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Tag: business

Posted on 06/05/2022

China’s EV darling Nio turns to Hong Kong and Singapore amid US delisting risk

Nio, an electric vehicle upstart from China, is planning to list its shares in Singapore, which will make the city-state the third base where it trades as geopolitical tensions between China and the ... ( read original story ...)

Posted on 06/05/2022

Alibaba, Meituan slump in Hong Kong as inflation, rate hikes deliver another blow to stock market

Local stocks face another torrid session as investors dump riskier assets. Concerns about rate hikes in a slowing global economy led to an overnight sell-off in US equities. ( read original story ...)

Posted on 05/05/2022

What it’s like trying to sell a home in the world’s most expensive real-estate market right now, according to 4 agents who work in Hong Kong

After a lull due to the city's COVID-19 restrictions, the real-estate market is seeing a surge in demand for off-plan launches, experts told Insider. ( read original story ...)

Posted on 05/05/2022

Alibaba leads Hong Kong stock gains on bets China to boost support for Covid-hit economy while HSBC, lenders rise on rate outlook

Ann Cao is a Shanghai-based technology reporter for the Post, covering technology start-ups and policies in the city and eastern China. She graduated from the University of Hong Kong with a master's ... ( read original story ...)

Posted on 05/05/2022

Hong Kong retail sales drop for second month but downdraft seen easing

Hong Kong's retail sales fell in March for a second consecutive month after the city imposed stringent restrictions to curb an outbreak of COVID-19 but the government expected the sector to draw ... ( read original story ...)

Posted on 05/05/2022

Tencent-backed KE Holdings gets nod for dual-primary listing in Hong Kong, shares to start trading next week

The Tencent-backed company said that it has received the go-ahead from Hong Kong stock exchange to list its class A ordinary shares on the main board by way of introduction. The shares will start ... ( read original story ...)

Posted on 05/05/2022

Insight – Don’t fret for Hong Kong’s dollar peg just yet

With a Covid-weakened business environment and inflation of less than 2%, Hong Kong needs higher borrowing costs like a hole in the head. But it has no choice. Arbitrage relationships limit the extent ... ( read original story ...)

Posted on 04/05/2022

Robotic marine trash collector starts making waves in Hong Kong

Back in November 2020, startup Open Ocean Engineering launched ... a sleeker Clearbot has now started patrolling Hong Kong waters. Meanwhile there are numerous efforts in play to try and remove ... ( read original story ...)

Posted on 04/05/2022

Chinese tech stocks tumble as insiders sell Meituan, JD Health while Hong Kong faces recession risks, higher rates

Hong Kong stocks retreated from a two-week high technology stocks ... suggests a lack of confidence in their business outlook, despite recent hopes for an end to Beijing’s trillion-dollar crackdown in ... ( read original story ...)

Posted on 04/05/2022

Meta Makes First Asia Investment With Mental Health Startup’s $3 Million Seed Round

Yet startups like Ami still face a challenge in the form of stigma ... A 2020 academic review of stigma against mental illness in China, Hong Kong, Japan, Singapore, Korea and Thailand found that ... ( read original story ...)

Posted on 04/05/2022

Business boom predicted for Hong Kong restaurants with city set to relax dining restrictions ahead of Mother’s Day

Hong Kong restaurants could regain 70 per cent of the business they had before the Covid-19 pandemic this weekend, an industry leader has said, as family dinner and birthday bookings surged in ... ( read original story ...)

Posted on 03/05/2022

Hong Kong Q1 GDP Shrinks More Than Expected on COVID Curbs

Hong Kong's economy contracted in the first quarter of this year as the city imposed its most stringent restrictions to curb an outbreak of COVID-19 that has battered business, led to an exodus of ... ( read original story ...)

Posted on 03/05/2022

HSBC faces call to spin off Asia business with Hong Kong listing

Global banking group HSBC is under mounting pressure as Ping An argued that an independent Asia business listed in Hong Kong would have higher profitability, lower capital requirements and more ... ( read original story ...)

Posted on 03/05/2022

How a digital revolution is redefining the way property owners design, operate and manage real estate in Hong Kong

According to a McKinsey report, existing buildings account for around 7 per cent of global CO2 emissions. In Hong Kong, a recent study found that because of its unique, high-density, built environment ... ( read original story ...)

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