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Tag: business

Posted on 12/05/2024

Xinhua lashes out at West over attacks on Hong Kong after US report calls for more sanctions

Countries such as US and UK have confused right and wrong, and played with 'double standards' to deceive world, commentary published by agency says Commentary follows latest annual report by US ...

Posted on 11/05/2024

Hong Kong’s tourism sector can look to mainland China for a boost but avoid overreliance, leading business group says

Betty Yuen of the city’s General Chamber of Commerce says the sector can explore new markets in Asean and the Middle East.

Posted on 10/05/2024

When panic buying at a Hong Kong bakery chain led to a 3-day run on cakes, as thousands cashed in vouchers

When rumours spread that popular Hong Kong cake shop chain Maria's was closing down in 1984, customers holding cake vouchers started panic buying Around 400 bakers worked to deal with the surge in ...

Posted on 10/05/2024

Hong Kong wakes up to potential of silver economy, with more services, tech products for rising number of elderly

New government panel starts work, with experts urging long-term planning for city's greying population More 'gerontech' equipment being developed and tried out by seniors coping with frailties of ...

Posted on 10/05/2024

Asia Deal Digest: In Hong Kong, Listings and Privatization Create Small Streams of Work While Southeast Asian Investors Go Global

Filings for Hong Kong listings have increased but so have privatizations. Kirkland, Clifford Chance, Davis Polk and Skadden pick up work.

Posted on 10/05/2024

Startup to launch new fleet of self-driving boats with important mission: ‘We are hoping that we will make a real impact’

"We want to be the leader that brings in the electric revolution, like Tesla has done for cars." Startup to launch new fleet of self-driving boats with important mission: 'We are hoping that we will ...

Posted on 09/05/2024

Hong Kong puts Google in hot seat with ban on protest song

Hong Kong called it "unbelievable” when Google rebuffed its 2022 request to bury a popular protest song from search results. Now armed with an injunction, authorities are putting legal pressure on the ...

Posted on 09/05/2024

Hong Kong’s Templewater, BP unit lead US$111 million fundraising for Australian green hydrogen start-up Hysata

Hong Kong-based private equity firm and BP Ventures to invest US$10 million each in the latest funding round, helping Hysata to scale up its green hydrogen facilities in New South Wales.

Posted on 09/05/2024

Hong Kong Woos Saudi Money in Attempt to Revive Stock Market

Hong Kong is turning to oil-rich Saudi Arabia for new funds to help offset a growing list of challenges facing its stock market. Most Read from BloombergAmericans Are Racking Up ‘Phantom Debt’ That ...

Posted on 08/05/2024

Struggling Hong Kong bars hope lucky draw will provide shot in arm but Lan Kwai Fong’s Allan Zeman urges them to look beyond ‘desperate’ measures

Hong Kong Bar and Club Association chief hopes lucky draw launched on May 1 can increase business by 10 to 20 per cent Bar trade performed the worst out of the entire restaurant sector in the first ...

Posted on 07/05/2024

Forget past glories, Hong Kong must find relevance in a changing world

The economy is ageing, as is the city, which faces growing capacity constraints. Before, Hong Kong’s congestion and high costs of living and business might have seem justified by its geopolitical ...

Posted on 07/05/2024

Hong Kong stocks open flat after 10 days of gains

Hong Kong stocks were barely moved at the open of business on Tuesday morning as traders struggled to maintain momentum after 10 straight days of gains, even after another strong performance on Wall ...

Posted on 06/05/2024

Billionaire creates startup to revolutionize clean energy with space-based batteries — here’s how it would work

While lithium-ion batteries have become the norm for battery-electric vehicles, they are not ideal for long-term energy storage. Billionaire creates startup to revolutionize clean energy with ...

Posted on 06/05/2024

Hong Kong’s tourism industry still struggling to recover as Labour Day ‘golden week’ trips hit just two-thirds of pre-pandemic levels

Financial Secretary Paul Chan says government will continue to work hard to attract more tourists to city, despite apparent trend towards commuter visitors.

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