Hong Kong Business

PwC releases report on eHKD implementation for low balance retail investors

It explores the potential impact of a hypothetical digital currency, e-HKD, on financial transactions. 
Hong Kong office rents fall amidst high vacancies
^ "https://vimeo.com/946894708"
Increased competition and market vacancies drive rental prices down.
Green-blue-grey infrastructure effective in mitigating urban heat: study
A framework was introduced to guide GBGI implementation.
HTX platform withdraws HK licence application for second time
The company should leave Hong Kong within three months. 
NIA allows visa-free entry of cruise tourists at provinces along coastline
This is seen to solidify the country’s position as a cruise hub.
Enhanced bill for social workers unveiled
It is set for first and second readings in LegCo on 22 May. 
Taxi flagfall to increase by $2
The incremental charge per 200m under first-tier rates will also increase.
Hong Kong funeral industry embraces green burials
^ "https://vimeo.com/944679884"
Rising demand for sustainable funeral practices shapes the market.
Deliveroo opens third Hop site in Kwun Tong
It will offer over 2,300 grocery items.
Mainland-Hong Kong R&D funding scheme launched
The R&D work will focus on biotechnology, AI, and sustainability engineering and technology.
Gov’t urged to reform Social Workers Registration Board governance
The board’s current operations are allegedly deviating from its legal obligations.
China and Hong Kong announce new swap connect measures
It will expand product choices under Swap Connect, improve efficiency, and reduce participation costs.

Join the Hong Kong Business community

Exclusives

Exclusives

Professional Services/Legal New arrangement eases IP suits between Mainland and Hong Kong
Firms in Hong Kong can now act against Mainland infringers without dual proceedings.
Retail Source Green’s bespoke and off-the-shelf solutions propel firms away from plastic packaging
F&B firms can source packaging made from wheat bran, bagasse, and areca palm.
Food & Beverage Why avocados are now a permanent part of Shake Shack Hong Kong's menu
The brand said limited-time-only (LTO) delights and new menu launches help keep consumer attention.
Markets & Investing Hong Kong’s Hottest Startups of 2024
Fintech and AI startups dominated the list.
Markets & Investing Hong Kong sets higher investment threshold for residency
Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Foodtech, fintech emerge as bright spots in Hong Kong’s startup landscape
The city is home to over 600 fintech startups and more than 100 food tech firms.

Top News

PwC releases report on eHKD implementation for low balance retail investors

It explores the potential impact of a hypothetical digital currency, e-HKD, on financial transactions. 
Hong Kong office rents fall amidst high vacancies
^ "https://vimeo.com/946894708"
Increased competition and market vacancies drive rental prices down.
Green-blue-grey infrastructure effective in mitigating urban heat: study
A framework was introduced to guide GBGI implementation.
HTX platform withdraws HK licence application for second time
The company should leave Hong Kong within three months. 
NIA allows visa-free entry of cruise tourists at provinces along coastline
This is seen to solidify the country’s position as a cruise hub.
Enhanced bill for social workers unveiled
It is set for first and second readings in LegCo on 22 May. 
Taxi flagfall to increase by $2
The incremental charge per 200m under first-tier rates will also increase.
Hong Kong funeral industry embraces green burials
^ "https://vimeo.com/944679884"
Rising demand for sustainable funeral practices shapes the market.
Deliveroo opens third Hop site in Kwun Tong
It will offer over 2,300 grocery items.
Mainland-Hong Kong R&D funding scheme launched
The R&D work will focus on biotechnology, AI, and sustainability engineering and technology.
Gov’t urged to reform Social Workers Registration Board governance
The board’s current operations are allegedly deviating from its legal obligations.
China and Hong Kong announce new swap connect measures
It will expand product choices under Swap Connect, improve efficiency, and reduce participation costs.

Exclusives

Professional Services/Legal New arrangement eases IP suits between Mainland and Hong Kong
Firms in Hong Kong can now act against Mainland infringers without dual proceedings.
Retail Source Green’s bespoke and off-the-shelf solutions propel firms away from plastic packaging
F&B firms can source packaging made from wheat bran, bagasse, and areca palm.
Food & Beverage Why avocados are now a permanent part of Shake Shack Hong Kong's menu
The brand said limited-time-only (LTO) delights and new menu launches help keep consumer attention.
Markets & Investing Hong Kong’s Hottest Startups of 2024
Fintech and AI startups dominated the list.
Markets & Investing Hong Kong sets higher investment threshold for residency
Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Foodtech, fintech emerge as bright spots in Hong Kong’s startup landscape
The city is home to over 600 fintech startups and more than 100 food tech firms.

Join the Hong Kong Business community