Hong Kong’s success has always been in its openness to opportunity and willingness to try new things. This “can-do” spirit may now seem a bit canned in expression, but the truth of it remains – Hong Kong cannot afford to lose its appetite for risk. It was what made us a cultural icon in the…
Artificial intelligence is expected to outshine Web3 at this year’s FinTech Week, which kicks off at the end of the month, as organisers InvestHK and Finoverse tease a slate of mainland Chinese exhibitors looking to ride the generative AI wave. “[There is] a huge increase in mainland Chinese companies’ representation at this year’s event ……
Chinese property stocks climbed 7% on Monday three major cities eased homebuying rules. The surge comes amid an economic-stimulus blitz that started last week. China’s property sector has struggled amid falling home prices, vacant supply, and debt. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download…
Hong Kong stocks rallied, driving the market to its best month in almost two years. Major mainland Chinese cities removed more curbs on home purchases in a follow-up to Beijing’s stimulus package, brightening the recovery outlook. The Hang Seng Index surged 3.3 per cent to 21,321.97 at the local noon trading break. The benchmark has…
Mainland Chinese early birds have flocked to Hong Kong ahead of the National Day “golden week” holiday to avoid crowds expected during the break next week. Many tourists were seen crossing the city’s land checkpoints on Saturday morning, while some descended to selfie hotspots, such as the University of Hong Kong (HKU). The country celebrates…
By ZeroHedge – Sep 26, 2024, 3:00 PM CDT Established financial centers like London, New York, and Hong Kong have lost some of their competitiveness in the past decade, according to the Global Financial Centres Index. Chinese cities, particularly Shanghai and Shenzhen, have risen in the rankings and are now among the world’s…
Hong Kong’s transport minister has pledged to test out drone and flying car businesses in a “step-by-step” manner, with experts calling for cross-departmental and cross-border discussions to pave the way for the city to tap into the multi-trillion national low-altitude economy. Secretary for Transport and Logistics Lam Sai-hung said on Monday that the government was…
Former Hong Kong leader Leung Chun-ying has urged the city to draw from the experience of its Shenzhen neighbour and take bolder, faster steps to push for increased competitiveness through reforms such as high-end industrial development. Leung made the call on Saturday after the recently concluded third plenum of the 20th Central Committee of the…
A child from a Japanese primary school in southern China died on Thursday morning after being attacked by a man with a knife the day before, the Japanese embassy in Beijing said. The 10-year-old was injured on the way to school in Shenzhen, Guangdong province, the embassy posted to its Weibo on Thursday morning. The…
A boy is in hospital after he was attacked by a man with a knife on the way to his Japanese primary school in Shenzhen, southern China on Wednesday morning. A Japanese government source has told Kyodo News that the boy – whose condition is unknown – was the victim of a stabbing. Earlier reports…