China could draw on its innovation in advanced manufacturing to improve business – and overall – ties with the United States amid a fragile trade truce, according to a prominent American political scientist. In an interview, Robert Pape, a professor at the University of Chicago, also said China could “rise peacefully” to be the world’s…
In this two-part series we take a look at Hong Kong’s efforts to boost its tourism industry. Part one examines the government’s moves to reinvent tourism with nine hotspot attractions and whether they will make a difference. Tourist Jessie Wu was enthralled and swept up in nostalgia as she made her way through an exhibition…
A slew of mainland-listed Chinese technology companies are speeding up fundraising plans in Hong Kong to capitalise on the upbeat market sentiment. Hong Kong’s equity market has been buoyed by mainland investors’ record buying of HK$731.2 billion (US$93.1 billion) of stocks in the first half of the year, according to Hong Kong Exchanges and Clearing…
Hong Kong’s restaurant industry is anticipating a 10 per cent boost in business on Tuesday compared with last year, with an industry leader saying the increased number of more than 3,800 eateries offering discounts to celebrate the city’s handover to Beijing will spur local consumption and help ease the sector’s woes. Simon Wong Ka-wo, president…
Hong Kong’s Immigration Department is assisting the family of a 16-year-old resident who reportedly died while climbing a snow-covered mountain in Sichuan province in mainland China. An image circulating online believed to show an official bulletin from the Mount Siguniang Scenic Area Administration said the victim was a Hong Kong resident living in Shenzhen in…
Hong Kong’s return to the top three in the IMD World Competitiveness Yearbook is more than a statistical milestone; it is a testament to the collective efforts of our entire society. Our government, business, academia and civil society have all played a part in restoring confidence, stability and ambition. This resurgence has not come easily,…
Hong Kong’s restaurant industry is expecting the wave of business closures to continue into the second half of the year with little hope for a quick turnaround, following a string of shutdowns of well-established chains in the city. “We are worried about the overall situation in the second half of the year,” Simon Wong Ka-wo,…
Hong Kong’s restaurant industry is bracing for the wave of business closures to continue into the second half of the year with little hope for a quick turnaround, following a string of shutdowns of well-established chains in the city. “We are worried about the overall situation in the second half of the year,” Simon Wong…
Former Hong Kong leader Leung Chun-ying has urged landlords to lower rents as the city’s commercial property vacancy rate hit a 40-year high and retailers cried foul over being forced to close businesses to stem losses. In his social media post on Thursday, Leung pointed to the rate of vacant commercial buildings in the city,…
The Shanghai Gold Exchange opened its first offshore warehouse in Hong Kong on Thursday, a move that is likely to bolster the international trading of its contracts. The vault witnessed several transactions of spot gold contracts after it became operational, according to a statement from Bank of China (Hong Kong), which runs the warehouse. Analysts…