There are good reasons for Hong Kong to feel confident about the stability of its financial system with the linked exchange rate mechanism backed by a prudent fiscal policy and more than ample reserves. But financial stability can be disrupted by upheavals ... ( read original story ...)
Tiny Hong Kong homes fuel storage boom
People often complain about Hong Kong’s notoriously tiny apartments, but for investors like Blackstone Group LP, opportunity can be found in small places. Welcome to the world of self storage. The majority of Hong Kong’s 7.4 million residents live in ... ( read original story ...)
Cheung Kong Property plans name change to better reflect strategy
HONG KONG (Reuters) - Cheung Kong Property Holdings Limited (1113.HK), owned by Hong Kong's richest man Li Ka-shing, said it plans to change its name to CK Asset Holdings Limited, to better reflect the company's strategy also in infrastructure investment ... ( read original story ...)
My Experience of Launching and Running a FinTech Startup in Hong Kong
Since leaving investment banking six years ago, I set up and invested in a number of businesses, and was always frustrated by the lack of fundraising options available to SMEs. Banks would say they have SME lending schemes but usually wouldn’t even ... ( read original story ...)
Banks of Communications to invest $1 billion in new Hong Kong unit
HONG KONG (Reuters) - Bank of Communications (3328.HK) (601328.SS) said it plans to invest HK$7.9 billion ($1.01 billion) to set up a wholly-owned subsidiary in Hong Kong, which will focus on the retail and private banking business. The bank said in a ... ( read original story ...)
Former Hong Kong auditor seeks to revive dying art with start-up in photo printing
In a digital era when you can easily store and delete pictures by just pressing a few buttons on your computer, smartphone or digital camera, a photography enthusiasthas opted for a rather old-fashioned method of documenting his life, and those of others. ( read original story ...)
Hong Kong court disqualifies pro-democracy lawmakers
The BBC's Hong Kong correspondent Juliana Liu said the crowd waiting outside the court went silent after news emerged the four had been disqualified. Some members of the public cried and embraced each other in response to the ruling. The court's move comes ... ( read original story ...)
Gary Vaynerchuk Ignites Hong Kong To Make RISE 2017 The Biggest Yet
This is the third year that the RISE conference has been in Hong Kong and I can say with confidence that it is now the largest and most exciting startup conference in Asia. RISE is produced by the same team behind Web Summit (Paddy Cosgrave and co.) and ... ( read original story ...)
At Hong Kong tech conference, former Juventus, Chelsea and Italy legend Gianluca Vialli is just another guy with a start-up pitch
There’s surely not many places that Gianluca Vialli can go without being accosted by fans. He won almost every trophy there is to win as a football star with Sampdoria, Juventus and Chelsea. But at the Rise tech conference in Hong Kong, he’s just one ... ( read original story ...)
Deutsche Bank Closes 16 ETFs in Hong Kong After Demand Slump
Deutsche Bank AG’s asset-management unit is closing 16 exchange-traded funds in Hong Kong, following BlackRock Inc. in de-listing ETFs with low demand. The 16 Deutsche Bank X-trackers ETFs ceased trading on Wednesday, according to a Hong Kong exchange ... ( read original story ...)
Startups, investors meet for talks about Asia’s new economy
HONG KONG - Around 14,000 startup founders, investors and media figures from about 90 countries gathered at the RISE 2017 event in Hong Kong on Tuesday to discuss ways to build Asia's "new economy" with new technologies. Being held in Hong Kong for the ... ( read original story ...)
Hong Kong court expels four opposition lawmakers
HONG KONG (Reuters) - Hong Kong's high court on Friday removed four opposition lawmakers from the city's legislative assembly after it invalidated their oaths of office. A former British colony, Hong Kong became a Chinese territory 20 years ago under a ... ( read original story ...)
Exclusive: Hong Kong leader offers condolences to wife of Chinese dissident Liu
HONG KONG (Reuters) - Hong Kong Chief Executive Carrie Lam said on Friday she shares the compassion of people over the death of Chinese dissident Liu Xiaobo and acknowledged "anxieties" about "incidents" in the former British colony that can potentially ... ( read original story ...)
Hong Kong Chief Executive Carrie Lam warned she must act quickly to rein in soaring property prices
Property analysts have called on Chief Executive Carrie Lam to treat Hong Kong’s runaway property prices as the new administration’s top priority, adding that realistic steps must be taken to release supply of land. Record property prices have driven ... ( read original story ...)