Tag: business

... Guangdong province within the ambitious Greater Bay Area plan is expected to foster the development of Hong Kong’s next “unicorn” start-up in the electronics sector, according to experts. “I’m very positive that this could happen very soon ... ( read original story ...)

It has excluded the big developers, pro-democracy politicians and activists. But, the business establishment is well represented by the Our Hong Kong Foundation. It fails to include dissenting and critical development voices like Paul Zimmerman. ( read original story ...)

They can now set up in Qianhai with a low amount of capital,” Hung said. Hung said the authority would work with Hong Kong’s business sector on how to further reduce barriers for SMEs to develop in Qianhai. Currently more than 4,564 Hong Kong companies ... ( read original story ...)

M&S said the 27-store Hong Kong business, where it has traded since 1988, is profitable with a "loyal customer base and strong brand awareness". In November we set out our plans to create a more sustainable, profitable and customer-centric international ... ( read original story ...)

Bindaree Beef has sold a 51 per cent stake in the company to the Hong Kong-based Hui family and the Hui-backed Archstone Investment Co in return for a "significant" investment in Bindaree Beef. ( read original story ...)

Today, Hong Kong has a thriving service sector, which, on average, will be slower to be replaced by automation than manufacturing. Applying the expected automation potential from the McKinsey analysis to the current industry mix in Hong Kong, only about 25 ... ( read original story ...)

At our TechCrunch China event in June we discussed the bright future that Hong Kong’s startup scene has, despite some big challenges. This week the country passed a notable milestone as it got its first $1 billion valued startup, better known as a unicorn. ( read original story ...)

Like all the best ideas, it started with a problem. For Steven Lam Hoi-yuen – the man who would go on to co-found Hong Kong’s first US$1 billion start-up – that problem was the difficulty of trying to find delivery vans. The year was 2010, and a ... ( read original story ...)

GoGoVan, a Hong Kong startup that has created an app-based platform for logistics services through vans, will be merging with mainland-based 58 Suyun, a freight unit of internet marketplace 58 Home. When the transaction is completed, 58 Home will emerge ... ( read original story ...)

Hong Kong’s stock market is making a comeback ... we may revoke the licences of corporations and individuals if they do not genuinely carry out a business in a regulated activity,” the SFC statement said. “This followed our observation that an ... ( read original story ...)

Former ambassador to the US department’s Office to Monitor and Combat Trafficking in Persons, Luis CdeBaca, has called on the financial industry in Hong Kong to do their bit combating human-trafficking in the region and urged the city’s government to ... ( read original story ...)

Hong Kong’s second-hand tiny flats are 9 per cent more expensive than larger ones on a per square foot basis, as record-high home prices and government cooling measures have created a mismatch between supply and demand. The average per square foot price ... ( read original story ...)

NEW YORK (Reuters) - Veridium Labs, an environmental technology startup headquartered in Hong Kong, said on Monday it hopes to raise $150 million in October by selling two types of tokens backed by forest carbon offset credits and other credits used to ... ( read original story ...)

Hong Kong’s securities watchdog has teamed up with its counterpart ... for customers but many brokers are still hesitant to widely adopt fintech or AI in their business for fear of liability and regulatory issues,” said Mau. “If the SFC and other ... ( read original story ...)