Bowtie Life Insurance, the city’s first virtual insurer, on Friday said it raised US$70 million in its third funding round from existing shareholder Sun Life, its largest such effort since its establishment in 2018. “The stock market rally in Hong Kong this year has improved market sentiment, paving the way for many start-ups and companies…
Terrence Tang is the head of wine and spirits for Asia at auction house Bonhams. He spoke to Andrew Sun. When I was growing up my family frequently dined out and we had a particular fondness for Chinese cuisine. We would go for dim sum every week, as well as explore new restaurants. Now, I…
When his health supplement business struggled with cash-flow problems, Bobby Tan* turned to a so-called professional networking group in Hong Kong for help, borrowing HK$300,000 (US$38,220) from a licensed small lender in April last year. Over the next 10 months, the Hong Kong permanent resident from Southeast Asia continued to take on more debt, borrowing…
From free museum visits and tram rides to discounted meals and fun runs, residents and tourists took full advantage of offers by thousands of businesses, braving the frequent showers to revel in the celebrations of the city’s 28th anniversary of its handover to Beijing. Rows of bright red national and Hong Kong flags adorned the…
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. Hong Kong marks the 28th anniversary of its return to Chinese sovereignty on Tuesday. The day’s events start with a flag-raising ceremony…
A Hong Kong police officer’s semi-automatic firearm accidentally discharged at the force’s headquarters in Wan Chai on Tuesday afternoon. The officer was unloading his weapon in a designated area inside the Arsenal Street premises when a single round was accidentally fired, a police spokesman said. No injuries were reported. The Post has learned that the…
Hong Kong pop diva and actress Karen Mok Man-wai bought a luxury unit in the Mid-Levels district for HK$85 million (US$10.8 million), as the city’s celebrities, tycoons and other wealthy investors continue to pick up plum properties that are selling for a song. According to the Land Registry, a 2,153 sq ft three-bedroom flat at…
Hideaki Sato is the chef and co-owner of three-Michelin-star French-Japanese restaurant Ta Vie in Central, Hong Kong. He spoke to Andrew Sun. I was so picky about food when I was young, before I started my career. I wouldn’t eat most vegetables or pork, and I was more focused on football, drawing, or making something…
Hong Kong’s commercial market declines have left some of the city’s once-prosperous veteran investors struggling financially, with experts expecting distressed sales to continue amid plunging property valuations. In April, receivers took over the luxury detached mansion in Pok Fu Lam where “Cassette King” David Chan Ping-chi and his family had lived since the 1980s, marketing…
Hong Kong’s commercial market declines have left some of the city’s once-prosperous veteran investors struggling financially, with experts expecting distressed sales to continue amid plunging property valuations. In April, receivers took over the luxury detached mansion in Pok Fu Lam where “Cassette King” David Chan Ping-chi and his family had lived since the 1980s, marketing…