The Hong Kong government has launched a HK$2 billion ($256 million) Innovation and Technology Venture Fund (ITVF) to stimulate interest from venture capital (VC) funds, in a bid to support local innovation and technology startups. The government and each ... ( read original story ...)
Hong Kong plays catch up in Asean after two decades of wasted opportunity
Beijing had cut a deal that for many south east Asian companies removed any need to channel their China business through Hong Kong. The second big signal was Xi Jinping’s Belt and Road initiative, unveiled in 2013. If Beijing was giving such priority to ... ( read original story ...)
Start-ups from Hong Kong Science Park demonstrate innovative solutions at TechCrunch Disrupt SF 2017
SAN FRANCISCO, Sept. 15, 2017 /PRNewswire/ Hong Kong Science and Technology Parks Corporation ("HKSTP") is proud to showcase a range of pragmatic disruptive technologies from Hong Kong start-ups at TechCrunch Disrupt SF 2017. From supporting key business ... ( read original story ...)
Hong Kong waste paper firms go on strike as new mainland rules threaten their survival
Hong Kong’s waste paper exporters warned of a wave of business closures in the next few months as they began a week-long strike on Friday over import restrictions in mainland China that have crippled their work. Complaining that they were still waiting ... ( read original story ...)
MTR accused of stealing tech startup’s ideas
MTR Corp. has been accused of copying an idea from a small tech startup and using it in its smartphone app, the Hong Kong Economic Journal reports. MTR Mobile, the train operator’s app, has recently added a new function called Fast Exit, which is ... ( read original story ...)
Navigating risks in project finance
McKinsey senior partner Roberto Fantoni sat down with leaders ... Lincoln Leong, chief executive officer, MTR Corporation: In our case, at MTR in Hong Kong, this model means we’re developing properties above our stations and above our depots. ( read original story ...)
MTR accused of stealing app ideas from Hong Kong start-up
The company that runs Hong Kong’s railways has been accused of stealing ideas from a small tech start-up and using them in its smartphone app, after meeting staff from the company over a possible collaboration. But the MTR Corporation said it had been ... ( read original story ...)
Financial globalization hits a more stable, inclusive stride
In this episode of the McKinsey Podcast, McKinsey Global Institute partner ... would be countries like Luxembourg but also the Netherlands, Ireland, Singapore, Hong Kong, and a few others. Janet Bush: Interesting. Eckart, can we assume that the instability ... ( read original story ...)
See Hong Kong using the world’s longest outdoor escalator system
Hong Kong (CNN) — Exploring Hong Kong's bustling Central business district on foot can be quite the challenge. The area's hilly landscape, combined with subtropical heat and smothering humidity would test the stamina of a mountaineer. Luckily ... ( read original story ...)
Call to introduce tax relief for Hong Kong business groups as part of reform
A top government financial advisory body has proposed to allow business groups in Hong Kong to transfer losses among their subsidiaries as part of a planned reform to encourage innovation in companies through tax relief. The move comes ahead of Chief ... ( read original story ...)
Yes, post-secondary education makes you rich, but that may not be the best part: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China ... the Canadian managing director of international consultants McKinsey, higher levels of education and better income equality ... ( read original story ...)
Why Hong Kong Airlines Will Have An Inconsistent A350 Business Class Product
Hong Kong Airlines just recently took delivery of their first A350, which should allow them to expand significantly. This December Hong Kong Airlines will begin A350 flights between Hong Kong and Los Angeles, and in 2018 they plan on adding flights to ... ( read original story ...)
Mastercard Announces New Leadership in Hong Kong, Macau, Taiwan and Korea
Dongchun worked for McKinsey and Company for over eight years, providing counsel to financial institutions and industrial conglomerates. He brings with him a background in investment banking and private equity from Salomon Smith Barney in Hong Kong and ... ( read original story ...)
Ex-McKinsey Strategy Consultant Highlights Role of Artificial Intelligence and Deep Learning to Counter Cyber Security Threats in Real Time
He has presented his workshops in Singapore, Hong Kong, Sao Paulo, Seoul ... and a strategy consultant at McKinsey & Co. in New York City. Previously, he managed Operations and Technology for Peruval Finance. Mr. Perez has an undergraduate degree in ... ( read original story ...)