Housing affordability: A supply-side tool kit for cities

Research from the McKinsey Global Institute has examined the scope of the ... pedestrian-friendly cityscapes. Places such as Hong Kong and Seoul have already intensified land use around transit stops. Seoul allows floor-area ratios that are up to 20 ... ( read original story ...)

Chinese luxury customer market to hit $1 trillion RMB by 2025

In a new report from McKinsey & Company, titled ‘Chinese luxury consumers ... Shopping overseas remains a key reason to travel, as Hong Kong remains the most prominent destination, followed by South Korea. Consumers have become considerably less keen ... ( read original story ...)

OFX Hires Mike Kennedy as President, North America

Before founding clearXchange, Mr. Kennedy was an Executive Vice President with Wells Fargo and an Engagement Manager at McKinsey & Co. He has a Master ... San Francisco, London, Hong Kong and Auckland. The OFX Group Limited is a publicly listed entity ... ( read original story ...)

China goes all out to be king of the electric car

Expecting a bonanza, investors have pushed BYD shares up by as much as 70% in the past month on the Hong Kong Stock Exchange ... first-time car buyers," according to a recent McKinsey report. "In all, China provides monetary subsidies that, for a ... ( read original story ...)