Hong Kong Exchanges and Clearing Limited and The Stock Exchange ... The Board has been actively exploring other business opportunities in order to diversify the existing business of the Group and to explore new markets with growth potentials. ( read original story ...)
London property: Buyers from China and Hong Kong continue to acquire assets despite Brexit
The Chinese investments are said to be prompted by the decline in the Renminbi and fears of greater capital controlsiStock It seems buyers from China and Hong Kong are unaffected by the uncertainty caused by the UK's decision to leave the European Union as ... ( read original story ...)
Hong Kong's K Wah wins residential site for $757 mln
A unit of K Wah, Century Basis Ltd, beat 15 mainland and Hong Kong developers, including China Overseas Land, Vanke Property, China Resources Land, Sun Hung Kai Properties, New World, and Cheung Kong, to clinch the deal, the government said in a statement. ( read original story ...)
Property, sex, nudity and the MTR – the top 10 stories you liked most in 2016, and our own top 10 favourites
There’s food, bare bums, murder and property speculation on both lists, as well as some of those simple stories that remind us of Hong Kong’s true colours. When Hong Kong’s mass transit railway lines were being built, it was decided the stations ... ( read original story ...)
Hong Kong Financial Watchdog Bans an Ex-HSBC Broking Forex Trader for Life
Hong Kong’s Securities and Futures Commission (SFC) announced today that it has banned Mr Lam Yuk Wai, from re-entering the financial industry for a lifetime over his dishonesty and the harm he has done to clients. He is a former staff member of HSBC ... ( read original story ...)
Blackouts – the answer's in the tank
Hong Kong startup Ampd Energy has launched an energy storage system called Ampd Silo uses that can store electricity when power is available and use it when there's an outage. The company's system aims to function by connecting with the power grid ... ( read original story ...)
Sequoia Capital's Neil Shen knows how to pick a winner
Among the new tenants in one nondescript industrial building is Hong Kong X-Tech Startup Platform, which Shen created earlier in 2016 to kick-start innovation in the city, partnering with a group of Hong Kong-based professors and the heads of its top three ... ( read original story ...)
With fresh funding, Grain wants to be the next McDonald’s, but healthier
The startup will also explore new markets outside of Singapore in 2017, starting with Hong Kong. It originally intended to expand by the end of 2016, but setting up its new facilities and streamlining its processes put those plans temporarily on hold. ( read original story ...)
The Startup Bringing Insurance To Myanmar
“It’s easier to imagine the benefit insurance will bring to a place like Myanmar, or Cambodia, or the Philippines by thinking about what happens if you remove it from a place like Hong Kong or Singapore,” Mathews said. “The first thing is, families ... ( read original story ...)
Emerging digital solutions to an ‘age-old’ challenge
China in particular is ripe for a revolution in this field, with a poll revealing 20 percent of Chinese used a fitness monitor of some sort.[2] For healthtech startups, Hong Kong is as good as it gets as a launchpad into the Mainland market. ( read original story ...)
Linklaters Advised on New Stock Trading Program in Hong Kong and China
Linklaters served as adviser to the Hong Kong Exchanges and Clearing Ltd. on its long ... The Shenzhen bourse also consists of a startup board and a small-and-medium-sized enterprise board where technology companies and software developers tend to list. ( read original story ...)
‘Fintech’ buzzword draws buyers as 10b yuan fund-of-funds launched
Led by Hong Kong-listed fintech firm Credit China FinTech Holdings ... The FOF could also invest in startups directly. Xie Sha, a managing partner of the FOF, said the first two billion yuan could be raised very soon. “Despite the venture capital ... ( read original story ...)
Hong Kong stocks lose ground, while Shanghai’s index bolstered by coal miners
Hong Kong’s stock market edged lower amid light turnover after US benchmarks retreated in overnight trade, while Shanghai stocks stuck a more positive note, rebounding above the 3,100 threshold. The Hang Seng Index closed the morning session at 21,733.26 ... ( read original story ...)
HSBC Retirement Monitor helps bridge Hong Kong’s protection gap
Hong Kong’s mortality protection gap is now more than $500bn, according to reinsurer Swiss Re. How can this gap be closed? The issue isn’t just life cover, explains HSBC Insurance’s Candy Yuen. It’s also about coverage for critical illness, and ... ( read original story ...)