Category: BUSINESS

Those in Hong Kong’s private sector finally have a reason to smile, with a key market indicator showing growth in December after 21 months of decline, though the improvement was not due to a surge in output or new business, but to other contributing factors. ( read original story ...)

The festival will showcase Hong Kong’s vibrant start-up ecosystem with the help of a range of event organisers, local and international firms, and private and public sector support. Click here for festival details. ( read original story ...)

Many market players support the proposal that Hong Kong launch a new board to attract more technology firms from the Chinese mainland and overseas but have mixed views on how to set rules for this new market. The need for a new market came to light after ... ( read original story ...)

The number of technology start-ups in Hong Kong increased 24 per cent last year, a government survey found, as more young people embraced entrepreneurship. InvestHK said the number of start-ups rose from 1,558 in 2015 to 1,926 in 2016, with local ownership ... ( read original story ...)

Jan 3 Hong Kong stocks advanced on the year's first trading day on ... Investor confidence was lifted after a private business survey showing China's factory activity picked up more than expected in December as demand accelerated. But gains in the city ... ( read original story ...)

Postal Savings Bank of China Chairman Li Guohua poses during the listing of the bank, the world's biggest initial public offering in two years, at the Hong Kong Stock Exchange in Hong Kong, China. Reuters/Bobby Yip Hong Kong will continue to rank top ... ( read original story ...)

TempoGO, an Internet of Things (IoT) and SaaS solution for commercial transportation, has raised US$825,000 in seed funding, led by K2 Capital of Hong Kong. Founded in 2015, Mumbai-based TempoGO provides IoT and Saas solutions for the transportation industry. ( read original story ...)

As an example, it’s been very popular in 2016 to visit Hong Kong, buy single-premium life-insurance policies (with a value of up to $100 million!) using renminbi, and then use a variety of means to monetize the policy in US dollars. The credit-card ... ( read original story ...)

As a result Hong Kong and Singapore are rising challengers to London, according to the Bank of England’s quarterly bulletin, which studied data from the Bank of International Settlements. London hosted 37pc of global foreign exchange trading, down from ... ( read original story ...)

Positive economic data and new year’s spirit lifted both the Hong Kong and mainland markets as the first trading day of 2017 closed, but analysts warned more uncertainties lie ahead in the new year than in 2016. The Hang Seng Index (HSI) opened slightly ... ( read original story ...)

In 2012 he apologised for separate allegations that he accepted inappropriate gifts from business friends in the form of trips on luxury yachts and private jets. The trial comes at a time when residents are losing faith in Hong Kong's leaders, as a string ... ( read original story ...)

... they loathe in Hong Kong Chinese is their complete lack of empathy for the world outside of Hong Kong. The serial inability of government and business leaders to make decisive policy changes to arrest a downward spiralling economy is a laughable ... ( read original story ...)

Wildlife campaigners have urged Hong Kong authorities to fast-track the phasing out of the city’s ivory trade, warning of a surge in illegal business after the mainland announced a total ban within a year. WWF Hong Kong yesterday contrasted Beijing’s ... ( read original story ...)

The consultancy McKinsey & Co. is reportedly tracking more than 2,000 ... similar to the United Kingdom, Australia, Hong Kong and Singapore. ( read original story ...)