A woman shops inside a retail store that accepts consumption vouchers and offers big discounts in a mall in Hong Kong on April 6, 2022. (ANDY CHONG / CHINA DAILY) Global auditing business advisory firm KPMG China has urged the Hong Kong Special Administrative Region to refine the consumption voucher program to lift the city's economy. KPMG suggests that consumption vouchers worth of HK$5,000 ($641) …
HK delegate: SAR to shine in high-quality BRI development
Cliff Zhang Kun, the CEO of Hong Kong-based asset management firm Templewater and a member of the Hong Kong delegation visiting the Middle East, gives an exclusive interview to China Daily on Feb 7, 2023. (LIU XIAOHAN / CHINA DAILY) Cliff Zhang Kun, a young entrepreneur who is part of Hong Kong’s high-powered delegation to the Middle East, said he believes that the special administrative …
HKSAR tipped to record $16.1 billion deficit
In this April 9, 2018 photo, a man (right) walks past Tamar Park in Admiralty with the skyline of Hong Kong's financial district. (PHOTO / AFP) The Hong Kong Special Administrative Region government would see a budget deficit of HK$125.7 billion ($16.1 billion) for the 2022-23 financial year, or more than double that of the government’s deficit forecast of HK$56.3 billion, according to global auditing …
Border fully reopens
The first batch of visitors arrives at the Huanggang border checkpoint in Shenzhen after leaving Hong Kong on Feb 6, 2023. (PARKER ZHENG / CHINA DAILY) HONG KONG – Passengers poured into Hong Kong and Shenzhen through the Lo Wu and Huanggang checkpoints early on Monday morning, with the Chinese mainland fully resuming normal travel with the Hong Kong and Macao special administrative regions. China Daily’s Andy …
Fosun Receives RMB12 Billion Syndicated Loan to Consolidate Capital for Business Development
HONG KONG, Jan 17, 2023 – (ACN Newswire via SEAPRWire.com) – On 16 January 2023, Fosun High Technology, the domestic operating entity of Fosun International Limited (“Fosun International”, HKEX: 00656), and eight domestic banks held a syndicated loan signing ceremony at the Bund Finance Center, Shanghai. According to the agreement, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction …
Shades of red
Under the canopy of turning leaves. In Tseung Kwan O, Hong Kong on Jan 12, 2023. (CALVIN NG / CHINA DAILY) HONG KONG – As winter meanders, leaves show their true colors with dashes of red, in Tseung Kwan O, Hong Kong. China Daily's Calvin Ng captures the moods of the foliage as residents converge in admiration on Jan 12, 2023. A beloved burst of …
A long-awaited day
The first batch of visitors from the Chinese mainland cross to the Hong Kong Special Administrative Region at Futian port in Shenzhen on Jan 8, 2022. (PARKER ZHENG / CHINA DAILY) HONG KONG – Quarantine free travel between the Chinese mainland and the Hong Kong Special Administrative Region resumed on Sunday morning. Authorities will allow 60,000 people a day to travel each way between Hong …
Open season
This photo shows a sign reading "To HongKong" in the Futian Port in Shenzhen on Jan 6, 2023, as final preparations are underway for the resumption of quarantine-free cross-border travels between the Chinese mainland and the Hong Kong Special Administrative Region from Sunday. (PARKER ZHENG / CHINA DAILY) HONG KONG – With the resumption of normal travel between Hong Kong and the Chinese mainland scheduled …
Fund under SZCDG invests RMB5 billion for 69.35% equity interest in China South City Xi’an, Further strengthening cooperation between the two parties
Hong Kong, PRC, Jan 5, 2023 – (ACN Newswire via SEAPRWire.com) – China South City Holdings Limited (the “Company” or the “Group”, SEHK stock code: 1668.HK) is pleased to announce that China South International, a direct wholly-owned subsidiary of the Company, has entered into an investment agreement with Shenzhen Shenji No.1 Industrial Park Investment and Operation Co., Ltd. under Shenzhen SEZ Construction and Development Group …
The year that was
As 2023 dawns, China Daily takes a look back at how Hong Kong navigated 2022
China Box, a Completely New Watch-to-Earn NFTs Project Is Officially Launched
A non-profit project with the ultimate goal of becoming the largest digital gallery to showcase all amazing aspects of China, the country with the longest continuous history in the world New York, NY, January 04, 2023 – (SEAPRWire) – NFTs have taken over the internet. No one, from businesses to brands and celebrities, can deny onboarding the NFT bandwagon. Unlike any new NFT projects that are spawned into …
Tender sale of Evergrande’s HK headquarters ‘fails again’
A security guard stands at then headquarters of China Evergrande Group in Hong Kong on Oct 4, 2021. (VINCENT YU / AP) HONG KONG – A tender for the sale of embattled China Evergrande Group’s headquarters in Hong Kong has lapsed again, two sources with knowledge of the matter said on Tuesday, because the offer prices and terms fell short of requirements. Lenders to the …
HKTDC welcomes plans for border re-opening between Mainland China and Hong Kong
HONG KONG, Dec 28, 2022 – (ACN Newswire via SEAPRWire.com) – The Hong Kong Trade Development Council (HKTDC) welcomes the upcoming plans to re-open borders between Mainland China and Hong Kong. Resumption of travel will rejuvenate the convention and exhibition sector, boosting economic activity and helping to accelerate Hong Kong’s economic recovery. A spokesperson from the HKTDC said: “Given the importance of economic and social …
Saudi anime producers see potential in China
Hamad Mohammed Aljebreen (center), consul general of Saudi Arabia in Hong Kong, Shaikh Saoud Al Mualla (seventh, right), consul general of United Arab Emirates in Hong Kong, and Naser S Alghanim (eighth, left), consul general of Kuwait in Hong Kong, and others have a group photo at the Asia MENA Culture Technology Economic Collaboration Forum in Hong Kong on Dec 19, 2022. (ZHOU LI / …
Saudi anime producers look to China for next growth potential
Essam Bukhary, CEO of Saudi firm Manga Productions, signs a memorandum of understanding with Hong Kong production company Salon Films at Cyberport on Dec 19, 2022. (JAN YUMUL / CHINA DAILY) Saudi Arabia has been consuming content for a long time, and is known for exporting oil. With its recent collaboration with a Hong Kong-based company, an anime production firm from the Arab nation is …
SinoMab Awarded the “Most Valuable Pharmaceutical and Medical Company” in the Selection of the “7th Hong Kong Golden Stocks Awards”
HONG KONG, Dec 19, 2022 – (ACN Newswire via SEAPRWire.com) – SinoMab BioScience Limited (“SinoMab” or the “Company”, together with its subsidiaries, the “Group”, stock code: 3681.HK), a Hong Kong-based biopharmaceutical company dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases, is pleased to announce that the Company was awarded the “Most Valuable Pharmaceutical and Medical Company” at …
InvesTech Holdings and NTT Jointly Launch Smart Office SaaS Service Platform
HONG KONG, Dec 12, 2022 – (ACN Newswire via SEAPRWire.com) – InvesTech Holdings Limited (“InvesTech Holdings”; together with its subsidiaries, “the Group”; Stock Code: 1087.HK), a leading integrated smart-IT solutions provider in China, is pleased to announce that its subsidiary Wafer Systems Limited (“Wafer Systems”), which owns the smart office software solutions flagship product Virsical, has signed a strategic cooperation agreement with NTT Communications China …
Asia embraces the dawn
Guests view one of the photographs at the "Changing Asia- New Normal" photo exhibition, organized by China Daily and the Asia News Network, at The V54 in Happy Valley, Hong Kong on Dec 9, 2022. (CALVIN NG / CHINA DAILY) HONG KONG – A photo exhibition capturing the changes in Asian people’s daily lives during the COVID-19 pandemic and encouraging people to move forward opened …
Capturing a changing Asia
Guests view one of the photographs at the "Changing Asia- New Normal" photo exhibition, organized by China Daily and the Asia News Network, at The V54 in Happy Valley, Hong Kong on Dec 9, 2022. (CALVIN NG / CHINA DAILY) An exhibition of photographs from across Asia that aims to capture the changes over the last three years under the pandemic opened in Hong Kong …
Deloitte Hong Kong celebrates 50th anniversary and commits to empower 10,000 local secondary school students in the next five years
INspire HK: Future Ready Talent initiative will develop talent to build Hong Kong’s ‘eight centers’ HONG KONG, CHINA, Dec 7, 2022 – (ACN Newswire) – This year marks the 25th anniversary of Hong Kong’s return to the motherland and Deloitte’s 50th anniversary in Hong Kong. To celebrate this landmark, Deloitte today announces the launch of a new talent development initiative – INspire HK: Future Ready Talent …