Category: BUSINESS

The former minister in charge of mainland affairs in Hong Kong has said the city’s government should kick start the process of national security legislation by July 2019, at the earliest. Raymond Tam Chi-yuen formally joined the race for one of 36 local ... ( read original story ...)

Bocom International, the investment banking arm of the Bank of Communications, has tied up with Hong Kong fintech firm FDT-AI to better understand investors’ behaviour and capture market opportunities based on artificial intelligence technology and big ... ( read original story ...)

Inspired by the members-only business model of the Hong Kong Jockey Club, Tencent-backed start-up NIO has just opened a 3,000 square metre “clubhouse” in an upmarket Beijing shopping district as part of a strategy to burnish its own brand and challenge ... ( read original story ...)

“I'm proud that we are able to leverage Teledyne e2v's successful experience of doing business in Asia and taking this important step to ensure we provide end-to-end technical and operational support to our customers via our regional hub in Hong Kong.” ( read original story ...)

Hong Kong restaurant operators Tsui Wah Holdings and Fairwood Holdings posted improved interim results for the six months ended September 30, citing lower costs and a better business environment as reasons for growth. Tsui Wah’s net profit rose to HK$48 ... ( read original story ...)

Mortgage lending rates rose in Hong Kong on Tuesday, as the city’s main benchmark lending rate hit a nine-year high amid strong demand for Hong Kong dollars. One-month interbank rates in Hong Kong rose to 0.9611 per cent, up from roughly 0.367 per cent ... ( read original story ...)

London offices have been knocked off the top spot. Unsplash/Aron van de Pol Mainland Chinese companies have been occupying more prime real estate in Hong Kong’s Central business district, inclusive of Sheung Wan, Central and Admiralty. They have expanded ... ( read original story ...)

Hong Kong’s retail landscape will see some disruption in no time as BingoBox, China’s burgeoning staff-less convenience stores, plans to bring its self-service concept to Hong Kong next year, targeting quieter neighbourhoods and suburbs. BingoBox is a ... ( read original story ...)

The Hong Kong government will step up efforts to promote innovation and technology. This was the message from Chief Executive Carrie Lam Yuet-ngor at the grand final of Alibaba’s startup competition Jumpstarter 2017 held in Hong Kong last week. ( read original story ...)

Chesterfield-based Reinsurance Group of America, a global life reinsurer, has invested in fintech startup Bitspark, based in Hong Kong. The company made its investment through its subsidiary RGAx, which focuses on new and emerging technology. The amount of ... ( read original story ...)

China’s securities regulator will suspend the approval of new mutual funds that are meant for investing in Hong Kong’s equity market, putting a temporary cap on southbound capital that has boosted the city’s benchmark stock index to a decade high. ( read original story ...)

After visiting the new Cathay Pacific lounge in Singapore’s brand spanking new terminal 4 it was off to Hong Kong. Cathay offers 8 flights a day non-stop to Hong Kong from Singapore and they also fly daily to Bangkok. I was on their third flight of the ... ( read original story ...)

Hong Kong shares closed lower on Monday, as investors largely shrugged off data showing profits at China's industrial firms continued to grow at a robust pace last month despite a slight cooling from a sizzling September. At close of trade, the Hang Seng ... ( read original story ...)

The 89-year-old should be prepared to hand out the cash. Sure, Hong Kong’s benchmark gauge closed above 30,000 on only one day last week, with the market being dragged down on Thursday by the worst stock rout in mainland China since June 2016. ( read original story ...)