posted on 15/10/2024

Hong Kong to host Rockefeller, Middle East tycoons at global family office forum

Standard Chartered to kick off its inaugural global family office forum in Hong Kong as the city enhances its role in the region.

Posted on 15/10/2024

Average salary hikes in Hong Kong, GBA dip in 2024

The average salary for employees in Hong Kong and the Greater Bay Area (GBA) saw a slight decrease in 2024, according to new data from the Hong Kong Institute of Human Resource Management (HKIHRM).

Posted on 14/10/2024

Exclusive-HSBC probes China Pinnacle wealth business on costs and control, say sources

By Selena Li, Engen Tham and Sumeet Chatterjee HONG KONG/SHANGHAI (Reuters) - HSBC Holdings Plc is reviewing expenses and operational controls at its China digital wealth business Pinnacle, in a move ...

Posted on 14/10/2024

Spirit of Hong Kong Awards: start-up shows sustainability can begin with a meal box

ReCube has been selected as a finalist for the Spirit of Hong Kong Awards 2024 in the ‘sustainability’ category.

Posted on 14/10/2024

Renovations and spiced-up menus: how Hong Kong businesses are weathering an economic storm

City has witnessed spate of business closures amid change in consumer trends following end of Covid-19 pandemic.

Posted on 13/10/2024

Hong Kong supermarket chain Uselect winds down operations amid relentless retail slump

A few outlets display signs announcing closure by end of October, while Post finds residents who pick smaller shops in effort to support local.

Posted on 13/10/2024

Exclusive | Hong Kong to fire up IT fund to lure more co-investors for start-ups

One option available is for government to stop investing in start-ups directly and put money instead into venture capital funds, copying mainland approach.

Posted on 13/10/2024

Chinese startups embrace new opportunities for high-quality development

Journalists interact with a bionic humanoid robot at the Zhongguancun International Innovation Center, venue for the 2024 Zhongguancun Forum (ZGC Forum), in Beijing, capital of China, April 24, 2024. ...

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