More than 80 per cent of surveyed mainland Chinese companies plan to grow their overseas presence, with Hong Kong listed as their top choice for a professional services platform to support expansion, the Trade Development Council (TDC) has found. The council’s survey, published on Tuesday, also showed that about 94 per cent of respondents were…
Hong Kong recorded a 15 per cent drop in the number of investment scam cases in the first half of this year, but losses remained high at HK$1.65 billion (US$210 million), with police warning of fraudsters posing as representatives of legitimate overseas firms to swindle local investors. Senior Superintendent Fanny Kung Hing-fun said on Friday…
The Association of Southeast Asian Nations has a role to play in Hong Kong’s plans for its economy. Chief Executive John Lee Ka-chiu signalled as much when he touched on the city’s first five-year plan in his August 7 meeting with Asean Secretary General Kao Kim Hourn. For businesses, however, the central question is not…
Australian PM Anthony Albanese (right) and Vietnamese leader To Lam exchange documents after a bilateral meeting at Parliament House in Canberra. (EPA Images pic) SYDNEY: Australia and Vietnam said Tuesday they would expand cooperation between their militaries as the middle powers face down Beijing’s expanding reach in the Pacific and the South China Sea. Following…
Hong Kong and Malaysia are poised to deepen economic ties across key sectors, such as semiconductor manufacturing, to unlock mutual growth opportunities, the head of the city’s Trade Development Council (TDC) has said. Council chairman Frederick Ma Si-hang made the comment on Monday as he joined Hong Kong’s biggest delegation to Malaysia to date under…
Shein’s draft prospectus showed a 14% decline in US revenue in Q1, attributed to the end of the de minimis exemption. (Reuters pic) HANOI: Just over a year ago, Chinese ultra-fast fashion retailer Shein began leasing 15 hectares of warehouse facilities — equivalent in size to 21 soccer pitches — near Ho Chi Minh City,…
More than 90 per cent of mainland Chinese enterprises plan to expand overseas within the next two years, with over 80 per cent aiming to use Hong Kong as their launch pad into Southeast Asia, a survey has found. The research findings, published by the Trade Development Council on Wednesday, indicate that mainland firms are…
When Zhou Yuxiang, founder and CEO of Shanghai-headquartered Black Lake Technologies, wanted to sell his artificial intelligence (AI) automation solutions to millions of family-run factories across China, he came up with an unconventional strategy: hiring food delivery workers to make sales. His entire sales team, hired from various industrial cities, survived a gruelling five-day boot…
Rescue teams were searching on Sunday for 17 people still missing after a Vietnamese cargo ship sank in the South China Sea, with 45 crew members rescued since the vessel sent out a distress signal the previous evening. The Vietnamese-registered cargo ship, Khoi Nguyen 18, was carrying 62 Vietnamese nationals when it encountered…
There were 62 people aboard the vessel when it sank, all of them Vietnamese nationals. Published On 26 Jul 202626 Jul 2026 At least 18 people are missing in the South China Sea after a Vietnamese cargo ship sank. Chinese and Vietnamese authorities were still searching on Sunday for the missing, all of whom are…