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Tag: business

Posted on 19/09/2020

Hong Kong bars open to brisk business on Friday after two-month closure amid third wave of Covid-19 infections

Hong Kong’s loss-making bars and pubs woke up to brisk business on Friday evening after weeks of closure as social-distancing restrictions were relaxed, with customers happy to be out for a round or ... ( read original story ...)

Posted on 19/09/2020

Hong Kong employers who did not use Covid-19 wage subsidies to retain or pay staff ‘should face higher penalties’

Nearly one-fourth of those who joined the Employment Support Scheme, a major Covid-19-related relief measure, have sacked staff or failed to use all the aid to pay their wages. ( read original story ...)

Posted on 18/09/2020

Hong Kong Urged to Boost Stimulus Using Fiscal War Chest

Hong Kong’s government is drawing fresh criticism from economists and business advocates who say a third round of virus relief stimulus doesn’t go far enough. ( read original story ...)

Posted on 18/09/2020

Hong Kong Urged to Boost Stimulus Using War Chest

Hong Kong’s government is drawing fresh criticism from economists and business advocates who say a third round of virus relief stimulus doesn’t go far enough. ( read original story ...)

Posted on 18/09/2020

Hong Kong Urged to Boost Stimulus Using $126 Billion War Chest

Hong Kong’s government is drawing fresh criticism from economists and business advocates who say a third round of virus relief stimulus don’t go far enough. ( read original story ...)

Posted on 17/09/2020

Hong Kong Is a Troubling Case Study in the Death of Democracy

A free press suppressed. A vote postponed. Dissent criminalized. China’s insidious reengineering of the region marches on, but not without a fight. ( read original story ...)

Posted on 17/09/2020

ByteDance Rival Kuaishou Mulls $5 Billion Hong Kong IPO

Chinese startup Kuaishou, backed by Tencent Holdings Ltd., is considering a Hong Kong initial public offering which could raise as much as $5 billion, according to people familiar with the matter. ( read original story ...)

Posted on 17/09/2020

TikTok rival prepares for blockbuster Hong Kong listing

Chinese short video giant Kuaishou is preparing to raise $5bn in a Hong Kong listing, according to several people familiar with the situation, as its main rival ByteDance struggles to resolve US and ... ( read original story ...)

Posted on 17/09/2020

Here’s the pitch deck news audio startup Curio used to persuade Hong Kong billionaire Li Ka-shing’s Horizons Ventures to back its $9 million round

Curio says listening increased 40% through the pandemic, despite a widespread belief that audio platforms are primarily used by commuters ... ( read original story ...)

Posted on 17/09/2020

Coronavirus and globalisation: the surprising resilience of container shipping

Although the pandemic has brought chaos to the global economy, many lines are making more money this year than last ... ( read original story ...)

Posted on 17/09/2020

ByteDance rival Kuaishou aims to raise up to $5 billion in Hong Kong IPO – sources

HONG KONG (Reuters) - Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the ... ( read original story ...)

Posted on 16/09/2020

Vacancy in Hong Kong’s storage facilities, warehouses and logistics real estate may double as retailers end leases, slash stock

The glut of storage space will further weigh on rental charges, which have already fallen between 4 per cent and 7 per cent in the first six months of the year, as Hong Kong’s first-half economy ... ( read original story ...)

Posted on 16/09/2020

Investors should pay attention to company valuations in the Hong Kong IPO rush: Analyst

As more U.S.-listed Chinese companies get set to join the Hong Kong market, Joshua Crabb from Robeco warns investors must be selective about which listings to invest in. ( read original story ...)

Posted on 15/09/2020

Businesses Make Deeper Cuts; Hong Kong Stimulus: Virus Update

Hong Kong reported no locally transmitted infections for the first ... The firm told workers Friday in a memo that only employees performing “business critical” roles can return to its office near St. ( read original story ...)

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