Category: BUSINESS

HONG KONG, CHINA - Media OutReach - Aug 11, 2017 - The Hong Kong Pulse Light Show, organized by the Hong Kong Tourism Board (HKTB), is back on stage this summer, after attracting over 2.3 million spectators over the years! Running from 11 August to 2 ... ( read original story ...)

Hong Kong may reopen some of its 13 beaches—closed since last Sunday—following a palm oil spill, after authorities collected more than 150 tonnes of acrid-smelling clumps in one of the Chinese territory's worst environmental disasters. The spill ... ( read original story ...)

Two Hong Kong-listed international insurers – Manulife and Prudential ... credited the growth to Asia where profit from new life insurance business rose 18 per cent to £1.092 billion in the first half. Its asset management arm, Eastspring, reported ... ( read original story ...)

One of the world’s most reliable currency bets is suddenly looking like less of a sure thing. The Hong Kong dollar carry trade, which has produced steady returns for seven straight months, suffered a rare setback on Wednesday as the currency abruptly ... ( read original story ...)

Even as more companies relocate their offices away from Hong Kong’s central business district to escape high costs, rents in Central have climbed back up to their 2008 peak levels driven by sustained demand from mainland Chinese corporates and a tight ... ( read original story ...)

While Hong Kong’s startup ecosystem is relatively young, it has grown quickly in recent years. Many entrepreneurs are attracted by the city’s high rate of internet – particularly mobile – penetration, which has allowed for greater adoption of tech ... ( read original story ...)

HONG KONG — Cleanup efforts are under way in Hong Kong after white blobs of congealed palm oil washed up on the city's shores following a collision between two ships. Authorities have closed more than a dozen beaches, including two on Tuesday ... ( read original story ...)

Can you really imagine such an airline operating an international air travel business out of Hong Kong’s airport? Or imagine an SME bank. They used to have them in the United States, one town single-branch banks that advanced local savings to local farmers. ( read original story ...)

Yeh was a top player in his youth, and then went on to organisations such as Goldman Sachs, McKinsey and the World Economic Forum ... and an organiser at RETRO.HK Gaming Expo and RETROCUP. The two are Hong Kong’s first and only expo and e-sport ... ( read original story ...)

Yeh was a top player in his youth, and then went on to organisations such as Goldman Sachs, McKinsey and the World Economic Forum ... and an organiser at RETRO.HK Gaming Expo and RETROCUP. The two are Hong Kong’s first and only expo and e-sport ... ( read original story ...)

China has 37 banks listed in Shanghai, Shenzhen and Hong Kong. They will start to release financial results ... an analyst with Bank of Qingdao. A recent report by McKinsey & Company said the retail banking sector in China needs to improve efficiency ... ( read original story ...)

Hong Kong startup created cryptocurrency for container shipping. 300cubits says the TEU will be tradable on cryptocurrency exchanges globally. TEU tokens will be used as booking deposits for container shipping. A Hong Kong startup aims to fundamentally ... ( read original story ...)

In June, Christopher Cheung, who represents financial services and business interests in Hong Kong’s legislative chamber, called on Hong Kong's Securities and Futures Commission to more tightly scrutinize short sellers, saying they had caused “serious ... ( read original story ...)

Banks in Hong Kong, and indeed the world, are still waiting for new global rules to be finalised, and as a result, hoarding cash rather than returning it to investors, or making use of it in more profitable ways. Last week, Standard Chartered’s board ... ( read original story ...)