Tag: business

Hong Kong stocks opened higher and continued rising in early Tuesday trading, with Tencent leading the gainers, after the US Dow Jones Industrial Average marked its 70th record finish of the year on Monday. The Hang Seng Index was quoted at 29,228.38 in ... ( read original story ...)

InterContinental Grand Stanford Hong Kong has again triumphed at the World Travel Awards (WTA) Grand Final Gala Ceremony 2017 held in Vietnam, garnering the biggest recognition as World’s Leading Luxury Business Hotel. InterContinental Grand Stanford ... ( read original story ...)

Hong Kong’s stocks gained for the first time in three trading days, as the city’s stock exchange operator jumped the most in four weeks on optimism that its revision of listing rules will attract more blockbuster IPOs to the city. The Hang Seng Index ... ( read original story ...)

Shanghai Tang, Hong Kong’s home-grown fashion brand, will go global with stores in Paris, Milan and more cities on the mainland over the next two years, according to one of its new owners. The company, which was bought by Italian textile businessman ... ( read original story ...)

Yau noted that Hong Kong is Asia's wine hub and a wine free-port and also offers a business and logistics infrastructure for the wine business to thrive. The Drinks Business reported that presently Argentina’s wine imports constitute only a small amount ... ( read original story ...)

Discovery Bay, HKRI’s flagship property in Hong Kong, is a resort-style residential project on northeastern Lantau Island, comprising villas as well as low, mid and high-rise residential developments. “Hong Kong developers can’t afford to be as ... ( read original story ...)

Horizons Ventures, the VC firm founded by Hong Kong’s richest man Li Ka-Shing, has made a rare early-stage investment after it backed AI startup Fano Labs. Horizons has invested in the likes of Facebook, Razer, Slack, Improbable, Spotify and more, and ... ( read original story ...)

Hong Kong’s move to allow dual-class shares should attract a wave of listings by Chinese technology companies. It won’t be enough for the city to challenge New York as the global hub for new-economy fundraising. Despite a year of hot flotations that ... ( read original story ...)

A Hong Kong court has issued its first ban on a short-seller from ... and loss done to it by the injunction because it was not allowed to engage in its business of making the larger investment community aware of false accounting by a listed company? ( read original story ...)

Billionaire Li Ka-shing is betting on a little-known Hong Kong start-up that uses artificial intelligence (AI) to sieve through tens of thousands of daily call-centre conversations conducted in China’s major dialects. Fano Labs, which is a specialist in ... ( read original story ...)

The observation wheel at Hong Kong’s Central Harbourfront will start turning again just ahead of Christmas, with the new operator pledging there would be no fare hikes in the next three years after drastically reducing entrance fees. From Wednesday ... ( read original story ...)

Hong Kong’s dollar witnessed its biggest weekly drop in a month on Friday after HKMA’s comments that it was not aiming to curb depreciation pressure. The currency fell 0.06 per cent to HK$7.8130 against the US dollar on Friday, and has lost 0.09 per ... ( read original story ...)

The Hong Kong dollar plunged the most in 22 months after the city’s de facto central bank said it will not seek extra exchange fund bills and that it would let the currency fall to the weak end of the currency peg. Bloomberg reported Hong Kong Monetary ... ( read original story ...)

With more than 80 institutional customers, Hongkong-based Lynk aims to solve an expertise problem rampant in everyday business relationships. The online service connects enterprise users to experts in a variety of fields. Peggy Choi, 35, is a finance ... ( read original story ...)