Wong Kim Man, convenor of the HKICPA corporate governance working group, said Hong Kong needs to strike a balance between business development and investor protection to stay competitive. The SFC should require listed companies to disclose breaches of ... ( read original story ...)
Hong Kong developer New World Development to invest US$2.5b in Skycity airport retail complex
The Greater Bay Area links the cities of Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing into an integrated economic and business hub. Thomas Lam, senior director at real estate consultancy Knight ... ( read original story ...)
These East Asian cities are leading the way for entrepreneurs — you can start up for under $3,000
When it comes to start-ups, Silicon Valley has long reigned supreme, staking claim to international success stories from Apple to Facebook. But the landscape is shifting. New start-up scenes are popping up across the globe as cities seek to take a piece of ... ( read original story ...)
Why remittance startup Bitspark abandoned bitcoin
Harrap told the Hong Kong Economic Journal in an interview that the company ... He admits that Bitspark is trying to snatch business from these remittance giants. So far the startup has recorded more than 5,000 users, including about 12 money transfer ... ( read original story ...)
Filipino tycoon says Hong Kong missing out on business opportunities in her country
A prominent Filipino businesswoman has said Hong Kong investors have overlooked her country’s potential, urging them to forget any negative perceptions they have about the country and invest. Teresita Sy, daughter of the country’s richest man, Henry Sy ... ( read original story ...)
Start-ups listed on Beijing’s ‘new third board’ eye Hong Kong IPOs
A number of Chinese start-ups trading on National Equities Exchange and Quotations, or Beijing’s “new third board”, are eyeing flotations in Hong Kong after the city launched new listing rules this week, according to lawyers and bankers. “Some of ... ( read original story ...)
These MBAs just launched an urban farming startup in Hong Kong
A team of five recent MBA graduates from the University of Hong Kong (HKU) have just launched Farmacy HK, a smart city, urban farming concept based on cutting-edge hydroponic technology. The first concept city farm opened in Hong Kong’s Causeway Bay in ... ( read original story ...)
FinTech: This HKU MBA Is Leading Chinese Mobile Payments Startup QFPay’s Global Expansion
Now, after completing a full-time MBA at the University of Hong Kong (HKU), he’s joined groundbreaking mobile payments startup QFPay as an equity investor, driving the fintech firm’s global expansion. QFPay serves over one million merchants in China ... ( read original story ...)
Lack of innovation and incentives holding back Hong Kong from becoming a smart city
But proptech start-ups would also profit off the prohibitively expensive housing in Hong Kong. “An affordability crisis in housing and office markets would reinforce the growth of co-living and co-working spaces in Hong Kong,” the report said. ( read original story ...)
The secret burden of mental illness in Hong Kong
Grant and Parker decided on a fresh start and moved to Hong Kong in January 2017. They wanted to embark on a new adventure and maybe "leave some of what he was feeling behind," Parker said. But it "wasn't really a great tactic," she said. 'Black waves ... ( read original story ...)
Lacrosse World Cup rebuild in full swing for Hong Kong women’s team after thumping win over China
“That’s the goal and the training has to start now,” said the Hong Kong International School lacrosse team captain. “I’m very privileged to be playing with such an amazing group of young athletes – it comes with a lot of pressure but also an ... ( read original story ...)
Biotech Startup Innovent Gets $150 Million Booster
a developer of biologically-based anti-cancer drugs known as PD-1 inhibitors, has closed a new $150 million funding round as it head towards an initial public offering (IPO) that could be one of the first under new listing rules being rolled out in Hong Kong. ( read original story ...)
Hong Kong business leaders band together to oppose scrapping MPF offsetting mechanism
Five major Hong Kong business groups have joined forces to demand greater subsidies in any plan that would stop them from dipping into pensions, the latest blow to efforts to end the so-called offsetting mechanism in the city’s government-mandated ... ( read original story ...)
The world’s most famous tailor has followed one simple plan that has grown his tiny Hong Kong shop from a small business into a global brand
Roshan Melwani is the third-generation proprietor of Sam's Tailor, a family-owned small business started by his grandfather Naraindas "Sam" Melwani in 1957. Sam's Tailor has become world famous for the stylish bespoke suits and clothing it has made for ... ( read original story ...)