A month after China shut down all of its ivory markets on the mainland, Hong Kong has implemented a plan to phase out its own ivory trade over the next three years. Ivory seized in London after it was smuggled from Nigeria to importers in Hong Kong and China. ( read original story ...)
Will the introduction of dual-class shares in Hong Kong boost Chinese tech shares listed in US?
Tobias Bland said that thanks to the impending launch of the weighted voting right governance structure by Hong Kong Exchanges and Clearing, he expected several Chinese technology “marquee players” – smartphone giant Xiaomi as well as leading fintech ... ( read original story ...)
Hong Kong health bosses to unleash big data on medical records
Health officers in Hong Kong have started work on a big data platform which will eventually allow researchers to analyse anonymised medical records. Scholars have said they hoped the platform would mean easier access to information without creating extra ... ( read original story ...)
“I quit consulting for Hong Kong investment banking. I made the right choice”
I ditched my successful consulting career to become a junior analyst at an investment bank in Hong Kong. Here’s why I don’t regret it. https://news.efinancialcareers.com/hk-en/305691/chinese-vs-western-banks/ By 2016 I’d clocked up about three years ... ( read original story ...)
Tesla to reduce Hong Kong operations if city refuses to promote electric cars
US electric car maker Tesla is prepared to reduce its Hong Kong operations if the government fails to give residents incentives to buy battery-powered cars in its upcoming budget, a source close to the company told the Post. The source said Tesla ... ( read original story ...)
Hong Kong finance minister throws support behind reclamation and new towns to ease housing shortage
Hong Kong finance minister Paul Chan Mo-po has called on the public to take “a pragmatic and understanding attitude” towards reclamation and the development of new towns, which he said were key to easing the city’s land shortage. Chan voiced support ... ( read original story ...)
Tesla ready to put brakes on Hong Kong business if city refuses to promote use of electric cars
American electric car maker Tesla is prepared to downsize its operations in Hong Kong if the government does not give residents incentives to buy battery-powered cars in its upcoming budget announcement, a source close to the company told the Post. ( read original story ...)
Hong Kong’s accounting guild enters the technology era with the use of new digital training tools
These are the new skill sets the accountants would need Eric Tong, HKICPA The HKICPA has been the regulator and industry body for all accountants in Hong Kong since its establishment in 1973, but it is losing power to the government-appointed Financial ... ( read original story ...)
Hong Kong must raise the value it places on water to tackle runaway consumption, Dutch envoy says
For Hong Kong, one of the world’s most intense users, it will require maintaining the quality of water coming out of taps, accounting for leakages in the supply system and investing in more sustainable ways of capturing and reusing water while reducing ... ( read original story ...)
Carrie Lam has squandered her good start as Hong Kong chief executive with recent missteps
It has been reported that Huang Lanfa, a deputy director of the central government’s liaison office in Hong Kong, has praised Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor for having got off to a good start since taking office. Well, technically ... ( read original story ...)
Hong Kong nurses pushed to breaking point as city tackles winter flu season, union chief says
In a Hong Kong public hospital ward, overflowing with flu patients from the intensive care unit, nurses are unable to finish their daily work even if they “skip eating, resting, or going to the toilet”. This was the situation faced by a local nurse who ... ( read original story ...)
Property in Indonesia: Astra & Hongkong Land to Launch New Project
Astra International, one of Indonesia's largest diversified conglomerates, announced it will develop a luxurious residential apartment complex, called Arumaya, in South Jakarta in cooperation with Hongkong Land, a Hong Kong-based multinational property ... ( read original story ...)
Hong Kong stocks fall on Friday, posting the biggest weekly loss in two months
Hong Kong stocks posted their biggest weekly loss in two months on Friday, closing lower than the previous session. Mainland stocks rose for the first time this week, but still logged their steepest drop since December 2016. The benchmark Hang Seng Index ... ( read original story ...)
China ‘still needs Hong Kong in its development’, says No 3 leader Zhang Dejiang
Hong Kong would continue to play a crucial role as China opens up economically, the country’s No 3 official said on Saturday, stressing that the central government would never forget the city’s “historic contribution” to the nation’s development. ( read original story ...)