Local authorities are drafting a US$11.58 billion support plan for the troubled state-backed property developer, according to financial news outlet Octus
Business
A Deloitte study highlights that Hong Kong’s position and stable environment are drawing increasing numbers of high-net-worth individuals from around the world
Non-gaming visitor expenditure rose 6.3 percent year-on-year, with MICE visitors spending more than double the average
Among the key measures is a 100 billion yuan (US$14.41 billion) guidance fund that is intended to facilitate investment in strategic emerging industries
Headwinds remain, however, with new tariffs, geopolitical tensions and shifting trade rules creating an uncertain environment for global airfreight
The southern Chinese region’s economic output accounted for around 81 percent of Guangdong province’s GDP last year
The city has started rejecting renewals of Category B and C foreign work permits for applicants aged 60 and above, according to recent employer guidance
The Irish native’s Hong Kong-based investment firm offers services that help businesses and families to manage and grow their assets
New measures support the local business sector by making the operating environment more market-oriented, law-based and internationalised