Developers look set to step up their use of the compulsory-sale process to acquire, demolish and redevelop ageing buildings, and they’re hoping the government will make it easier for them to do so. ( read original story ...)
Hong Kong’s next leader John Lee says city faces challenges opening China border
Hong Kong's next leader John Lee said the financial hub faces difficulties before it can reopen the border with mainland China, after returning from his first meeting with President Xi Jinping since ... ( read original story ...)
Hong Kong restaurants report smooth launch of latest vaccine pass stage, but some diners turned away for failing to meet requirement
Employees say they told regular customers in advance to update their vaccine pass status, but some elderly diners were turned away for failing to meet new requirement. ( read original story ...)
Hong Kong’s new electoral system must be upheld to safeguard national security, but universal suffrage pledge still valid, Carrie Lam says
Chief Executive Lam says city’s electoral system in the past was ‘not good enough’, partly to blame for difficulties in last two decades. ( read original story ...)
Coronavirus: Hong Kong confirms 329 cases as bar clusters could mean delay in late-June easing of all social-distancing rules at pubs, restaurants
Chief executive says holding back on lifting of restrictions in this area will have minimal impact on society She also states there will be no further adjustments before June 30 to other pandemic ... ( read original story ...)
Hong Kong startup to join 90 Day Finn Programme
Hong Kong-based start-up founders Tanya Lee Moralez and Dominique Moralez have been chosen to join a 90-day programme to experience life and work in Helsinki, the capital of Finland. The ... ( read original story ...)
Start-up Express Pitching Final takes place on 15 June
Start-up Express, an entrepreneurship development programme organised annually by the Hong Kong Trade Development Council (HKTDC), has returned for its fifth edition. As they face up to issues arising ... ( read original story ...)
Richard Li’s FWD postpones its listing plan in Hong Kong amid persistent stock market slump, sources say
Hong Kong’s Hang Seng Index has fallen 9.3 per cent this year, a slump that deterred companies from raising capital through IPOs, driving the city to sixth place among global IPO destinations in the ... ( read original story ...)
Art Basel returns to Hong Kong, scaled-back but playing the long game
Asia's largest art fair is back in business. That's the message organizers of Art Basel want to get out. But after enduring two years of pandemic-related difficulties, this year's Hong Kong edition -- ... ( read original story ...)
Hong Kong’s catering, bar sectors could face up to 25 per cent drop in business this week, industry leaders warn, as nearly half of residents still without third coronavirus …
Industry leaders say local economy could be temporarily hit, but that more residents are likely to get their booster shots in the coming weeks Business volume for coming holidays in June estimated to ... ( read original story ...)
Iconic Jumbo Floating Restaurant may leave Hong Kong in weeks as operator warns 2-year closure has racked up bills
Hong Kong could lose its Jumbo Floating Restaurant as early as ... we do not foresee that [Jumbo] can resume business in the immediate future,” it added. Part of the problem was the lack of a dry dock ... ( read original story ...)
Xi Jinping backs new Hong Kong leader John Lee to maintain ‘order’
John Lee, on his first trip to Beijing since his appointment as Hong Kong’s Chief Executive, met Chinese President Xi Jinping, who was all praise for him ... ( read original story ...)
Shanghai aims for business as usual but hurdles remain
Hong Kong (CNN Business)China's richest and most international city is trying to return to business as usual after a two-month lockdown, but some restrictions will remain in place. Shanghai ... ( read original story ...)
Hong Kong stocks rise to 4-week high with gains in Meituan, Li Ning as Shanghai prepares to exit lockdown
Stock recovery continues as Shanghai prepares to reopen its economy after two months of lockdown. Earnings spotlight falls on Meituan this week after uplifting reports from Alibaba and Baidu. ( read original story ...)