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Tag: business

Posted on 26/12/2024

Hong Kong Fund Ups Stake in Kobayashi Pharma

Hong Kong-based activist investor Oasis Management has increased its equity stake in Japan's Kobayashi Pharmaceutical, rocked by a high-profile health hazard scandal over its supplements containing ...

Posted on 26/12/2024

Hong Kong’s Community Chest feels the pinch as cracks in economy, markets hit donations

But cracks in the economy in recent years have affected donations to The Community Chest of Hong Kong, which collects funds to support various social welfare causes in the city. The non-profit ...

Posted on 26/12/2024

Activists’ trial leaves a stain on Hong Kong. It can’t be business as usual.

The unjust sentencing of 45 pro-democracy politicians and activists tarnishes the city.

Posted on 26/12/2024

Hong Kong Legco president defends delegation’s Tokyo duty visit amid cost concerns

Eight-member delegation travelled to Japanese capital for four-day visit with budget capped at an estimated HK$250,000.

Posted on 24/12/2024

Shimao slashes Hong Kong Sheraton hotel price by 25% to speed up restructuring

Mainland Chinese developer is asking HK$4.5 billion (US$579 million) for the asset, down from HK$6 billion in March 2023, according to a source.

Posted on 24/12/2024

The Hong Kong films released in 2024 ranked from worst to best, led by The Last Dance

From We 12 to Papa, Fly Me to the Moon and The Last Dance, our ranking of the Hong Kong films that hit cinemas in the course of the year.

Posted on 24/12/2024

Singapore pulls ahead of Hong Kong in race to be digital asset hub

Singapore – Singapore forged ahead with efforts to formulate a digital assets hub in 2024, while rival financial centre Hong Kong has struggled to gain traction. Singapore doled out 13 licences in ...

Posted on 24/12/2024

Hong Kong gov’t has no business in show business – especially when times are tight

Opinion: "The government's role in fostering mega events should be confined to ensuring there are suitable venues for them," writes Tim Hamlett.

Posted on 24/12/2024

50% more footfall at Hong Kong malls over festive season so far

Bump of 15 per cent in sales projected at shopping centres, aided by revived multiple-entry visa scheme for Shenzhen residents.

Posted on 24/12/2024

Hong Kong’s Hang Seng Index clears 20,000 level as mainland buying props up sentiment

The benchmark gained 1.1 per cent, the most in nearly two weeks, while the turnover on the exchange was 14 per cent below average.

Posted on 24/12/2024

Singapore surpasses Hong Kong as digital assets leader in 2024 with 13 crypto licenses issued

Singapore stepped up its efforts to become a leader in digital assets in 2024, while Hong Kong struggled to keep pace in the race to attract crypto businesses. According to a Bloomberg report, ...

Posted on 24/12/2024

Hong Kong restaurants expect Christmas boom thanks to Shenzhen visa change

A 10 per cent year-on-year bump in business is expected over the holiday as many restaurants are fully booked.

Posted on 24/12/2024

Hong Kong gears up for Christmas as 1.1 million residents head out of city

Between Saturday and Monday at 4pm, 2.07 million people left Hong Kong while 1.26 million entered the city, a net outflow of 811,727.

Posted on 23/12/2024

Trump and Tesla will turbocharge self-driving race

In 2025, a competition to master assisted and autonomous driving will begin in earnest. Carmakers like Tesla are chasing a market that McKinsey reckons could be worth $400 billion by 2035. But the ...

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