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Tag: business

Posted on 09/11/2023

Beware Wall Street’s ‘cash on the sidelines’ myth

Wall Street is once again pushing the feel-good theory that there is a giant wave of money just waiting to come into the stock market and drive stock ...

Posted on 09/11/2023

120 years of SCMP: from AS Watson to HSBC and Star Ferry, many of Hong Kong’s oldest businesses predated the Post

At least a dozen of those companies that preceded the 1903 birth year of the South China Morning Post remain to this day.

Posted on 08/11/2023

Prince William’s Earthshot Prize: Hong Kong lithium battery start-up GRST wins US$1.2 million award

an eco-friendly lithium battery technology start-up based in Hong Kong, has been named one of five winners of this year's Earthshot Prize. The inventor of a water-based battery manufacturing and ...

Posted on 08/11/2023

From AS Watson to HSBC and Star Ferry, many of Hong Kong’s oldest businesses predated the Post

When the South China Morning Post made its first print run in November 1903, Hong Kong was already a bustling entrepot teeming with a vibrant business community AS Watson, founded in Guangzhou in 1828 ...

Posted on 07/11/2023

Hong Kong’s proximity to mainland China, ESG regulations put city in front to become green finance hub: fund managers

Hong Kong is a natural gateway to mainland China, where the funding needs to align businesses with ESG requirements are huge, Amundi's Valerie Baudson says; Hong Kong has mandator ...

Posted on 07/11/2023

China vows to ‘go all out’ to highlight Hong Kong’s role as key link between mainland and rest of the world

China's financial officials promised to "go all out" to highlight Hong Kong's "unique advantages" as Asia's financial powerhouse and as the mainland's link to the rest of the world. "Hong Kong has ...

Posted on 07/11/2023

Hong Kong IPO: WuXi Biologics to spin off contract research, manufacturing unit via US$520 million deal in biotech push

WuXi XDC, a 60 per cent-owned unit of WuXi Biologics, could raise as much as US$520 million, including excess share allotment, based on the top end of its IPO price range.

Posted on 07/11/2023

Hong Kong cuts back on alcohol, as Gen Z helps push booze-free movement

DISTILLED fig, liquid beetroot and cherry juice. Green apple and lapsang souchong with a touch of dashi. Read more at The Business Times.

Posted on 07/11/2023

HSBC CEO says wealth flow from mainland China to Hong Kong up 3-4 times this year

HSBC Group CEO Noel Quinn on Tuesday said wealth flow from mainland China to Hong Kong has grown by three to four times this year.Speaking at the Global Financial Leaders Investment Summit hosted by ...

Posted on 07/11/2023

120 years of SCMP: Hong Kong’s property, finance, ESG and technology through pens and strokes of our journalists

Peggy Sito, Enoch Yiu, Eric Ng and Bien Perez are among the longest-serving veterans at the South China Morning Post With more than a century of experience between them, their stories recount Hong ...

Posted on 07/11/2023

Huawei Cloud’s flagship startup competition expands to Hong Kong

The expansion of the tech giant's accelerator programme into Hong Kong is a strategic move aimed at supporting the thriving tech ecosystem in the region.

Posted on 07/11/2023

Hong Kong remains a global financial powerhouse, key to developing mainland China’s economy, vice-premier He tells summit

Vice-premier He Lifeng says Global Financial Leaders' Investment Summit an important platform to showcase China's charm and Hong Kong's charisma The summit, hosted by the Hong Kong Monetary Authority, ...

Posted on 07/11/2023

Prudential: Hong Kong drives new business profits up 37 per cent as Asia strategy credited

Insurance giant Prudential’s new business profit rose to ($2,14bn) £1.7bn in third quarter, which was a 37 per cent increase on the same period for 2022 as the firm credits its new strategy.

Posted on 07/11/2023

Hong Kong regulator issues tokenized investments requirements amid demand

Providers are expected to take full responsibility for their tokenized products and ensure effective record-keeping, large risk appetite, and demonstrate operational soundness, among other factors.

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