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Tag: business

Posted on 20/08/2023

Cross-border data deal between Hong Kong and mainland China will take time given regulatory differences, says EY partner

Industries such as artificial intelligence, which rely heavily on big data analysis, will benefit from the freer flow of data under the cross-border deal In June, Hong Kong and the Cyberspace ...

Posted on 20/08/2023

Population growth not enough for John Lee to declare ‘happy Hong Kong’ job done

While population growth is encouraging, officials must remember that retaining the talent they have attracted requires addressing many long-running issues Unaffordable housing, long working hours, ...

Posted on 20/08/2023

Yuan slump turns Hong Kong into haven as mainland Chinese rush for higher bank rates, insurance policies and US dollar

The yuan has depreciated 5.4 per cent against the US dollar this year to hit the weakest level since October, with some analysts forecasting further downside Lenders including HSBC, Standard Chartered ...

Posted on 20/08/2023

Hongkong Land: No Plan to Sell Central Properties; Rumors on Three Exchange Square Sales Purely Speculation

Media reports recently suggested that Hongkong Land is planning to sell Three Exchange Square, a grade-A business tower in Hong Kong’s Central district, with a staggering price tag of $16 billion.

Posted on 19/08/2023

7 prominent advocates charged in Hong Kong’s 2019 pro-democracy protests get convictions overturned

The Court of Appeals has overturned certain convictions against seven of Hong Kong’s most prominent advocates, who were charged during Beijing's unprecedented crackdown on the city's pro ...

Posted on 19/08/2023

Troubled Country Garden will be dropped from Hong Kong’s Hang Seng Index

Shares of China’s troubled Country Garden Holdings Co. will be dropped from Hong Kong’s Hang Seng Index, the stock index compiler announced Friday, in the latest blow to the company. The property developer’s shares have tumbled 71% this year,

Posted on 19/08/2023

Hong Kong 4th simplest jurisdiction worldwide for doing business. Indonesia and mainland China continue to be most complex APAC countries

LONDON, Aug. 18, 2023 /PRNewswire/ -- TMF Group, a leading provider of compliance and administrative services, has launched the tenth edition of its Global Business Complexity Index (GBCI). The comprehensive report analyses 78 jurisdictions (77 in 2022 ...

Posted on 18/08/2023

Why were some of the new offices in Hong Kong difficult to lease out?

That is despite offering attractive rental levels. Most companies in Hong Kong were not in expansion modes with business prospects still far from certain. According to Savills, even with ...

Posted on 18/08/2023

Hong Kong Food Expo: truffle milk tea and prize of 500 cans of abalone among lures exhibitors hope will drum up business

Operators are predicting up to 20 per cent boost in business over last year’s fair following end of pandemic restrictions.

Posted on 18/08/2023

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 18/08/2023

Hong Kong-owned electronics factory shuts down in Shenzhen and lays off workers as economic downturn bites

Xin An Electrical employs hundreds in Shenzhen and according to a notice has been hit by economic headwinds and lower orders.

Posted on 18/08/2023

Hong Kong Fintech Week 2023 from October 30 to November 5

Hong Kong Fintech Week 2023 is to be held in a hybrid format; physical attendees will participate but overseas attendees and ...

Posted on 18/08/2023

Hong Kong Food Expo 2023: post-Covid return of food-tasting draws thousands of hungry fans

Hong Kong’s first post-pandemic food expo opened its doors on Thursday to more than 1,000 visitors eager to snap up mouth-watering discounts and taste a smorgasbord of exotic fare at the annual ...

Posted on 17/08/2023

Tigermed Officially Opens International Headquarters in Hong Kong

The International Headquarters will enable Tigermed to coordinate and manage global projects more efficiently, drive business expansion, and empower customers on a global scale. Besides, it will bring ...

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