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Tag: business

Posted on 12/09/2023

Hong Kong development minister confirms luxury house at Redhill Peninsula has illegal structures, after site evacuated following landslide

Secretary for Development Bernadette Linn says initial investigation also shows luxury estate’s house No 72 unlawfully occupies slope considered government land.

Posted on 11/09/2023

Hong Kong Bar Association chief warns possible US sanctions on judges pose ‘real threat’ to judiciary’s hunt for top talent

Association chair Victor Dawes also urges business communities to promote strengths of city’s legal system to overseas counterparts.

Posted on 11/09/2023

Hong Kong flood aftermath: smooth return to work, school for commuters despite ongoing repairs after record-breaking black-alert rainstorm

Situation at Wong Tai Sin station during morning rush hour largely smooth, with passengers seen exiting and entering trains as normal.

Posted on 11/09/2023

Former CEO of China’s Alibaba quits cloud business in surprise move during its leadership reshuffle

In a filing to the Hong Kong stock exchange, Alibaba said that Eddie Wu, its new CEO, will also head its cloud unit. Wu and Alibaba’s new chairman Joseph Tsai assumed their new roles by Monday, with ...

Posted on 11/09/2023

Clone of This startup helps hospitals treat stroke patients quickly

Hopebotics’ device transfers stroke patients’ therapy at home whilst hospitals monitor the progress remotely. People, as they age, would frequent hospitals; and admissions in relation to the scale of ...

Posted on 11/09/2023

Hong Kong stocks hit 2-week low as Alibaba tumbles 3.3% on ex-CEO’s surprise exit, China deflation concerns

Hong Kong stocks fell to a two-week low ... Zhang’s exit “raises the likelihood that the business’s new partners will exert greater influence on strategic cloud decisions in the future,” said ...

Posted on 11/09/2023

Prudential Hong Kong invests in AI, clinics to capture share of booming policy sales to visitors from mainland China

The technology investment does not aim to replace staff or agents, and in fact the company plans to hire 4,000 more agents this year, CEO says Prudential boss optimistic about outlook for Hong Kong ...

Posted on 11/09/2023

Sky shuttles at Kai Tak? Hong Kong ‘will revive elevated transit project, propose solutions’ for transport woes in area as firms eye contract

Intense competition expected among Hong Kong, mainland companies to build East Kowloon transport network Monorail plan scrapped in 2020, but project on track to return amid mounting calls for better ...

Posted on 11/09/2023

China Citic Bank International eyes mobile banking increase in Hong Kong, aims to save 1 million sheets of paper a year

The lender aims to cut down on paper use in its 24 local branches to save 1 million sheets of paper a year, as it goes all-in on promoting its mobile banking app, according to a senior executive.

Posted on 11/09/2023

Hong Kong development minister confirms luxury house at Redhill Peninsula has illegal structures, hours after site evacuated following landslide

Secretary for Development Bernadette Linn says initial investigation also shows luxury estate’s house No 72 unlawfully occupies slope considered government land.

Posted on 10/09/2023

Hong Kong’s investment arm to start funding projects by year-end

The Hong Kong Investment Corp. (HKIC), a government-owned investment operation created last October, is actively selecting potential projects and is expected to begin pouring money into them by ...

Posted on 09/09/2023

Hong Kong flood aftermath: retailers call for shopping centre operators to cover thousands of dollars in business losses caused by record rainfall

Some shopping centres were left partially flooded after Hong Kong was struck by worst rainstorm in more than a century on Friday, with clean-up efforts continuing into next day.

Posted on 09/09/2023

Hong Kong police arrest 5 in crackdown on crime syndicates behind laundering of HK$105 million using tens of thousands of prepaid cards

HK$8,000 limit for one-off prepaid cards designed to prevent anonymous money laundering, according to police Two wine trading companies purchased over 40,000 prepaid cards worth more than HK$20 ...

Posted on 09/09/2023

Hong Kong’s much-loved film star Brigitte Lin takes on new role as ambassador for dementia project

Lin, now 68, shares her secrets for retaining a sharp mind as dementia prevention project announcedChinese University and Charles K Kao Foundation for Alzheimer’s Disease join forces to help fight the ...

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