Skyrocketing rental prices in Hong Kong have seen more people living in 'coffin homes' measuring just 1.9 square metres in size as that is all people can afford there. The likes of Wong Ziwa lives in one of these tiny low-ceiling abodes that he calls home. ( read original story ...)
Hong Kong: The worst place in the world for a startup to open a bank account?
Over the past 12 months, in our efforts to open a business bank account, our Hong Kong startup was rejected by no less than four banks. Our crime? We were told our business was “too young” for a bank account, which is curious since startups tend to be ... ( read original story ...)
Year of the Rooster promises financial gain, but beware of market volatility
Wong said this year would be good for the financial sector, including gold, forex trading and stocks, with the Hang Seng Index expected to trade between the 20,000 to 25,000 level. The Year of the Monkey was a good year for the Hong Kong stock market ... ( read original story ...)
Hong Kong needs dozens more foreign doctors, health minister says
Hong Kong’s health minister says the public hospital authority should recruit dozens more doctors from overseas and give them longer contracts to relieve a manpower shortage. Dr Ko Wing-man said there was a shortage of between 200 and 300 medical staff ... ( read original story ...)
Hong Kong police seize four cars in street racing crackdown
The four cars where found travelling with speeds of up to 100km/h along Wong Chuk Hang Road and Nam Fung Road. Officers at the Hong Kong Island traffic branch’s enforcement and control division task force gave chase in unmarked vehicles while road ... ( read original story ...)
Kirins fail to make HK final
Thai League champions SCG Muang Thong United failed to reach the final of the Lunar New Year Cup, going down to top Hong Kong club Kitchee FC 5-4 in a penalty shoot-out after a 1-1 draw in normal time. The tournament is being held in Hong Kong to celebrate ... ( read original story ...)
Hong Kong New Year’s Horse Racing
Beauty Only’s storming stretch run to win last month’s G1 LONGINES Hong Kong Mile might have announced the gelding on the world stage but jockey Zac Purton is under no illusions as to which horse remains the Hong Kong Mile division’s big daddy ... ( read original story ...)
Hong Kong Set for Lunar New Year
HONG KONG – TRAVEL – Hong Kong is set to be bathed in colour and light as the Lunar New Year celebrations 2017 promise to be the territory’s biggest and most spectacular ever. Themed “Best Fortune. World Party”, the 2017 Cathay Pacific ... ( read original story ...)
What Might Happen in China in 2017?
Gordon is formerly a senior partner with McKinsey and is now a senior advisor to the firm. Joe is Managing Partner of McKinsey’s Hong Kong office. Nick is Managing Partner of McKinsey’s Greater China Practice. ( read original story ...)
Engaging customers: The evolution of Asia–Pacific digital banking
a McKinsey Solution, and examined digital consumer-banking data collected between July 2015 and July 2016 from 41 banks. This article focuses on our findings from Australia and New Zealand, Hong Kong, Malaysia, Singapore, and Taiwan, examining consumer ... ( read original story ...)
What you need to know about Morgan Stanley’s new MDs in Singapore and Hong Kong
She began her career in 2004 as an analyst at McKinsey. She then worked at Macquarie from 2006 ... Hufton joined Morgan Stanley’s transport team in London in 2006 and relocated to Hong Kong in 2013, reaching ED rank. Originally from Australia, Hufton ... ( read original story ...)
How can you capitalise on the Chinese market?
BoF / McKinsey identifies 10 emerging patterns ... Thanks to its high tourism volumes and the broad variety of retail opportunities, Hong Kong is a burgeoning, competitive marketplace and only a short hop from Australia. One of the biggest and best ... ( read original story ...)
Why Congress Should Privatize the Washington DC Metro
Hong Kong privatized its subway system in 2000. In a recent study on infrastructure, McKinsey reported: Hong Kong’s MTR Corporation has defied the odds and delivered significant financial and social benefits: excellent transit, new and vibrant ... ( read original story ...)
Will Chinese Giant Tencent Survive the Battle of Content?
Its service has recently expanded to India, and is already a hit in Hong Kong, Thailand, Malaysia, and Indonesia. According to a recent report by research firm McKinsey, the Asian streaming music market is growing rapidly. Already in 2014, streaming ... ( read original story ...)