Germany wishes peaceful Hong Kong resolution
Wuhan – German Chancellor Angela Merkel renewed calls for a peaceful solution to unrest in Hong Kong on Saturday during her trip to China. The Hong Kong protests have overshadowed a three-day visit Merkel had planned to use to press … Continue reading Germany wishes peaceful Hong Kong resolution
Hong Kong: The endangered golden goose ?
Hong Kong – As China’s key offshore financial center, Hong Kong has been playing a unique role in facilitating Mainland China’s integration with the global economy since the opening up of its market in the late 1970s. However, the trade … Continue reading Hong Kong: The endangered golden goose ?
Hong Kong facing worst crisis since 1997 handover
Shanghai – Senior Chinese diplomat Wang Yi told a Hong Kong business delegation that more support should be given to the city’s government to end violence that has evolved into the biggest crisis it has faced since the return to … Continue reading Hong Kong facing worst crisis since 1997 handover
Sandbox VR builds hyperrealistic VR games
Hong Kong – A swarm of monster bugs are running toward towards me and I’m frantically shooting at them, all while trying to ignore the fact that I’m standing right at the edge of a skyscraper. As someone with acrophobia, … Continue reading Sandbox VR builds hyperrealistic VR games
Luckin Coffee chief asks banks for $200 million loan
Hong Kong – Chinese startup Luckin Coffee’s chairman is seeking a loan of at least $200 million from banks including Goldman Sachs and Morgan Stanley under a deal that would award them mandates in the firm’s planned U.S. IPO, people … Continue reading Luckin Coffee chief asks banks for $200 million loan
Cathay Pacific making profit again
Hong Kong – Hong Kong’s Cathay Pacific Airways Ltd projected its annual profit at more than double analyst estimates as its turnaround plan designed to cut costs and boost revenue pays off, sending its shares surging nearly 9 percent on … Continue reading Cathay Pacific making profit again
Hong Kong welcomes New Year with big firework
Hong Kong – Hundreds of thousands of revellers in Hong Kong began the new year with the thunderous roar of HK$14 million (US$1.8 million) worth of fireworks going off above Victoria Harbour at the stroke of midnight. At least 340,000 … Continue reading Hong Kong welcomes New Year with big firework
UBS first foreign bank approved for majority stake
Beijing – China’s securities regulator on Friday gave approval for UBS Group (UBSG.S) to hold the majority stake in its securities joint venture, making it the first foreign bank to take such control under new rules announced by Beijing last … Continue reading UBS first foreign bank approved for majority stake
Mega-bridge linking Hong Kong to mainland opened
Hong Kong — China on Tuesday opened the world’s longest sea-crossing bridge linking Hong Kong to the mainland, a feat of engineering carrying immense economic and political significance. Chinese President Xi Jinping presided over a ceremony in the city of … Continue reading Mega-bridge linking Hong Kong to mainland opened
APBF explores Digital Silk Road opportunities
Hong Kong – Policy Makers, academics and business leaders from 53 member states of United Nations Economic and Social Commission for Asia and the Pacific Sustainable Business Network (ESCAP) debated on April 10-11 on how to nurture the region’s start-up … Continue reading APBF explores Digital Silk Road opportunities