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Tag: business

Posted on 19/01/2021

Hong Kong’s Ocean Park Doesn’t Want to be a Theme Park any More

The Hong Kong government will provide another $361 million (HK$2.8 billion) to rescue city’s troubled Ocean Park, which has seen losses increased by the effect of COVID-19. The venture is to be ... ( read original story ...)

Posted on 18/01/2021

China’s Kuaishou Hong Kong IPO could value firm at about $60bln -sources

Chinese online short video company Kuaishou will open the books for its Hong Kong initial public offering (IPO) next Monday to raise at least $5 billion in a deal that could value the company at ... ( read original story ...)

Posted on 18/01/2021

Hong Kong fourth wave: restaurants, beauty parlours demand immediate easing of Covid-19 rules to prevent onslaught of closures, lay-offs

Restaurants, beauty parlours plead with Hong Kong government to allow them to open up their premises, after seemingly endless social-distancing curbs. ( read original story ...)

Posted on 18/01/2021

Alibaba Hong Kong Entrepreneurs Fund Picks Jumpstarter 2021 Top 10 Finalists

Meet the 10 finalists who will vie for two grand prizes totaling US$4 million in investment at the grand finale of its Jumpstarter 2021 competition. ( read original story ...)

Posted on 18/01/2021

How Cyberport start-ups innovate to help Hongkongers adapt to Covid-19 pandemic

Local companies Find Solution AI, Roborn and Bowtie answer needs in education, health management and safety as part of the ‘Braving the Epidemic’ campaign ... ( read original story ...)

Posted on 18/01/2021

Hong Kong’s Ocean Park to slash operating expenses with new dining and entertainment zone, individual charges for some attractions

Under the new plan, the struggling park will offer more than half its 1 million sq ft to outside service providers, sources say. ( read original story ...)

Posted on 18/01/2021

In Hong Kong, a new party’s calls for stability only raise suspicions

They are businessmen, born in mainland China, who serve on top advisory committees to Beijing and profess patriotism for the motherland. One recently traveled to an obscure village in southeastern ... ( read original story ...)

Posted on 17/01/2021

Coronavirus: Hong Kong faces new unemployment high, but finance chief warns worse may follow Lunar New Year

I am afraid that more business closures and lay-offs may occur after the Lunar New Year,” he added. In 2020, the number of bankruptcy applications surged 6.6 per cent year on year to nearly 8,700 ... ( read original story ...)

Posted on 17/01/2021

Hong Kong-listed Chinese restaurant operator Jiumaojiu is betting on younger consumers for growth in 2021

Guangzhou-based restaurants operator Jiumaojiu International Holdings is pivoting to younger consumers, as it emerges from the economic dislocation caused by the coronavirus pandemic. ( read original story ...)

Posted on 17/01/2021

Covid-19: Hong Kong-based TAL Apparel to launch masks that are effective even after 100 washes

Hong Kong-based TAL Apparel, which has diversified into the production of highly protective washable masks for the United States, is setting its sights on growth in the city and globally. ( read original story ...)

Posted on 16/01/2021

In Hong Kong, a New Party Calls for Stability (and Raises Suspicions)

Democracy advocates have called the Bauhinia Party a “Trojan horse” for the Chinese government. But Beijing’s local allies are wary of it, too. ( read original story ...)

Posted on 16/01/2021

Hong Kong Student of the Year Awards: fencing enthusiast, design leader win prestigious youth honours

Winfried Engelbrecht-Bresges, CEO of the Hong Kong Jockey Club, said ... In a sense, it is like the glue that pairs lots of different disciplines – such as business, engineering and economics – ... ( read original story ...)

Posted on 16/01/2021

The Hong Kong Tourism Board Announced 3.57 Million Total Visitor Arrivals in 2020

The Hong Kong Tourism Board (HKTB) today announced that the provisional total number of visitor arrivals in 2020 was 3.57 million, a 93.6% drop from 2019. Arrivals in January 2020 alone accounted for ... ( read original story ...)

Posted on 16/01/2021

Arbitrator’s eBRAM offers quick mediation of contractual disputes for HK$200 as Covid-19 roils Hong Kong’s small businesses

The eBRAM platform could not have kicked off sooner, as Hong Kong’s business community, particularly the so-called micro enterprises with fewer than 10 employees, are struggling to stay afloat in the ... ( read original story ...)

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