31/5/2016 – FinFabrik, a provider of specialized software-as-a-service for financial institutions, announced today that Mark Brady joined the company as its Chief Investment Officer to support the strong growth trajectory across the region, particularly ... ( read original story ...)
Hong Kong’s startup market turning toxic for investors
HONG KONG -- Hong Kong's venture-oriented Growth Enterprise Market sank to a new low in May despite the global stock boom, having lost investors' confidence amid the history of controversies surrounding its component stocks. The S&P/Hong Kong GEM Index is ... ( read original story ...)
Hong Kong crowned world’s most competitive economy, beating Singapore
Hong Kong has been crowned the world’s most competitive economy for the second year running, ahead of Switzerland and Singapore, in an annual report from the International Institute for Management Development. The Swiss business school ranked Hong Kong ... ( read original story ...)
Birkin bag sells for record $380,000 at Hong Kong auction
HONG KONG — Christie's says a luxury handbag has shattered the world auction record in Hong Kong. The auction house didn't identify the buyer of the matte white crocodile skin Hermes Birkin bag with 18 karat gold and diamond hardware at Wednesday's sale. ( read original story ...)
LCQ7: Offshore renminbi business in Hong Kong
Following is a question by the Hon Chan Chun-ying and a written reply by the Secretary for Financial Services and the Treasury, Professor K C Chan, in the Legislative Council today (May 31): Question: The Financial Secretary has indicated in his Budget ... ( read original story ...)
Singapore-based adtech startup AdAsia Holdings expands to Hong Kong; aims to list there
FINAL DAY! Enjoy Earlybird #ECASIA2017 tickets to the best of APAC's tech scene! ENJOY 27% OFF NOW Singapore-based adtech company AdAsia Holdings has announced the launch of its Hong Kong office. Leveraging on its AdAsia Digital Platform and CastingAsia ... ( read original story ...)
Quam IR Awards in Hong Kong
The award presentation ceremony of Quam IR Awards 2016 (QIRA) successfully took place on 25 May, 2017 at Four Seasons Hotel Hong Kong. Business elites of the awarded listed companies received the distinction, shared their joy at the ceremony. Eminent ... ( read original story ...)
Hong Kong needs around-the-clock gold trading
For the Hong Kong Exchanges and Clearing (HKEX) to be successful in its plans for gold trading, longer trading hours are needed as mainland and international customers are likely to need 24-hour servicing, according to leading traders in the yellow metal. ( read original story ...)
Money launderers leave a stench in Hong Kong’s enforcement charade
Hong Kong and Macau have launched simultaneous shake-ups of the systems they have in place to tackle the growing menace of money laundering. --SCMP, May 27 A news story is the opposite of a Swedish novel. With Stieg Larsson, you get 300 pages of character ... ( read original story ...)
China’s import regime dominates debate at BIR Hong Kong
There were even rumours that Chinese imports of film scrap could be halted as early as September this year, he told delegates to the BIR plastics committee meeting in Hong Kong. During any hiatus in shipments to China, no other county in the region would ... ( read original story ...)
Hong Kong’s Exchange Fund makes huge HK$57.1b investment gain in first quarter
The Exchange Fund, reserves held to defend the Hong Kong dollar, made a huge HK$57.1 billion (US$7.33 billion) investment gain during the first quarter of the year – a 137 per cent increase on last year at this stage (HK$24.1 billion ) – thanks to ... ( read original story ...)
Lenovo’s struggling mobile business sets sight on high-end market
which need brands and innovative products, whereas emerging markets need efficiency," Chairman Yang Yuanqing said of Lenovo's mobile business at a press conference in Hong Kong on Thursday. "So we will have two teams catering to the two kinds of markets ... ( read original story ...)
Airline review: Qantas business class, Sydney to Hong Kong
For full functionality of this site it is necessary to enable JavaScript. Here are the instructions how to enable JavaScript in your web browser. Boeing 747-400; Qantas has retained nine of this aircraft in its fleet, with reconfigured cabins along the ... ( read original story ...)
HK financial secretary questions Moody’s over downgrade
HONG KONG: Moody’s Investors Service’s decision to downgrade Hong Kong’s debt rating last week was based on “shallow” evidence, Hong Kong financial secretary Paul Chan wrote in a blog. “The evidence on which the ratings company mechanically ... ( read original story ...)