Local gamers could represent Hong Kong against other international e-sports teams as early ... Taiwan’s Taipei Times and United Daily News reported that the island’s Legislative Yuan on Tuesday voted to include e-sports as an official sports category ... ( read original story ...)
One in three Chinese banks fails to create economic value, McKinsey report says
Shen Jianguang, chief economist at Mizuho Securities Asia in Hong Kong, said Chinese banks made “hefty profits ... as commercial lenders and policy tools,” he said. While the McKinsey report blamed the banks’ low profits on high levels of corporate ... ( read original story ...)
Hong Kong signs free trade and investment deals with ASEAN
Hong Kong signed free trade and investment agreements with the 10-nation Association of Southeast Asian Nations on Sunday, in what one of the Chinese territory's officials called a "loud and clear" vote against rising regional trade protectionism. ( read original story ...)
Hong Kong’s Asean deals are ‘loud and clear’ vote against rising regional trade protectionism
Hong Kong signed long-awaited free trade agreements on Sunday with the Association of Southeast Asian Nations, which means the city’s businesses will enjoy lower tariffs, less restrictions and better protection in 10 countries in the region in the years ... ( read original story ...)
Hong Kong, Southeast Asian nations sign free-trade pact
Hong Kong has signed a free-trade agreement and an investment deal with the Association of Southeast Asian Nations in pacts that it says are a vote against protectionism elsewhere. ASEAN officials say the free-trade agreement they signed with Hong Kong on ... ( read original story ...)
Hong Kong soccer fans defy China anthem law
HONG KONG (Reuters) - Several hundred football fans in Hong Kong defied a Chinese law against disrespecting the national anthem, by jeering it at a friendly international against Bahrain on Thursday. At the Mong Kok stadium, a small segment of the crowd ... ( read original story ...)
Thousands of Filipino domestic helpers to see arrival in Hong Kong halted over recruitment concerns
Lam emphasised that the move did not target Hong Kong, but was aimed at other parts of the world. Local employment agencies expressed surprise over the news. Liu Tsui-lan, managing director of the local agency Technic Employment Service Centre, estimated ... ( read original story ...)
Four arrested as Hong Kong police smash crack cocaine lab in largest seizure of raw drug materials in 10 years
Hong Kong police have broken up a crack cocaine factory at a luxury flat in Yuen Long, seizing the largest haul of raw drug materials in 10 years and arresting four men, one of them Peruvian. The ingredients – thought to have been flown into the city ... ( read original story ...)
Hong Kong consumers warm to online shopping, with a little help from Alibaba’s Singles’ Day
E-commerce has been slow to catch on in Hong Kong compared to other developed Asian markets such as South Korea and Taiwan, but Alibaba Group’s giant Singles’ Day online shopping event is helping change that mindset. Surveys show that Hong Kong ... ( read original story ...)
China opens finance industry to foreign firms, but is it too late for Hong Kong players?
China’s decision to remove foreign ownership restrictions on financial firms within five years has been welcomed by Hong Kong’s government, but many in the local financial industry believe the change will has come too late to be of much benefit to the ... ( read original story ...)
Elderly in Hong Kong encouraged to volunteer, in return for care later, in ‘time bank’ projects
The Hong Kong government is happy to help non-government organisations that come up with “time bank” projects to inspire more elderly people to volunteer, the city’s labour chief revealed on Saturday. Secretary for Labour and Welfare Law Chi-kwong ... ( read original story ...)
Winners of Canon PhotoMarathon Hong Kong 2017 announced
HONG KONG, CHINA–(Marketwired – Nov 11, 2017) – Canon Hongkong Company Limited (Canon Hongkong) (TSE: 7751) (NYSE: CAJ) today honoring winners of Canon PhotoMarathon (CPM) Hong Kong 2017 for their outstanding shots of the city during the competition ... ( read original story ...)
Hong Kong’s business confidence remains sluggish amid vibrant tech start-up activity
While Hong Kong’s start-up revolution continues to surge because of increased activity in the financial technology field and the spark provided by young billion-dollar companies, a new study has found that overall business confidence in the city is down ... ( read original story ...)
Would you buy your children a flat in Hong Kong? Seven out of 10 parents in the city say they would
About half of those queuing up were first-time buyers receiving help from their parents, according to Louis Chan, Asia-Pacific vice-chairman and managing director for residential sales at Hong Kong property agent Centaline. HKMA figures highlighting the ... ( read original story ...)