Category: BUSINESS

The Hong Kong X Technology Fund today announced its first round of investments into six Hong Kong-based tech companies as part of its accelerator program. Several of the chosen startups will move into the fund’s X-LAB co-working space in Hong Kong during ... ( read original story ...)

which raises costs for visitors to the city and cuts into profits earned in other currencies after they're converted back to the Hong Kong dollar, which is pegged to the U.S. dollar. Slosar said a "stellar performance" at Cathay's cargo business helped ... ( read original story ...)

She is based in Hong Kong and focuses on General Atlantic's investment in the retail and consumer and healthcare sectors in Greater China. Prior to joining General Atlantic, Ms. Chang served as a business analyst in the corporate finance group of McKinsey ... ( read original story ...)

Hong Kong X Technology Fund has announced its first investment into six rising Hong Kong-based technology companies as part of an accelerator program Hong Kong X Technology Fund has announced its first investment into six rising Hong Kong-based technology ... ( read original story ...)

Hong Kong agents’ commissions typically range between 2 to 4 per cent of the sales price of new apartments. For second-hand units, the fee is 1 per cent of the sale price, paid by both the buyer and the seller. Business has been good for both Centaline ... ( read original story ...)

The Hong Kong X Technology Fund today announced its first round of investments into seven Hong Kong-based tech companies as part of its accelerator program. Several of the chosen startups will move into the fund’s X-LAB co-working space in Hong Kong ... ( read original story ...)

Hong Kong’s middle class has been economically transformed from the “sandwich class” into the “coffin class.” Those looking for property salvation through a big crash, due to a rise in interest rates, can kiss their impossible dream goodbye. ( read original story ...)

Hong Kong has once again been named in global investigations into breaches of anti-money laundering rules at an international bank. Australia’s financial watchdog, Austrac has filed a case against Commonwealth Bank of Australia (CBA) – one of the ... ( read original story ...)

Hong Kong cobbler Wong Yun-keung has been repairing shoes in the ... before eventually setting up his own business and employing his own staff. With a stall close to Landmark luxury shopping mall, home to over a hundred designer brands, he often handles ... ( read original story ...)

Govt revises up full-year GDP to 3-4 pct from 2-3 pct * HK private consumption expenditure expands 5.3 pct y/y By Anne Marie Roantree and Donny Kwok HONG KONG, Aug 11 (Reuters) - Hong Kong raised its growth outlook for 2017 after a surprisingly strong ... ( read original story ...)

HONG KONG, Aug. 11, 2017 /CNW/ -- Geoswift, Western Union Business Solutions (a subsidiary of The Western Union Company) and UnionPay International have announced the latest joint tuition payment promotion available to Chinese students studying in the ... ( read original story ...)

HONG KONG: Hong Kong shares fell 2 percent on Friday, dragged down by a sell-off in internet-related shares and fears over the impact of rising tensions between the United States and North Korea. The Hang Seng index fell 2.0 percent, to 26,883.51 ... ( read original story ...)

HONG KONG: Stocks in Hong Kong headed for their biggest weekly slide of 2017 and volatility surged as U.S. President Donald Trump stepped up pressure on North Korea. The Hang Seng Index fell for a third straight day for the first time since June and was in ... ( read original story ...)

Hong Kong stocks fell as the market opened on Friday after an escalation in tensions between the US and North Korea caused a slump on Wall Street overnight. The Hang Seng Index shed 1.3 per cent, or 351 points, to 27,092.4 as trading got under way ... ( read original story ...)