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 fall on Friday, posting the biggest weekly loss in two months
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 trumps Singapore again to be world’s freest economy for 24th year straight, US think tank says
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 ...)
Australia’s Entersoft Named Fintech Startup of the Year & Outstanding Application Security Solutions Provider at the 2018 Fintech Awards
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 ...)
Operator of Okashi Land stores to open unmanned outlet in China with start-up partner EasyGo
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, China stocks brace for more downdraught
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 ...)
New business matching platform to unlock Hong Kong’s startup potential through financing
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 ...)
Hong Kong stocks kick off February trade with a running start
Hong Kong’s main stock index rose in early trade on Thursday to extend monthly gains, as China Overseas Land & Investment and property developers perked up gain after the US Federal Reserve kept borrowing costs unchanged. The Hang Seng Index added 0.2 ... ( read original story ...)
Beijing envoy in Hong Kong urges preparedness against ‘significant political and legal incidents’ this year
A senior Beijing envoy has warned Hong Kong to be prepared against “certain significant political and legal incidents” this year, while describing the city’s top official as having got off to a good start since taking office last July. Huang Lanfa ... ( read original story ...)
Australian Startup Checkbox Dubbed Winner of the Next Money Fintech Finals 2018
The competition was part of the 2018 StartmeupHK Festival in Hong Kong. According to the competition’s organizers, a total of 22 startups from around the world had four minutes each to pitch their business in front of a live audience to a panel of ... ( read original story ...)
Hong Kong bomb experts deployed after unexploded bomb found
HONG KONG (AP) — Hong Kong police sealed off part of a busy downtown neighborhood on Wednesday after an unexploded wartime bomb was found during construction work in the Asian financial center. Explosive ordinance disposal officers deployed to the scene ... ( read original story ...)
BOC Hong Kong : BOCHK extends business hours of designated branches before Chinese New Year
Bank of China (Hong Kong) Limited ("BOCHK") today announced that its 14 designated branches* would extend business hours to 6 pm on 13 and 14 February 2018 for providing its customers with added convenience before Chinese New Year. In addition, BOCHK ... ( read original story ...)
Hong Kong stocks fall for third day as US declines outweigh 18 months of expansion in China manufacturing
Hong Kong stocks fell for a third day on Wednesday, after an overnight rout in US equities – spurred by a jump in treasury yields – offset a gauge showing that China’s manufacturing industry had expanded for an 18th straight month in January. ( read original story ...)
Possibilities of collaboration with start-ups bring big companies to co-working spaces in Hong Kong
An increasing number of companies in Hong Kong are moving into co-working spaces, drawn by opportunities for collaboration with start-ups. Collaborating with start-ups as a way of keeping up with digitalisation, drawing in millennial talent and the cost ... ( read original story ...)