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Tag: business

Posted on 07/09/2024

Hong Kong’s ambitions as sports events hub discussed at summit – as it happened

The Post is hosting the inaugural Hong Kong Sports Economy and Tourism Summit today, looking at global trends and the challenges ahead.

Posted on 07/09/2024

US warns American businesses about risks to Hong Kong operations

The United States on Friday warned American businesses about the risks to their operations in Hong Kong, saying many of them stemmed from a national security law that came into force in March.

Posted on 06/09/2024

Super Typhoon Yagi: Hong Kong back in business after trees toppled, 9 hurt and flights axed

Hong Kong slowly returned to normality on Friday afternoon as Super Typhoon Yagi departed after strong winds and heavy rain led to more than 100 trees being toppled, nine people suffering injuries and ...

Posted on 06/09/2024

Wealth transfers to spur family offices’ growth in SG, HK

The two markets each manage $1.3t in offshore assets. Hong Kong and Singapore will benefit from increased wealth flows from global investors shifting their eyes to Asia in search of a safe haven for ...

Posted on 06/09/2024

Hong Kong gym chain Physical Fitness ‘temporarily’ shuts down after HK$3 million unpaid pensions payments

Hong Kong gym chain Physical Fitness has announced a “temporary closure” citing high rents, after pensions authorities warned of legal action against the fitness company over HK$3 million outstanding ...

Posted on 06/09/2024

Salesforce Agrees to Buy Startup Own for $1.9 Billion

Salesforce Inc. said it was buying data protection and management solutions provider Own for $1.9 billion, the company’s second acquisition this week.Most Read from BloombergThe Outsized Cost of ...

Posted on 06/09/2024

Hong Kong’s Kai Tak Sports Park a cultural asset for promoting tourism: Paul Chan

Speaking at South China Morning Post summit on Friday, finance chief says sports should combine with business events to promote Hong Kong tourism.

Posted on 06/09/2024

Hong Kong Services Sector Set for Mainland Sustainability Windfall

Christina So, Head of ACCA Hong Kong and GBA Lead, said: "This study has delivered invaluable insights into the evolution of sustainable business practices in China, making it an essential reference ...

Posted on 06/09/2024

Nio’s Shares Jump After Chinese NEV Startup’s Loss Shrinks, Revenue Doubles in Second Quarter

(Yicai) Sept. 6 -- Nio’s shares soared after the Chinese new energy vehicle startup said its net loss shrank and revenue doubled in the second quarter of the year.

Posted on 06/09/2024

Potentially devastating typhoon approaching Hong Kong, disrupting life and business

Super Typhoon Yagi, the second strongest tropical cyclone of 2024, is impacting southern China, once again highlighting Apple's reliance on the country as iPhone 16 launches.

Posted on 06/09/2024

Super Typhoon Yagi live: China and Hong Kong raise emergency alerts as dozens of flights cancelled

China is bracing itself for the arrival of super-typhoon Yagi, expected to be the strongest storm in nearly a decade, as emergency alerts were raised, schools were shut and flights cancelled.Yagi, ...

Posted on 06/09/2024

Hong Kong’s Physical fitness chain temporarily shuts down after 38 years of business

Move comes after Hong Kong’s pension regulator demands Physical settle HK$3 million in outstanding contributions for 740 employees.

Posted on 06/09/2024

Southern China braces for Typhoon Yagi after it sweeps by Hong Kong

A powerful typhoon swept south of Hong Kong and was moving toward a Chinese island province where it was expected to make landfall Friday, forcing many aspects of life in the region to a halt.

Posted on 06/09/2024

Hong Kong Stock Market May End Losing Streak

The Hong Kong stock market has moved lower in four straight sessions, slumping more than 550 points or 3.2 percent in that span. The ...

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