Advertisement
Advertisement
Eric Jiang
Intern
Eric is a student from HKBU and he joined the Post as an intern with the Business and Technlogy desks. He has served as an intern and freelance reporter in Reuters and BBC Chinese before the Post.
Shanghai-based Linthin Technology aims to put 70 per cent of its R&D workforce in Hong Kong’s Science Park to pursue its regional ambitions
Hong Kong’s retail market, which is undergoing a shake-up, has seen an influx of mainland Chinese brands taking advantage of the declining rents.
Landlords in New Territories are probably the happiest lot as demand lifts rents to multi-year highs, a bright spot amid an otherwise gloomy property market.
The developers, which defaulted on a combined US$15 billion of offshore debts, get four- and 10-week adjournments, respectively, in their hostile lawsuits from creditors.
Advertisement
Legislator Johnny Ng’s call to action follows the decision this week by the Hong Kong Monetary Authority to stop issuing licenses for branchless banks, giving the city’s eight licensed operators room to grow.
American restaurant Outback Steakhouse will close nearly half its branches in Hong Kong, as high rents and weak sales take their toll.
Towngas will extend advance payments to suppliers with a lower interest rate through its tie-up with HSBC, provided they can meet the company’s ESG standards.
Move to attract more Gulf companies to list comes as government advisory body studies Islamic finance to align the city’s financial infrastructure with the needs of the Middle East.
More than half the respondents in a Hong Kong survey say consumer brands need to do more on sustainability issues, and are willing to pay higher prices for sustainable products.
The alliance will launch an alternative wholesale investment product later this year for family offices and institutional investors, SHK&Co deputy CEO Tony Edwards said, without divulging details.
New price lists from New World Development, Far East Consortium and Early Light International undercut recent nearby sales by up to a third amid buyer’s market – for those who can stomach the interest rates.
‘We want to use a single store to test the local customers’ preferences and fix any issues,’ says vice-president of the Shenzhen-based firm.
Global delivery of personal aircraft rose by 15 per cent to 2,215 units in 2023, from 2021, because of the recovery from the pandemic and consumers’ preference for premium travel, Frost & Sullivan said.
International investors can pledge their holdings of Chinese domestic bonds as margin collateral for Northbound Swap Connect trading later this year, authorities said.
Sun Life has teamed up with medical services operators to capture high-net-worth customers in the Greater Bay Area, while Hang Seng Bank added new features for its Prestige customers.
JD.com is said to be taking full control over the operation, logistics and after-sales services of its Jingxi low-price shopping platform.
A weak economic recovery and geopolitical uncertainties have had more companies ‘talking about money’ when making rental decisions, according to Colliers.
As the electrification of Hong Kong’s car market gathers pace, models like Denza, the luxury EV brand owned by BYD, are launching showrooms in the city which is driving the retail property market.
Hong Kong climbs one place to rank second in the world in Swiss bank Julius Baer’s study of the cost of living for high-net-worth individuals.
Hong Kong stocks could enjoy a better second half to the year following their recent decline, as global interest rates start to come down and more supportive measures in China provide a boost, analysts and money managers say.
Company says it will focus on product innovation after consumers warmly received low-sugar banana soy milk, zero-sugar lemon tea.
The provisional duties vary between 17 and 38 per cent depending on each carmaker’s level of cooperation with the European Commission’s anti-subsidy investigation. Here’s what you need to know.
IPO proceeds in Hong Kong fell 35 per cent to US$1.5 billion in the first half, but a surge is in progress, according to KPMG and EY.
Canberra’s withdrawal of a golden visa scheme and its decision to cap its migrant intake could hurt high-end home sales as Asian buying could shrink.
The offbeat promotion reflects growing competition in the mainland graphics card market, where consumers are substituting Nvidia’s products with alternative made-in-China hardware.
A 17-year-old student majoring in fashion design, who is self-taught in maths, beat all AI teams to get into the finals of the Alibaba Global Mathematics Competition, according to organiser DAMO Academy.
The Chinese fintech giant has been increasing its R&D outlay by 12.7 per cent annually since 2021, according to its latest sustainability report.
Colin Huang and Zhang Yiming, the founders of PDD Holdings and ByteDance, respectively, are the richest tech entrepreneurs in China, according to a list published by Chinese magazine New Fortune.
The action role-playing video game, developed by Tencent-backed Game Science, is set for release on August 20.
US-sanctioned Moore Threads is catching the attention of Chinese gamers with performance they claim is on par with Nvidia for the older titles they love.
