A Chinese billionaire, who was supposedly protected by eight female bodyguards, has vanished in Hong Kong, amid speculation he has been abducted by agents of Beijing. Xiao Jianhua, a former student leader turned financier who founded the Tomorrow Group ... ( read original story ...)
Mystery over Chinese tycoon's disappearance from Hong Kong
HONG KONG - Mystery surrounds the whereabouts of a Chinese-born Canadian billionaire reportedly seized in Hong Kong by mainland Chinese police, in a case that could rekindle concerns about overreach by Chinese law enforcement in the semiautonomous city. ( read original story ...)
Hong Kong stocks down 0.9pc in early trading for Year of the Rooster debut
Hong Kong stocks opened lower at the start of the Year of the Rooster on Wednesday, as investors returned from a four-day holiday weekend to catch up with recent losses for global equities amid concerns over US President Donald Trump’s controversial ... ( read original story ...)
Hong Kong stocks headed for reality check as investors grow ‘leery’ of Trump’s agenda
Hong Kong stocks may head lower on the first trading day of the Year of Rooster on Wednesday, as they return from a four-day holiday weekend to catch up with recent losses for global equities amid concerns over Donald Trump’s tightening of US immigration ... ( read original story ...)
Hong Kong: The worst place in the world for a startup to open a bank account?
Over the past 12 months, in our efforts to open a business bank account, our Hong Kong startup was rejected by no less than four banks. Our crime? We were told our business was “too young” for a bank account, which is curious since startups tend to be ... ( read original story ...)
What Might Happen in China in 2017?
Gordon is formerly a senior partner with McKinsey and is now a senior advisor to the firm. Joe is Managing Partner of McKinsey’s Hong Kong office. Nick is Managing Partner of McKinsey’s Greater China Practice. ( read original story ...)
Engaging customers: The evolution of Asia–Pacific digital banking
a McKinsey Solution, and examined digital consumer-banking data collected between July 2015 and July 2016 from 41 banks. This article focuses on our findings from Australia and New Zealand, Hong Kong, Malaysia, Singapore, and Taiwan, examining consumer ... ( read original story ...)
What you need to know about Morgan Stanley’s new MDs in Singapore and Hong Kong
She began her career in 2004 as an analyst at McKinsey. She then worked at Macquarie from 2006 ... Hufton joined Morgan Stanley’s transport team in London in 2006 and relocated to Hong Kong in 2013, reaching ED rank. Originally from Australia, Hufton ... ( read original story ...)
How can you capitalise on the Chinese market?
BoF / McKinsey identifies 10 emerging patterns ... Thanks to its high tourism volumes and the broad variety of retail opportunities, Hong Kong is a burgeoning, competitive marketplace and only a short hop from Australia. One of the biggest and best ... ( read original story ...)
Why Congress Should Privatize the Washington DC Metro
Hong Kong privatized its subway system in 2000. In a recent study on infrastructure, McKinsey reported: Hong Kong’s MTR Corporation has defied the odds and delivered significant financial and social benefits: excellent transit, new and vibrant ... ( read original story ...)
Will Chinese Giant Tencent Survive the Battle of Content?
Its service has recently expanded to India, and is already a hit in Hong Kong, Thailand, Malaysia, and Indonesia. According to a recent report by research firm McKinsey, the Asian streaming music market is growing rapidly. Already in 2014, streaming ... ( read original story ...)
Privatize Washington’s Metro System
Hong Kong privatized its subway system in 2000. In a recent study on infrastructure, McKinsey reported: Hong Kong’s MTR Corporation has defied the odds and delivered significant financial and social benefits: excellent transit, new and vibrant ... ( read original story ...)
Morning update: Trump wants a wall, Canada embraces immigration
Tokyo’s Nikkei gained 1.8 per cent Thursday, Hong Kong’s Hang Seng 1.4 per cent ... Prime Minister Justin Trudeau and his economic advisers, led by McKinsey & Co. China guru Dominic Barton, seem not to have a problem with this. They only see the ... ( read original story ...)
Mainland firms expand property footprint in Hong Kong, set to fuel price rises
Hong Kong will auction a site valued at as much as $2.2 billion in the first quarter, the first sale of commercial land in the Central business district in more than 20 years, and it is widely expected to be snapped up by a mainland Chinese developer ... ( read original story ...)