Insurer AIA Group Ltd on Thursday reported a 28 per cent rise in first-quarter new business value on constant exchange rates basis as sales momentum across Asia, particularly in mainland China, ...
Start-ups put spotlight on Hong Kong’s innovation scene as annual Elevator Pitch Competition goes global
HKSTP presents its seventh EPiC event, which showcases the city’s I&T ecosystem, offers investment opportunities to competing start-ups, and has leading companies, sponsors and partners involved.
Sastanaqqam Shines at WOW Summit and Art Basel Hong Kong
Sastanaqqam, the innovative Dubai-based Web 3.0 ecosystem, recently made its presence known at the highly anticipated WOW Summit. The summit served as an ideal platform for Sastanaqqam to demonstrate ...
Semiconductor Wars: Why US and China continue to fight over chips
The US, Dutch and Japanese curbs have directly hit some of China's biggest chip manufacturers. Beijing has reacted with anger and defiance, vowing to accelerate its efforts to become self-reliant on s ...
ParticleX and HKUST Co-Invest in Quantum Computing Startup QUANTier
ParticleX, a leading venture capital company for startups, is thrilled to announce its partnership with the Hong Kong University of Science and Technology ...
Chinese Liquor Billionaire Gains $3 Billion With Hong Kong IPO But Faces Strong Competition
Wu Xiangdong, a Chinese liquor mogul once known for his savvy advertising tactics, has added another $3 billion to his fortune as his ZJLD Group raised HK$5.3 billion ($676 million) in one of the ...
Why are the US and China fighting over chips?
HONG KONG - The United States has moved to block China's access to the most advanced semiconductors and the equipment and talent needed to make them in recent months, citing national security.
China’s stock markets frustrate European funds as performance sags, while funds in Hong Kong worry over policy missteps
Returns from the onshore and Hong Kong stock markets are in disconnect with the economic recovery momentum. Bank of America disclosed key issues concerning its buy-side clients in Europe and Hong Kong ...
Deloitte and SAP Launch Business Outlook Report to Support Hong Kong Companies to Tackle Evolving Challenges with Digital Technologies
Deloitte China and SAP Hong Kong today launched "Thriving in Hong Kong, a city of resilience and opportunities", a new business outlook report developed from ...
Hong Kong falls 2%, leading losses in Asia as investors await Big Tech earnings
Asia-Pacific markets are set for a mixed open, following a similar session on Wall Street as investors look ahead to Big Tech earnings later this week. Alphabet , Microsoft , Amazon and Meta are among ...
Dalian Wanda unit’s Hong Kong IPO application lapses for the third time, bonds come under further pressure
The deadline to list Zhuhai Wanda Commercial Management Group lapsed on Tuesday, the Hong Kong stock exchange said, putting parent Dalian Wanda Commercial’s bonds under further pressure.
Microsoft provides fasttrack for Hong Kong Startups with new data and AI offerings
April 17, 2023, Hong Kong – Microsoft today announced that it is expanding its benefits for members of the Microsoft for Startups Founders Hub with new data and AI offerings, providing Hong Kong ...
Hong Kong stocks slide to 4-week low as Alibaba, Tencent, HSBC pace losses while investors fret about valuations, recovery outlook
Stocks extend a drop to the lowest level since March 28 as investors fret about valuations. Corporate earnings have been a disappointment, suggesting the market has run ahead of recovery momentum.
Hong Kong’s office market outlook improves after vacancy rate fell for the first time in 10 months in March
Hong Kong’s grade A office vacancy rate fell 0.2 percentage points month on month in March – the first decline since May 2022. Rents also slipped slightly to HK$54.7 (US$6.96) per sq ft from HK$54.8.