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Tag: business

Posted on 27/04/2023

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.

Posted on 27/04/2023

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 ...

Posted on 26/04/2023

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 ...

Posted on 26/04/2023

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 ...

Posted on 26/04/2023

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 ...

Posted on 26/04/2023

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.

Posted on 26/04/2023

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 ...

Posted on 26/04/2023

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 ...

Posted on 25/04/2023

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 ...

Posted on 25/04/2023

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.

Posted on 25/04/2023

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 ...

Posted on 25/04/2023

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.

Posted on 25/04/2023

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.

Posted on 25/04/2023

High-profile competition for start-ups will drive innovation

So the news that the Alibaba Entrepreneurs Fund/ HSBC JUMPSTARTER 2023 Global Pitch Competition is now open for applications will definitely be music to their ears.   Alibaba Hong Kong Entrepreneurs ...

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