Higher prices and a stronger currency over the past year kept the Asian city at the top of the tree, according to ECA International ... ( read original story ...)
Chinese movie industry screens business tragedy
Theatregoers are demanding a rewrite of China’s cinema script. Lockdowns pushed movie ticket sales to a 10-year low during the recent Dragon Boat Festival holiday weekend. While the country overtook ... ( read original story ...)
Hong Kong proptech start-up Butler expands beyond concierge services, signs up Swire, New World and Sun Hung Kai, eyes Singapore
The company, founded in 2018 to provide services such as cleaning and closet organising, now aims to revolutionise antiquated property-management practices Butler has signed contracts with Swire ... ( read original story ...)
Cathay Pacific given access to HK$7.8 billion loan from Hong Kong government for another year
Hong Kong flagship carrier Cathay Pacific Airways on Tuesday said it would be able to access a HK$7.8 billion (US$1 billion) loan facility in the next 12 months after the government extended the ... ( read original story ...)
How 3 insurance professionals have helped Hong Kong tackle challenges such as Covid-19 pandemic
Manulife Hong Kong’s actuary Danny Lee, wealth management manager Winvy Lung and advanced analytics specialist Alex Fung devised new customer offerings and services ... ( read original story ...)
AI-Powered Hong Kong Biotech Startup Raises $60 Million From Top VCs Including B Capital, Qiming
Hong Kong-based biotech startup Insilico Medicine has raised $60 million in Series D funding from investors including Singapore billionaire Eduardo Saverin's B Capital Group, private equity giant ... ( read original story ...)
Exclusive-Citigroup to Hire 3,000 in Asia Institutional Banking Business in Growth Push -Asia CEO
Citigroup Inc plans to hire around 3,000 new staff for its institutional business in Asia in the next couple of years, sharpening its focus in a fast-growing region where it has exited consumer ... ( read original story ...)
Hong Kong landlords and sellers should brace themselves for a more realistic property market in the near term
It now takes 18 minutes to get from Sha Tin to the city’s primary central business district ... For lack of a better word, Hong Kong has entered into a realistic property cycle. Despite rigid ... ( read original story ...)
Tencent-backed Chinese start-up G7 Connect and rival E6 Technology merge to create truck management services giant
The size of China's road freight market, the world's largest, was worth 6.2 trillion yuan (US$933.4 billion) in 2020, according to information provider Chyxx.com About 80 per cent of the country's ... ( read original story ...)
First Mover Asia: When It Comes to Crypto, Hong Kong Isn’t the World’s ‘Freest Economy’; Bitcoin Has a Late Fall
A memo by the city’s securities and futures regulator reminds investors of the risks of NFTs; altcoins surge and then drop. ( read original story ...)
Indonesia Masters: Hong Kong shuttler Lee Cheuk turns to world No 1 Viktor Axelsen to reverse disappointing start to 2022
Lee Cheuk, the No 2-ranked player in Hong Kong has spent the last two weeks in Dubai training with world No 1 Viktor Axelsen. ( read original story ...)
Why it’s time to end the late payment culture to supports startups and SMEs
Startups and SMEs are vital to the UAE economy, but it's time to tackle the culture of late payment, says Justin McGuire, co-founder and CEO – MENA & APAC, DMCG Global Why it's time to end the late ... ( read original story ...)
AWS and HKSTP Announce Strategic Collaboration to Accelerate Innovation and Technology Development in Hong Kong
Amazon Web Services (AWS) and Hong Kong Science and Technology Parks Corporation (HKSTP) announced a strategic collaboration today, aiming to foster a robust Innovation and Technology (I&T) ecosystem ... ( read original story ...)
BYD, Meituan lead Hong Kong stock gains as Beijing rolls back Covid-19 curb while HKEX wobbles on LME lawsuit
Hong Kong Exchanges and Clearing came under pressure as the group ... Beijing will reopen public transport service from Monday and let entertainment facilities resume business in most of its districts ... ( read original story ...)