Zunzi’s Hong Kong: Leading Political Cartoonist Looks Back

“I would consider my cartoon as photography or news reporting,” said Zunzi. “It’s an exaggerated way of documenting what is happening in Hong Kong society. It might not be 100 percent factual; rather, a creative way of expressing the collective ... ( read original story ...)

Microsoft, Baidu to collaborate on autonomous driving

Up to 15 per cent of new cars sold in 2030 will be fully autonomous, according to global consultancy McKinsey. That will help fuel the need for an ecosystem of partners to collaborate in support of a common goal like what Apollo aims to do. Apollo is ... ( read original story ...)

China slashes prices of patented western drugs by up to 70%

Franck Le Deu, a healthcare partner at McKinsey in Hong Kong, said expanded state reimbursement could mean “broader access for Chinese patients, and potential revenue upside for the companies promoting those drugs”, with the impact differing ... ( read original story ...)

Golden Pin Design Award 2017

(Source: McKinsey Global Institute ... designer Harry Williamson (Australia); design consultant Tommy Li and industrial designer Vivian Cheng (Hong Kong); graphic designer Bi Xuefeng (China); and Shikuan Chen, head of design at Compal Electronics (Taiwan). ( read original story ...)

SOEs post 18.6% profits in first half of year, official says

Co made a conditional offer on Sunday to all shareholders of Hong Kong-based Orient Overseas (International), Ltd to acquire all issued shares in cash. Under the $6.3 billion deal, COSCO Shipping Holdings would operate more than 400 vessels over an ... ( read original story ...)

Foreign carmakers lobby China to reconsider EV quota policies

SEE ALSO: Hong Kong: Tesla sales take a hit following tax incentive cut According to management consultants McKinsey & Co., 43 percent of the 870,000 electric cars produced in 2016 came from China. Germany and the United States accounted for 23 percent ... ( read original story ...)

Jack Ma’s shadow looms large for southeast Asia’s banks

The transition to digital offerings will put pressure on other lucrative areas for banks, like cross-border transactions, said James Lloyd, a Hong Kong-based fintech specialist ... a senior advisor at McKinsey & Co. As customers switch to mobile payments ... ( read original story ...)

Hong Kong Dollar (HK$) Financial Crisis Within Next Three Years

Hong Kong and mainland China are the most vulnerable economies at risk of a financial crisis over the next three years as over 40 out of 60 economic indicators are sending alarm signals, including runaway property prices and soaring levels of private debt. ( read original story ...)