News
Mad dash for offshore accounts amidst security law
Mad dash for offshore accounts amidst security law
HSBC and Standard Chartered have seen high surges in enquiries.
Total cargo down 3.2% to 57.2m tonnes in Q1
But inward port cargo increased by 5.5% to 39 million tonnes.
HKMA, banking industry launch job programme
It offers 300 roles for students graduating in 2020 with a bachelor’s degree.
Property market proves resilient even as crises mount
Dozens of would-be buyers lined up to bid for 94 apartments in The Campton.
This biotech startup addresses a multibillion dollar problem in the fisheries sector
Spidfier offers a solution that could shorten the process of verifying fishes at a cheaper rate.
PMI improves to 43.9 in May but business outlook remains bleak
Firms are still worried about the long-term effects of the pandemic.
Tycoon Richard Li's telecom firm weighs $7.75b unit sale
The asset could attract interest from other telecom companies as well as private-equity funds.
Hong Kong falls to 36th place in global startup ecosystem rankings
But the city was noted for being a model of an open ang global ecosystem.
Retail sales down 36.1% in April
The plunge was led by sales of jewellery, watches and clocks, and valuable gifts.
108 startups graduate from HKSTP's incubation programmes
The ceremony gathered 78 incubation and 30 pre-incubation STEP start-up graduates.
Rich Chinese shun Hong Kong to seek asset safety elsewhere
Some are looking to move their offshore wealth base to Singapore and Switzerland.
SGX plunges to 17-year low as MSCI signs pact with HKEX
The move deals a blow to SGX, which considers the Hong Kong bourse one of its main rivals.
Housing prices slid 3% YoY in Q1
Residential prices are supported by solid housing demand.
Local finance firms lead in AI but regulations hinder growth
58% of financial firms in the city will utilise AI next year.
Cathay Pacific's merger hits roadblock from aviation regulator: report
This comes after some of its staff attended the anti-government protests in Hong Kong.
Inflation eases to 1.9% in April
This was partly attributed to a smaller climb in private house rents.
Nearly half of employees actively looking for a new job
This is despite 86% of employees concerned about job security.
Commentary
Strategic location tips for playgroups and education centres