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Posted on 04/08/2024

Hong Kong startup founders flock north to tech hub Shenzhen

GUANGZHOU -- As China moves to integrate Hong Kong more closely with the mainland ... In 2021, Sisley Cheng and a business partner invested 10 million yuan ($1.4 million at current rates) to launch the Bays Work startup incubator in Shenzhen.

Posted on 04/08/2024

Hong Kong fencing queen Vivian Kong’s academic paper sparks debate after Olympic success

Kong’s 2021 master’s thesis credits Beijing’s ‘patriots-only’ overhaul of Hong Kong’s electoral system as putting city on the right path.

Posted on 03/08/2024

Hong Kong ready to help Ho Chi Minh City become int’l financial center: HKSAR leader

The city welcomes Hong Kong businesses to invest in the priority fields such as innovation, startup, investment, trade, tourism, healthcare, logistics, infrastructure, and finance and currency, Mai ...

Posted on 03/08/2024

Hong Kong authorities issue heat warning as temperatures soar past 37 degrees Celsius

Please consider supporting SCMP’s journalism by subscribing. Temperatures in some parts of Hong Kong soared beyond 37 degrees Celsius (98.6 Fahrenheit) on Saturday, prompting authorities to caution ...

Posted on 03/08/2024

Average salary for Hong Kong graduates up last year – but by smallest amount since 2021

Average annual salary for all new graduates hit HK$314,000 last year, a 3.6 per cent jump on 2022, but HKU leads the pack with HK$385,000.

Posted on 03/08/2024

Hong Kong signs agreement with People’s Bank of China to enhance Faster Payment System

The Hong Kong Monetary Authority has signed an agreement with the Chinese central bank to promote cross-border linkages for fast payment systems, including a proposed increase in the remittance cap.

Posted on 03/08/2024

How this Hong Kong village house got a maritime makeover, thanks to interior designer Jenny Perry

Mere steps from the sea and nestled in a country park, a lawyer’s weekend retreat enjoyed a maritime-themed redesign, thanks to interior designer Jenny Perry ...

Posted on 03/08/2024

HSBC plans another $3 billion stock buyback as CEO Noel Quinn prepares to leave

The London-headquartered bank beat expectations on a bumper result from its wealth-management arm as it launched another $3 billion share-buyback plan ...

Posted on 03/08/2024

HSBC offers $3 billion buyback as wealth income offsets rate cut anxiety

HSBC Holdings reported a slight decline of 0.4% in first-half profit on Wednesday but still beat analyst estimates, as its businesses benefited from higher interest rates worldwide while robust growth ...

Posted on 03/08/2024

Hong Kong reclaims 5,000 flats from well-off tenants with fancy cars, cross-border properties

About 5,000 Hong Kong public flats have been taken back over the past two years from “well-off tenants”, including those whose luxury cars exposed their financial situation and 12 others owning ...

Posted on 03/08/2024

Hong Kong’s Gen Z and millennial workers are quick to quit their jobs. Here’s why

Gen Z and millennial workers in Hong Kong frequently think about leaving their jobs, with most saying better financial support would help improve job satisfaction and productivity, according to a ...

Posted on 03/08/2024

HK Express to launch flights between Hong Kong and Vietnam’s Phu Quoc by end of 2024

Cathay, which operates budget carrier HK Express, says it will also conduct another round of recruitment in Vietnam this month.

Posted on 03/08/2024

Hong Kong regulators, banks struggle to contain damage from financial fraud

After phone calls that totalled four hours, Lee found herself poorer by HK$570,000. Lee was the victim of a phone scam. In Britain, this type Authorised Push Payment (APP) fraud will compel the bank ...

Posted on 03/08/2024

Celebrations planned for Hong Kong’s Olympic athletes at leader’s official residence

Hong Kong’s leader will hold celebrations for the city’s Olympic athletes at his official residence after they return from the Paris Games, and has praised them for their “attitude and sportsmanship ...

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