Hong Kong enterprises remain "cautious" about building and deploying artificial intelligence (AI) applications, owing to the challenges of acquiring high-quality data and uncertainties in the ...
Hong Kong’s IPO market is finally starting to turn around, consulting firm EY says
The market for initial public offerings in Hong Kong is set to improve significantly over the next five years, said George Chan, global IPO leader at EY.
Asia-Pacific markets set for higher open as Nasdaq, S&P 500 continue record run; Hong Kong and Australia data in focus
Investors are looking ahead to PMI data from Hong Kong and Australia's trade data for May set for release later today.
Hong Kong airport bounces back to HK$1.61 billion net profit after 3 years of losses during pandemic
Hong Kong airport has staged a strong post-pandemic recovery, bouncing back to a net profit of HK$1.61 billion in 2023-24 after three straight years of losses, with its management reviewing its debt ...
Researchers in Hong Kong eye far side of moon soil samples from China’s Chang’e-6 mission
Polytechnic University also says it recently secured loan of lunar soil samples collected by Chang’e-5 mission in 2020.
Hong Kong: Social workers targeted, a new ‘danger’ to national security
Hong Kong’s welfare secretary called for the depoliticisation of the sector after so many social workers backed the 2019 demonstrations. The most vulnerable will pay for this in a society where the ...
Hong Kong retailers need to change their ways to stop sales slide, industry experts say
Retail sales in Hong Kong have slumped by double-digit figures for two months in a row as consumers change the way they shop.
Detailed plans ‘not needed’ from companies keen on Hong Kong tech hub: government
Companies wanting to set up shop in Hong Kong’s proposed innovation hub near the border with mainland China will not be asked to submit detailed design plans to the Town Planning Board for approval, ...
Hong Kong Stocks: Alibaba Boosts Stock Buyback Amid Selloff; Shares Gain
Among the key news on Hong Kong stocks, Alibaba Group Holding Limited (HK:9988) completed a share buyback of $5.8 billion in the first quarter ...
Hong Kong police arrest 301 in crackdown on fraudsters with HK$370 million stolen in scams
Hong Kong police have rounded up 301 people in a 17-day crackdown on fraud syndicates accused of using internet and phone scams to cheat local residents out of HK$370 million (US$47.4 million). Senior ...
Will new travel permits for Hong Kong permanent residents hurt the economy?
Economists say city’s already struggling retail and restaurant sectors could suffer with easier expat entry to mainland China, but are divided over strength of impact.
Hong Kong and Australian authorities arrest 2 over drugs smuggled in stone statues
Authorities jointly crack down on syndicate, arresting boy, 17, in Perth and man, 37, in Hong Kong, over nearly 20kg of drugs, mostly Ice.
Hong Kong banks to reap rewards of high interest rates until late next year, KPMG says
The total assets of all licensed banks in the city last year rose by 2.7 per cent to HK$23 trillion (US$2.94 trillion), according to KPMG.
New travel permits for Hong Kong permanent residents hurt economy? Play long game: experts
Economists say city’s already struggling retail and restaurant sectors could suffer with easier expat entry to mainland China, but are divided over strength of impact.