Airport Authority Hong Kong’s highly anticipated HK$5 billion (US$640 million) retail bonds attracted a huge response when subscriptions opened on Wednesday, banks and brokers said.
Boeing Max 9 crisis upends Hong Kong airline startup’s growth
HONG Kong startup carrier Greater Bay Airlines’ plans to challenge the dominance of Cathay Pacific Airways have been thrown into disarray, with delivery of an order of Boeing Max 9 jets likely to be ...
Hong Kong won’t impose departure tax, says finance chief
HONG Kong Financial Secretary Paul Chan said he has no plans to impose a departure tax on residents, rejecting a proposal aimed at easing the government’s widening deficit. Read more at The Business ...
Hong Kong shares plunge 4%, mainland China stocks tumble to near 5-year lows
China's economy grew 5.2% in the three months ended December, slower than the 5.3% forecast in a Reuters poll. Retail sales for December also missed expectations.
Allied Banking Corporation migrates core banking operations to the cloud with Finastra
Allied continues 15 year relationship with Finastra, upgrading from Equation to Essence ...
Hong Kong’s HashKey Group enters unicorn club
HONG KONG -- Asian digital asset management firm HashKey Group has sealed a $100 million Series A financing round to join the unicorn club -- startup companies valued at $1 billion and above -- at a ...
First prosecution witness testifies against Jimmy Lai in Hong Kong
The first prosecution witness to testify in a landmark national security case against Hong Kong media tycoon Jimmy Lai said on Wednesday he had been instructed by Lai to call people to join protests ...
China’s Economy Spooks Markets, and Hong Kong Stocks Sink 4 Percent
Pessimism among investors was most pronounced in Hong Kong, where stocks have plunged by nearly 10 percent so far this year.
Hong Kong residential buildings undecided on illegal dumping measures under waste-charging scheme, property management representative says
Hong Kong Property Services Alliance chairman Mickey Yan raises concerns that scheme may lead to additional expenses and increase cleaners’ working hours.
Sensex, Nifty crash: HDFC Bank, China GDP miss, 3 other reasons behind market fall
Domestic stocks took a beating on Wednesday morning and banking shares seemed to be the only culprit, following HDFC Bank's mixed set of numbers. But if one looks beyond the domestic market, the ...
This Latvian Scientist Says His Startup Is Winning The AI Drug Discovery Race
Insilico Medicine, backed by blue-chip investors like Warburg Pincus and Qiming Venture Partners, has 17 preclinical drug candidates so far and earlier this month signed a $500 million licensing deal ...
Hong Kong’s Highways Department replaces 60 street signs in select districts, sparking complaints about new font
Nameplates have been replaced in areas with high pedestrian flow in Central, Tai Wai and Tsuen Wan, but some have raised concerns over legibility and user-friendliness.
Hong Kong No Longer Has the World’s Longest Life Expectancy
Hong Kong residents no longer have the world’s longest life expectancies, with the city relinquishing its crown to Japan as Covid and overall stress weighs on local lifespans.
Hong Kong airline Cathay Pacific targets recruits from mainland China as 100 new flight attendants come aboard
Over 100 flight attendants from mainland China have joined Cathay Pacific’s cabin crew, as the Hong Kong airline steps up hiring across the border. Cathay Pacific’s director of service delivery Mandy ...