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Month: December 2018

Posted on 24/12/2018

Juven’s Startup Insights from Oxbridge-KPMG Series

On Monday 29th October, Juven was present at a talk and panel discussion, which was part of an Oxbridge KPMG series event co-hosted by the Oxbridge Alumni Hong Kong Chapter. Juven CEO Edmond The ... ( read original story ...)

Posted on 24/12/2018

Shoppers splash cash in Hong Kong in Christmas splurge

Mainland tourists undaunted by the depreciation of the yuan went on last-minute Christmas splurges in Hong Kong on Saturday, but small local retailers said business was down and offered extra discount... ( read original story ...)

Posted on 23/12/2018

Bimain’s IPO Application in Doubt as Hong Kong Calls Crypto Industry ‘Immature’

Bitmain, the largest manufacturer of Bitcoin mining equipment, is experiencing something of a rough patch, as Hong Kong’s stock market overseers might be reluctant to approve the initial public ... ( read original story ...)

Posted on 23/12/2018

Banking stocks lead decline in Hong Kong after Federal Reserve defies expectations on rate increases next year

Hong Kong and China stocks fell on Thursday, in line with the declines seen across Asia, as investors were disappointed after the US Federal Reserve defied their expectations and raised interest rates ... ( read original story ...)

Posted on 23/12/2018

Bitmain IPO Suffers Major Setback as Hong Kong Regulator Declares Crypto Firms “Immature”

These are not the best of times indeed for Bitmain, the world’s largest manufacturer of bitcoin mining equipment as Hong Kong’s stock market regulator, HKEX has made it clear that it would not approve ... ( read original story ...)

Posted on 23/12/2018

Hong Kong bodybuilding champ Len Chui out to prove the mighty don’t need meat

Len Chui Hin-chun would not be caught dead chowing down on chicken: the 22-year-old Hong Kong bodybuilder is completely plant-powered, and proud. Last month Chui won the men’s physique category at the ... ( read original story ...)

Posted on 22/12/2018

Why corporations see a bright future in start-ups – and want to think and act fast like them

Paul Chan's ‘back to the future’ budget: HK$50 billion on hi-tech. HK$50 billion on goodies And Hong Kong is right in the heart of action. According to the Global Startup Ecosystem Report 2018 by rese... ( read original story ...)

Posted on 22/12/2018

Deutsche Bank in HK, Singapore sees exodus of investment bankers

Cost-cutting and sinking morale have caused some 50 people to leave in past six months: Sources HONG KONG • Deutsche Bank, the German lender that is struggling to enact a turnaround, has seen a surge ... ( read original story ...)

Posted on 22/12/2018

Hong Kong’s Lost Decade, as Shown by These 12 Global Surveys

To gauge how Hong Kong’s position has evolved, Bloomberg News tallied up 12 international surveys that have been published annually or biannually for at least six years, where number 1 is the best ran... ( read original story ...)

Posted on 21/12/2018

One less thing for Hong Kong homebuyers to worry about

Hong Kong, the world’s least affordable housing market, can be a depressing place for people trying to buy a home. But they can at least take comfort the city’s banks are taking it slow in the rate-hi... ( read original story ...)

Posted on 21/12/2018

Here’s One Less Thing for Hong Kong Homebuyers to Worry About

Hong Kong, the world’s least affordable housing market, can be a depressing place for people trying to buy a home. But they can at least take comfort the city’s banks are taking it slow in the rate-hi... ( read original story ...)

Posted on 21/12/2018

HSBC gets regulatory nod to sell Malaysia insurance unit stake to FWD

HONG KONG (Reuters) - HSBC Holdings’ (HSBA.L) Asia Pacific insurance unit has received regulatory approval to divest its 49 percent stake in the Malaysian life insurance joint venture to Hong ... ( read original story ...)

Posted on 21/12/2018

Hong Kong takes global IPO crown, looks to a quieter 2019

HONG KONG (Reuters) - A flurry of initial public offerings (IPOs) in Hong Kong propelled the financial center to first place for IPO volumes globally, but next year is unlikely to see as many big-tick... ( read original story ...)

Posted on 21/12/2018

Hong Kong: HANG SENG INDEX (.HSI) city’s de facto central bank raised its base rate in line with the U.S. Federal Reserve

Hong Kong shares ended lower on Thursday after the city’s de facto central bank raised its base rate in line with the U.S. Federal Reserve, and warned of increasing downside risks to the economy. At t... ( read original story ...)

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