Hong Kong stocks fell on Thursday, as traders digested the increased likelihood of a US rate rise in June. The Hang Seng Index opened at 10,150.37 and proceeded to fall, giving up 0.37 per cent. The Hang Seng China Enterprise Index was also down ... ( read original story ...)
Alibaba launches US$3m start-up competition with Cyberport and Hong Kong Science and Technology Parks
Alibaba’s not-for-profit initiative, the Hong Kong Entrepreneurs Fund, is teaming up with the city’s Cyberport and Hong Kong Science and Technology Parks on a US$3 million start-up competition to help nurture the city’s growing start-up scene and ... ( read original story ...)
As China’s Investors Rush In, Hong Kong Shares Take a Wild Ride
HONG KONG — Meitu had been a snoozer of a stock since listing in Hong Kong in December. Then investors from mainland China had a chance to buy in. Almost immediately, shares of Meitu, a Chinese smartphone app maker, jumped 80 percent in a week — then ... ( read original story ...)
$3 Million at Stake in Entrepreneur Fund Startup Challenge
The Alibaba Hong Kong Entrepreneurs Fund Thursday kicked off a $3 million startup competition to help young companies build up their businesses and promote Hong Kong as a center for innovation and entrepreneurialism. In conjunction with Hong Kong Cyberport ... ( read original story ...)
CNBC Transcript: Oliver Tonby, Managing Partner, Southeast Asia, McKinsey & Company
Following is the transcript of a CNBC interview with Oliver Tonby, Managing Partner, Southeast Asia, McKinsey & Company. The interview was broadcast on CNBC on 27 April 2017, during CNBC's "Hong Kong versus Singapore" theme week. All references must be ... ( read original story ...)
These Asian cities are becoming smarter, but at what cost?
McKinsey chose Singapore as the Asian hub for its Digital Capability Center, which trains the workforce to keep up with the disruptions of the fourth industrial revolution. Hong Kong's Yang, meanwhile, said innovations in manufacturing technology could ... ( read original story ...)
Hong Kong-based startup, Oddup aims to expand into India
Hong Kong-based startup focused research platform Oddup has secured $6 million in its Series A round of funding led by Brand Capital, the investment arm of Indian media conglomerate The Times Group. The round also saw participation from existing investors ... ( read original story ...)
China, Hong Kong drive insurer AIA Group's new business in first quarter
AIA Group Ltd (1299.HK), the world's third-largest life insurer by market value, posted a 55 percent rise in its new business in the first quarter, helped by a surge in sales in China and Hong Kong. Over the past seven years, the company has expanded ... ( read original story ...)
Big business gave significant donations to Hong Kong chief executive-elect Carrie Lam
Hong Kong’s incoming leader, Carrie Lam Cheng Yuet-ngor, received much of her HK$18.7 million in election donations from business leaders, who also mobilised their wives, children and staff to bankroll her campaign. It came as no surprise that the ... ( read original story ...)
A startup that connects people to experts from all over the world just raised $4m
Hong Kong-based Lynk, an online service that connects enterprise ... They include C-level executives, scientists, engineers, independent consultants, and specialist advisors. The startup’s services are available through subscription or other payment ... ( read original story ...)
Hong Kong stocks join global rally to open higher
Hong Kong stocks opened higher on Wednesday, joining a global equity rally on Tuesday night, driven by the optimism over centrist Emmanuel Macron winning the first round of the French presidential election. The Hang Seng Index opened up 0.4 per cent ... ( read original story ...)
Review: United Business Class 777-300ER San Francisco To Hong Kong
I boarded through door L2, which is between the two Polaris cabins. United’s Polaris cabin on the 777-300ER is massive, with a total of 60 seats. There are 28 seats ahead of the second set of doors, and 32 seats behind the second set of doors. I was in ... ( read original story ...)
Hong Kong, China stocks end higher at midday, tracking gains in Europe and US markets
Hong Kong and mainland stock markets rose at the midday break on Tuesday, after European and US markets rallied overnight in the wake of first round voting in France’s presidential election, but brokers urged caution, warning of uncertainties ahead. ( read original story ...)
Start-up dreams start here for Hong Kong entrepreneurs
The graduation on Monday of the Hong Kong Science Park’s largest incubation programme for technology companies is living proof that you are never too young, or too old, to live your dream. Seventy-year-old Dr Peter Wai Ming-sau, general manager of DME ... ( read original story ...)