HONG KONG: A rare Picasso painting on auction for the first time made its debut in Hong Kong at the start of a global tour on Tuesday and is expected to fetch $50 million, auction house Sotheby’s said. The painting – “Femme au beret et a la robe ... ( read original story ...)
Overseas founders drive many HK startups
A growing number of startus in Hong Kong have overseas founders, the Financial Secretary, Paul Chan Mo-po said today at the StartmeupHK Venture Forum. Citing a surey by InvestHK's, he said there has been a 16 percent increase in start-ups in the past year ... ( read original story ...)
SuperCharger, Standard Chartered name 10 fintech startups in their 2018 accelerator programme
Also Read: These 13 startups have made it to the second batch of Plug and ... verification and pricing. gini (Hong Kong) – Personal financial management An app that helps customers manage their personal finances and rewards them for it. ( read original story ...)
XRL to start with direct links to 18 mainland cities
People in Hong Kong will be able to travel directly to over a dozen mainland ... for the XRL could be passed before the summer recess so that train services can start in the third quarter as scheduled. ( read original story ...)
Chinese Bitcoin Exchange BTCC Bought By Hong Kong Investors
Bitcoin startup BTCC, China's first Bitcoin exchange, has been acquired by Hong Kong blockchain investment fund, the company said in a statement. The move comes amid the ongoing regulatory crackdown on cryptocurrencies by Chinese officials. The terms of ... ( read original story ...)
Hong Kong-based blockchain investment fund acquires bitcoin startup BTCC
BTCC, the company behind the longest-running bitcoin exchange, has announced its acquisition by a Hong Kong-based blockchain investment fund. The terms of the deal have not been disclosed yet. “Today’s acquisition is an incredible milestone for BTCC ... ( read original story ...)
HONG KONG: Happy Valley Wednesday selections
2 Golden Sleep ran well last start and can figure. #5 Daring Heart had things against last start and should be forgiven for that effort. RACE 4: THE HONG KONG FOOTBALL CLUB CENTENARY CUP #3 London Master drew wide last time out at Sha Tin and wasn’t ... ( read original story ...)
Why the Hong Kong bull market is set to run and run
Let’s start with the economics. International investors have long ... and the prices of Chinese stocks listed in Hong Kong. But the dreaded crisis has not materialised. Far from it – mainland authorities appear to have successfully engineered a soft ... ( read original story ...)
The First “Belt and Road International Food Expo (Hong Kong)” Seeks to Provide New Opportunities for Food Industries Around the World
HONG KONG–(BUSINESS WIRE)–The Belt and Road Initiative (BRI) provides a visionary blueprint for global economy in the 21st century, brings new opportunities to promote prosperity and development of emerging countries and economies along the scheme. ( read original story ...)
Hong Kong Golf Club helps to uphold city’s business-friendly image
In response to your article on the study to reclaim, for housing purposes, the land on which the Hong Kong Golf Club stands (“5,000 flats could be built on Hong Kong golf course, government study finds”, January 7), I wish to express my view from a ... ( read original story ...)
Hong Kong’s Exchange Fund posts best returns ever, thanks to global stocks rally
Hong Kong’s Exchange Fund, the city’s reserves and cash war chest for defending its currency’s value, has posted its best investment return ever, thanks to buoyant global stock markets. The Exchange Fund posted total returns of HK$252 billion last ... ( read original story ...)
Fintech startups: A comparison of Israel and Hong Kong
Israel is known as the ‘startup nation’ and more and more entrepreneurs there are turning their creativity to the FinTech arena. With the exception of Silicon Valley, Israel is the world’s top incubator for startups — and fintech is increasingly ... ( read original story ...)
As M&A deals for Hong Kong insurers triples in 2017, all eyes are now on MetLife
“The insurance market continues to be both appealing and a growth sector especially with regards to mainland related business. The trend for Hong Kong insurers to be takeover targets will continue,” Pogson said. MetLife Hong Kong is reportedly the ... ( read original story ...)
Design incubator boosts startups
I hope my video can be seen everywhere. Voiceover: Mr Lau teamed up with friends to launch a multimedia video production startup company in Hong Kong four years ago. They joined the Design Incubation Programme last year and received sponsorship to open an ... ( read original story ...)