Category: BUSINESS

Hong Kong’s markets watchdog is investigating 15 banks and securities ... UBS has said that the SFC’s action could lead to a suspension for its IPO sponsoring business. In a prophetic warning, last month the Swiss bank’s global investment banking ... ( read original story ...)

HONG KONG - Hong Kong will step up support for technology development and small business, Chief Executive Carrie Lam pledged in her first policy address since assumed the city's highest office more than three months ago. Lam noted on Wednesday that Hong ... ( read original story ...)

HONG KONG: In her maiden policy speech Hong Kong’s Chief Executive Carrie Lam on Wednesday warned the city faced “grave” challenges and must develop a diversified and high value economy, unveiling a mix of housing and tax relief policies to raise ... ( read original story ...)

Pulling in close to news of Hong Kong startup GoGoVan’s merger with 58 Suyun – a deal that reportedly makes the combined group worth $1 billion – another Hong Kong-based startup, Lalamove, announced its Series C funding of $100 million, led by ... ( read original story ...)

(Corrects to clarify figure in first paragraph refers to Hong Kong dollars) HONG KONG, Oct 11 (Reuters) - Hong Kong will cut company profits tax to 8.25 percent for the first HK$2 million of earnings, Hong Kong's Chief Executive Carrie Lam said in her ... ( read original story ...)

When people talk about cities seeming futuristic, generally they mean it in a positive way. But Hong Kong — a wealthy metropolis plagued with an affordable housing crisis — shows what could happen as cities get more crowded. According to United ... ( read original story ...)

The Day of German Unity reception was held yesterday (9 October) and, like in previous years, the welcoming speech did not fail to bring laughters while keeping current affairs in mind with optimism. Leading the celebration was Dieter Lamlé, the new ... ( read original story ...)

Taking a startup from the idea phase, building a team, validating your assumptions, then developing a prototype, all in 54 hours, isn’t easy. But that’s precisely what ten teams in Hong Kong’s leg of Global Startup Weekend, focusing on Artificial ... ( read original story ...)

Likewise, the China Securities Regulatory Commission will provide the SFC with investor identification for mainlanders trading Hong Kong stocks via the stock connect, Alder said. The new regulations will be implemented from the middle of next year. ( read original story ...)

Citi Ventures announced on Monday it welcomed 60 university students from Hong Kong to its San Francisco office in September ... partners with entrepreneurs to make strategic investments in start-ups that are developing solutions across Data Analytics ... ( read original story ...)

The March of the Volunteers will ring out from Hong Kong Stadium on Tuesday night ... Under Fifa rules, it is not necessary to play the national anthem before the start of an international match if both teams and the match commissioner agree. ( read original story ...)

Hundreds of thousands of Hong Kong’s long distance bus and rail commuters will get special public transport fare discounts under a concession scheme to be outlined by Chief Executive Carrie Lam Cheng Yuet-ngor ... Sources have confirmed the government is ... ( read original story ...)

An American Airlines flight from Hong Kong to Los Angeles was canceled Monday after fire broke out next to the aircraft while the plane was parked at the gate. A piece of loading equipment ignited while in the process of loading cargo into the hold of the ... ( read original story ...)

It’s even appeared in a few movies itself. And now it’s time for Hong Kong’s famous Jumbo Floating Restaurant to get a facelift, according to the owner, Melco International Development. “Last time we had a major refurbishment was 15 years ago. ( read original story ...)