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Month: November 2018

Posted on 01/11/2018

Showcasing Startup Ecosystems of Hong Kong and India

*Depart Island Shangri La-Hotel by Private Bus at 9:30 /Depart HKSTP at 15:30 for Island Shangri La-Hotel Asia is fast becoming an innovation, technology and entrepreneurship hub, witnessing a thrivin... ( read original story ...)

Posted on 01/11/2018

Social e-commerce startup Goxip raises new funding led by Convoy

Goxip, a Hong Kong-based social e-commerce startup, has raised US$1.4 million in a new funding round led by local financial advisory services firm Convoy, according to an announcement. Previous backer... ( read original story ...)

Posted on 01/11/2018

Hong Kong Stock Exchange Taps Digital Asset for Post-Trade Blockchain Trial

The Hong Kong Stock Exchange (HKEX) has teamed up with distributed ledger startup Digital Asset to develop a blockchain platform for post-trade processing. The two firms are exploring the development ... ( read original story ...)

Posted on 01/11/2018

Hong Kong launches national trade finance platform on blockchain

Hong Kong has launched its blockchain-based trade finance platform, aimed at digitising open account transactions and reducing fraud. eTradeConnect was unveiled today at the Hong Kong Fintech Week. It ... ( read original story ...)

Posted on 01/11/2018

Hong Kong Reveals Crypto Rules in Push to Tame Wild Market

What the World’s Governments Are Saying About Cryptocurrencies The SFC’s move is good news for the Hong Kong crypto industry though this will not be a light touch regime, said Urszula McCormack, Hong ... ( read original story ...)

Posted on 01/11/2018

Lawmaker takes loan at 18pc interest to buy Hong Kong property

Fox Hu, Shawna Kwan and Benjamin Robertson Just how attractive is Hong Kong property? A recent stock exchange filing shows that some people will continue to pay up for the chance to buy in. Hong Kong ... ( read original story ...)

Posted on 01/11/2018

Hong Kong climbs to No 4 on World Bank’s list of easiest places to do business

Hong Kong rose one place to fourth in the World Bank’s latest ranking of the easiest places to do business, while mainland China shot up 32 places to 46th. For three years in a row, New Zealand topped ... ( read original story ...)

Posted on 01/11/2018

Hong Kong securities regulator to propose ‘sandbox’ for crypto exchanges

HONG KONG (Reuters) - Hong Kong’s Securities and Futures Commission (SFC) will propose a regulatory regime known as a “sandbox” for crypto exchanges, its chief Ashley Alder said on Thursday. ( read original story ...)

Posted on 01/11/2018

Hong Kong wuxia legend Louis Cha battled liver cancer and dementia in twilight years, friend says

Tributes poured in from Hong Kong society and around the world following the news of Cha’s death. Chief Executive Carrie Lam Cheng Yuet-ngor issued a statement while on a trip in Japan expressing her ... ( read original story ...)

Posted on 01/11/2018

Hong Kong: HANG SENG INDEX (.HSI) economy’s factories slows amid ongoing US-China trade war

Hong Kong and China markets both ended higher on Wednesday, shrugging off China’s worse-than-expected reading for manufacturing activity for October. The Hang Seng Index rose 1.6 per cent, or 394.16 p... ( read original story ...)

Posted on 01/11/2018

Hong Kong Chief Executive Carrie Lam will sit on panel to hear banned pro-independence party appeal

Hong Kong National Party’s leader Andy Chan Ho-tin has applied to ask Lam and eight of her Executive Council members to refrain from taking part in the review of the party’s ban because they had comme... ( read original story ...)

Posted on 01/11/2018

Hong Kong ranked world’s 4th easiest place to do business

HONG KONG, Oct. 31 (Xinhua) -- Hong Kong was ranked the fourth globally on the ease of doing business, moving up one place from being the fifth last year, the Hong Kong Special Administrative Region ( ... ( read original story ...)

Posted on 01/11/2018

Why Hong Kong business opposition to Carrie Lam’s MPF solution is capitalism taken too far

I was not surprised at the comments made by Federation of Hong Kong Industries chairman Jimmy Kwok Chun-wah after the chief executive’s policy address (“MPF offset subsidy boosted to HK$29.3 billion – ... ( read original story ...)

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