Some United States importers have cut orders and shifted to short-term contracts after the Middle East conflict triggered a global oil crisis, according to Hong Kong business leaders, who warned of eroding profit margins and strained liquidity. Jeffrey Lam Kin-fung, an Executive Council member and businessman, said on Sunday that the US-Israel war on Iran…
Hong Kong’s finance chief has pledged to further integrate financial services with technology innovation to foster a thriving ecosystem, following a surge in investor interest in artificial intelligence-related stocks during the first trading day of the year. Financial Secretary Paul Chan Mo-po on Sunday also emphasised Hong Kong’s role as an international capital market in…
Some readers might not know Hong Kong had an election a little over a week ago. And that’s OK, because most of us aren’t part of the 3,631 voters eligible to take part in the Election Committee subsector by-elections, held on September 7. The election achieved a phenomenal voter turnout rate of 97.33 per cent….