Kwok dropped out of his studies in Chicago to pursue his idea for Handy in Hong Kong, his hometown. He founded a startup, Tink Labs, that year. Kwok secured initial funding for his cell-phone idea fro... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) shares fell on Friday morning
Hong Kong shares fell on Friday morning as a broadly strong week drew to an end, with traders given a negative lead from Wall Street while US-China trade talks ended with no breakthrough. The Hang Sen... ( read original story ...)
Week In Review: 3 More China Biopharmas Planning Hong Kong IPOs
Mabpharm Limited, a Taizhou biotech, will IPO in Hong Kong, the eleventh pre-revenue China biopharma to be approved to list there. Mabpharm is developing a portfolio of nine biosimilars, which it hope... ( read original story ...)
Fraudsters used ‘thousands’ of Hong Kong bank accounts to launder HK$4 billion in one year
Thousands of Hong Kong bank accounts have been used to collect and launder about HK$4 billion (US$500 million) by local and international fraudsters in the past year, since the city’s anti-fraud squad ... ( read original story ...)
Cosmos Bank: Rs 13.5 cr transferred to Macau in malware attack, says probe
“There were two types of fraudulent transactions carried out: One where cloned debit cards were used to withdraw Rs 80.5 crore, and the other in which a SWIFT transfer of Rs 13.5 crore was made from t... ( read original story ...)
Big business in Hong Kong must not be allowed to profit at the expense of poor people’s health
I refer to the article on how prices of everyday necessities in Tin Shui Wai, one of Hong Kong’s poorest districts, were found to be 20 per cent higher than in downtown Wan Chai (“Hong Kong’s poor for... ( read original story ...)
Mega Expo ‘In Style, Hong Kong’ Underway in Ho Chi Minh City
The two-day Hong Kong Trade Development Council's event opens 20th September engaging Hong Kong and Vietnamese business leaders to spotlight Hong Kong's world-class professional services and branded p... ( read original story ...)
Hong Kong intervenes again to defend peg as US dollar advances
HONG KONG: Hong Kong intervened again to defend its currency peg as the greenback rallied after US-China trade talks yielded no progress. The Hong Kong Monetary Authority (HKMA) bought HK$1.77bil (US$... ( read original story ...)
Hong Kong must highlight its judicial independence to assure international community, former justice minister Rimsky Yuen says
Hong Kong was guaranteed a high degree of autonomy as part of the handover to China in 1997. Speaking at a business summit, Yuen said he heard people from the United States and Singapore telling other... ( read original story ...)
Amid the joy of motherhood: the forgotten Hong Kong women left behind by crushing depression
About one in 10 new mums in Hong Kong struggle with the condition, and the prevalence rate worldwide is between 13 and 19 per cent, according to the city’s Centre for Health Protection. But the local ... ( read original story ...)
How the Hong Kong Jockey Club exaggerates its charity
But a Financial Times analysis shows the club exaggerates its ... The annual donations — defined by Hong Kong law as payments made, not just pledged — were just HK$2bn, according to the annual report ... ( read original story ...)
Hong Kong and Shanghai leaders pledge to deepen cities’ ties and drive China growth amid US trade war
“Hong Kong is more internationalised [than Shanghai], and draws tech companies from around the world as it protects intellectual property rights very well,” Yao said, adding that companies would also ... ( read original story ...)
Hong Kong Monetary Authority spends HK$1.77 billion to defend currency
Hong Kong’s de facto central bank again intervened in the currency market to defend the city’s currency, this time buying HK$1.77 billion while selling US$225 million during New York trading hours on ... ( read original story ...)
Hong Kong doctor killed his family using a yoga ball filled with toxic gas, prosecutors say
Khaw, who is charged with two counts of murder, pleaded not guilty, according to BBC News. Prosecutors said that Khaw, a professor at the Chinese University of Hong Kong, had been cheating on his wife ... ( read original story ...)