According to consulting firm McKinsey & Co., music streaming users in Asian countries, including Hong Kong, Malaysia, Singapore, Indonesia, and the Philippines, are ( read original story ...)
FEATURE: Grabbing a ride
HONG KONG (China Daily/ANN) - Co-founder of Southeast Asia’s ... that Tan returned to Malaysia to work with McKinsey & Company, one of the world’s leading consultancy firms. The job would lay the seeds for Grab’s genesis. Working into the early ... ( read original story ...)
Trump should look to China for infrastructure inspiration
According to a June study by the McKinsey Global Institute ... But what fascinated me was the Shanghai Hongqiao airport, from which I flew to Shenzhen, near Hong Kong. I expected something modest, but this airport was massively expanded for the Shanghai ... ( read original story ...)
Shanghai Corporate Avenue 3 Officially Named Infinitus Tower
In December of last year, LKKHPG entered into a sale and purchase agreement to acquire the Property in a consideration of RMB 5.7 billion through a joint venture between the respective subsidiaries of LKKHPG and Vanke Property (Hong Kong) Company Limited ... ( read original story ...)
Asia is developing differently from the rest of the world for music streaming, says Tencent’s Poshu Yeung
It’s interesting how the Asia market is developing differently from the rest of the world, and McKinsey has identified several ways ... such as Coach in Hong Kong. We’re also working closely with the labels to create platforms for them to meet local ... ( read original story ...)
China’s tourists: Economics, the environment and what they want
The People’s Republic of China now has 116 million middle class and wealthy households, compared to just 2 million in 2000, according to McKinsey, a global consultancy ... where Chinese-born residents (including from Hong Kong and Macau) make up the ... ( read original story ...)
Want To Launch A Business Startup? Why Not Base It In Hong Kong
Since Hong Kong started operating as a free port, it has emerged as an unbeatable financial hub. It is the undisputed fort that every investor would dream of as a Launchpad to fire a business to regional and international realms. For startups, Hong Kong ... ( read original story ...)
Why Hong Kong start-ups find it hard to raise funds
Hong Kong’s strange financial dilemma is that despite easily ... That seed capital will allow ideas to be sorted out into investable business plans. Staging near-religious, reality show style incubator conferences are only as useful as the amount of ... ( read original story ...)
Hong Kong to ban ivory trade by 2021
On Wednesday, Hong Kong government announced that its three-step plan to phase out domestic ivory trade by the end of 2021 was approved by the Chief Executive in Council. The legislature amendments will be tabled before the Legislative Council during the ... ( read original story ...)
Dismiss thriving desert hub Dubai at your peril
And I concede that Dubai has built a powerful and – for now – successful business model which teaches some important lessons, and from which we in Hong Kong might valuably learn. As China has extended its international reach, in particular towards the ... ( read original story ...)
Canadian investors find real estate strategy shifts along with Chinese economy
“The demand is strong, it almost builds itself,” said Jimmy Phua, who heads Asian real estate investments for the Canada Pension Plan Investment Board from the Hong Kong office. “But as the market matures and competition increases, then it becomes a ... ( read original story ...)
Hong Kong and mainland markets end lower amid thin turnover, stall in Wall Street rally
Hong Kong and mainland Chinese stocks fell on Friday, tracking US stock indexes lower amid thin turnover on the final trading day before Christmas. The Hang Seng Index ended down 0.28 per cent or 61.44 points at 21,574.76. The Hang Seng China Enterprises ... ( read original story ...)
China stocks slip on expected regulatory tightening; US data shakes Hong Kong
Hong Kong equities dipped to five-month low on the last trading ... as well as brokerages’ alternative investment business, the latest efforts to contain financial risks. Meanwhile, market sentiment was hurt by a tumble in coal prices, which knocked ... ( read original story ...)
A Goldman you've never heard of is selling its shares in Hong Kong
Hong Kong's central business district: The other Goldman, incorporated only last month, is based away from the glimmering skyscrapers in a gritty suburb on the other side of the harbour. Photo: Bloomberg The Chinese name of Goldman Sachs, which combines ... ( read original story ...)