Racehorses have been moving freely across Hong Kong’s border with southern China, becoming the first beneficiaries of the city’s closer connectivity with the Pearl River Delta.

Hong Kong leaps three spots to share dubious title alongside the French capital and incumbent Singapore, according to the Worldwide Cost of Living survey, put out by the Economist Intelligence Unit.

With the extension, the casino concessions of SJM and MGM China would be synchronised with Sands China, Wynn Macau, Galaxy Entertainment and Melco Resorts.

Weaker consumer sentiment and increasing costs of doing business are the core drivers of this year’s pessimism, says Michael Sayers, equities research director at Fidelity

The Danish toymaker, known for its multicoloured building bricks, will open 80 stores, mostly in third and fourth tier cities in China, where the company registered strong double-digit revenue growth last year.

Lee Man-tat, chairman of the famous Lee Kum Kee Group, saw his family’s wealth double in the last year, springboarding them into third place.

Major accounting services companies are aggressively expanding legal services offerings in Hong Kong as part of a global trend.

• The offshore corporate services industry is entering a new era of respectability, shedding its former image as a hiding place of money for the world’s wealthiest jet-setters, says Jonathan Clifton, regional managing director, Asia and Middle East at Vistra.

Hong Kong is the best location in Asia for setting up a finance company, according to research published on Thursday by Colliers International. Another survey, released by PwC and US think tank Urban Land Institute, however, found the city’s investment attractiveness was on the decline.

Proposed expansion could see two new stores in Hong Kong and more than 60 more across Asia.

M&A activity in financial technology is likely to grow substantially over the next two years globally, with banks, financial institutions and fintech-focused private equity and venture capital firms all prepared to spend more money on deals, according to survey by US law firm Reed Smith.

Innovation lab is ‘part incubator and part accelerator’ for start-ups in AI, big data, robotics and environmental technology

The median wealth of China’s 400 richest people shrank by US$300 million in 2018, compared with last year, according to Forbes

Former chairman of Sun Hung Kai Properties suffered stroke in August, and was receiving treatment at Hong Kong Adventist Hospital.

Hong Kong is ranked fourth in the world in the concentration of corporate directorships, with 65 directors each sitting on more than six boards, sharing 499 seats between them

He broke away from the family fold at just 23 to form his own business, and now the fourth of nine children is set to hand over the reins of his burgeoning property empire to his daughter

Magnus Renfrew has come up with Taipei Dangdai, a fair which will have a major focus on Asia whilst showcasing also some of the world’s leading galleries

The automotive world’s turnaround wunderkind and globalist par excellence says the industry’s future lies in services that combine technology and engines with applications