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Tag: business

Posted on 03/01/2024

Exclusive | Green finance: Hong Kong, Greater Bay Area to fuel US$50 million decarbonisation fund run by wealthy Australian family

Besides raising funds here, Green believes Hong Kong and the Greater Bay Area have a lot of potential start-ups for the fund to invest in. Before returning to Australia four years ago, Green lived in ...

Posted on 03/01/2024

Has Hong Kong lost its way in the tourism business and is there a route back despite stiff competition from neighbouring cities?

More Hongkongers are heading to neighbouring Shenzhen for leisure, with some putting aside politics to embrace cheaper prices, better service and more options But mainland visitors are not returning ...

Posted on 03/01/2024

Media watchdog warns press freedom in Hong Kong under ‘continuous attack,’ as gov’t hits back at ‘baseless smears’

Hong Kong has hit back at an international media watchdog’s statement that Hong Kong and mainland Chinese authorities had “continuously attacked” press freedom in the city, calling the comments ...

Posted on 03/01/2024

Democracy activist Jimmy Lai pleads not guilty at Hong Kong trial

Prominent activist and publisher Jimmy Lai on Tuesday pleaded not guilty to three charges of sedition and collusion with foreign countries in a landmark national security trial in Hong Kong.

Posted on 03/01/2024

‘It’s very quiet’: Hong Kong restaurants dealt double blow by New Year’s Eve weak tourist influx, trend of residents spending across border

Catering industry registered HK$380 million in revenue on New Year's Eve, compared with HK$420 million in 2022 'The figure is a result of a lot of Hongkongers spending their holidays across the border ...

Posted on 02/01/2024

Incentive Schemes for Companies in Hong Kong

There are a myriad of government funding schemes available to help companies in Hong Kong grow, innovate, nurture talent, and more.

Posted on 02/01/2024

Hong Kong media mogul Jimmy Lai pleads not guilty to national security, sedition charges

Hong Kong media mogul Jimmy Lai has formally pleaded not guilty to conspiring to collude with foreign forces and publishing “seditious” materials in his closely-watched national security trial.

Posted on 02/01/2024

Hong Kong Hosts Largest-Ever New Year Countdown Firework Performance to Welcome 2024

Organised by the Hong Kong Tourism Board (HKTB), the firework musical performance of “Hong Kong New Year Countdown Celebrations” concluded successfull ...

Posted on 02/01/2024

Hong Kong stocks make a dismal start to 2024 after China PMI report hints at sustained economic weakness

There was no respite for Hong Kong stocks on the first day of trading in 2024 following four years of declines, after latest PMI data showed factory activity in the world’s second largest economy ...

Posted on 02/01/2024

Hong Kong home prices to erode another 10% in 2024 as impact of expected interest-rate cuts will take time: Citigroup

It will take time for interest-rate cuts to impact the Hong Kong economy,' analyst says The bank expects the Fed to start cutting interest rates in July and reduce them by 1 per cent this year Hong ...

Posted on 02/01/2024

China and Hong Kong shares suffer a dismal start to 2024

HONG KONG -- China and Hong Kong markets opened lower on their first trading day of 2024, having ended 2023 as two of the year's worst performers and amid lingering concerns over Beijing's crackdown ...

Posted on 02/01/2024

Hong Kong activist publisher Jimmy Lai pleads not guilty to sedition charges

Prominent activist and publisher Jimmy Lai on Tuesday pleaded not guilty to three charges of sedition and collusion with foreign countries in a landmark national security trial in Hong Kong ...

Posted on 02/01/2024

Hong Kong Stocks Start Year With Steep Loss

Hong Kong stocks sank Tuesday on a disappointing return from the New Year break as worries about the Chinese economy trumped hopes for a series of Federal Reserve interest rate cuts in 2024.

Posted on 02/01/2024

Hong Kong’s IPO market to stabilise amid listing reforms and lower interest rates, PwC says

Hong Kong’s listing reforms include easier rules to help connect specialist tech companies with global capital. Fundraising in the city is expected to cross US$12.8 billion this year.

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