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Tag: business

Posted on 28/01/2025

Hong Kong stocks gain on valuation focus as DeepSeek sparks US tech rout

Stocks rise on bets investors will look for cheaper options after DeepSeek’s popular low-cost AI model sparked a US$1 trillion tech rout.

Posted on 28/01/2025

Hong Kong fashion trade show urged to ‘celebrate Year of the Snake’ by banning snakeskin

An animal rights organisation has called for snakeskin to be banned from a Hong Kong fashion trade show ahead of the Year of the Snake. In a statement last Friday, People for the Ethical Treatment of ...

Posted on 28/01/2025

Japan and Hong Kong markets set for mixed open after AI sell-off drags Wall Street

Japan and Hong Kong stocks were set to open mixed Tuesday, with several Asia-Pacific markets closed for the Lunar New Year holiday. Japan's Nikkei 225 futures pointed to a lower open for the market.

Posted on 28/01/2025

Marshall Sells to Hong Kong’s HSG in $920 Million+ Deal, Plans to Unlock Its ‘Full Potential Across the World’

HongShan Capital Group (HSG), which has acquired a majority interest in the “audio, tech and design powerhouse” at a $1.16 billion (€1.1 billion) valuation. Stockholm-based Marshall and Hong ...

Posted on 27/01/2025

Chinese AI startup DeepSeek disrupts US dominance, triggers selloff in US and Japan stocks

US tech giants and Japan chipmaker stocks feel the heat as China's startup DeepSeek demonstrates that it doesn't need massive capital investments to develop cutting edge AI. China's tech shares ...

Posted on 27/01/2025

AP PHOTOS: Hong Kong’s snake soup is slithering away but still simmers in a decades-old kitchen

As Hong Kong prepares to welcome the Year of the Snake on Wednesday, Chau Ka-ling displays a moving serpent with practiced ease, holding it like a pet in her decades-old restaurant in the city. As ...

Posted on 27/01/2025

Hong Kong’s property distress catching up with city’s banks

Prices of office buildings, shopping malls and other properties have fallen more than 40 per cent from their highs in 2018. Read more at straitstimes.com.

Posted on 25/01/2025

Why Every Hong Kong Business Needs an LEI Code for Global Transactions

Have you considered how your business manages international transactions smoothly and efficiently? Nowadays, seamless global transactions are vital for growth and credibility. Establishing trust and ...

Posted on 24/01/2025

Phishing alert as Hong Kong workers warned to be wary of fake company emails

Almost 10 per cent of workers clicked on a fake human resources department survey, a test involving 37,220 employees found.

Posted on 23/01/2025

Positive US-China ties top concern for Hong Kong-based businesses: AmCham poll

Survey from American Chamber of Commerce also finds 79 per cent of respondents have no intention of moving headquarters in next three years.

Posted on 23/01/2025

Hong Kong’s Paul Chan discusses cooperation with global leaders at Davos forum

The finance chief also promoted the city’s ‘new advantages’ during the World Economic Forum’s annual meeting in Davos.

Posted on 23/01/2025

Hong Kong’s Advantages Spotlighted at WEF Annual Meeting in Davos

Financial Secretary of the Hong Kong Special Administrative Region (SAR), Paul Chan, is among nearly 3,000 political leaders, financial officials and business elites ...

Posted on 22/01/2025

The 7th “HK Digital Advertising Start-ups X Publishing (Writers) Promotion Support Scheme”

Guests of Honor took a group photo with the selection committee members, judges, mentors, 12 groups of selected emerging writers and publishers, and representatives of 12 selected local digital ...

Posted on 22/01/2025

For nearly 80 years, HSBC Trustee has been helping families preserve wealth and legacy

Asia-Pacific set for an intergenerational wealth transfer estimated at US$5.8 trillion, but HSBC report finds many families lack a succession plan.

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