McKinsey has performed thorough analyses of countries across ... For years, visitors from mainland China have flocked to Hong Kong to buy life and health insurance. This segment accounts for more than ... ( read original story ...)
Hong Kong legislators brawl over contentious extradition law
Even Hong Kong’s normally conservative business community has expressed opposition. The International Chamber of Commerce in Hong Kong, said the bill had “gross inadequacies” and would put ... ( read original story ...)
Hong Kong’s hidden youth: societal pressure driving city’s young into apathy and reclusiveness
Nearly half of youngsters feel ‘despair’ if they can’t post on social media: study Tung, who preferred not to give her full name, is among 140,000 young people in Hong Kong in similar situations, ... ( read original story ...)
Chaotic scenes at Hong Kong legislature over extradition law
HONG KONG - There have been chaotic scenes at Hong Kong’s legislative assembly as lawmakers for and against controversial amendments to the territory’s extradition law clashed over access to the ... ( read original story ...)
AB InBev’s Asia business files for Hong Kong IPO of at least $5 billion: sources
HONG KONG (Reuters) - The Asia business of Anheuser-Busch InBev, the world’s largest brewer, filed on Friday a draft prospectus for an initial public offering (IPO), which two sources with ... ( read original story ...)
Hang Seng Bank to be prudent
Chairman Raymond Ch'ien Kuo-fung expects Hong Kong's GDP to fall 0.6 percentage point to 2... Hang Seng Bank (0011) said it will be more prudent amid the Sino-US trade war and maintain a progressive ... ( read original story ...)
Hong Kong insurance tech startup OneDegree extends its Series A to a total of $30 million
OneDegree, an insurance technology startup based in Hong Kong, announced today it has extended its Series A round to $30 million, up from the $25.5 million it announced in September. Its extension ... ( read original story ...)
A new chapter for independent Hong Kong art bookstore Tai Yip, as long-time patron takes over
Working as an independent bookseller and publisher in Hong Kong can be a dangerous business. Printing and vending titles critical of Beijing can get one into trouble, as demonstrated by the 2015 ... ( read original story ...)
Hong Kong Teahouse Huddle With HSBC Is Key to Huawei CFO Case
The legal fate of Huawei Technologies Co.’s chief financial officer may hinge on a fateful meeting at a Hong Kong teahouse with an HSBC Holding Plc banker in 2013. Meng Wanzhou’s hefty legal team is ... ( read original story ...)
Ant Financial, Tencent Join Hong Kong Virtual Banking Race
(Bloomberg) -- Tencent Holdings Ltd., Ant Financial, Industrial & Commercial Bank of China Ltd. and Xiaomi Corp. are among companies to win licenses to create virtual lenders in Hong Kong, bringing ... ( read original story ...)
Tencent, Alibaba, Xiaomi units win Hong Kong online banking license
HONG KONG (Reuters) - Hong Kong’s banking regulator has issued four more online-only banking licenses to units of Alibaba, PingAn and smartphone maker Xiaomi, as well as to a JV involving Tencent, ... ( read original story ...)
Tencent, Alibaba, Xiaomi Units Win Hong Kong Online Banking Licence
HONG KONG — Hong Kong's banking regulator has issued four more online-only banking licences to units of Alibaba, PingAn and smartphone maker Xiaomi, as well as to a JV involving Tencent, ICBC and ... ( read original story ...)
Tencent and Alibaba granted licences to offer Hong Kong banking
Tencent and Alibaba are set to compete with some of the world’s biggest banks including HSBC and Standard Chartered as Hong Kong opens up its market to online competitors. The Hong Kong Monetary ... ( read original story ...)
Hong Kong’s property market has 10 more years in its bull run as population inflow from Greater Bay gives it sustenance
Hong Kong’s property bull market has another 10 years to run, as housing supply fails to keep up with the new population pouring in from the Greater Bay Area, said the Swiss bank UBS, which correctly ... ( read original story ...)