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Tag: business

Posted on 09/03/2023

Hong Kong MTR Corporation’s profits rise to HK$9.8 billion for 2022, up 2.9 per cent, but Covid-19 fifth wave hammers recurrent business

Rail giant's recurrent business dealt a heavy blow by the pandemic, with profits down 91.3 per cent year on year to HK$157 million for 2022 CEO Jacob Kam sees light at the end of the tunnel in terms ...

Posted on 09/03/2023

Greater Bay Area residents keen to visit HK: survey

A global consulting firm on Thursday said there is strong demand from Greater Bay Area residents to visit Hong Kong now Covid restrictions have been ...

Posted on 09/03/2023

Biden Extends Hong Kong DED Eligibility Until 2025

Hong Kong activists living in the United States in Deferred Enforced Departure (DED) status worried about whether their DED extended beyond the February 5, 2023, deadline. On January 26 ...

Posted on 09/03/2023

Hong Kong start-up Pantheon Lab is building digital human avatars for clients in the city amid generative AI boom

The start-up is working with, and looking to take on, more enterprise clients in Hong Kong including banks, restaurant chains and beauty products Pantheon Lab uses its own face shifting and lip ...

Posted on 09/03/2023

Hong Kong’s New Normal Isn’t Fooling Anyone

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Hong ...

Posted on 08/03/2023

SoftBank-Backed Startup Ziroom Is Said to Mull $1 Billion HK IPO

Chinese home rental platform Ziroom Inc. is considering a Hong Kong initial public offering that could raise about $1 billion as soon as this year, according to people familiar with the matter.

Posted on 08/03/2023

Hong Kong’s Cathay Pacific reports first operating profit since 2019

Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as the airline fights to return to pre-pandemic flight capacity. The company said in its statement ...

Posted on 07/03/2023

SoftBank-Backed CloudMinds Weighs $500 Million Hong Kong IPO

Artificial intelligence-powered robot developer CloudMinds Inc. is considering a Hong Kong initial public offering that could raise as much as $500 million, according to people familiar with the ...

Posted on 06/03/2023

Return of mainland Chinese big spenders buoys Hong Kong businesses, from finance to fortune-telling

More than 1.1 million mainland Chinese visitors arrived in Hong Kong last month - up from 280,525 in January Personal banking, wealth management, beauty services, real estate and fortune-telling all ...

Posted on 06/03/2023

AI levels playing field for startups, Big Tech in Asia

The biggest challenge with artificial intelligence today is how to best use it, and startups will always have the advantage of being able to experiment more freely.

Posted on 05/03/2023

Hong Kong will bounce back ‘differently’ to regain role as international finance centre, says Asian chief of Italian asset manager

With Hong Kong lifting its mask mandate last week, the government is pushing ahead with campaigns to attract financiers, professionals and businesses Sean Debow is co-author of the book Rise From ...

Posted on 05/03/2023

Happy Hong Kong? Look to wonton soup for the soul and small businesses

Organising a series of food fairs is a good starting point but insufficient to make up for all Hong Kong has lost over the past three years The city's happiness lies not in hosting large-scale ...

Posted on 04/03/2023

Hong Kong ends world’s last COVID-19 mask mandate

In a move designed to attract more visitors and business and restore normality after more than three years of COVID-19 restrictions, Hong Kong's chief executive John Lee said the financial hub ended ...

Posted on 03/03/2023

Market In Focus: Hong Kong Filmart Returns To In-Person Event As China Market Starts To Re-Open

After three years of taking place entirely online, Hong Kong International Film & TV Market (Filmart), the largest content market in Asia before the pandemic, is finally returning as a fully-fledged ...

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