Hmlet, a co-living rental startup based out of Singapore has recently announced that it has agreed to acquire its Hong Kong competitor 'we r urban.' The deal marks Hmlet’s expansion into the Hong Kong ... ( read original story ...)
Keep forgetting your password? So does former finance chief John Tsang, and that’s why he’s backing this fintech start-up
But I believe in fintech and the commercial power of the mobile phone, because now over 80 per cent of people in Hong Kong have a mobile phone,” said Tsang, who recently invested in and was made chair... ( read original story ...)
Announcing the 11 companies of #propUP Techstars Startup Program powered by MTR!
We are excited to announce the eleven companies that will be joining #propUP Techstars Startup Program powered by MTR in Hong Kong. In less than three months, we have 132 promising companies all over ... ( read original story ...)
Eight Startups Selected for Accenture’s 2018 FinTech Innovation Lab Asia-Pacific After Record Number of Applications
Cyberport, which is one of the founding organizations of the FinTech Innovation Lab Asia-Pacific, will provide workspace to participating start-ups. It houses the largest fintech community in Hong Kon... ( read original story ...)
Beigene goes big, files for $1B IPO on HKEX; others look to follow
HONG KONG – Chinese biopharmaceutical firm Beigene Ltd. filed with the Hong Kong Stock Exchange (HKEX) for a monster IPO that could raise more than $1 billion. It is the second biotech firm to seek an ... ( read original story ...)
What’s driving Hong Kong finance staff to quit
New independent research commissioned by specialised recruiter Robert Half reveals an increase in staff turnover in Hong Kong in the past three years. According to the research, which surveyed 150 Hon... ( read original story ...)
Capital controls? No problem for Tencent-backed Futu, the overseas trading app for Chinese investors
In its more established market of Hong Kong, daily trade on the Futu app now accounted for ... many rich people had already parked a considerable proportion of their wealth overseas. A McKinsey report ... ( read original story ...)
Melbourne-Hong Kong business class: Cathay Pacific vs Qantas vs Virgin
Receive 75,000 bonus Qantas Points and $200 back to your new ANZ Frequent Flyer Black credit card when you make one eligible purchase in the first 3 months. Eligibility criteria, T&Cs, fees and charge... ( read original story ...)
China says still committed to Hong Kong semi-autonomy
"Hong Kong affairs are the domestic affairs of China. We do not welcome nor do we accept other countries to interfere in China's domestic affairs," Wang said at a joint news conference. "But of course ... ( read original story ...)
HSBC appoints Surendra Rosha to take over from ailing CEO Jayant Rikhye
The Hongkong and Shanghai Banking Corporation today announced the appointment of Surendra Rosha as Chief Executive Officer for HSBC India, subject to regulatory approvals. Rosha, currently HSBC's Head ... ( read original story ...)
HSBC appoints Surendra Rosha as India CEO
New Delhi: The Hongkong and Shanghai Banking Corporation today announced the appointment of Surendra Rosha as Chief Executive Officer for HSBC India, subject to regulatory approvals. Rosha, currently ... ( read original story ...)
Hong Kong Monetary Authority Reveals Life Annuity Scheme
HKMC Annuity Limited (HKMCA), wholly-owned by The Hong Kong Mortgage Corporation Limited (HKMC), launched the HKMC Annuity Plan in early July. According to the HKMA, HKMCA is prepared to double the fi... ( read original story ...)
Senior China diplomat says does not welcome interference on Hong Kong
BEIJING (Reuters) - Senior Chinese diplomat Wang Yi said on Monday affairs of Hong Kong are domestic affairs of China, adding Beijing does not welcome outside interference on the matter. Wang, speakin... ( read original story ...)
Hong Kong could become biotech listing hub, says BeiGene boss as Chinese drug maker gears up for US$1 billion flotation
Hong Kong’s stock exchange could become a hub for mainland Chinese biotechnology firms thanks to a sweeping reform of listing rules, said the boss of BeiGene, the first such company to take advantage ... ( read original story ...)