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Posted on 05/01/2024

A British Airways flight attendant died onboard a plane as it was preparing to fly from London to Hong Kong

A British Airways flight attendant died on a plane as he was preparing for take-off, Metro reported. He was set to fly from London to Hong Kong on December 30, per the report. "Our thoughts are with ...

Posted on 05/01/2024

For Hong Kong designer Nelson Chow, a disciplined approach drives both his career and financial success

The founder of NC Design and Architecture in Hong Kong answers the question of how he would spend HK$8 million, and also explains how financial stability allowed him to take risks that helped grow his ...

Posted on 05/01/2024

HK$2.29 billion in funding sought for Hong Kong baby bonus scheme, with number of births expected to rise by a fifth to 39,000 annually

Government is seeking Legco Finance Committee's approval for HK$2.286 billion in funding for Newborn Baby Bonus scheme Authorities project that from 2024-25, the number of births will increase by 20 ...

Posted on 05/01/2024

Hong Kong-based AI-driven company sells potential breast cancer drug in deal whose value could exceed US$500 million

Stemline Therapeutics, a wholly-owned unit of Menarini Group, will make a US$12 million upfront payment to Insilico under the agreement, which will be followed by sales royalties worth up to ‘double ...

Posted on 05/01/2024

Airport Authority Hong Kong to launch US$640 million retail bond, its first in 20 years, to finance third runway

The 4.25 per cent retail bond, with a tenor of 2.5 years, will make interest payments every three months Hong Kong residents will be able to subscribe in HK$10,000 increments at select banks and ...

Posted on 05/01/2024

Hong Kong’s first IPO of the year makes weak trading debut as RoboSense Technology shares drop in a tepid market

RoboSense lost as much as 3.5 per cent in its debut, falling to HK$41.50 in morning trade on Friday, down from its IPO price of HK$43, giving it a US$2.4 billion market capitalisation.

Posted on 05/01/2024

Airport Authority to issue HK$5 billion retail bonds

The Airport Authority on Friday announced plans to offer HK$5 billion in retail bonds to fund capital expenditures, including its third-runway ...

Posted on 05/01/2024

Alibaba-backed lidar maker RoboSense dips in Hong Kong debut

When RoboSense met investors in Hong Kong during the pre-IPO fundraising, one investor asked the company why Tesla does not use lidar sensors and was not convinced by the answer. They did not invest ...

Posted on 05/01/2024

HKTDC-Led Hong Kong Delegation Makes a Resounding Comeback at CES 2024

The Hong Kong Trade Development Council (HKTDC), in partnership with Hong Kong Science and Technology Parks (HKSTP) and the Hong Kong Electronic Industries Association (HKEIA) Ltd, is delighted to ...

Posted on 05/01/2024

Robosense shares fall on debut in first Hong Kong IPO of 2024

The Chinese LiDAR sensor maker raised about HK$985.12 million ($126.14 million) in its initial public offering, the first in the Hong Kong bourse in 2024.

Posted on 05/01/2024

Hong Kong conglomerate pushes for mental health support in stressed-out financial hub

Employee sentiment in Hong Kong has plummeted amid a wave of negative indicators for the city Read more at straitstimes.com.

Posted on 05/01/2024

Airwallex sought way around Hong Kong anti-money laundering rules

The chief executive of the payments giant, backed by Tencent, asked staff if it was possible to “remove” a requirement of customer vetting, messages show.

Posted on 05/01/2024

Courtroom drama is Hong Kong’s highest grossing Chinese language film ever

Analysts suggest popularity of A Guilty Conscience is down to portrayal of recent abuses in judicial system ...

Posted on 04/01/2024

Hong Kong Tennis Open: Rublev overcomes ‘stressful’ start to beat Broady and advance to quarter-finals

Top seed Andrey Rublev overcomes stubborn Briton Liam Broady to win second-round encounter at Victoria Park 6-4, 7-6, setting up last-eight clash with Arthur Fils.

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