The government’s new tax initiatives were a good start towards fostering small and medium companies but more must be done to overcome Hong Kong’s overly “laissez-faire” attitude towards business, the Canadian Chamber of Commerce in Hong Kong ... ( read original story ...)
Hong Kong to drop new board plan, amend rules to let start-ups, dual-class companies raise funds
Hong Kong’s government has signalled that it intends to drop a plan to establish a new board on the city’s stock exchange for start-ups and companies with multiple-class shareholding structures to raise capital, choosing instead to amend existing rules ... ( read original story ...)
AIA Group’s new business climbs 20% helped by China, Hong Kong
REUTERS: AIA Group Ltd, the world’s third-largest life insurer by market value, clocked a 20 percent increase in new business in the third quarter aided by strong sales in its main markets of China and Hong Kong. China and Hong Kong together account for ... ( read original story ...)
Why mainlanders have lost their appetite for Hong Kong’s fast food
Now a frequent visitor to Hong Kong on business trips and holidays, Li said that while Cantonese food still appeals to her, Hong Kong fast food chains are no longer among her dining options. “I would still go to Cantonese restaurants such as Tao Heung ... ( read original story ...)
Hong Kong’s stocks fall first time in three days on concern gains were overdone
Hong Kong’s stocks fell for the first time in three days on concern that the gain on the benchmark gauge was excessive this year. The Hang Seng Index dropped 0.5 per cent, or 152.03 points, to 28,335.21 in morning trading. The Hang Seng China Enterprises ... ( read original story ...)
Hong Kong’s start-ups gather momentum after SenseTime, GoGoVan and Lalamove
Hong Kong attracted just over US$1 billion in tech venture capital deals, compared to US$2.2 billion in Singapore. While a business friendly environment bas been a catalyst for entrepreneurs - it also led to entrenched monopolies, start-up entrepreneurs ... ( read original story ...)
Terrifying, first-person photos show the claustrophobic conditions inside Hong Kong’s ‘coffin cubicles’
Hong Kong is in the midst of a housing crisis. As prices begin to rise and the city grows denser, some have resorted to living in the smallest of spaces. Since 2012, photographer Benny Lam has been documenting the housing situation in Hong Kong by ... ( read original story ...)
Gender disparity in the workplace, and what we can do about it
McKinsey released its annual Women in the Workplace report ... An APAC specific report is not available, and Hong Kong figures aren’t easily come by. However, we do know that there is a regional pay gap of more than 30 per cent according to a World ... ( read original story ...)
Hong Kong’s stock exchange to shut after more than 30 years as automated trade takes over
A floor trader checks printouts during afternoon trading at the Hong Kong Stocks Exchange January 31, 2000. Hong Kong stocks nosedived on Monday as strong U.S. economic growth data fuelled fears the U.S. Federal Reserve would move aggressively to choke ... ( read original story ...)
32 of Hong Kong’s hottest tech start-ups to watch in 2018
Hong Kong has always been about trade and in the 21st century a coterie of promising start-ups are keeping the tradition. Here’s just a few to sate your appetite. From Imperial China to the British Empire to the People’s Republic of China, the port ... ( read original story ...)
AIA Group’s new business climbs 20 percent helped by China, Hong Kong
(Reuters) - AIA Group Ltd (1299.HK), the world’s third-largest life insurer by market value, clocked a 20 percent increase in new business in the third quarter aided by strong sales in its main markets of China and Hong Kong. China and Hong Kong together ... ( read original story ...)
Hong Kong developer Swire jumps on to co-working space bandwagon
A number of corporate mentors from various sectors have offered time and advice for free to start-ups, Taylor said. Competition in the shared office market has heated up over the past two years, as major players have aggressively expanded into Hong Kong ... ( read original story ...)
Rich Asian Clans Are Pouring Money Into Technology Startups
(Bloomberg) -- In Hong Kong, 35-year-old Matthew Tai has been shifting part of his family’s fortune, built by his father and uncles in real estate, into a string of digital startups. Tai says he’s invested in crowd-funding platform FundHive ... ( read original story ...)
Why rich Asian clans are pouring money into tech startups
In Hong Kong, 35-year-old Matthew Tai has been shifting part of his family's fortune, built by his father and uncles in real estate, into a string of digital startups. Tai says he's invested in crowd-funding platform FundHive, a producer of ultra-thin LCD ... ( read original story ...)