Former Hong Kong financial secretary John Tsang Chun-wah announced plans to set up a fund to help aspiring entrepreneurs in the city on Monday. Revealing the idea in a Facebook interview with Citibank, Tsang said he hoped to use his network of contacts to ... ( read original story ...)
Investors urged to play a stronger role in developing Hong Kong start-ups
The “Greater Bay Area” economic development project will boost Hong Kong’s start-up ecosystem, although investors need to play a stronger role and take more risks, experts at a major business event in the city heard on Tuesday. The audience at South ... ( read original story ...)
Hong Kong MTR fares set to rise by 3.14 per cent
Hong Kong’s profitmaking railway operator is set to raise ticket prices by 3.14 per cent this summer, prompting renewed calls for an overhaul of its controversial fare adjustment mechanism. With government data paving the way for the MTR Corporation to ... ( read original story ...)
Satirical magazine publisher Most Kwai Chung makes Hong Kong IPO history with retail offer oversubscribed 6,000 times
Most Kwai Chung, which runs popular Hong Kong satirical magazine 100Most and a digital media site tapping into local youth culture, has made history in the city with retail investors seeking more than 6,000 times the number of shares in its initial public ... ( read original story ...)
Citigroup names new APAC head of corporate, investment banking – memo
HONG KONG (Reuters) - Citigroup Inc (C.N) has named its global co-head for technology investment banking, Jan Metzger, as its new Asia Pacific head of corporate and investment banking (CIB), according to an internal memo seen by Reuters on Tuesday. ( read original story ...)
Hong Kong’s skyline farms harvest more happiness than food
HONG KONG (AP) — High above downtown Hong Kong's bustling, traffic-clogged streets, a group of office workers was toiling away not on a corporate acquisition or a public share offering but on harvesting a bumper crop of lettuce atop one of the ... ( read original story ...)
Hongkong Land Holdings Limited’s Stock Is Trading Near A 52-Week Low: Does The Company Have A Quality Business?
Hongkong Land Holdings Limited (SGX: H78) is a real estate investor and developer. Its main business involves an investment portfolio of prime commercial properties that are located in the Central area of Hong Kong. At the current price of US$6.89 ... ( read original story ...)
Hong Kong Shares May Add To Monday’s Gains
BOC Hong Kong shed 0.38 percent, China Mobile lost 0.35 percent, Lenovo Group picked up 0.24 percent, Hong Kong & China Gas eased 0.12 percent and Power Assets Holdings, CITIC and Hang Lung Properties were unchanged. The lead from Wall Street is broadly ... ( read original story ...)
HSBC Insurance targets a third of new premium income from online sales by end of next year
HSBC Insurance, Hong Kong’s third largest insurer by gross premiums, plans to sell more products via digital channels in coming years and is now targeting a third of its new business to be delivered online by the end of next year. “When we first sold ... ( read original story ...)
Hong Kong claws back losses as US-China trade war fears ease
Hong Kong stocks clawed back earlier lost ground in a technical ... Still, it said Tencent’s investments in its mobile payments business and online video content will support the company’s long term growth. Smartphone lens maker Sunny Optical ... ( read original story ...)
In Hong Kong, a property heiress becomes accidental LGBT champion
HONG KONG (Thomson Reuters Foundation) - When Hong Kong property tycoon Cecil Chao offered $65 million to any man who could win over his lesbian daughter and make her straight, he inadvertently laid the ground for her to become one of Asia’s most ... ( read original story ...)
Fosun International and HSBC Sign Strategic Cooperation Agreement
and The Hongkong and Shanghai Banking Corporation Limited ("HSBC") today signed a strategic cooperation agreement ("the Agreement"), providing strong support for the future growth strategy of Fosun International and its subsidiaries ("Fosun"). Wang Qunbin ... ( read original story ...)
This year’s Hong Kong Sevens looms as the worst in decades but no one cares about the rugby, right?
The fans, their costumes and the party atmosphere that comes with them will be in full force at next month’s Cathay Pacific/HSBC Hong Kong Sevens, but the world’s best players will not. It doesn’t take a rocket scientist to work out scheduling the ... ( read original story ...)
How prestigious California university Berkeley put Hong Kong Sevens hopeful on track for his ‘everything’
The United States are running rampant on the Sevens World Series and Russ Webb hopes his five years in American rugby heartland has laid the foundation for his Cathay Pacific/HSBC Hong Kong Sevens debut. The 24-year-old returned to Hong Kong in 2017 after ... ( read original story ...)