Hong Kong should maintain its international connectivity and attract talent to speed up its economic transformation, analysts and figures from the commerce sector have said, as they hailed the enactment of the national security law for improving the business environment. Some political analysts also called on government officials to take bolder steps and adopt new…
China’s financial authorities have granted Hong Kong residents a new daily remittance quota for the yuan, as a cross-border electronic transactions service prepares to kick off, linking 315 million users between the city and the mainland. Starting from noon on Sunday, the 17 million registered users of Hong Kong’s Faster Payment System (FPS) will be…
China’s financial authorities have granted Hong Kong residents a new daily remittance quota for the yuan, as a cross-border electronic transactions service prepares to kick off, linking 315 million users between the city and the mainland. Starting from noon on Sunday, the 17 million registered users of Hong Kong’s Faster Payment System (FPS) will be…
Hong Kong’s coordination office for the National Games is studying whether to adopt a real-name system for tickets at prices ranging from a few dozen Hong Kong dollars up to about HK$500 (US$64). Yeung Tak-keung, head of the National Games Coordination Office, said on Saturday that tickets would be sold from August on a unified…
The Hong Kong government is set to enhance its computing power support for start-ups as part of its ambition to become a leading technology hub, according to the city’s innovation chief, as local start-ups seek global clients at one of Europe’s largest technology shows. Hong Kong planned to establish a new supercomputing centre at Sandy…
Hong Kong’s finance chief expects the tourism sector to make a robust recovery this year, citing the 10 and 18 per cent year-on-year growth in the number of mainland Chinese and international visitor arrivals recorded in the first five months. In his weekly blog on Sunday, Financial Secretary Paul Chan Mo-po also said he was…
Hong Kong’s finance chief expects the tourism sector to make a robust recovery this year, citing the 10 and 18 per cent year-on-year growth in the number of mainland Chinese and international visitor arrivals recorded in the first five months. In his weekly blog on Sunday, Financial Secretary Paul Chan Mo-po also said he was…
Hong Kong’s Deputy Chief Secretary Warner Cheuk Wing-hing has announced dozens of measures to promote the “silver economy” and address the needs of the city’s ageing population. These cover five main areas: boosting consumption, developing tailor-made products, promoting quality assurance of “silver” products, strengthening financial and insurance protection, and encouraging older residents to re-enter the…
HONG KONG – The International Science, Technology and Innovation Forum of the Boao Forum for Asia 2025 kicked off in Hong Kong for the first time on Friday. The two-day event features a plenary session, 10 special forums as well as several cutting-edge dialogues and roundtables under the theme “Transitioning towards the Future: Powered by…
Syfe, a Singapore-based robo financial adviser and digital investment platform operator, has raised US$80 million in its Series C funding round, as the company pushes to expand its wealth management product offerings in Hong Kong. This round includes new all-equity financing worth US$53 million at a significantly higher valuation, according to the fintech start-up’s statement…