Smartkarma, a Singapore-based financial technology company, has opened a Hong Kong office this month with the ambition to challenge high-cost investment research services of traditional financial institutions. Chairman and co-founder Jon Foster expects ... ( read original story ...)
Hong Kong pro-establishment legislators plan fresh drive to block oath taking
Hong Kong’s deeply divided legislature is heading for another ... In a column he wrote for pro-Beijing newspaper Ta Kung Pao, Business and Professionals Alliance lawmaker Jeffrey Lam Kin-fung urged Leung not to give the pair a second chance and reminded ... ( read original story ...)
Meet Hong Kong’s game-changing women in tech
Much like the tech industry itself, the app business tends to be dominated by men, though we’re happy to say that’s not always the case. In fact, some of Hong Kong’s most innovative, game-changing apps have been brought into existence by female ... ( read original story ...)
Hong Kong Banks Plan Mortgage Valuations on Blockchain
In a bold and encouraging move forward, HSBC along with The Bank Of China Hong Kong have publicly addressed their plans to implement blockchain technology in select mortgage services and property valuation models by mid-November 2016. This veer towards the ... ( read original story ...)
Will Hong Kong’s street hawkers be saved by government licences or see their trades die?
As of last month there were 166 such license holders in Hong Kong, one of whom is in Kwun Tong. Tradesmen issued a license would be able to continue conducting business legally at the site, or choose a site from the district’s existing vacant hawker pitches. ( read original story ...)
Typhoon Haima leaves one dead in Hong Kong as city counts the cost
But Typhoon Haima, named after the Chinese word for sea horse, may have cost the city an estimated HK$5 billion in lost business, and Hong Kong International Airport was left with a backlog of hundreds of cancelled or delayed flights. Watch: Typhoon Haima ... ( read original story ...)
Hong Kong ad spending continues to fall amid sluggish economy
The advertising industry in Hong Kong could be headed for its worst year in more than a decade, as spending on campaigns fell for the third consecutive quarter at the end of September. Data published by media-monitoring company admanGo on Thursday showed ... ( read original story ...)
China stocks cautiously higher as yuan hits six-year low; Hong Kong market closed amid typhoon
Meantime, Hong Kong’s stock market was closed due to a typhoon – the second time this year bad weather has forced a halt to trading. The Shanghai Composite Index opened lower and bounced between small gains and losses for the day, before closing up 0.2 ... ( read original story ...)
Century Global pleased with China progress
Century Global Commodities Corp. (CVE:CNT) said it is very pleased with the growth in revenue, product range and customer base in the company’s food business in Hong Kong, China where Century relocated its headquarters. The move to Hong Kong was in line ... ( read original story ...)
Where all those ex-RBS employees in Hong Kong ended up working
Around this time last year RBS was busy cutting its Hong Kong headcount as the city became a mere sales office, mainly serving UK corporate clients doing business in Asia. And as we reported then, several other banks were vying to hire people exiting the ... ( read original story ...)
Hong Kong cancels stock trading as Typhoon Haima lashes city
It’s the second time this year the Hong Kong markets have closed because of weather disruption. Business was halted on August 2, when Typhoon Nida hit the city. Some brokerages have contingency plans to ensure they can trade other Asia Pacific markets ... ( read original story ...)
Hong Kong Scraps Morning Trading as Typhoon Haima Approaches
It’s the second time this year the Hong Kong markets have closed because of weather disruption. Business was halted on Aug. 2, when Typhoon Nida hit the city. Some brokerages have contingency plans to ensure they can trade other Asia Pacific markets from ... ( read original story ...)
AIA Group posts 27 percent rise in new business growth for third quarter
(Reuters) - AIA Group Ltd (1299.HK), the world's third-largest life insurer by market value, posted a 27 percent increase in new business in the third quarter helped by strong sales in its main markets of China and Hong Kong, the company said in a statement. ( read original story ...)
GolfTEC Arrives in Hong Kong
HONG KONG—GolfTEC has just introduced its first Golf instruction Centre to Hong Kong and has chosen to set up business in Central Hong Kong. This is the first of many it intends to open in South East Asian countries. For its 1st Hong Kong Centre has ... ( read original story ...)