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Tag: business

Posted on 27/01/2024

Elon Musk’s startup is reportedly building up a war chest to take on OpenAI

Musk has positioned his AI startup as an alternative to OpenAI ... Musk's company is in funding talks with investors in Hong Kong, according to the FT report, which cited multiple sources with ...

Posted on 26/01/2024

China’s Economic Slowdown Affects Hong Kong’s Rich, But India’s Business Families Continue To Thrive: Report

Several well-established affluent families in Hong Kong are grappling with the repercussions of China's economic slowdown, with four out of five among the 20 wealthiest Asian clans experiencing a ...

Posted on 26/01/2024

Elon Musk’s AI start-up seeks to raise up to $6 billion – FT

Elon Musk's artificial intelligence start-up xAI is in talks to raise up to $6 billion from global investors, the Financial Times reported on Friday, citing multiple people familiar with the ...

Posted on 26/01/2024

Hong Kong media tycoon Jimmy Lai backed second Donald Trump term, told Apple Daily not to target then US president, court hears

Jimmy Lai believed then US president Donald Trump would take hardline approach on the mainland through imposing ‘large-scale sanctions’, prosecution witness says.

Posted on 26/01/2024

In Hong Kong, decades of wealth gains evaporate on China’s watch

Hong Kong’s stock market is lower today than it was in 1997 when the territory returned to Chinese sovereignty. ] ...

Posted on 26/01/2024

Hong Kong’s tourism numbers to return to pre-Covid levels by end of 2025, new platform forecasts

Hong Kong's tourism numbers are projected to return to pre-pandemic levels by the end of 2025, a year later than in neighbouring Macau, according to a new forecasting platform developed by a local ...

Posted on 26/01/2024

The Ultimate Guide to Maximizing Your Fortune in Hong Kong

With this “Ultimate Guide to a Prosperous Year of the Dragon” curated by feng shui master Mak Ling Ling, you can effortlessly unlock a perfect new year while immersed in the festive bliss around Hong ...

Posted on 26/01/2024

After disgraced crypto entrepreneur’s ‘enjoyable’ Singapore prison experience, focus turns to exchange in Hong Kong

As has been common in the industry, OPNX has not listed a location for its headquarters. However, it registered an office in Hong Kong’s Central business district last May, with Lamb listed as a ...

Posted on 26/01/2024

Hong Kong’s office slump squeezes real estate funds

Hong Kong: Real estate funds are getting caught in Hong Kong ... That was before global financial firms cut space as business prospects dwindled and workers left the city amid tightening restrictions ...

Posted on 26/01/2024

Hong Kong to launch subsidy scheme for green fintech start-ups to bolster sustainability data acumen, official says

The Hong Kong government will soon launch a subsidy scheme for start-ups with expertise in the collection, analysis and reporting of sustainability data as part of an effort to connect the city's ...

Posted on 26/01/2024

Plan Your Chinese New Year Getaway and Enjoy an Unforgettable Valentine’s Day in Hong Kong

Known for its distinctive East-meets-West culture, Hong Kong is an ideal city for couples to celebrate both Valentine's Day and Chinese New Year ...

Posted on 26/01/2024

Hong Kong’s richest families lose billions while Indian clans thrive

Yet the collective wealth among the region's richest clans has never been greater: $534 billion, up $55 billion since March, driven by furious growth in India that has bolstered the Ambani, Mistry, ...

Posted on 26/01/2024

Hong Kong is becoming less of an international city

But 2084, a plant-based joint in Hong Kong’s New Territories, hopes doing so will help it attract more customers this year. “All the expats are gone,” says Naz Farah, the owner. “Now a lot of mainland ...

Posted on 25/01/2024

Buyer Beware: China Faces Challenges Bolstering Its Stock Market

Investors should be wary of the government's efforts to prop up China's equity markets. The weakness in the property market could be the tip of an iceberg.

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Recent Posts

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  • Fraud conviction overturned for Hong Kong’s Jimmy Lai, ex-media mogul and democracy activist 27/02/2026
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