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Tag: business

Posted on 14/12/2024

Think Business, Think Hong Kong: Spotlighting Asia opportunities in Jakarta

The Hong Kong Trade Development Council (HKTDC) is set to conduct its mega-promotion campaign, Think Business, Think Hong Kong (TBTHK), in Jakarta on Jan. 8, 2025.

Posted on 13/12/2024

McKinsey Reportedly Trims China Workforce By A Third Amid Rising Tensions

Over the last two years, the firm has reduced its workforce in Greater China, including Hong Kong and Taiwan, by several hundred employees. As of June, McKinsey had nearly 1,500 employees listed ...

Posted on 13/12/2024

Hong Kong’s 2024 GDP growth expected at 2.4%, business confidence feeble amid trade war fears, survey finds

Hong Kong’s economic growth this year is forecast to be 2.4 per cent, lower than the 3.2 per cent in 2023, as businesses remained pessimistic about 2025 amid fears of a trade war between Beijing and ...

Posted on 13/12/2024

Private credit main option for some but IG deals still a pipe dream, say lenders

Lowy at SC Lowy said: “What is attractive with private credit is that, unlike traditional banks, private creditors engage closely with borrowers, developing bespoke solutions such as cash-flow-based ...

Posted on 12/12/2024

Hong Kong hits ‘new highs’ in start-up numbers, foreign and mainland firms: Chan

Hong Kong signs deal with China Council for the Promotion of International Trade to bolster cross-border commerce and investment.

Posted on 12/12/2024

John Lee urges Hong Kong firms in Beijing to take lead on integration push

Hong Kong’s leader has urged Beijing-based businesspeople from the city to spearhead efforts on national integration and foster cultural exchanges between their hometown and the capital. Chief ...

Posted on 12/12/2024

44% of businesses have negative economic outlook for Hong Kong, poll finds

About 44 per cent of businesses have developed a negative economic outlook for Hong Kong over the next 12 months, the highest level in five years, according to a survey by one of the city’s most ...

Posted on 12/12/2024

Huawei’s EV Partner Seres Is Said to Consider Hong Kong Listing

Huawei Technologies Co.’s electric-vehicle partner Seres Group Co. is considering a second listing in Hong Kong, people familiar with the matter said, marking the latest such move by a mainland-listed ...

Posted on 12/12/2024

Chinese Restaurant Chain Xiaocaiyuan Aims to Raise $101 Million in Hong Kong IPO

Chinese restaurant chain Xiaocaiyuan International plans to raise US$101 million in an initial public offering in Hong Kong, tapping into renewed demand for listings in the Asian financial hub.

Posted on 12/12/2024

Hong Kong’s US$38 billion year for M&A sparks rare bidding wars

THIS year is poised to be the busiest in nearly a decade for takeover deals involving a range of Hong Kong-listed companies, from skin-care brands to warehouse operators. Allied to that has been an ...

Posted on 12/12/2024

HK’s IPO market to keep top 5 ranking in 2025

As of Dec 8, the Hong Kong stock exchange ranked 4th in the 2024 global IPO rankings, with total funds raised reaching HK$82.9 billion ($10.66 billion) from 63 completed IPOs, according to the latest ...

Posted on 12/12/2024

Hong Kong’s expat nightlife hub Lan Kwai Fong reshaped by Chinese influx

HONG KONG - For years, Anthony Yiu had an English-only menu for his two small bars in Hong Kong’s nightlife hub Lan Kwai Fong, because most of his customers were expats, local professionals and ...

Posted on 11/12/2024

Hong Kong a launch pad for Chinese EV makers, Xiaomi unveils electric SUV: 7 EV reads

From Chinese start-up Hozon eyeing exports to Chinese electric vehicle makers favouring Hong Kong, here are seven EV stories you may have missed We have put together stories from our coverage on ...

Posted on 11/12/2024

Hong Kong stocks advance as China begins tone-setting economic conference

Investors are hungry for more detailed policy measures after a readout from a Politburo meeting earlier this week hinted at broader stimulus.

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