This has prompted him to set up a stationery bank to collect and distribute writing tools for underprivileged children in Hong Kong. “A pencil can have a certain effect on a child’s life,” the 52-year-old founder of Bank of Stationery said. ( read original story ...)
China says part of Hong Kong rail station to be subject to mainland laws
BEIJING/HONG KONG (Reuters) - China's parliament on Wednesday said part of a Hong Kong high-speed railway station being built in the city center would be regarded as Chinese territory, an unprecedented move that critics say further erodes the financial hub ... ( read original story ...)
Mainland bourses behind Asia’s lead in global IPO boom
Lacking blockbuster deals like the Postal Savings Bank of China last year, Hong Kong slipped from being the world's top listing destination for the last two years to second in Asia, and fourth globally in 2017. Although the city continued to see its IPO ... ( read original story ...)
Hong Kong stocks poised to reopen higher after Christmas holiday
Hong Kong’s index futures advanced on Wednesday morning, suggesting shares are likely to open higher after a two-day closure for holidays. December futures contracts on the Hang Seng Index rose 0.2 per cent, or 54 points, to 29,661 before the spot market ... ( read original story ...)
Hong Kong M&A deals up by almost half in 2017 as mainland firms buy into property, insurance sector
Mergers and acquisitions activity in Hong Kong is up by almost a half this year ... A prime example was AIA buying Commonwealth Bank of Australia’s life insurance business in Australia and New Zealand for US$3.05 billion. By sector, real estate remained ... ( read original story ...)
It’s many happy returns of the festive season for Hong Kong retailers, but can the good times last?
With glittering lights, Christmas tree displays and discounts advertised on storefronts, Hong Kong’s malls were abuzz with tourists and local families this past weekend. At the upmarket Pacific Place on Christmas Eve, diners indulged in hearty meals ... ( read original story ...)
Number of elderly organ donors on the rise in Hong Kong after lifting of age limit
More elderly organ donors have contributed to saving the lives of others, with Hong Kong recording an increase in the number of such people aged 70 or above this year following the removal of an age limit in public hospitals. As of end November ... ( read original story ...)
Cybercrimes and scams will be two big challenges for Hong Kong police, outgoing veteran says
Cybercrimes and deception would be major challenges faced by Hong Kong’s police in the next decade, an outgoing veteran crime buster has said amid increasing cases of both types of offences. Over the past decade, reports of technology crimes have jumped ... ( read original story ...)
An Introduction to McKinsey Greater China
In the past 30 years since we established our first office in the region in Hong Kong, we have completed over 2,500 client engagements across more than 15 different industries. McKinsey is a global management consulting firm in Greater China. Today we ... ( read original story ...)
Why McKinsey Greater China
To learn more about how to apply to McKinsey, please visit our firm careers site here To ensure your application gets to us here in Greater China, please indicate your preference for one of our four locations: Beijing, Hong Kong, Shanghai, or Taipei. ( read original story ...)
Hong Kong police arrest business owner after sign falls injuring three people in Yau Ma Tei
The owner of a game centre in Yau Ma Tei was arrested on Monday after the sign to her shop fell from the building, sending three to men to hospital. Police were alerted at about 1pm after the sign – measuring three metres wide and half a metre tall ... ( read original story ...)
‘Sleepless nights’ for Hong Kong finance chief over economic prospects for young generation
Hong Kong’s young people are unhappy despite economic growth, mainly due to sky-high property prices and rents, Financial Secretary Paul Chan Mo-po said on Sunday. In an article posted on his blog on Christmas Eve, Chan said ever-increasing rents and ... ( read original story ...)
Canada can learn from Hong Kong’s tax system, commerce chamber chief says
The new chairman of the Canadian Chamber of Commerce in Hong Kong has said his country can learn from the city’s economic system and adopt it, increasing competitiveness, economic growth and tax revenue for Canada’s government. Todd Handcock was ... ( read original story ...)
Does Hong Kong have a housing crisis? The answer depends on whether you own a flat
Hong Kong has the dubious distinction of being the world’s most expensive real estate market, a title it has retained for the past seven years. In 2017, there was no shortage of warnings of a property bubble, complaints of how homes were seriously ... ( read original story ...)