A Hong Kong lawmaker revealed a plan to report HK$50 million in past business dealings involving the city’s former leader to Britain’s corruption-fighting agency this week. Democratic Party lawmaker Lam Cheuk-ting said he hoped to raise the matter ... ( read original story ...)
China’s new non-party liaison chief aims to boost support from Hong Kong business groups
The Chinese Communist Party has appointed the former party chief of the coastal province of Fujian to take charge of its relations with non-party groups at home and abroad, including Hong Kong and Taiwan. State media reported on Tuesday that You Quan had ... ( read original story ...)
Starting young in business: pupils, 14, pay HK$20,800 for stall at Hong Kong’s Lunar New Year fair
A group of 14 year olds on Tuesday showed how youth can trump experience by securing one of the coveted market stalls at Hong Kong’s Lunar New Year fair next year. The three pupils from Po Leung Kuk Tong Nai Kan Junior Secondary College in Sham Shui Po ... ( read original story ...)
MetLife Hong Kong Launches the Third Family Health Day
Both MetLife Limited and Metropolitan Life Insurance Company of Hong Kong Limited are authorized insurers carrying long term business in Hong Kong. ( read original story ...)
$5bn Li Ka-shing deal shows mainland appetite for Hong Kong offices
"We expect the vacancy rate in Hong Kong's Central business district to remain the lowest among all at around 2%," Lau wrote in a report published on Monday. The overall vacancy rate for the city's grade-A offices is about 5%. Cathie Chung, national ... ( read original story ...)
Startup Accelerator Betatron Launches Cohort Two, Investing In Eight More Hong Kong Companies
For early-stage startups, raising a seed round from angel investors can sometimes be easier than expected, especially in a city like Hong Kong where the average wealth per individual is relatively high. But taking a startup to the next level and closing a ... ( read original story ...)
Hong Kong’s hottest IPO in a decade just turned supernova with top-end pricing
Tencent unit China Literature, mainland China’s largest online publishing and e-book website, is on schedule to complete the second-largest internet business IPO in Hong Kong this year, after pricing its HK$8.3 billion Hong Kong listing at the top end of ... ( read original story ...)
Hong Kong business activity falters as China orders shrink
Hong Kong’s private sector notched a second month of expansion in October but at a far slower pace than just one month earlier as demand from China shrank, according to an industry survey. The Nikkei-Markit purchasing managers’ index for Hong Kong’s ... ( read original story ...)
Hong Kong’s war chest swells as market rally boosts nine-month income to record HK$189.8 billion
Hong Kong’s Exchange Fund, the city’s reserves and cash arsenal for defending the currency, posted a record investment income of HK$189.8 billion in the first three quarters of this year, boosted by a rally in global stock markets, according to Hong ... ( read original story ...)
Hong Kong’s Exchange Fund posts record investment income for first nine months, thanks to stock market rally
Hong Kong’s Exchange Fund, the city’s reserves and cash arsenal for defending the currency, posted a record investment income of HK$189.8 billion in the first three quarters of this year, boosted by a rally in global stock markets, according to Hong ... ( read original story ...)
Hot AI Startup In Hong Kong Hits Unicorn Status And Shows The Way For More To Spring Up
The buzz in tech and venture circles in Hong Kong today is about the emergence of home-grown Hong Kong startups that have reached unicorn or $1 billion-plus status in financing. Their names are instantly recognizable in these circles: logistics service ... ( read original story ...)
50-foot ‘coffin homes’ and an £87 million townhouse deal highlight the scale of inequality in Hong Kong
House prices in Hong Kong are among the highest in the world, but it's also one of the world's most unequal cities. Its poorest residents have been priced out of the property market: Hong Kong's poor residents have just 50 square feet of living space per ... ( read original story ...)
HKSTP’s Elevator Pitch Competition Attracts Keen Global Interest Showcasing Hong Kong’s Rising Profile as a Start-up Hub
Strengthening Hong Kong's entrepreneurial spirit, 100 technology start-ups from around the world take a unique opportunity to meet potential investors HONG KONG, Nov. 3, 2017 /PRNewswire/ -- Hong Kong Science and Technology Parks Corporation (HKSTP) held ... ( read original story ...)
Need start-up funding? Cyberport rolls out network to help connect young companies with investors
Cyberport will spearhead a network aimed at more effectively connecting investors with start-ups based in Hong Kong to help boost the entrepreneurial landscape in the city. The Cyberport Investors Network (CIN) currently has over 50 funds and investors and ... ( read original story ...)