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Tag: business

Posted on 08/09/2023

Rain pouring onto Hong Kong and southern China floods city streets and subway stations

Rain pouring onto Hong Kong and southern China overnight flooded city streets and some subway stations, halting transportation and forcing schools to close ...

Posted on 08/09/2023

Hong Kong Shuts Down City After Heaviest Rainfall On Record

Hong Kong’s heaviest rainstorm since records began in 1884 flooded the financial hub’s streets and sent torrents of water rushing through subway stations, bringing much of the city to a standstill and ...

Posted on 08/09/2023

Mainland visitors drive FWD Hong Kong’s new business sales and count in H1 2023

Its new business sales count also climbed 34%. In the January to June period, FWD Hong Kong saw its new business sales to Mainland China visitors surged by 88 times compared to the previous year, ...

Posted on 08/09/2023

Hong Kong paralyzed by flash flooding after heaviest rainfall since 1884

Record-breaking rainfall in Hong Kong caused widespread flash flooding across the financial hub on Friday, with many businesses and schools forced to shut, just days after the city was battered by a ...

Posted on 08/09/2023

Hong Kong closes schools as torrential rain floods streets, subway station

Hong Kong has closed schools and halted trading on the stock exchange as torrential rain lashed the city overnight, flooding streets in parts of the city and an underground subway station ...

Posted on 08/09/2023

Asia markets poised for mixed open ahead of Japan’s trade balance; Hong Kong may pause trade

Hong Kong's observatory issued a "black rain" warning, which sees the pre-opening session cancelled and morning trade likely to be limited.

Posted on 08/09/2023

Hong Kong Science Park opens branch in Shenzhen as neighbouring cities move forward with collaboration on tech hub

The new branch in Shenzhen is one of the first Hong Kong projects in the Hetao zone, which will take the lead in serving hi-tech companies, as the two cities work on building a global hub.

Posted on 08/09/2023

Hong Kong consumer watchdog slams 4 pharmacies over poor sales practices amid surge in complaints after border reopening

Consumer Council names and shames Causeway Bay quartet City Medicine, Medicine Palace Living Plaza, Global Medicine Company and On Hong Medicine Company.

Posted on 07/09/2023

Hong Kong’s Data Center Sector – Industry and Regulatory Landscape

The Hong Kong data center market presents myriad opportunities for investors as the industry witnesses strong growth and rising demand.

Posted on 07/09/2023

‘Night Vibes Hong Kong’: campaign must be affordable to counter trend of residents spending across the border, industry leaders say

A major campaign to revitalise Hong Kong’s night economy must be affordable not only for tourists but to counter a recent holiday trend of residents heading across the border, industry leaders on ...

Posted on 07/09/2023

Hong Kong tech hub Cyberport alerts police, privacy watchdog after reports of ransomware attack exposing 400GB of data

Hong Kong tech hub Cyberport has alerted police and the city’s privacy watchdog about a cybersecurity breach after a ransomware group reportedly claimed it had gained access to more than 400GB of ...

Posted on 07/09/2023

“Airwallex for Startups” Launches in Hong Kong to Assist Firms with Business Operations

Airwallex, a global payments and financial platform for modern businesses, today announced the launch of “Airwallex for Startups.” ...

Posted on 07/09/2023

Philippines’ Jollibee to acquire majority share in its Hong Kong franchisee

In a disclosure, JFC said the remaining 40% will still be held by Meko’s shareholders. “Hong Kong is an important market for Jollibee and an important part of JFC China’s strategy to elevate the ...

Posted on 07/09/2023

mm2 Asia invests HK$19 million in Unipact to expand concert business in Asia

MAINBOARD-LISTED mm2 Asia has subscribed HK$19 million (S$3.3 million) of exchangeable bonds issued by Hong Kong concert organiser Unipact Entertainment and Productions to enhance its live ...

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