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Tag: Hong Kong

Posted on September 18, 2023

Meet the typical Hong Kong millennial: They’re supporting their parents, can’t afford to buy homes, and have zero interest in moving to mainland China

Over 80% of millennials in Hong Kong live with their parents.  The 2019-2020 protests had an impact on their mindset. Hong Kong’s millennials differ from their elders by being more vocal, expressive, …
Posted on September 18, 2023

Cross-border healthcare services can ease burden on Hong Kong’s public hospitals, but payment matters must be addressed, ex-finance chief Antony Leung says

Cross-border medical services can help relieve the burden on Hong Kong’s public healthcare system, but matters such as who should pay for treatments must be addressed at the policy level before …
Posted on September 18, 2023

Cross-border healthcare services can ease burden on Hong Kong’s public hospitals, but payment matters must be addressed, ex-finance chief Antony Leung says

Cross-border medical services can help relieve the burden on Hong Kong’s public healthcare system, but matters such as who should pay for treatments must be addressed at the policy level before …
Posted on September 18, 2023

Chinese AI firm Fourth Paradigm leads Hong Kong IPO surge to raise $280 million

Three Chinese firms, including AI software company Beijing Fourth Paradigm, are planning to raise up to $280 million through Hong Kong IPOs. Beijing F …
Posted on September 17, 2023

Hong Kong’s old buildings are crumbling, but flat owners balk at repair fees, prompting calls for government action on ‘ticking time bombs’

The 70-year-old block with 20 flats is one of Hong Kong’s “three-nil buildings” – it does not have a property maintenance company, owners’ corporation or residents’ organisation to carry out a …

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Posted on September 17, 2023

Saudi Arabia-China Entrepreneurs Association Signs MoU with HKTDC to Boost Trade with Hong Kong

In a landmark move to fortify commercial ties between Hong Kong and Saudi Arabia, the Saudi Arabia-China Entrepreneurs Association (SCEA) signed a Memorandum of Understanding (MoU) with the Hong Kong …
Posted on September 17, 2023

Hong Kong will review feedback over nightlife campaign and offer new ideas, finance chief says, as city leader admits spending habits take time to change

Financial Secretary Paul Chan says newly launched ‘Night Vibes Hong Kong’ campaign will ‘create happy memories’ for locals and boost visitor numbers, despite criticisms City leader John Lee also …
Posted on September 17, 2023

Swiss private lender UBP says Hong Kong’s family office incentives are attracting interest from wealthy mainland Chinese, overseas clients

Hong Kong’s newly launched tax incentives and resumption of investment migration schemes are set to boost the city’s family office hub ambitions, says head of Swiss private lender Union Bancaire …
Posted on September 17, 2023

Top US Treasury official visits Hong Kong, with trip seen by analysts as sign both sides want to ease tensions in bilateral ties

Assistant Secretary for International Finance Brent Neiman will hold engagements in Hong Kong, US Treasury Department says Visit signals a desire by Washington to improve relations with Hong Kong, …
Posted on September 17, 2023

US Treasury official visits Hong Kong in bid to deepen ties with China

U.S. Treasury official Brent Neiman visited Hong Kong on Thursday, the highest ranking Treasury official to visit the financial hub since 2019, U.S. authorities said, as Washington aims to deepen ties …

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