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Month: February 2019

Posted on 28/02/2019

UPDATE 1-HK regulator suspends former China brokerage exec for IPO sponsor guidelines breach

HONG KONG, Feb 27 (Reuters) - Hong Kong’s financial watchdog has suspended the licence of a former senior banker at China Merchants Securities (CMS) for breaching its code of conduct on initial public ... ( read original story ...)

Posted on 28/02/2019

HKEX sets profit record after IPOs and turnover surge

HONG KONG (Reuters) - Hong Kong’s stock exchange operator on Wednesday said 2018 profit surged 26 percent to a record high, meeting expectations, boosted by fees from a number of mega IPOs in the firs... ( read original story ...)

Posted on 28/02/2019

China, Hong Kong stocks climb after Fed chief comments

The Hang Seng index added 0.5 percent to 28,910.83 points, while the Hong Kong China Enterprises Index ... on Tuesday as he spelled out the central bank’s approach to an economy that is likely ... ( read original story ...)

Posted on 28/02/2019

Rosewood Hong Kong Prepares To Open Its Doors With Exclusive Advantages For Virtuoso® Guests

"Rosewood Hong Kong's unequalled location overlooking Victoria Harbour in the heart of the Tsim Sha Tsui waterfront positions it as the crown jewel in the city's most exciting new art, design and reta... ( read original story ...)

Posted on 28/02/2019

A Startup Launchpad for Coworking Spaces, Garage Society Validates for India

In Hong Kong, Garbage Society has acted as a launchpad for startups such as Uber, Twilio and Deliveroo to kick start expansion into the Asian market. Leveraging this experience in India, they are now ... ( read original story ...)

Posted on 28/02/2019

Chinese AI startup raises $600m as Beijing pushes chip industry

HONG KONG -- Chinese startup Horizon Robotics raised $600 million on Wednesday for its chipmaking business, as venture capitalists tap into the country's growing appetite for the made-in-China chips. ( read original story ...)

Posted on 28/02/2019

The Winners and Losers From Hong Kong’s Budget 2019

Chan earmarked HK$5.5 billion for a further phase of development at Cyberport, a hub for startups and a center for Hong Kong’s efforts to rebrand itself as a tech leader, as it plays catchup to Shenzh... ( read original story ...)

Posted on 28/02/2019

Hong Kong does not give much weight to obesity, survey finds

Doctors have called on Hong Kong people to start seeing obesity as a disease, after they found that many have been ignoring the problem. The Association for the Study of Obesity polled 1,000 people ov... ( read original story ...)

Posted on 28/02/2019

Hong Kong Derby: ‘proven’ Tianchi Monster keeps the dream alive for Chris So

Tianchi Monster catapulted himself into BMW Hong Kong Derby calculations at Sha Tin on Sunday and trainer Chris So Wai-yin hopes the four-year-old’s 2,000m form will work in his favour in his bid to g... ( read original story ...)

Posted on 28/02/2019

Philippine-based Blockchain Ticketing Startup Raises Capital for SEA Expansion

The startup is now gearing for business expansion in Southeast Asia. Ticket2Me raised $350,000 in fresh capital and reportedly plans to use it to expand operations in major cities outside Metro Manila ... ( read original story ...)

Posted on 27/02/2019

The world’s most expensive property market is crashing

Hong Kong property values are diving, and the city is bracing for the impact.Credit:Bloomberg Home values in the world's most expensive property market have fallen about 9 per cent from their August p... ( read original story ...)

Posted on 27/02/2019

Hong Kong finance chief Paul Chan dials down budget relief measures after smaller surplus

Hong Kong finance chief Paul Chan Mo-po scaled back the usual sweeteners in this year’s budget, given projections of slower economic growth and a smaller fiscal surplus. He offered taxpayers HK$33.9 b... ( read original story ...)

Posted on 27/02/2019

Hong Kong to keep strengthening financial services industry

HONG KONG, Feb. 27 (Xinhua) -- China's Hong Kong Special Administrative Region (HKSAR) government will continue to boost the development of the financial services industry, the financial chief of the ... ( read original story ...)

Posted on 27/02/2019

Hong Kong Hands Out Reliefs as Trade War Hits Growth

HONG KONG (Reuters) - Hong Kong unveiled a less ... there were a mix of relief measures for individuals and businesses. Business registration fees were waived for companies this year, and greater ... ( read original story ...)

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