Category: BUSINESS

Yuan deposits in Hong Kong have dropped 46 per cent from their peak of December 2014, and analysts see no end in sight for the exodus, as the currency continues to devalue. However, they also believe any damage to the city’s reputation as a leading ... ( read original story ...)

What do travellers usually do when they visit Hong Kong? The answers may vary, but most are not hard to guess. Eating and shopping are high on most lists, especially for visitors from other Asian countries. The Hong Kong Tourism Board (HKTB) wants visitors ... ( read original story ...)

Hong Kong is a global playground for business and leisure travelers who revel in the idea of mysterious thrills around each and every corner. An economic powerhouse with the style to match, this ever-changing city welcomes visitors from all ends of the ... ( read original story ...)

BREAKING: Chinese tycoon 'in contact' with family and business after vanishing from Hong Kong https://t.co/dYnO9PaSfc pic.twitter.com/1fUA0ss8Zf — SCMP News (@SCMP_News) February 4, 2017 It remains unclear why Xiao was detained but the case bears ... ( read original story ...)

The Chinese tycoon who vanished from the Four Seasons Hotel in Hong Kong last week – and is now believed to be on the mainland assisting several investigations – is in contact with his family and business, sources have told the Post. They said Xiao ... ( read original story ...)

The Hong Kong government supports plans by the city’s stock exchange to launch a new platform to attract technology and new economy companies to list, according to a minister. “Attracting high quality companies to list in Hong Kong is important to the ... ( read original story ...)

The dumplings were late, but hungry Hong Kong customers were willing to wait. Three food truck operators made their debut on Friday under a two-year pilot scheme that will eventually see 16 trucks serving their specialties at designated locations ... ( read original story ...)

Forget fancy buildings and go for start-ups at low rents in the Lok Ma Chau Loop, the Hong Kong government has been told. Instead of buildings with shiny glass walls and elaborate designs, like those run by Hong Kong Science and Technology Parks at Tai Po ... ( read original story ...)

A Chinese billionaire, who was supposedly protected by eight female bodyguards, has vanished in Hong Kong, amid speculation he has been abducted by agents of Beijing. Xiao Jianhua, a former student leader turned financier who founded the Tomorrow Group ... ( read original story ...)

HONG KONG - Mystery surrounds the whereabouts of a Chinese-born Canadian billionaire reportedly seized in Hong Kong by mainland Chinese police, in a case that could rekindle concerns about overreach by Chinese law enforcement in the semiautonomous city. ( read original story ...)

Hong Kong stocks opened lower at the start of the Year of the Rooster on Wednesday, as investors returned from a four-day holiday weekend to catch up with recent losses for global equities amid concerns over US President Donald Trump’s controversial ... ( read original story ...)

Hong Kong stocks may head lower on the first trading day of the Year of Rooster on Wednesday, as they return from a four-day holiday weekend to catch up with recent losses for global equities amid concerns over Donald Trump’s tightening of US immigration ... ( read original story ...)

Over the past 12 months, in our efforts to open a business bank account, our Hong Kong startup was rejected by no less than four banks. Our crime? We were told our business was “too young” for a bank account, which is curious since startups tend to be ... ( read original story ...)

Gordon is formerly a senior partner with McKinsey and is now a senior advisor to the firm. Joe is Managing Partner of McKinsey’s Hong Kong office. Nick is Managing Partner of McKinsey’s Greater China Practice. ( read original story ...)