Hong Kong Business

AstraZeneca unveils new R&D centre in Hong Kong
The R&D centre will focus on cell and gene therapy studies.
Gov’t inks food products pact
The agreement will cover three major food categories.
6 in 10 transport and logistics players report environmental requirement gaps with clients
The environmental requirement gap between players and clients is 12%.
OCBC Hong Kong names Wang Ke as new CEO
The current CEO, Ivy Au-Yeung, will retire on 31 December.
Grade A office vacancy rates dropped to 12.6% in October
Kowloon saw the most significant improvement in the vacancy rate.
Hong Kong banks lead adoption of Generative AI: survey
This contrasts with their attitudes towards AI more broadly.
CLP Power allocates $25.7m for energy conservation programme
It will also provide power subsidies to underprivileged people.
Casper Kam joins AXA XL’s underwriting team
Previously, he worked with AIG and AXA General Insurance.
Labour Department to offer 4,500 'quality job vacancies'
Monthly pay ranges from $13,000 to $21,000.
AXA HK, Macau venture into cross-border healthcare service
It has partnered with UMP Healthcare Holdings to expand its reach to clinic services in China.
Hong Kong’s ZA Bank to roll out US stock trading services
The Hong Kong SFC has lifted previous conditions to the bank's securities license.
Hong Kong sets aside US$30b for decarbonisation initiatives
Its goal is to achieve carbon neutrality before 2050.
Cathay Pacific partners with Pirata for Italian cuisine selection
Pirata’s large, shared platters and signature dishes will inspire the new menu.
Klook ties with Google Cloud to utilise generative AI to bolster digital activity
Klook will focus on using AI language models for better customer engagement.
Inflation up 2.7% in October
Composite CPI increased by 1.7% YoY.

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Exclusives

Exclusives

Professional Services/Legal HK hikes penalties for occupational safety and health standards violations
If convicted on indictment, employers can be slapped with a $10m (US$1.28m) fine and 2 years in jail.
Markets & Investing Mainland’s clampdown on IPOs likely to boost listings in Hong Kong
Amongst Chinese companies to be slated in the Hong Kong Stock Exchange is Alibaba’s logistics arm.
Commercial Office Lodes flips the switch at new Hong Kong office to turn on creative minds
With the vision of growing business and diversifying its influence, Lodes sets forth to bring Italian artistry into the Asia-Pacific region.
Markets & Investing HKEX cuts paper use, document requirements in revamped listing regime
Despite eliminating signatures, the streamlined listing process imposes new legal advice requirements for accountability and integrity in submissions.
Retail ‘Emotional loyalty,’ the new way retailers retain customers
In Hong Kong, one in two consumers buy only from brands they trust so keeping that relationship exciting pays off.
Retail Wholesale marketplace bridges Asian retailers to global independent brands
Markato has over 200 brands from markets like Europe, the United States, and Australia.
Healthcare This startup helps hospitals treat stroke patients quickly
Hopebotics’ device transfers stroke patients’ therapy at home whilst hospitals monitor the progress remotely.

Top News

AstraZeneca unveils new R&D centre in Hong Kong
The R&D centre will focus on cell and gene therapy studies.
Gov’t inks food products pact
The agreement will cover three major food categories.
6 in 10 transport and logistics players report environmental requirement gaps with clients
The environmental requirement gap between players and clients is 12%.
OCBC Hong Kong names Wang Ke as new CEO
The current CEO, Ivy Au-Yeung, will retire on 31 December.
Grade A office vacancy rates dropped to 12.6% in October
Kowloon saw the most significant improvement in the vacancy rate.
Hong Kong banks lead adoption of Generative AI: survey
This contrasts with their attitudes towards AI more broadly.
CLP Power allocates $25.7m for energy conservation programme
It will also provide power subsidies to underprivileged people.
Casper Kam joins AXA XL’s underwriting team
Previously, he worked with AIG and AXA General Insurance.
Labour Department to offer 4,500 'quality job vacancies'
Monthly pay ranges from $13,000 to $21,000.
AXA HK, Macau venture into cross-border healthcare service
It has partnered with UMP Healthcare Holdings to expand its reach to clinic services in China.
Hong Kong’s ZA Bank to roll out US stock trading services
The Hong Kong SFC has lifted previous conditions to the bank's securities license.
Hong Kong sets aside US$30b for decarbonisation initiatives
Its goal is to achieve carbon neutrality before 2050.
Cathay Pacific partners with Pirata for Italian cuisine selection
Pirata’s large, shared platters and signature dishes will inspire the new menu.
Klook ties with Google Cloud to utilise generative AI to bolster digital activity
Klook will focus on using AI language models for better customer engagement.
Inflation up 2.7% in October
Composite CPI increased by 1.7% YoY.

Exclusives

Professional Services/Legal HK hikes penalties for occupational safety and health standards violations
If convicted on indictment, employers can be slapped with a $10m (US$1.28m) fine and 2 years in jail.
Markets & Investing Mainland’s clampdown on IPOs likely to boost listings in Hong Kong
Amongst Chinese companies to be slated in the Hong Kong Stock Exchange is Alibaba’s logistics arm.
Commercial Office Lodes flips the switch at new Hong Kong office to turn on creative minds
With the vision of growing business and diversifying its influence, Lodes sets forth to bring Italian artistry into the Asia-Pacific region.
Markets & Investing HKEX cuts paper use, document requirements in revamped listing regime
Despite eliminating signatures, the streamlined listing process imposes new legal advice requirements for accountability and integrity in submissions.
Retail ‘Emotional loyalty,’ the new way retailers retain customers
In Hong Kong, one in two consumers buy only from brands they trust so keeping that relationship exciting pays off.
Retail Wholesale marketplace bridges Asian retailers to global independent brands
Markato has over 200 brands from markets like Europe, the United States, and Australia.
Healthcare This startup helps hospitals treat stroke patients quickly
Hopebotics’ device transfers stroke patients’ therapy at home whilst hospitals monitor the progress remotely.

Join the Hong Kong Business community