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Tag: business

Posted on 14/10/2023

Hong Kong’s crypto hub dream mired in high costs, other barriers one year on, with JPEX but one stumbling block

Getting licensed as a virtual asset trading platform in Hong Kong can cost more than US$7 million, and success is not guaranteed Some crypto companies have sought to capitalise on the hype for the ...

Posted on 14/10/2023

Why are more Hong Kong young offenders getting involved in money laundering, fraud cases? Promise of quick cash a strong lure

In Hong Kong, only those above 10 years old are held accountable ... delivering photocopied documents to an alleged former business partner of his friend. Before he could be paid, however, a group of ...

Posted on 14/10/2023

Hong Kong authorities give the green light to 2 more trial projects to use hydrogen for producing electricity

Hong Kong authorities have agreed in principle to give two more trial projects the green light to use hydrogen to generate electricity. A spokesman for the Environment and Ecology Bureau on Friday ...

Posted on 14/10/2023

Hong Kong business correspondent on China’s response to Israel-Hamas conflict

China has ruffled a few feathers weighing into the Israel-Hamas conflict. It’s called for establishing an independent Palestinian state, but stopped short ...

Posted on 13/10/2023

Hong Kong’s John Lee to lead 70-strong delegation to belt and road forum in Beijing next week to tout city’s financial, professional services

Banking and finance heavyweights to join delegation for Belt and Road Forum for International Cooperation, which President Xi Jinping will also attend 'The delegation will proactively share with the ...

Posted on 13/10/2023

Hong Kong businessman jailed for 8 years for drugging and raping his domestic helper, 23, before trying to buy her off with HK$2,000

Lee Pui-hung, 60, tells High Court he immensely regrets the 'impulsive' acts he committed in the family home two years ago He made helper eat a sedative-spiked bowl of turtle shell herbal jelly and ...

Posted on 13/10/2023

Didi Plans 2024 Hong Kong Listing in Comeback Bid, Sources Say

China’s biggest ride-hailing company, Didi Global Inc., aims to list shares on the Hong Kong stock exchange next year, plotting a comeback from an ill-fated initial public offering in New York in 2021 ...

Posted on 13/10/2023

Victims of Hong Kong JPEX cryptocurrency say scandal exposes ‘loopholes’ in regulatory regime: ‘I have cried for many sleepless nights’

Victims say they were influenced by army of celebrities, blanket advertising and cryptocurrency investing education centres.

Posted on 13/10/2023

Hong Kong aviation engineering high-fliers get down to earth to help rescue teams find lost hikers

PolyU graduates Max Lee and Josua Chan develop AI technology that slashes time needed to analyse search-and-rescue drone images.

Posted on 13/10/2023

J&T Global Express seen valued at $13bln in Hong Kong IPO – sources

Courier startup J&T Global Express, which mainly operates in Southeast Asia and China, will launch a Hong Kong initial public offering on Monday that will value it at about $13 billion, three people ...

Posted on 12/10/2023

Climate change: Hong Kong-listed companies at risk of failing to meet more stringent emissions-reporting rules, PwC says

Hong Kong-listed companies must step up their preparedness for ... “[Companies] need to take a materiality approach – prioritise what matters to your business,” he said during a panel discussion on ...

Posted on 12/10/2023

Is Hong Kong’s celebrity-driven ‘fan economy’ a game changer, or a bubble about to burst?

Celebrities can get their fans to buy anything, but experts doubt impact on city's efforts to bounce back Fans go to extremes proving their devotion, splashing out on products endorsed by idols Freda ...

Posted on 12/10/2023

Some Hong Kong Stocks Are Soaring Again On Chinese Whispers About A Profitable Bailout

Talk in China Wednesday turned to how much of the country’s multi-billion warchest the government is about to use to stimulate its flagging economy.

Posted on 11/10/2023

Hong Kong restaurant chain to hand out coupons worth HK$600 each to boost business as part of ‘Night Vibes’ campaign

Kam Kee Holdings to distribute coupons worth HK$30 million in total to patrons on first-come, first-served basis.

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