Japan asset managers weigh developing crypto investment products

Hong Kong businesses are increasingly turning to Saudi Arabia as their top choice for supply chain diversification amid changing trade conditions, according to an HSBC survey. Nearly a fifth of Hong Kong businesses identified Saudi Arabia as their preferred market to expand production, followed by mainland China at 14 per cent, according to the survey released on Thursday. Interest was strongest among technology, media and telecommunications firms. Favourable policies bolstered the trend, the… Source link

Hong Kong’s construction and catering sectors remain pessimistic about their recovery, despite a decline in unemployment rates, citing a lack of new private development projects and unattractive wages for junior positions in the food and beverage industry. Two industry representatives made the remarks on Thursday, after the government announced the latest unemployment figure of 3.8 per cent for the past three months, the first drop since mid-2023. The latest rate is 0.1 percentage points lower… Source link

Hong Kong authorities will set key performance indicators (KPIs) for a planned government-owned company intended to drive the development of the San Tin Technopole and grant its subsidiaries greater flexibility to meet the needs of enterprises. Kevin Choi Kit-ming, permanent secretary for innovation, technology and industry, said on Friday that a strategically reserved “white space” in one part of the technopole could support its future expansion and support the development of the city’s… Source link