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.
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.
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...
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.
- 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'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.
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.
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).
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!
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!
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.