Hong Kong Hang Seng Off 0.54% On Tech Weakness

The Hong Kong Hang Seng opened Monday lower and concluded off 0.54% ... China economic fundamentals are strong and Beijing has the tools to handle systemic risks, central bank governor Yi Gang said at a weekend International Monetary Fund gathering. ( read original story ...)

Hong Kong Approves Dual-Class Shares, Paving Way for Tech Titans

Hong Kong Exchanges & Clearing Ltd. approved the biggest change to its initial public offering rules in two decades, putting it in a position to battle New York for some of the world’s hottest companies. Technology firms that have shares with different ... ( read original story ...)

When enemies start to resemble each other

The opposition blogosphere is ablaze with anger against the police, who have decided not to prosecute Beijing-friendly lawmaker Junius Ho Kwan-yiu for supposedly calling for the merciless killing of people who advocated Hong Kong independence. The reason ... ( read original story ...)

This Hong Kong exchange overhauls its rules to lure fintechs

This story was delivered to Business Insider Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Hong Kong Exchanges and Clearing Limited (HKEX) will make changes to its listing rules to allow companies with dual ... ( read original story ...)

Bank of China embracing blockchain use in Hong Kong

Bank of China Hong Kong (BOCHK) now handles almost all its real estate appraisals via blockchain, as part of a concerted push into financial technology (fintech) and smart banking, officials revealed on Monday. The lender is processing 85 per cent of its ... ( read original story ...)

Win a business class trip to Hong Kong with Virgin Australia

Got a hankering to visit Hong Kong? Then get ready to fly there in style with Virgin Australia's award-winning business class in this exclusive Australian Business Traveller reader contest. To celebrate the July 2 launch of its new Sydney-Hong Kong route ... ( read original story ...)

Why Hong Kong Lags Behind On Technology And Innovation

However, a spokesman for Hong Kong's Innovation and Technology Bureau stated that the government is adopting a more open-minded approach towards innovations and shared economy. He also stated that: “For the government, we welcome innovative business ... ( read original story ...)

Hong Kong must embrace innovation or risk irrelevance

The rapid rise of big financial data and raw processing power promises to deliver further gains for every aspect of the industry. This has not gone unnoticed in Hong Kong. Chief Executive Carrie Lam Cheng Yuet-ngor this month reiterated at a Bloomberg ... ( read original story ...)

New Hong Kong Tech Darling Hawks IPO With Rare Valuation Metric

As Hong Kong welcomes listings from unprofitable tech companies, investors need to get used to some new valuation metrics. Ping An Good Doctor, the largest IPO in Hong Kong so far this year, is approaching potential investors with a valuation of as much as ... ( read original story ...)