Efforts to expand sales of high-value products in China and non-US markets would cushion the blow, analysts say.
Deal eliminates emissions equal to 10,000 round-trip flights between Hong Kong and London, lender says.
Green AI’s smart collection bin can sort waste into four categories – plastic bottles , aluminium cans, drinks cartons and general refuse.
Insurance premiums are set to fall as EV prices decline, but third-party liability coverage to remain high due to accident rates and repair costs.
BioNTech says deal will support its push into the development of cancer drugs using its proven mRNA technology.
Chinese firms to prepare for worst-case scenario of Trump slapping tariffs on shipments from their bases in Southeast Asia.
14 Nov 2024 - 7:56AM videocam
Shanghai Henlius struck a deal in Saudi Arabia while XtalPi signed a partnership with Sinar Mas Multiartha in Indonesia.
For the first nine months of 2024, electricity sales at CLP Power Hong Kong grew 2.5 per cent from a year earlier.
6 Nov 2024 - 11:31AM videocam
‘If we leave it to the market, every company will wait for their competitors to make the first move,’ says airline’s sustainability manager.
4 Nov 2024 - 9:33AM videocam
Climeworks, the builder of the world’s largest carbon capture plant, is seeking investors for ambitious multibillion-dollar ventures.
With a regulatory approach that expands the market for such devices to the Greater Bay Area, local companies see opportunity for growth.
3 Nov 2024 - 12:39PM videocam
Hong Kong can boost its hydrogen economy by leveraging Foshan’s cheaper hydrogen and refuelling infrastructure, says H2 Solution’s CEO.
27 Oct 2024 - 12:30PM videocam
Meanwhile, rival China Longyuan Power gains after deal to buy wind-farm assets from controlling stakeholder.
Tai Ping, which makes carpets costing up to US$5,000 per square metre, responds to demand for eco-friendly materials, practices.
The government should streamline approvals for more projects and offer more financial support, speakers at InvestHK’s forum said.
Neo-Health Group says its device, developed with a government-backed research institute, will also help test for skin infections and cancers.
The industry is awaiting Chief Executive John Lee’s policy address, with experts saying investment in SAF is vital for Hong Kong to maintain aviation hub status.
As China’s market matures, exports hold the key to future profitability for Yutong, Foton and peers in rivalry with European electric-bus producers.
12 Oct 2024 - 8:47AM videocam
Lance Yuen spent two decades at Bristol-Myers Squibb and Bayer in the region before becoming the CEO at CK Life Sciences last month.
“We are at the beginning of the journey and we need help,” CEO Roberto Guidetti says as company works on climate-transition goals.
3 Oct 2024 - 7:41AM videocam
IEA: China accounts for 40 per cent of all new low-emission hydrogen production projects that got the financial green light in the past year.
New EU rules take sustainability reporting to unprecedented levels, Deloitte says, allowing well-prepared companies to build an advantage.
2 Oct 2024 - 11:00AM videocam
Focused ultrasound, backed by Li Ka-shing, is emerging as a non-invasive, commercially viable cancer treatment, attracting significant investments.
29 Sep 2024 - 7:09PM videocam
Non-profit institute sees opportunities in licensing its technology to generate income to fund new equipment and facilities, CEO Fung says.
24 Sep 2024 - 10:51AM videocam
With quick-charge batteries from CATL, firm aims to extend driving range by 10 per cent while cutting operating cost by 20 per cent.
Company aims to expand service centre network to 1,000 by 2028 from around 600 currently in an effort to educate more farmers.
In future, local companies may be asked by regulators about the impact of nature-related risks and opportunities on their operations.
13 Sep 2024 - 7:00PM videocam
Major procurement shifts, policy incentives and technical documentation frameworks are required to drive investments, alliance says.
Hong Kong needs references for greenhouse gas emissions and projections for climate scenarios for listed companies, a standard setter said.