Macau

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European firms tout Hong Kong as springboard for expansion into mainland China, Asia

Hong Kong can help European companies tap promising markets in Asia, particularly mainland China, by leveraging the city’s unique advantages…

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Hong Kong restaurants to remain in ‘survival of the fittest’ mode, analysts say

Tenant churn in retail properties in Hong Kong will continue in coming months, as prominent restaurants close but affordable eateries…

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Exclusive | NWD, China Resources Land to pay reduced premium for Northern Metropolis project

New World Development (NWD) and mainland developer China Resources Land are finalising discussions with the Hong Kong government on a…

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Hong Kong stocks steady as rate-cut expectations fuel global risk appetite

Hong Kong stocks steadied, taking cues from US and regional markets following a rebound in risk appetite as investors bought…

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Hong Kong stocks on course for first weekly loss in a month on China growth, earnings jitters

Concerns about the durability of China’s growth and corporate earnings put Hong Kong stocks on track for their first weekly…

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How China’s open-source AI is helping DeepSeek, Alibaba take on Silicon Valley

July 9, 2024, may be remembered as a day of humiliation for China’s artificial intelligence community. On that day, US…

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China sees surge in sales of duty-free goods amid inbound tourism boom

Major Chinese cities have reported a surge in purchases of tax-refundable goods by foreign tourists in recent months, as new…

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Explainer | How can you claim tax refunds as a tourist in China?

China will extend its value-added tax refund policy for inbound tourists to a series of new locations from July 1,…

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Macau luxury property The 13 Hotel sells for HK$600 million to a local buyer

The 13 Hotel, touted as one of the world’s most expensive hotels, has been acquired for HK$600 million (US$76.43 million)…

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Breaking | Mainland China, Hong Kong launching Payment Connect scheme to facilitate capital flows

China’s central bank is launching a new connect programme with Hong Kong to facilitate cross-border payments – Beijing’s latest move…

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