JWT Hong Kong’s Ruby Lee has joined mcgarrybowen Hong Kong as business director. Lee has over 20 years experience in advertising and worked with clients like HSBC, Coca Cola, P&G, CSL, SONY and adidas. In her new role, she will be working to strengthen ... ( read original story ...)
Startup Gets Thumbs-up from Alibaba’s HK Entrepreneurs Fund
Ready to Grow With its creative idea and potential to grow, Origami Labs took home US$120,000 in Asia’s first “Elevator World Tour” last October – a startup pitching competition organized by Hong Kong Science and Technology Parks Corporation and ... ( read original story ...)
Hong Kong 'keen on investment'
Mr Lo said the May 8-9 visit by investors reflects the intentions for concrete investment and a desire to cooperate both with the Thai government and business partners. "Many investors from Hong Kong have already invested in Thailand, but some really want ... ( read original story ...)
Hong Kong exchange operator hopes for third time lucky when it comes to gold futures
Hong Kong Exchanges and Clearing will undertake in the third quarter its third attempt to launch a gold futures contract after two previous failures, but traders have mixed views on its chances for success. HKEX, which operates the local stock and futures ... ( read original story ...)
Hong Kong business groups fight to keep pension offset mechanism with new proposal
The battle to scrap a controversial arrangement where bosses dip into workers’ pension funds for severance and long-service payments is set to continue on Friday, with Hong Kong’s five major business chambers proposing to keep the practice but increase ... ( read original story ...)
Hong Kong business groups fight to keep pension offset mechanism with offer of 1 percentage point rise in contributions
Hong Kong’s five major business chambers have proposed keeping a controversial arrangement where bosses dip into workers’ pension funds for severance and long-service payments, in return for them increasing their contributions to employees ... ( read original story ...)
Hong Kong stocks set for weak start; traders wary following commodity plunge
Hong Kong stocks were set for a weaker start on Friday, with traders spooked by an overnight collapse in oil prices. The Hang Seng futures spot May contract dropped 0.38 per cent or 94 points to 24.474, while the Hang Seng China Enterprises Index futures ... ( read original story ...)
Demand drives fastest expansion in three years for Hong Kong business despite mainland headwinds
Hong Kong’s private sector grew at its fastest rate in more than three years last month thanks to increased global demand for products and services, and despite headwinds from the mainland. The Nikkei Hong Kong Purchasing Managers’ Index, which gauges ... ( read original story ...)
Hong Kong could become the next 'demographic time bomb'
Hong Kong is quickly becoming the next demographic time bomb. Economists use "demographic time bomb" to refer to places where consumer spending and the national birth rate are both low. Often, they're entangled in a vicious cycle: As people feel the ... ( read original story ...)
Hong Kong stocks lower at midmorning amid surge in Fed rate tightening expectations
Hong Kong stocks fell on Thursday, as traders digested the increased likelihood of a US rate rise in June. The Hang Seng Index opened at 10,150.37 and proceeded to fall, giving up 0.37 per cent. The Hang Seng China Enterprise Index was also down ... ( read original story ...)
Alibaba launches US$3m start-up competition with Cyberport and Hong Kong Science and Technology Parks
Alibaba’s not-for-profit initiative, the Hong Kong Entrepreneurs Fund, is teaming up with the city’s Cyberport and Hong Kong Science and Technology Parks on a US$3 million start-up competition to help nurture the city’s growing start-up scene and ... ( read original story ...)
As China’s Investors Rush In, Hong Kong Shares Take a Wild Ride
HONG KONG — Meitu had been a snoozer of a stock since listing in Hong Kong in December. Then investors from mainland China had a chance to buy in. Almost immediately, shares of Meitu, a Chinese smartphone app maker, jumped 80 percent in a week — then ... ( read original story ...)
$3 Million at Stake in Entrepreneur Fund Startup Challenge
The Alibaba Hong Kong Entrepreneurs Fund Thursday kicked off a $3 million startup competition to help young companies build up their businesses and promote Hong Kong as a center for innovation and entrepreneurialism. In conjunction with Hong Kong Cyberport ... ( read original story ...)
CNBC Transcript: Oliver Tonby, Managing Partner, Southeast Asia, McKinsey & Company
Following is the transcript of a CNBC interview with Oliver Tonby, Managing Partner, Southeast Asia, McKinsey & Company. The interview was broadcast on CNBC on 27 April 2017, during CNBC's "Hong Kong versus Singapore" theme week. All references must be ... ( read original story ...)