Hong Kong’s index futures advanced on Wednesday morning, suggesting shares are likely to open higher after a two-day closure for holidays. December futures contracts on the Hang Seng Index rose 0.2 per cent, or 54 points, to 29,661 before the spot market ... ( read original story ...)
Hong Kong M&A deals up by almost half in 2017 as mainland firms buy into property, insurance sector
Mergers and acquisitions activity in Hong Kong is up by almost a half this year ... A prime example was AIA buying Commonwealth Bank of Australia’s life insurance business in Australia and New Zealand for US$3.05 billion. By sector, real estate remained ... ( read original story ...)
It’s many happy returns of the festive season for Hong Kong retailers, but can the good times last?
With glittering lights, Christmas tree displays and discounts advertised on storefronts, Hong Kong’s malls were abuzz with tourists and local families this past weekend. At the upmarket Pacific Place on Christmas Eve, diners indulged in hearty meals ... ( read original story ...)
Number of elderly organ donors on the rise in Hong Kong after lifting of age limit
More elderly organ donors have contributed to saving the lives of others, with Hong Kong recording an increase in the number of such people aged 70 or above this year following the removal of an age limit in public hospitals. As of end November ... ( read original story ...)
Cybercrimes and scams will be two big challenges for Hong Kong police, outgoing veteran says
Cybercrimes and deception would be major challenges faced by Hong Kong’s police in the next decade, an outgoing veteran crime buster has said amid increasing cases of both types of offences. Over the past decade, reports of technology crimes have jumped ... ( read original story ...)
An Introduction to McKinsey Greater China
In the past 30 years since we established our first office in the region in Hong Kong, we have completed over 2,500 client engagements across more than 15 different industries. McKinsey is a global management consulting firm in Greater China. Today we ... ( read original story ...)
Why McKinsey Greater China
To learn more about how to apply to McKinsey, please visit our firm careers site here To ensure your application gets to us here in Greater China, please indicate your preference for one of our four locations: Beijing, Hong Kong, Shanghai, or Taipei. ( read original story ...)
Hong Kong police arrest business owner after sign falls injuring three people in Yau Ma Tei
The owner of a game centre in Yau Ma Tei was arrested on Monday after the sign to her shop fell from the building, sending three to men to hospital. Police were alerted at about 1pm after the sign – measuring three metres wide and half a metre tall ... ( read original story ...)
‘Sleepless nights’ for Hong Kong finance chief over economic prospects for young generation
Hong Kong’s young people are unhappy despite economic growth, mainly due to sky-high property prices and rents, Financial Secretary Paul Chan Mo-po said on Sunday. In an article posted on his blog on Christmas Eve, Chan said ever-increasing rents and ... ( read original story ...)
Canada can learn from Hong Kong’s tax system, commerce chamber chief says
The new chairman of the Canadian Chamber of Commerce in Hong Kong has said his country can learn from the city’s economic system and adopt it, increasing competitiveness, economic growth and tax revenue for Canada’s government. Todd Handcock was ... ( read original story ...)
Does Hong Kong have a housing crisis? The answer depends on whether you own a flat
Hong Kong has the dubious distinction of being the world’s most expensive real estate market, a title it has retained for the past seven years. In 2017, there was no shortage of warnings of a property bubble, complaints of how homes were seriously ... ( read original story ...)
Hong Kong’s market rally has brought out the best in people
So here is a festive review of how the stock market rally is not only helping brokers reap bigger bonuses, but also seems to be encouraging Hong Kong people to give away more to good causes. The Community Chest, Hong Kong’s largest charity body ... ( read original story ...)
More to the economy than finding next Google or Facebook, Hong Kong’s small business owners say
Over the past several years Hong Kong has been trying to reinvent itself as a hi-tech hub, looking to turn start-ups into the next Facebook or Google. But with the focus on technology, other entrepreneurs say they are being neglected, even though they feel ... ( read original story ...)
Hong Kong stocks rev higher ahead of extended Christmas break
Hong Kong stocks rose in early trading on Friday, the last trading session before the Christmas holidays, with financials and Hong Kong real estate shares leading gains. The Hang Seng Index was ... 0.5 per cent to HK$79.95. Bank of China was also up ... ( read original story ...)