Top Glove—controlled by billionaire Lim Wee Chai—has postponed plans to list on the Hong Kong bourse as profits tumbled after prices of rubber gloves moved closer to pre-pandemic levels. ( read original story ...)
Squat toilets and power adapters: Inside Hong Kong’s first Covid-19 isolation facility built with mainland China’s help
The 3,900-bed Tsing Yi Covid-19 isolation centre was the first of eight new quarantine facilities built with mainland help from mainland China to be completed. From its electric sockets to its ... ( read original story ...)
Coronavirus: Hong Kong school where gold medallist Cheung Ka-long learned to fence facing cash crisis because of Covid-19
Hong Kong Fencing School where Olympian Cheung Ka-long learned the sport has been closed since January because of the coronavirus surge in the city. ( read original story ...)
C Ventures, EQT co-lead $70m Series B round in UK consumer tech startup Nothing
C Ventures, a venture capital (VC) firm co-founded by Hong Kong-based conglomerate New World Development’s CEO, and Sweden’s EQT Ventures have jointly led a $70-million Series B round of financing in ... ( read original story ...)
How Hong Kong Became China’s Biggest COVID-19 Problem
Hong Kong’s COVID-19 defenses are in freefall, posing a serious threat to the rest of China’s zero-COVID strategy ... ( read original story ...)
Hong Kong to maintain highest fine of US$1.3 million for audit lapses at listed firms
Auditors of listed companies might continue to face a maximum penalty of a HK$10 million (US$1.3 million) fine under new regulatory rules that come into force in the fourth quarter, according to a ... ( read original story ...)
Prudential continues pivot to Hong Kong despite ‘difficult’ conditions
FTSE 100 life insurance group with dual headquarters plans to increase share of head office staff in territory ... ( read original story ...)
HKSTP and Infineon Launch Co-Incubation Programme to Accelerate Microelectronics Innovation and Propel Startups to Success
Hong Kong Science and Technology Parks Corporation (HKSTP) has partnered with global semiconductor leader Infineon Technologies Hong Kong Limited (Infineon) in a strategic co-incubation programme to ... ( read original story ...)
Cathay Pacific: Hong Kong flag carrier reports loss of HK$5.5 billion last year amid city’s tough coronavirus travel curbs
Carrier’s passenger capacity is just 2 per cent of pre-pandemic levels, as it burns HK$1.5 billion monthly in cash. ( read original story ...)
Business leader: HK not alone in battle against pandemic
During an online meeting two weeks ago, business leaders from other cities in the Guangdong-Hong Kong-Macao Greater Bay Area also expressed great concern and willingness to help. Appreciating the ... ( read original story ...)
Hong Kong businesses struggle to cope with brain drain as more people emigrate
More than a third (38%) of respondents said they had been adversely affected by the loss of emigrating workers to varying degrees, ranging from “medium” (24%), “high” (12%), to “very high” (2%). ( read original story ...)
Bankers abandon Hong Kong as Beijing and COVID-19 remake the city
The death knell for Hong Kong has been sounded many times since Britain returned Hong Kong to China in 1997. But executives say this time it’s different. ( read original story ...)
Hong Kong property agency Full Mark temporarily closes its offices as city struggles to contain Omicron outbreak
Lam Ka-sing is a business reporter who covers property affairs and results. He joined the Post in 2017 and has a degree in international journalism from Hong Kong Baptist University. ( read original story ...)
Vintage Watch Dealer Goes Her Own Way
Zoe Abelson left Hong Kong and the security of a full-time job. Now, based in New York, she searches for the watches of her clients’ dreams. ( read original story ...)