Category: BUSINESS

Hong Kong’s mobile phone operators will soon begin issuing numbers starting with the “unlucky” digit 4 and the “lucky” digit 8, although they are so far keeping mum about how they will market these numbers to consumers who are both superstitious ... ( read original story ...)

Tesla is considering curbing its presence in Hong Kong if the city’s authorities don’t start offering EV buyers more incentives, a source close to the company told South China Morning Post. Last year, the daily notes, Hong Kong’s chief executive ... ( read original story ...)

It has recently emerged that Maritz signed a letter to consultancy firm McKinsey saying that the company’s R1 ... He also allegedly signed off on a R400 million payment to a Hong Kong bank account. ( read original story ...)

Hong Kong’s Mandatory Provident Fund has achieved its highest monthly return in almost two years, with a 4.35 per cent gain in January. It was the 13th consecutive month of gains for the compulsory retirement plan that covers 2.8 million employees and ... ( read original story ...)

A month after China shut down all of its ivory markets on the mainland, Hong Kong has implemented a plan to phase out its own ivory trade over the next three years. Ivory seized in London after it was smuggled from Nigeria to importers in Hong Kong and China. ( read original story ...)

Tobias Bland said that thanks to the impending launch of the weighted voting right governance structure by Hong Kong Exchanges and Clearing, he expected several Chinese technology “marquee players” – smartphone giant Xiaomi as well as leading fintech ... ( read original story ...)

American electric car maker Tesla is prepared to downsize its operations in Hong Kong if the government does not give residents incentives to buy battery-powered cars in its upcoming budget announcement, a source close to the company told the Post. ( read original story ...)

It has been reported that Huang Lanfa, a deputy director of the central government’s liaison office in Hong Kong, has praised Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor for having got off to a good start since taking office. Well, technically ... ( read original story ...)

Hong Kong stocks posted their biggest weekly loss in two months on Friday, closing lower than the previous session. Mainland stocks rose for the first time this week, but still logged their steepest drop since December 2016. The benchmark Hang Seng Index ... ( read original story ...)

Hong Kong scored high in the four areas taken into account by the index: rule of law, government size, regulatory efficiency, and open markets. A lower incidence of corruption and decrease in business registration fees lifted its overall score by 0.4 this ... ( read original story ...)

Founded in 2013, Entersoft describes itself as an application security startup with a philosophy of Security By ... in countries such as Singapore, Hong Kong, Israel and Australia. The company also reported that this is not the first time it has achieved ... ( read original story ...)

Hong Kong-listed Four Seas Group, the operator of the popular Okashi Land confectionery stores in the city, is hitching on the emerging unmanned stores bandwagon in China to expand its reach, according to its partner. EasyGo, a Guangzhou-based start-up ... ( read original story ...)

Hong Kong and Chinese stocks may still come under pressure on Friday, adding to a sell-off in the previous session, as the markets have yet to fully digest the implications of disappointing earnings prospects among smaller companies and the liquidation of ... ( read original story ...)

Hong Kong can! It just needs a little connecting power. Dr Winnie Tang looks at Hong Kong startups’ challenges and a solution from the Smart City Consortium. The Hurun Greater China Unicorn Index published last month by the Hurun Research Institute ... ( read original story ...)