Category: BUSINESS

Alibaba has expanded its investment portfolio in Hong Kong and has chosen Qupital to be its first FinTech investment in the city. Accessing cash when you need it the most is critical for the success of any business, especially startups and SMEs. ( read original story ...)

And it now appears growing numbers of mainland Chinese consumers are doing similar on trips to Hong Kong, although maybe not in English Channel volumes, as the higher duties imposed on wine and spirits there are creating a similar phenomenon. ( read original story ...)

Market watchers said this reveals that a growing number of companies are hoping to deepen their business presence in the Greater China market, but these moves are not a guaranteed success. As Osim prepares its initial public offering (IPO) in Hong Kong as ... ( read original story ...)

Power Assets (formerly Hongkong Electric) is 82% while Hong Kong & China Gas’ share is 57%. Chinese utilities may be attracted by the city’s low risk and stable returns. Gas business in Hong Kong likely to continue unregulated growth Hong Kong gas ... ( read original story ...)

If Hong Kong can relocate more reinsurance business activities here, its robust financial system and proximity to the mainland can be leveraged to develop the reinsurance business, experts say. According to the FSDC report, the mainland's reinsurance ... ( read original story ...)

The Hong Kong market is likely to open higher on Monday after futures rose in the city ahead of the release of a set of key Chinese economic data. The Hang Seng Index futures May contract rose 0.4 per cent, or 103 points to 25,166 in the pre-trade session ... ( read original story ...)

Load Error With the hopes of further boosting its wealth management presence in Singapore and Hong Kong, OCBC Bank entered into an agreement to acquire National Australia Bank's (NAB) Private Wealth business in the two cities. OCBC will be having access to ... ( read original story ...)

In reality, if you are familiar with the situation in Hong Kong, the latest raid seems more like part of a well planned campaign aimed at crashing every business that does not belong to the big business. This is normally done through insanely expensive ... ( read original story ...)

"Most of the attacks are arriving via e-mail, so there are many 'landmines' waiting in people's in-boxes," said Michael Gazeley, managing director of Network Box, a Hong Kong-based cybersecurity company. In China, the world's second-largest economy ... ( read original story ...)

Airlines welcome proposal for walkway which would connect main airport building to an isolated terminal, saying it will further improve passenger experience at one of world’s most highly rated airports A Cathay Pacific aircraft flies near Hong Kong ... ( read original story ...)

Before this role, Jaehne was a director at Fitch Ratings and a senior research analyst at McKinsey and Company ... professionals operating out of Australia, New Zealand, Hong Kong and the US," Warner said. Vanguard, meanwhile, is currently advertising ... ( read original story ...)

According to a report by the McKinsey Global Institute ... Sydney ranks number two, after Hong Kong, with a multiple of 12.2. The median-priced Sydney home costs $1,077,000, while the median income is $88,000. Melbourne came in sixth with a multiple ... ( read original story ...)

In all the countries surveyed (including China, Hong Kong, Taiwan, Italy and Germany), most consumers ... That insight comes off the back of a study last year from McKinsey & Company, which showed that annual clothing production exceeded 100 billion ... ( read original story ...)

“The dominance of the Taobao and T-Mall ecommerce platforms initially helped make Alipay the default digital wallet in China,” said Jeff Galvin, partner at McKinsey in Hong Kong. “But now, as Chinese spend more and more time in the WeChat ecosystem ... ( read original story ...)