In case you're keeping track, that's HK$5.18 million. Robb Report If you think millennials have it tough in the US, they really have it hard in Hong Kong. In the latest installment of jaw-dropping Hong Kong property prices, a parking spot in the Upton ... ( read original story ...)
Hong Kong stocks open lower after HKMA raises interest rate
Hong Kong stocks opened lower on Thursday after the city’s de facto central bank followed a US decision and lifted the base interest rate. Hong Kong’s benchmark Hang Seng Index dropped 0.4 per cent, or 103.6 points, to open at 25,772.3, while the Hang ... ( read original story ...)
A $664,000 Parking Spot Symbolizes Hong Kong’s Property Frenzy
HONG KONG — In many places, $664,000 can buy you a nice house. For that price in Hong Kong, you can buy a slab of concrete, roughly 17 feet long and 11 feet wide, to leave your luxury car. Hong Kong is now home to a very expensive parking spot ... ( read original story ...
How To Find a Quality Internship in Hong Kong? (A Global Business Boost)
Want to take your experience from paper and dorm rooms to real world experience? An experience is a great way to do that – and especially in a global city in Hong Kong. For me, internships during my time in college helped me define what it was I liked ... ( read original story ...)
HKMA raises rates after US Fed move, reiterates warning to home buyers
The Hong Kong Monetary Authority raised its base rate by 0.25 percentage points on Thursday morning, following the US Federal Reserve’s overnight move. In announcing the decision, HKMA chief executive Norman Chan Tak-lam reiterated his warning to Hong ... ( read original story ...)
Hong Kong stocks set to open lower after interest rate rise
Hong Kong stocks look set to open lower on Thursday after the city’s de facto central bank followed a US decision and lifted the base interest rate. The Hang Seng Index futures spot June contract lost 0.2 per cent, or 42 points, to 25,700 in the pre ... ( read original story ...)
Parking space sold for record $664K in Hong Kong
Last month, a Hong Kong tycoon bought an entire carpark building for $3 billion in the city’s central business and shopping district. Hong Kong property is consistently ranked among the world’s most unaffordable, and prices continue to soar. ( read original story ...)
Hong Kong plans for a city that’s growing older
Planners here still see Hong Kong that way. But they also are looking at the long-term trends, and grappling with a force they cannot stop: Hong Kong is getting older. That’s true of both the city’s people and its built environment — a phenomenon ... ( read original story ...)
A Scenario-Based Guide to Hotels for Business Travel in Hong Kong
A quick, no-nonsense guide to where to stay for business trips in one of the world’s most spectacular cities: Hong Kong. This is the first of several articles highlighting where to stay on business in some of the world’s most interesting cities. ( read original story ...)
Hong Kong biotech start-up claims world first in stem cell treatment of Alzheimer’s and Parkinson’s diseases
Oper Technology, a Hong Kong biotechnology start-up, has pioneered what it claims is a world first in stem cell treatment that it says could potentially help millions of patients suffering from Alzheimer’s and Parkinson’s diseases. The business was co ... ( read original story ...)
Singapore Is Beating Hong Kong As Asia’s Best Place To Do Business
You expect rivalry between Hong Kong and Singapore. Both are well-off former British colonies in Asia with clean governments and a free-port approach to foreign investment – on which they heavily depend for economic development. Both have a city-like in ... ( read original story ...)
RISE: Ready To Put Hong Kong’s Startup Ecosystem Back On The Global Map
One of the most efficient ways to boost the Hong Kong startup ecosystem is by hosting large scale tech and startup events. An upcoming conference, which is truly putting Hong Kong firmly on the global map, is RISE. Produced by Web Summit, RISE is the ... ( read original story ...)
Why Hong Kong businesses need its neighbours’ soil and worms to boom
Hong Kong should embrace what its mainland neighbours have to offer and do more to augment innovation and the adoption of new technology to ensure that it remains a key business gateway between China and the rest of the world, speakers at a South China ... ( read original story ...)
Shape up and keep up, business leaders tell Hong Kong at forum
Hong Kong should strive for the title of Asia’s cultural hub as well as have the courage to break out of its comfort zone, according to panel members at the “Celebrating Hong Kong’s Coming of Age” conference organised by the South China Morning ... ( read original story ...)