SAXO Bank has appointed Matthew Long as a new CEO of the Hong Kong office, effective December 15 2017. Long joins Saxo as an experienced senior executive with 19 years of experience in the financial industry. He has held pivotal senior roles in Macquarie ... ( read original story ...)
HKMA welcomes China Development Bank’s issuance of its first Belt and Road bond in Hong Kong (with photos)
The following is issued on behalf of the Hong Kong Monetary Authority: The Chief Executive of the Hong Kong Monetary Authority (HKMA), Mr Norman Chan, visited China Development Bank (CDB) today (December 20) and met with its President, Mr Zheng Zhijie. ( read original story ...)
Hong Kong stocks climb as gain in Tencent outweighs net selling by mainland traders in exchange link
Hong Kong stocks climbed for a second day on Tuesday, as the gain in Tencent Holdings countered the first single-day net selling in four months by mainland investors through the stock connect schemes between the city and mainland China. The Hang Seng Index ... ( read original story ...)
Up to 1,000 domestic helpers affected in Hong Kong ticketing debacle, consulate fears
The Philippine mission in Hong Kong has appealed for those affected by the ticketing fiasco caused by a local travel agency to report their cases to the consulate, as diplomats fear 1,000 potential victims are involved. As of 5pm on Wednesday, 131 people ... ( read original story ...)
KPMG partners face court contempt proceedings in Hong Kong over China audit
Hong Kong and US regulators have been at loggerheads with Chinese ... “They need to comply with the laws in all of the locations where they are doing business.” ( read original story ...)
Hong Kong politician barred from Macau ahead of 18th handover anniversary over security concerns
The vice-chairman of Hong Kong centrist political party Third Side was refused entry to Macau on the eve of the anniversary of the former Portuguese enclave’s handover to Chinese rule. Casper Wong Chun-long, who was travelling with five business partners ... ( read original story ...)
Hong Kong fans flood Twitter in outpouring of grief over death of SHINee lead singer Jonghyun
“SHINee is one of the most popular South Korean boy bands, and they have a lot of fans from around the world, including Hong Kong. The news is shocking not only to their fans but to many K-pop lovers because most, if not all, would have listened to ... ( read original story ...)
Meet the 24 global startups competing at Fintech Finals 2018 in Hong Kong
At the end of January, Hong Kong is hosting its local startup event called StartmeupHK Festival and as part of the celebration, 24 startups will be pitching for a chance to win US$10,000. The pitching challenge is called Fintech Finals 2018 and it is run ... ( read original story ...)
Life after work: Hong Kong employees’ retirement savings fall short by about HK$2 million
Most Hong Kong employees on average are expected to fall short by about HK$2 million (US$260,000) for life after retirement, according to a survey by the Hong Kong Investment Funds Association (HKIFA). Only 23 per cent of Hong Kong employees believe that ... ( read original story ...)
INFINITI LAB 3.0 concludes with Demo Day in Hong Kong
(Photo: Infiniti) INFINITI LAB 3.0 recently concluded its nine-week program with a successful Demo Day held at Loft 22, in Hong Kong’s Central district. INFINITI LAB is designed to empower ambitious startups to reach their full potential. The program ... ( read original story ...)
24 Startups from Across the Globe Selected to Compete at Fintech Finals 2018
Cash prize of US$10,000 on offer for Best in Show Winner HONG KONG, Dec. 20, 2017 /PRNewswire/ -- 24 startups from around the world will be competing for the chance to win a cash prize of US$10,000 at Fintech Finals 2018 in Hong Kong on 30-31 January ... ( read original story ...)
Hong Kong’s underused military land a potential goldmine – but a minefield for government
HONG KONG (Reuters) - As Hong Kong seeks more land to help ease a worsening housing crisis, some lawmakers and activists are urging officials to take a fresh look at little-used swathes of more than $100 billion worth of real estate controlled by the ... ( read original story ...)
Hong Kong traders expect stocks to open lower after two days of gains
Hong Kong stocks are expected to open lower on Wednesday, as the Hang Seng Index futures spot December contract lost 0.4 per cent, or 120 points, to 29,127 in the pre-opening session. On Tuesday, US stocks pulled back from record closes, after the House of ... ( read original story ...)
Hong Kong stocks shrug off Fed hike, Chinese data
The three biggest H-shares percentage decliners were Postal Savings Bank of China Co Ltd which ... at a premium of 28.66 percent over the Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng index was 13.33 as of the last full trading ... ( read original story ...)