Chinese battery giant Contemporary Amperex Technology Limited (CATL) has made headlines again – this time for its US$4.6 billion debut on the Hong Kong stock exchange, the world’s largest initial public offering this year. CATL’s shares surged as much as 18 per cent, a signal of both investor confidence and the company’s carefully orchestrated industrial … Read more
Hong Kong must “gear up to fight a long battle” in the escalating trade war with the US by diversifying risks and accelerating brand upgrades, the city leader has said, citing views from local delegates to China’s top legislature and political advisory body. Chief Executive John Lee Ka-chiu hosted a closed-door seminar on Thursday at … Read more
Six courses offered by two universities in Hong Kong have been listed among the top 10 in a global league table, according to a ranking organisation that also warned financial cuts to the city’s higher education institutions could affect their ability to stay competitive. In the latest annual results compiled by Quacquarelli Symonds, a Britain-based … Read more
Hong Kong’s Construction Industry Council will allocate HK$150 million (US$19.3 million) to subsidise companies training and retaining 2,500 graduates as it remains confident in the sector’s future despite a decline in the number of private projects. The council, a statutory body representing the construction sector, said on Monday that the scheme was intended to help … Read more
Prices on the secondary market declined 0.45 per cent in January as a closely watched gauge edged down to 287.6 from 288.9, following a 0.65 per cent drop in December, wiping out gains from October and November, according to data published by the Rating and Valuation Department on Friday. Prices weakened 7.13 per cent in … Read more