Business

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1 08, 2021

UK robotics start-up CMR Surgical eyes Hong Kong as a launch pad for its Asia-Pacific expansion

By | 2021-08-01T08:05:11+00:00 August 1st, 2021|Business|Comments Off on UK robotics start-up CMR Surgical eyes Hong Kong as a launch pad for its Asia-Pacific expansion

CMR Surgical, a US$3 billion UK start-up backed by investors including SoftBank and Tencent Holdings, is keen to establish a presence in Hong Kong as it looks to expand into mainland China and the Asia-Pacific for its surgical robotic system.The medica...

1 08, 2021

China new home price growth slows in July as measures to rein in red-hot property market pay off

By | 2021-08-01T06:34:57+00:00 August 1st, 2021|Business|Comments Off on China new home price growth slows in July as measures to rein in red-hot property market pay off

China’s growth in new home prices slowed in July for the first time in five months, with smaller cities especially weighed down by higher mortgage rates, price caps on resale homes and other steps to cool speculation, a private-sector survey showed on ...

31 07, 2021

Biel Crystal revives Hong Kong stock offer plan as glass supplier of Apple, Samsung, Huawei raises capital for expansion

By | 2021-07-31T12:29:26+00:00 July 31st, 2021|Business|Comments Off on Biel Crystal revives Hong Kong stock offer plan as glass supplier of Apple, Samsung, Huawei raises capital for expansion

Biel Crystal Holdings Limited, the world’s largest maker of smartphone screens, said it applied to raise capital in Hong Kong, reviving the initial public offering (IPO) that was scuttled three years ago amid the escalating trade war between the United...

31 07, 2021

China stocks: New Oriental, TAL Education scrap earning releases, media calls amid regulatory storm

By | 2021-07-31T05:35:59+00:00 July 31st, 2021|Business|Comments Off on China stocks: New Oriental, TAL Education scrap earning releases, media calls amid regulatory storm

New Oriental Education and TAL Education, two of China’s largest tutoring services providers, have cancelled their upcoming earnings releases and media calls amid Beijing’s intensified crackdown on off-campus tutoring.The companies separately announced...

29 07, 2021

Why stock market investing today is like flying in the 1950s

By | 2021-07-29T19:30:14+00:00 July 29th, 2021|Business|Comments Off on Why stock market investing today is like flying in the 1950s

Most stock markets indices don’t want to go down. For a Hong Kong dollar investor, Mumbai is up 111 per cent since the Covid-19 low, the S&P 500 is up 103 per cent, Europe 89 per cent, and Tokyo 73 per cent.But, as they say in football, it has been a g...