Government will assess their interest and invite firms to share feedback for developing joint innovation hub with Shenzhen, source says.
Chinese IT services company Unisplendour Corp. has picked BNP Paribas SA, China Merchants Bank International and CSC Financial Co. for its planned second listing in Hong Kong, people familiar with the matter said.
Finance chief Paul Chan has presented 'very generous' budget at time when city needs bold solutions to deficit woes, experts say Observers and economists have said Hong Kong's "very mild" budget failed to promptly address government spending shortfalls and will not spark any uptick in consumption,
Though Hong Kong’s economy grew at a modest pace of 2.5% in 2024, China’s stimulus measures lifted investor sentiment, driving up the benchmark Hang Seng index by more than a
More mainland-listed companies are making their way to Hong Kong to raise funds amid improved market sentiment and regulatory support.
On February 26, Hong Kong financial secretary Paul Chan delivered the 2025-26 Hong Kong budget report – which sees a turquoise cover this year to symbolise a ‘blue ocean of opportunities’ – detailing a series of measures and budget plans to manage public finances and tackle Hong Kong’s economic challenges:
Hong Kong has been ranked the most expensive city to live in within Eastern Asia. The world’s largest cost-of-living database Numbeo publishes periodic tables ranking costs of living, property prices, and more for cities around the world, and Hong Kong has been confirmed as one of the most expensive in Asia.
The Shenzhen innovation ecosystem is different from anything in the West. Companies may find themselves competing not with individual companies but with entire ecosystems
Hong Kong will cut public spending and restore fiscal balance by mid-2027 after a string of huge deficits, the city's finance chief said Wednesday as he unveiled growth plans including an artificial intelligence institute.
HONG Kong Financial Secretary Paul Chan said the economy will grow modestly this year, as he looks to shrink the city’s deficit while countering headwinds from a slowing Chinese economy and rising trade tensions with the US.
The Budget presents a series of measures aimed at accelerating the cultivation of new quality productive forces. On innovation and technology (I&T), the Government will promote Hong Kong into an international exchange and co-operation hub for the AI industry.