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Posted on 29/03/2023

Hong Kong must ‘embrace and facilitate’ movement of global firms to city, says finance chief Paul Chan

Hong Kong’s place as one of the world’s top financial hubs is based not only on its ready access to mainland capital and as the home ground for many Chinese firms, but also due its attractiveness for ...

Posted on 29/03/2023

Hong Kong, Singapore leaders discuss Asian growth, dismiss ‘rivalry’ talk

Hong Kong's finance chief Paul Chan says strong collaboration with Asean - of which Singapore is a part - is a key plank of city's economic policy Singapore and Hong Kong's economies are closely ...

Posted on 29/03/2023

Singapore has not ‘supplanted’ Hong Kong, both benefit from each other’s growth: Shanmugam

SINGAPORE: The suggestion that Singapore has "supplanted" Hong Kong gives too much weight to short-term factors, Singapore's Law and Home Affairs Minister K Shanmugam said on Wednesday (Mar 29).

Posted on 29/03/2023

Alibaba’s revamp puts renewed focus on Ant Group’s suspended IPO

"This is probably the biggest goal for Alibaba Group itself," Kingston Securities executive director Dickie Wong said of Ant Group's initial public offering plans, adding "there's big hope" for a ...

Posted on 29/03/2023

imBee Reinvents Data-driven Productivity With AiskBee, Hong Kong’s First ChatGPT-Powered Enterprise Knowledge Base Solution

For instance, a securities firm can leverage AiskBee to process inquiries and offer the latest financial products and services information ... Knowledge Base solution for businesses in Hong Kong. By ...

Posted on 29/03/2023

Asian stocks rally as bank jitters calm, Alibaba lifts mood

Alibaba's Hong Kong shares shot up 15%, while the company's U.S.-listed ... Also helping sentiment was easing worries over the banking sector, with investor nerves soothed by the sale of assets in ...

Posted on 29/03/2023

HK stocks surge at open, shrug off banking fears

Hong Kong shares opened higher on Wednesday despite losses on Wall Street, as fears of a banking crisis ebbed after weeks of turmoil. The Hang Seng ...

Posted on 29/03/2023

S’pore-HK rivalry ‘hyped up’, makes for better headlines but each city has its strengths: Shanmugam

On Hong Kong, he expressed bemusement about talk that it is in terminal ... Asean could generate US$600 billion more a year in manufacturing output. Meanwhile, a McKinsey report estimated that half of ...

Posted on 29/03/2023

Hong Kong’s TVB posts record loss of HK$807 million, with broadcaster blaming weak advertising market, Covid-related slowdown for woes

Hong Kong’s biggest free-to-air broadcaster, TVB, posted a record loss of HK$807 million last year, blaming a weakened television advertising market and a slowdown in the firm’s mainland China ...

Posted on 29/03/2023

Hong Kong’s property market gathers momentum as home prices jump by the most since May 2020

Activity in the property market increased after the Hong Kong government lowered a decade-old stamp duty on mass-market flats and the city lifted all mandatory mask-wearing requirements and ...

Posted on 29/03/2023

Hong Kong private home prices rise for second straight month in February

HONG KONG: Hong Kong private home prices climbed 2.2 per cent in ... by survey company Demographia as the least affordable city in the world in 2022 based on property prices versus median income, with ...

Posted on 29/03/2023

Hong Kong Home Prices to Rebound Up to 8% This Year, S&P Says

Hong Kong’s residential property prices are expected to increase this year after the removal of Covid restrictions and the border reopened with mainland China, according to S&P Global Ratings. A price ...

Posted on 29/03/2023

Hong Kong Home Prices Rise for Second Straight Month in Feb

HONG KONG (Reuters) - Hong Kong private home prices climbed 2.2 ... official data showed on Wednesday. The financial hub this month was ranked by survey company Demographia as the least affordable ...

Posted on 29/03/2023

Sa Sa’s Cautious Revival Shows Pessimism Over Hong Kong Recovery

Hong Kong’s biggest cosmetics chain plans to open just a handful of new stores this year after shutting dozens during the pandemic as doubts remain that the city will return to its pre-Covid heights ...

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