Category: BUSINESS

HONG KONG (Reuters) - Strong consumption ... He will also seek to help innovative and creative industries through tax incentives, a start-up fund and investments in sectors such as artificial intelligence, fintech and biomedical science, with the city ... ( read original story ...)

But from September the journey could start at Hong Kong’s West Kowloon after a cross-border rail line opens connecting the city to the national network. Their decision to opt for the train is being seen as a publicity stunt to promote the Guangzhou ... ( read original story ...)

The startup continues to offer its bike-sharing service in Hong Kong. Such dockless bike schemes rely heavily on the goodwill and decency of just about everyone in the city where they operate, after all, it only takes a few individuals to cause ongoing and ... ( read original story ...)

the contracted sales in Hong Kong have surpassed HK$7.0 billion. The company declared an interim dividend of 14 HK cents per share. “Core profit [derived from the company’s main or principal business, less all expenses for the main activities as ... ( read original story ...)

Expatriates in Hong Kong earn, on average, just three quarters of their equivalents in Shanghai, and two thirds compared with those in Mumbai, according to new figures from HSBC. But those in Singapore are further behind. Nonetheless, pure salary figures ... ( read original story ...)

Paris and Hong Kong since joining the firm in 1989. Although some McKinsey partners were hoping the recent election would be an opportunity for the firm to appoint its first female leader, Mr Sneader does offer other forms of diversity: he is the company ... ( read original story ...)

Hong Kong Exchanges and Clearing is likely to report its best financial year since 2015 as more investors poured into the city’s bourse in the past year, while more companies flocked to raise capital through initial public offerings. Net income is likely ... ( read original story ...)

Hong Kong and Chinese stocks rallied on Monday amid optimism over earnings for Chinese companies and increased confidence in long-term stability after Beijing scrapped the constitutional limits on the number of terms the president and vice-president can serve. ( read original story ...)

He is chairman of Asia based in Hong Kong, and McKinsey has become the largest of the global consulting firms in China. The other run-off contender was Bob Sternfels, head of global functions based in San Francisco, a specialist in raising corporate ... ( read original story ...)

Hong Kong start-up Gobee.bike has become the first Asian bike sharing operator to retreat from Europe after incurring mass thefts and vandalism. The company reported that over 1,000 bikes had been stolen and nearly 3,400 damaged during its four months of ... ( read original story ...)

In 2017, India was among the best performers in CLP's business segments, although it is still a small market for the company. Operating earnings from India expanded 38% on the year to 647 million Hong Kong dollars ($82.7 million), helped by higher ... ( read original story ...)

The Hong Kong-based McKinseyite is known for his quick but clear decision-making and strong focus on financial performance. But the final run-off will have come as a disappointment to those partners who were hoping McKinsey — a vocal advocate of the ... ( read original story ...)

Chong Sing Holdings Fintech Group, a Hong Kong-listed company that provides loans to small ... contracts”, which are embedded in the blockchain protocol, in its lending business. This means a repayment from a borrower can be automatically allocated ... ( read original story ...)

Hong Kong’s pensions regulator has warned all 14 Mandatory Provident Fund providers to tighten control over their schemes to prevent abuse by clients who are gambling on the stock market through their retirement savings, the South China Morning Post has ... ( read original story ...)