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Tag: business

Posted on 14/03/2023

What healthcare services do GBA travellers seek from HK?

GBA travellers go to HK due to treatments not being available in Mainland China. Apart from shopping and touring, travellers from the Greater Bay Area also visit Hong Kong to seek medical services, a ...

Posted on 14/03/2023

Kampong Speu governor courts investors in Hong Kong

Kampong Speu provincial governor Vei Samnang has pledged to attract more investment to his province. Samnang announced that he would lead a provincial delegation to Hong Kong later this month to ...

Posted on 14/03/2023

Silicon Valley Bank’s collapse hastens unravelling of long-standing ties between US venture capital and China’s technology start-ups

Silicon Valley Bank's failure appears to have shattered its Chinese clients' belief that their money is bulletproof within the US financial system The likely impact of the US lender's collapse is that ...

Posted on 14/03/2023

Old Hong Kong Values Championed by New Talent in ‘The Remnant,’ HAF Work-in-Progress

Work-in-progress film project “The Remnant” is both a spotlight on those who feel powerless and also a very Hong Kong example of elements of the city pulling themselves up. “The Remnant” is one of ...

Posted on 13/03/2023

Chinese start-ups scramble for alternatives to SVB

Stunned by the sudden collapse of Silicon Valley Bank, the main go-to foreign bank for the majority of Chinese start-ups, entrepreneurs and venture funds are scrambling for alternatives despite U.S.

Posted on 13/03/2023

Hong Kong Firms’ Exposure to SVB Collapse Reaches About $200 Million; HKMA Steps In With Assurance

Beijing-headquartered biotech firm BeiGene, which had about $175 million in deposits at SVB was the worst hit among the Hong Kong-listed companies.

Posted on 13/03/2023

Over a dozen Chinese-based firms say they have minimal exposure to SVB

Over a dozen Hong Kong-listed companies have stepped forward to say they had little or no exposure to Silicon Valley Bank, the failed U.S. lender which has roiled investors and markets globally.

Posted on 13/03/2023

UPDATE 1-Over a dozen Chinese-based firms say they have minimal exposure to SVB

Over a dozen Hong Kong-listed companies have stepped forward to say they had little or no exposure to Silicon Valley Bank, the failed U.S. lender which has roiled investors and markets globally.

Posted on 13/03/2023

Hong Kong’s revival as a global IPO hub faces challenges – and it will be no panacea for the economy

Both Shanghai and Shenzhen have become leading centres for IPO listings, while Switzerland's equity market has also emerged as an attractive option for Chinese companies As a leading international ...

Posted on 12/03/2023

Language barrier hinders Hong Kong startups setting up shop in Korea

Justin Suen Long-kiu's biotech company joined the K-Startup Grand Challenge (KSGC) accelerator program organized by the Korean government to explore markets outside his native Hong Kong. The program ...

Posted on 12/03/2023

Resorts World sees quick recovery for Hong Kong’s passenger cruise market as it eyes local, mainland tourists

Resorts World launched the maiden voyage of the 13-deck Resorts World One from its home port of Kai Tak Cruise Terminal in Hong Kong on Friday; The return of mainland Chinese tour ...

Posted on 11/03/2023

Snap happy: Hong Kong’s multimillion-dollar pre-wedding photo business clicks back into gear after big-day Covid delays

After Covid-19 played havoc with marriage plans, photographers across the city are back in business, big-style When Hong Kong celebrity couple Carlos Chan and Shiga Lin announced they would wed on ...

Posted on 10/03/2023

AIA looks past biggest profit slump in a decade, banking on Hong Kong’s reopened borders to lift insurance sales

AIA's 2022 net profit tumbled 96 per cent to US$282 million, or US$2.36 per share, missing analysts estimates Sales jumped in the first two months, as a million mainland Chinese travellers poured ...

Posted on 10/03/2023

Hong Kong cruises into future with arrival of Resorts World One with 150 calls from ships from 16 companies to come

Cruise ship to set off for inaugural tour from Hong Kong on Friday evening, with nearly 3,000 passengers and crew on board High airfares and limited capacity provide an opportunity for cruise sector ...

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