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Tag: business

Posted on 30/04/2024

Hong Kong business sector, lawmakers hail minimum wage formula, but economist warns over risks of potential price spiral

Proponents say formula provides ‘objective data’ in determining wage levels, but one economist has warned the measure could trap the city in a wage-price spiral.

Posted on 29/04/2024

Hong Kong Stock Exchange say their goodbyes to first woman chair

"Iron Lady" Laura Cha concluded on Wednesday her six-year chairmanship as the first helmswoman of Hong Kong's ailing stock exchange, which has suffered

Posted on 29/04/2024

China-Belarus Industrial Park Great Stone hosts Hong Kong delegation

The China-Belarus Industrial Park Great Stone has hosted a delegation of the Hong Kong business community, BelTA learned from the press service of the industrial park.

Posted on 29/04/2024

Hong Kong stocks rise for sixth straight day, in longest winning streak since October on earnings optimism

Hong Kong stocks rose for a sixth day, heading for the longest winning streak in six months, amid optimism around corporate earnings as the results season unfolded in the world’s second largest ...

Posted on 29/04/2024

HBO’s Password Crackdown Looks a Lot Like Netflix

Netflix has posted its strongest growth in years thanks to its crackdown on password sharing. While Warner Bros. doesn’t have the same potential number — Netflix had more than 100 million borrowers – ...

Posted on 29/04/2024

Bad weather and weaker yuan cast cloud over Hong Kong ‘golden week’ hopes and could cut trade in restaurants by 30%

Predictions restaurant trade will suffer from golden week double whammy despite an estimated 800,000 tourist arrivals from across the border.

Posted on 29/04/2024

AIA new business value soars 27%, with Hong Kong and China the largest contributors

The firm will add US$2 billion to its existing US$10 billion buyback programme. Read more at straitstimes.com.

Posted on 29/04/2024

Let’s keep our expectations of Hongkong Post realistic

is it too much to expect the postal service to have the business acumen to tackle revenue challenges? This seems unrealistic, to say the least, when Hongkong Post doesn’t appear to be capable of ...

Posted on 29/04/2024

Hong Kong’s MPF to launch electronic platform in June, in biggest overhaul since starting in 2000

The Mandatory Provident Fund, Hong Kong’s pension-fund operator, will launch its electronic platform in June, in the biggest overhaul of the city’s compulsory pension programme since it started in ...

Posted on 29/04/2024

Insurer AIA’s Q1 new business value rises 31%, announces $2 billion buyback

(Reuters) -Hong Kong-based insurer AIA Group on Monday posted a 31% rise in its first-quarter value of new business (VONB) on a constant exchange currency basis helped by strong performance across ...

Posted on 29/04/2024

ClearBridge Global Value Improvers Strategy Q1 2024 Commentary

The ClearBridge Global Value Improvers Strategy outperformed its MSCI World Value Index benchmark during Q1 2024. Click here to read the full fund letter.

Posted on 28/04/2024

Hong Kong, Macao SAR governments welcome updated policies to facilitate mainland business, talents’ travels

The governments of the Hong Kong Special Administrative Region (HKSAR) and the Macao SAR on Sunday welcomed an announcement earlier in the day by the Chinese mainland authorities to facilitate ...

Posted on 28/04/2024

Austin, Texas-based start-up Episode Six is banking on Hong Kong demand for virtual payments, SME lending

Episode Six, or E6, a global provider of payment processing and digital ledger infrastructure for banks and financial institutions, plans to expand its footprint in Hong Kong this year.

Posted on 28/04/2024

Grand Opening of April 2024’s Global Sources Sports & Outdoor and Fashion: Unveiling New Business Opportunities in Sports Fashion

Phase 3 of the 2024 Global Sources Hong Kong Shows officially opened on April 27, 2024, bringing together two shows – Global Sources Sports & Outdoor and Global Sources Fashion. The event will run until April 30 at AsiaWorld-Expo.

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