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Tag: business

Posted on 05/12/2024

What happens when a business city like Hong Kong locks up a businessman like my friend Jimmy Lai

For years Hong Kong rivaled London and New York as a global financial center. No more. Global financial centers don’t have political prisoners.

Posted on 05/12/2024

Hong Kong businesses plan hiring sprees as economy perks up in 2025, survey says

Most executives expect revenue growth next year, and hiring intentions are at a four-year high, CPA Australia report says.

Posted on 05/12/2024

Hong Kong bus firms need urgent help to buy zero-emission fleets: think tank

Companies face nearly US$770 million in spending they cannot handle without business model changes, says government-commissioned report.

Posted on 05/12/2024

Hong Kong startup close to US$500mil valuation

HONG KONG: TNG FinTech Group Inc, a Hong Kong-based digital wallet operator founded in 2013, is poised to close a funding round and is targeting a valuation of about US$500mil, according to a ...

Posted on 05/12/2024

HSBC Global Insurance CEO warns Hong Kong: Strengthen talent and digital infrastructure or fall behind Singapore and Dubai

In the latest report of Yahoo Finance, Edward Moncreiffe, CEO of Global Insurance at HSBC, emphasized that Hong Kong must focus on enhancing its physical and digital infrastructure, regulatory ...

Posted on 04/12/2024

Invest Hong Kong DG Stephen Phillips On Opportunities For Indian Startups, And The Coronavirus Impact

The double taxation avoidance agreement (DTAA) with China also makes HK an attractive destination for startups. According to Euromonitor International, Hong Kong is one of the most digitally ...

Posted on 04/12/2024

Hong Kong stocks trade near 3-week high, led by SMIC, Trip.com

Hong Kong stocks traded near a three-week high as investors weighed the prospect of stimulus measures from Beijing against the backdrop of heightened trade tensions.

Posted on 04/12/2024

Hong Kong leader John Lee ‘confident’ that investors in government’s Northern Metropolis will see good returns

Chief Executive John Lee has said he is “confident” that investors in the government’s Northern Metropolis development project will see good returns, after the city’s business sector signed a letter ...

Posted on 03/12/2024

Hong Kong stocks drop as investors wait for Beijing to deliver more support measures

EV makers Xpeng and Li Auto lead losers; China Mobile slips after making a takeover offer for broadband service provider HKBN.

Posted on 03/12/2024

Hong Kong property deals hit 7-month high, but December slowdown looms

Some 7,689 real estate transactions worth US$8.2 billion were completed last month, according to the Land Registry.

Posted on 03/12/2024

New World CEO Huang has task cut out to set Hong Kong developer’s house in order

Company insider has a solid background, but will have to prove to investors that she is the right person for the job, analysts say.

Posted on 03/12/2024

Hong Kong-founded KPay raises US$55 mil in series A to lead global funding rounds among payments start-ups

The fintech platform which has presence in Singapore and Japan, will use this funding round to fund its “aggressive expansion plans” across Asia.

Posted on 03/12/2024

Hong Kong will display 2,500 panda sculptures to capitalize on a local bear craze

Thousands of giant panda sculptures will greet residents and tourists starting on Saturday in Hong Kong, where enthusiasm for the bears has grown since two cubs were born in a local theme park ...

Posted on 03/12/2024

Paul Chan: Hong Kong is critical bridge between China and the world for accounting sector

Ministry of Finance will continue to support Hong Kong in cross-border accounting regulation and talent nurturing, vice-minister says.

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