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Tag: business

Posted on 02/05/2025

Meitu founder buys Hong Kong’s Ginza-style building for US$84 million

Mike Cai Wensheng, the co-founder and chairman of Chinese selfie app Meitu, bought a 53,000 square foot commercial building in Hong Kong for HK$650 million (US$84 million), with plans to turn the ...

Posted on 02/05/2025

Hong Kong’s GDP growth unexpectedly picks up amid tourism and export boom

HONG KONG] Hong Kong’s economy expanded at the fastest pace in more than a year, benefiting from a recovery in tourism and an export bump before US President Donald Trump’s drastic tariff hikes. Read ...

Posted on 02/05/2025

Hong Kong posts 3.1% growth, warns of trade war ‘risk’

Hong Kong's economy grew by 3.1 percent in the first quarter of the year, the city's government said Friday, though it warned US tariffs had heightened "downside risks" in the global economy. But ...

Posted on 02/05/2025

McKinsey Chief Speaks at Beijing Forum Hosted by China’s Government

McKinsey’s top executive, Bob Sternfels, quietly traveled to Beijing last month for a high-powered business conference during which Chinese officials wooed Western executives. Sternfels ...

Posted on 02/05/2025

Hong Kong’s robustness continues to strengthen its status as an international talent hub

Outreach initiatives to attract top professionals mark a critical step in the city’s strategy to enhance its competitiveness.

Posted on 01/05/2025

United InnoMed targets Hong Kong for heart device trials after new funding

Shanghai-based medical device start-up United InnoMed plans to collaborate with medical institutions in Hong Kong on clinical studies with the aim of commercialising an artificial intelligence -driven ...

Posted on 01/05/2025

‘Breaking through the US blockade’: HK backs Zhejiang tech firms but details are scant

Chief Executive John Lee met with Hangzhou's six little dragons to learn what they would need to expand and mitigate the disruptions brought about by the Trump administration. Read more at ...

Posted on 30/04/2025

Hong Kong data privacy firm Terminal 3 raises US$8 million

Terminal 3, a Hong Kong-based Web3 start-up specializing in decentralized data privacy, has raised US$8 million in seed funding to fuel its expansion and upcoming product launches.

Posted on 30/04/2025

Hong Kong entrepreneurs put pitching skills to the test with business magnate Allan Zeman

Given just 45 minutes and use of the Huawei MatePad Pro 13.2-inch, three business owners create presentations to be judged by the Lan Kwai Fong Group chairman.

Posted on 30/04/2025

Hong Kong retail tycoon offers to privatise Dickson Concepts in US$141 million deal

Offer is 51 per cent higher than its pre-suspension market price and above the stock’s price at any point over the past 10 years.

Posted on 30/04/2025

China’s Midea Group plans Hong Kong listing for logistics unit Annto

(Reuters) -Chinese home appliance maker Midea Group said on Tuesday it is planning to spin off and list its integrated logistics business Annto Supply Chain Technology on the Hong Kong stock exchange.

Posted on 29/04/2025

Novosense Eyes Hong Kong IPO As Competition Chips Away At Its Cash

The analog chipmaker's cash and margins dropped sharply last year, sending it into the red. Key Takeaways: Novosense has filed for a Hong Kong IPO, posting strong revenue growth l ...

Posted on 29/04/2025

Hong Kong’s unsold homes reach all-time high as buyers hesitate amid tariff threats

Weak demand prompted developers to rein in new launches, trimming potential supply for a fourth straight quarter.

Posted on 29/04/2025

Hong Kong’s lesson from 1967: Fight for flows

A previous generation of the affluent Chinese diaspora, which had made its money in resources like rubber, sugar, palm oil, and tin before and during World War II, stormed out of the British pound ...

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