Spotify targets Asia for growth ahead of listing

Here's why: Asia represents a big opportunity for music streamers, as only 14% of global digital music revenue comes from the region, according to McKinsey ... Malaysia, Hong Kong, and Indonesia is Tencent-owned Joox, and this is largely due to the ... ( read original story ...)

Visa eyes big bucks from ‘contactless payments’

According to McKinsey estimate, digital banking users will be around ... Over the past seven years, contactless payments have grown in Australia, Taiwan, New Zealand, Singapore and Hong Kong. For instance, in Australia, over 60 per cent of all face-to ... ( read original story ...)

Hong Kong EV Startup Touts Technological Edge

SHANGHAI – Thunder Power, a Hong Kong-based electric-vehicle startup, proclaims an ambitious goal: to make the most desirable EV in China. “An obvious difference between us and (U.S. EV maker) Tesla is we have the key technologies before actually ... ( read original story ...)

Search is on for top business talent in Hong Kong

The longest-running and most recognised business awards programme in Hong Kong, the DHL/SCMP Hong Kong Business Awards kicked off its 2017 campaign on Monday. There will be nine award categories this year – Business Person of the Year, Executive, Owner ... ( read original story ...)

Hong Kong stocks set to open lower after Wall Street retreat

Hong Kong stocks are expected to open lower on Tuesday morning as futures in the city traded lower after the US market retreated from record highs reached late last week. Hang Seng Index futures were down 0.12 per cent or 30 points to 25,635 in the pre ... ( read original story ...)

Offshore yuan term deposit rate tipped to soar in Hong Kong

Passersby walk in front of the main branch of Standard Chartered in Hong Kong. The bank is one of the lenders in the city that hiked the renminbi term deposit interest rates on Thursday. [Photo/Agencies] Financial analysts attribute prediction to high ... ( read original story ...)