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Tag: business

Posted on 25/02/2022

Hong Kong’s new Covid-19 cases top 10,000 in spiralling outbreak

Hong Kong on Friday reported another sharp jump in new Covid-19 cases to more than 10,000 in the latest 24-hour period as it battles its worst outbreak of the pandemic. ( read original story ...)

Posted on 25/02/2022

In Hong Kong, Sustainable Businesses Create a Culture of Care

Seeking sustainability even in entrepreneurial endeavours is not exactly a new concept — especially in Hong Kong, where the government has drawn up plans of achieving zero-net emissions by the year ... ( read original story ...)

Posted on 25/02/2022

Vaccine pass already hurting business at struggling Hong Kong restaurants just hours after launch, industry representative says

The launch of the government’s vaccine pass scheme has proved to be yet another blow to Hong Kong’s already struggling restaurants, with one industry representative reporting an immediate drop in ... ( read original story ...)

Posted on 25/02/2022

Spooked by pandemic situation: Hong Kong’s compulsory Covid-19 testing, tough rules push some expatriates to leave

News of British mum separated from baby in hospital alarms expatriate families with young children Those eager to leave are finding it hard to get flights, prices of air tickets have shot up too After ... ( read original story ...)

Posted on 24/02/2022

Building For The Future: Hong Kong Billionaire Edwin Leong Takes The Long View On Housing

Patience is what matters to Hong Kong billionaire Edwin Leong’s venture into residential development. And with a net worth of $4.4 billion, the founder and chairman of Tai Hung Fai Enterprise can ... ( read original story ...)

Posted on 24/02/2022

Hong Kong Exchanges Touts IPO Backlog After Record Annual Profit

Hong Kong’s stock-exchange operator reported a profit equivalent to $1.6 billion, up 8.8% from the prior year but slightly lower than analysts polled by FactSet had expected. ( read original story ...)

Posted on 24/02/2022

Hong Kong Curbs, Singapore Delays Easing: Virus Update

Hong Kong may see thousands of restaurants shut down as the city ramps up its eradication campaign with some of the world’s toughest Covid curbs. Cases continue to rise in China and Singapore delayed ... ( read original story ...)

Posted on 24/02/2022

Covid Curbs Threaten a Third of Hong Kong’s Bars and Restaurants

Thousands of bars and restaurants in Hong Kong may shut as some of the world’s toughest Covid restrictions, aimed at taming a record outbreak, deal a heavy blow to the once-vibrant city’s economy. ( read original story ...)

Posted on 24/02/2022

Hong Kong bourse operator’s annual net profit rises 9%

The Hong Kong stock exchange operator's 2021 net profit rose 9% but missed expectations, as China's regulatory crackdowns resulted in fewer listings and struggling markets hurt its investment income. ( read original story ...)

Posted on 24/02/2022

Hong Kong starts vaccine requirement for restaurants, stores

Hong Kong launched a vaccination requirement to enter shopping malls, restaurants and a host of other places on Thursday as it battles an expanding omicron outbreak and tries to overcome vaccine hesit ... ( read original story ...)

Posted on 24/02/2022

A Third of Hong Kong Eateries, Bars, to Close as Curbs Linger

Thousands of bars and restaurants in Hong Kong will shut as some of the world’s toughest Covid restrictions, aimed at taming a record outbreak, deal a heavy blow to the once-vibrant city’s economy. ( read original story ...)

Posted on 24/02/2022

Engineering Professor Debuts On Hong Kong’s 50 Richest After His AI Startup’s Red-Hot IPO

The growing appetite for AI stocks fueled the successful market debut of Shanghai-based smart-tech pioneer SenseTime and earned cofounder Tang Xiao’ou a $6 billion fortune. ( read original story ...)

Posted on 24/02/2022

Hong Kong Billionaire Richard Li’s Wealth Rises As His Asian Insurer FWD Mulls IPO

On the plate of Richard Li, the 55-year-old son of billionaire Li Ka Shing, there’s a major piece of unfinished business from 2021: listing regional life insurer FWD. ( read original story ...)

Posted on 24/02/2022

Hong Kong’s 50 Richest 2022: Collective Wealth Down Just A Tad Despite Uncertainties, Li Ka-Shing Retains Top Spot

Hong Kong’s economy revived with a 6.4% rise in 2021, but strict measures to fight the pandemic impacted the benchmark Hang Seng Index. Under such mixed circumstances, the combined wealth of the ... ( read original story ...)

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