The Hong Kong stock exchange received a massive punch to the gut when Ant Group’s highly anticipated IPO was shelved. Said IPO was set to make history with record breaking numbers. However, despite this setback, the city is still on track to end 2020 as one of the world’s...
Thousands of Hong Kong lawyers stage rare protest urging end to political prosecutions during anti-gov’t demos
Thousands of legal sector professionals staged their second “black clothes” march in two months urging for an end to political prosecutions, for the Department of Justice to retain its independence and for the government...
Google Hong Kong has partnered with the Hong Kong Trade Development Council (HKTDC) to power SMEs’ digital capabilities and help them succeed globally in 2022 and beyond. Michael Yue, general manager, Sales & Operations, Google Hong Kong, explains how it will work.
What did the research reveal? ...
Hong Kong economy shrinks for first time in a decade
The Hong Kong economy's first recession in a decade deepened in the fourth quarter of 2019, weighed down by anti-government protests and the US-China trade war. Last year was the worst for Hong Kong's growth since 2009, when the financial...
QBE Insurance’s annual survey of Hong Kong SMEs strikes an optimistic note for the year ahead, despite looming business risks. This was the overall finding of this year’s edition, which surveyed the views and experiences of 616 SME business decision-makers between December 2023 and January 2024.
While generally positive, SMEs...
Hong Kong's Financial Secretary Paul Chan Mo-po has unveiled a spending blueprint with fewer but more targeted relief measures, including an unprecedented digital voucher scheme for residents to spur consumption.
The relief measures, which include a HK$10,000 cash payout to all Hong Kong permanent residents aged 18 or above, will...
Cathay Pacific reports profit but warns of Hong Kong protests impact
Hong Kong's flagship airline Cathay Pacific warned Wednesday that increasingly violent protests in the financial hub had hit booking demand. Announcing interim results that showed the airline in the black after huge losses in the first half of last year,...
Banks in Hong Kong are optimistic on their financial performance in 2022 with higher interest rates likely to improve margins, global business consultancy KPMG said in its latest report. Non-interest revenue should also increase as initiatives such as the Cross-Boundary Wealth Management Connect scheme offer new growth opportunities. Paul...
Hong Kong pledges fresh aid of US$255 million to boost battered city
Hong Kong’s government has announced an extra allocation for the city battered by political unrest and facing its first recession in a decade. Massive and violent anti-government protests over the past five months have shaken Hong Kong's reputation...
MoneyHero Limited (NASDAQ: MNY), a market-leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, has been honoured at the ‘Best Companies to Work for in Asia, Hong Kong 2024” awards organised by HR Asia, a leading publication in the human resources industry.
MoneyHero received this recognition...
Due to a rising number of Covid-19 cases in Hong Kong, the launch of the much anticipated travel bubble between Singapore and Hong Kong has been delayed further. The Civil Aviation Authority of Singapore (CAAS) said in a statement on 1 December that both cities have agreed to defer...
Hundreds of people have joined a mass sit-in at Hong Kong International Airport Friday evening in a fresh round of anti-government protests designed to secure international backing for the movement. Organisers were expecting thousands to show up, and hoped police would respect what they said would be a peaceful...
