Gini, a local fintech startup, today announced the launch of its namesake app, the city’s first all-in-one personal financial management application. The gini app introduces a new alternative for Hongkongers to get insights into their spending habits ... ( read original story ...)
UBS sees ‘business as normal’ as it contests Hong Kong suspension
HONG KONG (Reuters) - UBS (UBSG.S) has told staff that it is “business as normal”, after the Swiss bank revealed on Friday it is fighting an 18-month suspension in Hong Kong from leading initial public offerings (IPOs). In an internal memo sent by ... ( read original story ...)
Hong Kong’s pro-democracy campaign endures election setback
Pro-Beijing parties hold a near unassailable majority in Hong Kong's legislature, LegCo, thanks to the functional constituency system, which allocates seats to certain business, trade and civil society groups, the majority of which take their lead from China. ( read original story ...)
Hong Kong’s Cathay Pacific banks on cargo to bring the cash as 2017 losses forecast at US$357 million
A strong cargo business will be one of the few bright spots for Cathay Pacific Airways when it unveils losses estimated at HK$2.8 billion (US$357 million) on Wednesday on the back of its weak passenger operations. Hong Kong’s biggest airline has carried ... ( read original story ...)
Mystery Hong Kong investors bet on low-cost start-up carrier Air Belgium
A mystery group of Hong Kong investors is backing a new long-haul budget carrier, betting on the rise of low-cost travel despite the wafer-thin margins of the airline industry. Ambitious start-up Air Belgium, which has not sold a single air ticket yet ... ( read original story ...)
Hong Kong elects new lawmakers as city faces decades of Xi Jinping rule
Pro-Beijing parties hold a near unassailable majority in Hong Kong's legislature, LegCo, thanks to the functional constituency system, which allocates seats to certain business, trade and civil society groups, the majority of which take their lead from China. ( read original story ...)
Hong Kong’s budget funding for innovation is a smart start
Will the HK$50 billion investment in innovation and technology, along with other initiatives in the budget, contribute to building the desired culture of innovation in Hong Kong? In addition, what more should the government be doing in its role as ... ( read original story ...)
How the rubber duck is Hong Kong’s business and spirit of ‘can do’
In 2013, Dutch artist Florentijn Hofman set afloat a massive, 12-metre rubber duck in Victoria Harbour as part of a world tour. Hofman was on a vague mission of peace and togetherness dedicated to the citizens of the world. The ongoing tour that began in ... ( read original story ...)
Hong Kong’s ‘flagship’ e-scrap facility nears start-up…finally
China: There were serious delays in its construction and completion. But now the Hong Kong WEEE Park, seen as the modern face of electronics recycling in Hong Kong, is all set to open its doors. The Euro 60 million (US$ 74 million) treatment facility ... ( read original story ...)
Readers Say: Hong Kong’s Richest; Charley Shin and Philadelphia Eagles Have Something In Common
“Shame he don’t give it back to Hong Kong by making home prices cheaper.” Viva Republica! South Korean Startup Toss Churns $1 Billion a Month 5,608: “Our culture dynamic really focuses on freedom and responsibility.” Blue Skies for the Founder of ... ( read original story ...)
Hong Kong Seen Draining Liquidity With Currency Near ’84 Low
India Can No Longer Spend Its Way To Higher Growth Why Is PM Modi Allowing DACOIT-y On Indian Digital Startups? India’s Online Streaming ... Days’ — Finally Ends For PM Modi (Bloomberg) -- Hong Kong’s central bank will probably take steps to ... ( read original story ...)
HKETO Berlin promotes Hong Kong business opportunities in Hungary (with photo)
Following a fruitful trip to Hong Kong of a business delegation organised by the Hungarian Chamber of Commerce and Industry in December 2017, the Hong Kong Economic and Trade Office, Berlin (HKETO Berlin) together with Invest Hong Kong (InvestHK) built on ... ( read original story ...)
Why 117-year-old Hong Kong utility CLP seeks partnerships and stakes in tech start-ups
CLP Holdings, the larger of Hong Kong’s two electricity suppliers, is looking for more partnerships with universities and strategic investments in start-ups with technologies and ideas that can help the 117 year-old utility become more cost efficient and ... ( read original story ...)
22 Best Shops in Hong Kong
Let’s start with scale. Where are we between global flagship and neighborhood boutique? As one of Hong Kong's most famous local design shops, there are G.O.D.s big and small all over the city, however, this is the largest, spread across two floors in ... ( read original story ...)