Hong Kong authorities have identified nine projects involving big industrial brands, four beautiful peaks and classic local neighbourhoods to attract more tourists seeking in-depth trips to the city. Deputy Chief Secretary Warner Cheuk Wing-hing, who chairs the Working Group on Developing Tourist Hotspots, unveiled the list of projects on Tuesday after six months of preparation,…
The Hong Kong government has hit out at US senators who have introduced a bill that could lead to sanctions on judges and prosecutors from the city, calling any attempt to interfere with the judicial system “reprehensible”. Authorities voiced their criticism on Saturday as Beijing’s top envoy in the city also said the rise of…
The rise of unilateralism and protectionism poses “a certain amount of challenges” to Hong Kong’s development, Beijing’s top envoy in the city has said, while urging youngsters to embrace patriotism. Cui Jianchun, the commissioner of the Chinese foreign ministry’s office in Hong Kong, said on Saturday that some “large countries” were obsessed with putting themselves…
In the second instalment of a three-part series on financial decoupling between China and the US, experts tell the Post how pressure on US-listed companies from the mainland could be a windfall for Hong Kong’s markets. Read the first part here. A month ago, Patrick Tsang, the CEO of Deloitte China, learned that the US…
For mainland Chinese entrepreneur Wang Chaoyou, joining a Hong Kong delegation to the Middle East has fast-tracked his entry into the emerging market of Kuwait after an earlier attempt to gain a foothold fizzled out. “We were in discussions on a deal but couldn’t reach a consensus on the shareholding ratio – they asked for…
Hong Kong Chief Executive John Lee Ka-chiu (front right), communicates with Chen Jiao (front left), executive CEO of PCI Technology Group, during his Middle East trip. The company is an intelligent transportation service provider headquartered in Guangzhou, Guangdong. (PROVIDED TO CHINA DAILY) Chinese mainland entrepreneurs who visited the Middle East with Hong Kong officials and…
Beijing’s point man on Hong Kong and Macau affairs has urged business leaders from both cities to defend national interests, a move seen by analysts as a “wake-up call” for firms such as tycoon Li Ka-shing’s CK Hutchison group, currently embroiled in the Panama ports saga, to choose a side. Xia Baolong, director of the…
A Hong Kong delegation making an official visit to Qatar has signed 35 memorandums of understanding (MOUs) and agreements to deepen cooperation between the two places, ranging from investment to innovation and technology, with city residents also given 30-day visa-free access to the Gulf nation. Wrapping up his two-day visit to the country in Doha,…
Southeast Asian companies like lender DBS Group Holdings and fast-food chain operator Jollibee and local education institutions are giving Hong Kong’s property market a much-needed boost, fanning hopes the worst of the investment slump may have passed. Southeast Asian firms and education firms each contributed around 22 per cent of the total HK$6.28 billion (US$809…
The news of Ocean Empire, a 33-year-old congee restaurant chain, suddenly shutting down is not surprising. The catering industry has struggled mightily since Hong Kong reopened its borders after the worst of the Covid-19 pandemic, and many local restaurants have bitten the dust. The disrupter of the century so far, the pandemic has permanently changed…