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Tag: business

Posted on 15/08/2025

Hong Kong developers put more than 200 flats on sale amid interest-rate optimism

After more than two years of new flats selling for less than second-hand units, the price gap has started to narrow, analyst says.

Posted on 15/08/2025

Innogen’s shares almost quadruple in Hong Kong trading debut amid pharmaceutical bull run

Trading under the stock code 2591, Innogen’s shares first changed hands at HK$72 on Friday, almost four times more than the initial public offering (IPO) price of HK$18.68 despi ...

Posted on 15/08/2025

Hong Kong delays trial of democrat Jimmy Lai over heart problems

The closing submissions in a national security trial against Hong Kong pro-democracy businessman Jimmy Lai were delayed on Friday after his lawyer said he had suffered heart palpitations.

Posted on 15/08/2025

Trump says he hopes to ‘save’ Hong Kong democrat Jimmy Lai

U.S. President Donald Trump on Thursday said he would see what he could do to help "save" detained Hong Kong media tycoon Jimmy Lai, even though Chinese President Xi Jinping would not be "thrilled." ...

Posted on 15/08/2025

Early Adopters of Gen AI in Hong Kong Light the Way to Broader Implementation

Early adopters of gen AI are deriving positive business outcomes from established use cases. In November 2024, Harvard Business Review Analytic Services conducted a survey of 682 members of the ...

Posted on 15/08/2025

Hong Kong stocks flirt with 4-year high on Tencent earnings beat

Hong Kong stocks still have upside room,’ analyst says, adding that expectations for corporate earnings are stable.

Posted on 14/08/2025

Hong Kong developer Road King defaults after creditors reject debt amendments

Listed firm suspends nearly US$80 million in interest payments and distributions while seeking restructuring discussions with creditors.

Posted on 14/08/2025

CK Hutchison ports deal in focus as Hong Kong conglomerate reports results

By Clare Jim HONG KONG (Reuters) -Investors will look for comments from CK Hutchison on the status of its ports business sale to a consortium led by U.S. investment firm BlackRock when the Hong Kong ...

Posted on 13/08/2025

YSpace is turning Toronto and York Region into a springboard for Hong Kong startups

With support from Cyberport and YSpace, York University’s entrepreneurship and innovation hub, Ip is now leading RaSpect’s expansion into North America, tapping into a market that’s home to the ...

Posted on 13/08/2025

Hong Kong sells US dollars to fight carry trade, defend currency peg

The Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange market overnight for the 11th time since late June, buying local currency and absorbing interbank liquidity in a move that ...

Posted on 13/08/2025

Why Hong Kong May Soon Be the World’s Next Startup Powerhouse

Hong Kong is home to nearly 2,000 active startups, and its growth matches that of the fifth fastest-growing startup ecosystem in the world (Amsterdam), according to a new report from research firm ...

Posted on 13/08/2025

Hong Kong exporters ‘relieved’ over extended US-China truce, but worries linger

Shipments for Thanksgiving, Christmas likely to proceed unaffected, but longer-term uncertainty has dampened business confidence and cash flow Hong Kong exporters have expressed relief after a 90-day ...

Posted on 13/08/2025

Hong Kong’s CKI emerges as leading contender for Thames Water, The Times reports

Hong Kong's CK Infrastructure Holdings (CKI) has emerged as a leading contender to take over Thames Water and could assume control within weeks if Britain's largest water utility is placed into ...

Posted on 12/08/2025

Expedition, a startup searching for drugs from China, cuts its first deal

The startup agreed to pay Fosun Pharma as much as $645 million for a drug in testing for multiple lung conditions, including bronchiectasis.

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