Hong Kong hirers can now post job ads for free and pay for performance, with enhanced AI targeting to find the right match for every role
HONG KONG, Aug. 18, 2025 /PRNewswire/ --
- Jobsdb introduces innovative pay for performance model, enabling employers to post unlimited job ads for free and pay only for the performance they need.
- SEEK AI-powered recommendations drive 43% of applications in Hong Kong, helping employers quickly connect with high-fit candidates.
- Compared to the second half of 2024, job ads in Hong Kong declined 6% in the first half of 2025, while average job applications per advertisement on Jobsdb surged by 41%, reflecting intensifying competition among jobseekers.
- New learning and community platform will combine career resources with networking opportunities to help jobseekers stand out and navigate the competitive landscape.
Jobsdb by SEEK, Hong Kong's leading employment marketplace, today announced a transformative shift in its recruitment solutions. Its innovative pay for performance model eliminates upfront hiring costs and uses advanced AI to deliver better matches between employers and jobseekers.
This move responds to Hong Kong's changing job market, where economic uncertainties and surging job applications have created compounding recruitment challenges. According to Jobsdb's latest data, the total number of job advertisements in the first half of 2025 dropped by 6% compared to the second half of 2024, reflecting cautious hiring strategies amidst global economic challenges. In contrast, average job applications per advertisement on the Jobsdb marketplace rose sharply by 41% during the same period. This surge has intensified competition among jobseekers, while employers face added challenges in managing high application volumes, often increasing recruitment costs and time-to-hire.
Pay for Performance Model Offers Flexible Hiring with No Upfront Costs
In response to evolving market dynamics, Jobsdb is moving beyond the traditional pay-to-post model, to one where hirers can post job ads for free and only pay for performance. The new model eliminates upfront advertising costs and offers employers greater flexibility — enabling a more tailored, result-driven hiring experience to meet diverse recruitment needs.
Now, employers can post unlimited job ads for free, granting businesses — from multinational corporations to local startups — cost-effective access to over 2.9 million registered jobseekers in Hong Kong for any role at any time. This makes it an ideal solution for employers facing manpower budget constraints. For job ads requiring enhanced visibility, employers can leverage premium features to boost exposure and attract targeted applications. This approach ensures employers pay only for the performance they need with smarter ad posting experience, helping optimise hiring budgets and streamline recruitment efforts.
Powered by AI, Jobsdb's improved ad posting experience also delivers smarter insights, including performance predictions across all job ad tiers, such as estimated views and application volumes from high-fit candidates who are most likely to be a strong match for the role. These advanced tools help employers make data-driven hiring decisions, select the most effective ad format for each role, and align recruitment strategies with business goals.
Enhanced AI Targeting Delivers High-fit Candidates and Relevant Matches
Behind this transformation is SEEK's world-class AI technology that's already delivering proven results. In Hong Kong, 43% of applications on Jobsdb are driven by AI-powered recommendations.
SEEK has combined its existing AI models with an advanced model trained on millions of past hiring decisions, to predict a candidate's likelihood of being shortlisted for any given job ad. Candidates with a high potential are classified as "high-fit". SEEK's AI actively targets high-fit candidates with relevant opportunities across various recommendation channels, including emails, notifications and website visibility. By focusing on high-fit candidates, SEEK's AI not only improves job search efficiency and success rates for candidates, but also helps employers accelerate their hiring process and make smarter, faster recruitment decisions.
Rishi Patil, Head of AI Product, SEEK , said, "Our high fit signals is the next evolution in our AI matching. In SEEK, we're always looking for the next advancement in AI models and how we can deeply understand the requirements that hirers are looking for and what makes a great candidate, and the data tells us that it's working as high-fit candidates in Hong Kong are 3.8x more likely to be shortlisted than average applicants. This is really a pivotal moment for SEEK and our customers because it's a shift to an AI-powered product that allows us to focus on more relevant, more targeted matches."
Creating a Thriving Jobseeker Ecosystem for Career Growth
In today's competitive job market, staying proactive and adaptable is essential. To empower jobseekers, Jobsdb will soon launch a new online learning and community platform designed to foster professional networking, knowledge sharing, and skills development. This vibrant ecosystem will also feature curated career guidance and video learning resources to support upskilling and help jobseekers grow and succeed in their careers.
Bill Lee, Managing Director, Hong Kong, Jobsdb by SEEK, stated, "As Hong Kong's recruitment market grows more competitive, employers need efficient, targeted hiring solutions to find high-fit candidates while optimising resources. Jobsdb is evolving into Hong Kong's most comprehensive employment marketplace, offering a pay for performance model allows employers to post job ads for free and upgrade for the performance they need, enabling a smarter, results-driven hiring process. Meanwhile, Jobsdb supports jobseekers through a new learning and community platform with networking opportunities, career resources, and upskilling content. We encourage jobseekers to continue upskilling and stay informed about market trends to thrive in a dynamic job market."
About Jobsdb by SEEK
Jobsdb is the leading employment platform in Hong Kong and Thailand, helping people live more fulfilling and productive working lives and helping organisations succeed. It is a subsidiary of SEEK, a diverse group of companies comprised of a strong portfolio of online employment, educational, commercial and volunteer businesses. SEEK is listed on the Australian Securities Exchange and has a strong presence across the APAC region, including six Asian markets – Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, and Thailand – through the Jobsdb and Jobstreet brands. SEEK attracts over 500 million visits a year in Asia.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Jobsdb by SEEK Unveils Strategic Hiring Solutions to Address Market Challenges and Shape the Future of Recruitment
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Supreme Court dismisses Young Poong's final appeal, with all three court levels confirming the legality of Korea Zinc's voting rights restrictions
Final judgment clears Korea Zinc management of all allegations concerning breach of trust and violations of the Fair Trade Act
Ruling secures the stability of Korea Zinc's governance reforms and strengthens its defense against hostile takeover attempts
SEOUL, South Korea, April 3, 2026 /PRNewswire/ -- The Supreme Court of Korea has delivered a final victory to Korea Zinc (KRX:010130), dismissing the final appeal for an injunction to suspend the effectiveness of the resolutions from last year's regular general meeting of shareholders filed by Young Poong. The Supreme Court ruled on April 2 to uphold the original decision made by the Seoul High Court on June 24 last year.
This ruling re-confirms that Korea Zinc's action to restrict Young Poong's voting rights at the regular general meeting of shareholders held on March 28, 2025, was lawful. The measure was based on Article 369, Paragraph 3 of the Commercial Act, following the formation of cross-shareholdings after Korea Zinc's Australian subsidiary, Sun Metals Holdings (SMH), acquired more than 10% of Young Poong's shares. All three court levels, including the Supreme Court, have now recognized Korea Zinc's actions as lawful.
In particular, the court found the lower court's judgment to be correct in not recognizing charges such as breach of trust or violations of the Fair Trade Act by Korea Zinc's management. The court ruled as justified the lower court's determination that "it is difficult to see that Korea Zinc management committed breach of trust or violated the 'Monopoly Regulation and Fair Trade Act (Fair Trade Act)' by acquiring the creditor's shares using SMH and Sun Metal Corporation (SMC) for personal purposes during the management dispute, or that SMC violated the 'Financial Investment Services and Capital Markets Act (Capital Markets Act)' in the process of distributing the creditor's shares as a dividend in kind to SMH".
Furthermore, the Supreme Court rejected all of Young Poong's claims, including the argument that 'the term "subsidiary" in Article 369, Paragraph 3 of the Commercial Act refers only to domestic companies, and SMH is not a joint-stock company'.
According to Article 369, Paragraph 3 of the Commercial Act regarding cross-shareholdings, if a company, its parent, and subsidiary—or a subsidiary alone—holds more than one-tenth of the total issued shares of another company, the shares of the company or parent company held by that other company have no voting rights.
The Supreme Court stated, "Looking at the relevant legal principles and records, the judgment of the lower court is just, and there is no error in misunderstanding legal principles regarding the restriction of voting rights of cross-held shares and abuse of rights, or omitting judgment, which influenced the ruling".
It further specified, "The lower court interpreted 'subsidiary' in Article 369, Paragraph 3 of the Commercial Act to include SMH, a foreign company established under foreign law". The court added, "The lower court's judgment, based on the premise that the debtor's subsidiary SMH is functionally equivalent to a joint-stock company under our Commercial Act, is just and contains no legal misunderstanding".
As a result, Korea Zinc can proceed without setbacks with its governance improvements and measures to increase shareholder value, such as 'setting a cap on the number of directors (19 or fewer)' and 'appointing an outside director as chairman of the board,' which were resolved at last year's regular general meeting.
Moreover, it was confirmed once again that the decisions of Korea Zinc's management and the board to block the hostile takeover attempts by Young Poong and the private equity fund MBK Partners were measures taken within the legal framework.
Following the regular general meeting in March last year, Korea Zinc succeeded in preventing Young Poong and MBK from seizing control of the board at this year's regular general meeting, backed by recommendations for approval from various domestic and international proxy advisory firms and overwhelming support from major North American pension funds and general shareholders.
A spokesperson from Korea Zinc stated, "Korea Zinc will continue to improve governance and enhance shareholder value to increase corporate value". They added, "Based on this, we will continue to defend against hostile takeover attempt with the support of many shareholders and contribute to the national economy, security, and strengthening the U.S.-Korea alliance as a core company in the global critical minerals supply chain".
Supreme Court dismisses Young Poong's final appeal, with all three court levels confirming the legality of Korea Zinc's voting rights restrictions
Final judgment clears Korea Zinc management of all allegations concerning breach of trust and violations of the Fair Trade Act
Ruling secures the stability of Korea Zinc's governance reforms and strengthens its defense against hostile takeover attempts
SEOUL, South Korea, April 3, 2026 /PRNewswire/ -- The Supreme Court of Korea has delivered a final victory to Korea Zinc (KRX:010130), dismissing the final appeal for an injunction to suspend the effectiveness of the resolutions from last year's regular general meeting of shareholders filed by Young Poong. The Supreme Court ruled on April 2 to uphold the original decision made by the Seoul High Court on June 24 last year.
This ruling re-confirms that Korea Zinc's action to restrict Young Poong's voting rights at the regular general meeting of shareholders held on March 28, 2025, was lawful. The measure was based on Article 369, Paragraph 3 of the Commercial Act, following the formation of cross-shareholdings after Korea Zinc's Australian subsidiary, Sun Metals Holdings (SMH), acquired more than 10% of Young Poong's shares. All three court levels, including the Supreme Court, have now recognized Korea Zinc's actions as lawful.
In particular, the court found the lower court's judgment to be correct in not recognizing charges such as breach of trust or violations of the Fair Trade Act by Korea Zinc's management. The court ruled as justified the lower court's determination that "it is difficult to see that Korea Zinc management committed breach of trust or violated the 'Monopoly Regulation and Fair Trade Act (Fair Trade Act)' by acquiring the creditor's shares using SMH and Sun Metal Corporation (SMC) for personal purposes during the management dispute, or that SMC violated the 'Financial Investment Services and Capital Markets Act (Capital Markets Act)' in the process of distributing the creditor's shares as a dividend in kind to SMH".
Furthermore, the Supreme Court rejected all of Young Poong's claims, including the argument that 'the term "subsidiary" in Article 369, Paragraph 3 of the Commercial Act refers only to domestic companies, and SMH is not a joint-stock company'.
According to Article 369, Paragraph 3 of the Commercial Act regarding cross-shareholdings, if a company, its parent, and subsidiary—or a subsidiary alone—holds more than one-tenth of the total issued shares of another company, the shares of the company or parent company held by that other company have no voting rights.
The Supreme Court stated, "Looking at the relevant legal principles and records, the judgment of the lower court is just, and there is no error in misunderstanding legal principles regarding the restriction of voting rights of cross-held shares and abuse of rights, or omitting judgment, which influenced the ruling".
It further specified, "The lower court interpreted 'subsidiary' in Article 369, Paragraph 3 of the Commercial Act to include SMH, a foreign company established under foreign law". The court added, "The lower court's judgment, based on the premise that the debtor's subsidiary SMH is functionally equivalent to a joint-stock company under our Commercial Act, is just and contains no legal misunderstanding".
As a result, Korea Zinc can proceed without setbacks with its governance improvements and measures to increase shareholder value, such as 'setting a cap on the number of directors (19 or fewer)' and 'appointing an outside director as chairman of the board,' which were resolved at last year's regular general meeting.
Moreover, it was confirmed once again that the decisions of Korea Zinc's management and the board to block the hostile takeover attempts by Young Poong and the private equity fund MBK Partners were measures taken within the legal framework.
Following the regular general meeting in March last year, Korea Zinc succeeded in preventing Young Poong and MBK from seizing control of the board at this year's regular general meeting, backed by recommendations for approval from various domestic and international proxy advisory firms and overwhelming support from major North American pension funds and general shareholders.
A spokesperson from Korea Zinc stated, "Korea Zinc will continue to improve governance and enhance shareholder value to increase corporate value". They added, "Based on this, we will continue to defend against hostile takeover attempt with the support of many shareholders and contribute to the national economy, security, and strengthening the U.S.-Korea alliance as a core company in the global critical minerals supply chain".
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Korea's Supreme Court Upholds Korea Zinc's Voting Restriction, Rebuffing Young Poong's Legal Challenge
