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China's wealth set to increase faster than U.S. in next five years: media

China's wealth will increase at a faster pace than that of the United States in the next five years, the South China Morning Post reported on Tuesday (June 22) citing a wealth report.

U.S. Commerce Department rescinds TikTok, WeChat prohibited transactions list

The U.S Commerce Department said Monday (June 21) it was rescinding a list of prohibited transactions with TikTok and WeChat that were issued in September as the Trump administration sought to block new U.S. downloads of both Chinese-owned apps.

Alibaba co-founder: HK's free market economy great for capital formation

China's Hong Kong is great for capital formation thanks to the city's free market economy and the most benign tax system, said Alibaba co-founder and former CFO Joe Tsai during a recent interview with CNBC.

US$4.6 billion sales a year? Viya nails it via live-streaming

It's no news that e-commerce in China is highly developed and COVID lockdowns propelled it even further. Chinese e-commerce is projected to be US$1 trillion dollars in 2020, up from US$862 billion in 2019. As for Viya, in 2019, the turnover during the Double 11 Shopping Festival exceeded 3 billion yuan, and in 2020, she topped the list of live-streaming e-commerce with over 30 billion yuan (US$4.66 billion) of sales...

InvestHK launches Global Fast Track 2021 program

Invest Hong Kong (InvestHK) on Thursday (June 17) announced that the Global Fast Track 2021 programme is now open for applications from fintech scale-ups and established firms intending to scale from Hong Kong, Asia's leading fintech hub, to the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), Asia and beyond. This is a special programme led by InvestHK to promote fintech business adoption in Hong Kong. Selected companies will earn a spot to be showcased prominently at Hong Kong FinTech Week 2021 during November 1 to 5.

HKEX contributes to Hong Kong's status as int'l financial hub: HKSAR chief executive

- Hong Kong Exchanges and Clearing Limited (HKEX) has contributed significantly to Hong Kong's status as a premier fund-raising center and an international financial capital, Carrie Lam, chief executive of the Hong Kong Special Administrative Region, said on Wednesday (June 16).

Wall Street ends down as data spooks investors awaiting Fed report

Wall Street's main indices closed lower on Tuesday (June 15) as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve's latest policy meeting.

HKEX's revenue up sevenfold in 2 decades

Hong Kong Exchanges and Clearing Limited (HKEX), which is embracing its 21st anniversary of going public, has seen its revenue up by over seven times during the past two decades.

MOC official says to support Hong Kong in participating in economic cooperation zones overseas

An official of China's Ministry of Commerce (MOC) on Tuesday expressed support for the Hong Kong Special Administrative Region (HKSAR) in giving full play to its advantages to participate in economic cooperation zones overseas.

Paul Chan: Wealth management connect to be launched soon

The wealth management connect in the Guangdong-Hong Kong-Macao Greater Bay Area will be launched in the near term, an official of the Hong Kong Special Administrative Region (HKSAR) government said on Friday (June 11).

Watch This | Highlights: Apple WWDC21 Day4

Apple's Worldwide Developers Conference, or WWDC, is the company's annual conference for software makers. The conference kicked off Monday (June 7) and will last through the week. Watch the video to get a taste of what happened on Day 4 and what to expect next!

Watch This | Highlights: Apple WWDC21 Day3

Apple's Worldwide Developers Conference, or WWDC, is the company's annual conference for software makers. The conference kicked off Monday (June 7) and will last through the week. Watch the video to get a taste of what happened on Day 3 and what to expect next!

Poll: Desire for luxury goods on rebound in HKSAR, mainland

Consumers' desire for luxury goods in the Hong Kong Special Administrative Region (HKSAR) and on Chinese mainland is recovering, with the appetite for such goods back to pre-pandemic levels, a new survey says.

China's commerce minister, U.S. commerce secretary talk over phone

China's Minister of Commerce Wang Wentao on Thursday (June 10) held a phone conversation with U.S. Secretary of Commerce Gina Raimondo, according to China's Ministry of Commerce.

Hong Kong's financial system remains resilient: IMF

The International Monetary Fund said Hong Kong's financial system remains resilient to financial shocks despite the challenges that the city had faced over the past two years.
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