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Tag: business

Posted on 08/10/2024

Wall Street holds firmer after Hong Kong stocks fall to worst day since 2008

U.S. stocks are steadying themselves on Tuesday as falling oil prices release some of the pressure that’s built up on the market.

Posted on 08/10/2024

Hong Kong developers to make nearly 18,000 new flats available to homebuyers

The government has approved presale consent for several projects, with developers eager to offload unsold inventory.

Posted on 07/10/2024

Turning Points: Digital design studio Sennep

Sennep is a London-based digital design studio whose clients include Sky, Google Hong Kong, McKinsey and Unicef. It was founded in 2003 by Matt Rice and Hege Aaby, who tell us how side ...

Posted on 07/10/2024

Setting Up a Family Office in Hong Kong

Hong Kong's strategic location, strong financial infrastructure, and favorable tax regime make it an ideal destination for family offices.

Posted on 07/10/2024

Hong Kong gov’t seeking alternatives to ex-leader Carrie Lam’s HK$9.17m office ahead of lease expiry next year

The Hong Kong government is seeking alternative sites for the multi-million dollar taxpayer-funded office of former chief executive Carrie Lam ahead of the expiry of its lease next May. Earlier this ...

Posted on 07/10/2024

Deep Dive: Why Hong Kong’s small and medium-sized enterprises are struggling to survive

Hongkongers and mainland Chinese tourists are spending their money elsewhere, as SMEs grapple with the continued impact of the pandemic.

Posted on 07/10/2024

Spark Deep Dive: Why Hong Kong’s small and medium-sized businesses are in trouble

Many SMEs do not have enough money to operate, and they are losing customers and investors. Deep Dive delves into hot issues in Hong Kong and mainland China. Our easy-to-read articles provide context ...

Posted on 07/10/2024

India to Singapore, HK: Uber rich shift $235 bn to offshore family offices

Hong Kong ranked fourth with $70 billion in transferred assets to Singapore; the rest of Asia collectively parked over $370 billion in the island nation.

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.

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