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Month: February 2019

Posted on 28/02/2019

Starbucks’ China rival Luckin Coffee taps three banks for U.S. IPO: sources

HONG KONG (Reuters) - Chinese startup Luckin Coffee, which has ambitions to overtake Starbucks at home this year, has tapped three banks including Credit Suisse to work on a U.S. IPO in 2019 ... ( read original story ...)

Posted on 28/02/2019

Hong Kong finance chief Paul Chan defends budget amid criticism that it does too little to address health care and housing

Hong Kong’s finance chief defended his latest budget on Thursday amid a record-low rating and criticism from residents who said he did not do enough to tackle housing and health care problems. A day e... ( read original story ...)

Posted on 28/02/2019

Hong Kong Film Fest: South Korean Director Lee Chang-dong to Get Lifetime Honor

The acclaimed auteur of Cannes competition title 'Burning' will be honored during the Hong Kong event in March. South Korean filmmaker Lee Chang-dong will be honored with a lifetime achievement award ... ( read original story ...)

Posted on 28/02/2019

How this Singapore Healthtech Startup Caught Hong Kong’s Attention

Singapore is one of the world’s healthiest countries. Still, the struggle to achieve work-life balance often results in people making uninformed healthcare choices. Perhaps that’s why the region is wi... ( read original story ...)

Posted on 28/02/2019

Hong Kong tycoon, two equity firms bid on Anbang Insurance’s Vancouver office complex, sources say

Hong Kong tycoon Li Ka-shing’s company and two private equity ... Mr. Li and his family have had extensive business interests in Canada, including a controlling stake in Husky Energy Inc. of Calgary. ... ( read original story ...)

Posted on 28/02/2019

Hongkong Land full-year 2018 earnings rise 9% to US$1.04b

However, for the development properties business, he is expecting higher profits from China - as more projects get completed - to be offset by lower contributions from other markets. Hongkong Land sha... ( read original story ...)

Posted on 28/02/2019

Breakingviews – Hong Kong exchange primed for some M&A trades

There are a variety of options, but it’s time for Hong Kong to diversify its portfolio. Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand fo... ( read original story ...)

Posted on 28/02/2019

Hong Kong finance minister Paul Chan defends budget amid criticism that it does too little to address health care and housing issues

Hong Kong’s finance chief defended his latest budget on Thursday against criticism from residents who said he had not done enough to help tackle the city’s housing and health care problems. Financial ... ( read original story ...)

Posted on 28/02/2019

Hong Kong home prices rise for first time in six months

HONG KONG (Reuters) - Hong Kong private home prices posted their first monthly on month rise in six months in January, as sales rebounded in one of the world’s least affordable property markets. Price... ( read original story ...)

Posted on 28/02/2019

Thailand and Hong Kong to sign a MOU on startup development

InnoSpace Thailand is set to sign a Memorandum of Understanding (MOU) on startup development with partners from Hong Kong on February 28th, 2019. The Director-General of the Department of Industrial P... ( read original story ...)

Posted on 28/02/2019

Hong Kong finance chief Paul Chan finally seems to be finding his feet after tough start in job

His third budget generally well received by political parties and lawmakers, despite perennial criticism that more could have been done for needy Even government allies were not impressed with the rel... ( read original story ...)

Posted on 28/02/2019

Hong Kong: HANG SENG INDEX (.HSI) PBOC said it will encourage financial market innovation to boost the economy

China and Hong Kong stocks rose on Wednesday ... Rex Takasugi – TD Profile HANG SENG INDEX closed down -14.621 at 28,757.439. Volume was 39% above average (neutral) and Bollinger Bands were 23% narrow... ( read original story ...)

Posted on 28/02/2019

Hong Kong Trims Budget Handouts With Slowing Economy in View

Hong Kong’s economy is forecast to slow this year as the city grapples with weaker property values and the fallout from U.S.-China trade tensions, leading to a more modest range of budget handouts tha... ( read original story ...)

Posted on 28/02/2019

Hong Kong’s property crash could clobber its economy

Hong Kong | Real estate is the main game in Hong Kong, and as the drop in housing prices nears correction territory, concern is mounting about the toll the downturn will exact on the city's economy. H... ( read original story ...)

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