About 150 runners from 14 athletic groups donned Father Christmas outfits for the “Santa Hash” race last Sunday. The run is an annual affair to support Operation Santa Claus, the charity campaign join... ( read original story ...)
Hong Kong finance chief Paul Chan expects bumper year for tourism and pledges support for sector amid US-China trade war
Hong Kong’s top financial official says the government will work to help the tourism sector keep growing as a major part of its efforts to stabilise the economy to offset the effects of the US-China t... ( read original story ...)
Hong Kong scam victim sends HK$5.9 million to mainland Chinese bank account in latest con by ‘law enforcement officers’
A 24-year-old man has become the latest victim of a growing spate of phone scams in Hong Kong after being swindled out of nearly HK$6 million (US$767,800) by con men posing as law enforcement officers ... ( read original story ...)
SFC to receive personal details of mainland investors trading Hong Kong shares via stock connect
Mainlanders who trade Hong Kong shares via the stock connect scheme will have their personal information shared with the Hong Kong regulator for the first time, under a new agreement. The China Securi... ( read original story ...)
World’s longest bridge further blurs lines between China and Hong Kong
External Link: Hong Kong-Macau Bridge map (ABC News) The area is intended to be developed into an international centre of "scientific and technological innovation", while still adhering to the princip... ( read original story ...)
How McKinsey Has Helped Raise the Stature of Authoritarian Governments
At the time, McKinsey’s client, Ping An, was preparing for an initial public offering in Hong Kong. The Wen family and its business associates became secret shareholders of Ping An, having acquired th... ( read original story ...)
Hong Kong police probe bomb-threat emails demanding US$20,000 in bitcoin
Hong Kong police were on Friday night investigating emailed bomb threats intended to extort “security fees” in cryptocurrenty, part of a wave of cyber scams targeting people across the world. The emai... ( read original story ...)
Tanzania eyes Hong Kong money men as it touts itself as place Chinese businesses can use to dodge trade war tariffs
“There’s no way that we can hesitate to attract investment from China and Hong Kong, as a special administrative region,” he said. According to Wu, finding funding for those projects would be conducte... ( read original story ...)
Tips for building a global business from the founder of billion-dollar start-up Klook
Building a business is no easy feat, much less establishing one with ... across 100 countries each month and it ranks as one of the few start-ups born in Hong Kong to reach the much-coveted $1 billion ... ( read original story ...)
Hong Kong aims to build ILS market
Hong Kong is aiming to create an insurance-linked securities market ... to enable them to manage their expense ratios on reduced margins on the underlying business. “At the same time, there will be mo... ( read original story ...)
Bank AL Habib Rolls Back its Operations in Hong Kong
Bank AL Habib has rolled back its operations in Hong Kong through its subsidiary AL Habib Credit & Finance. The management of the bank completed the process of deregistration of AL Habib Credit ... ( read original story ...)
Exclusive: China Development Bank supervising HNA asset sales – sources
HONG KONG/BEIJING (Reuters) - China Development Bank (CDB) is leading a team to supervise HNA Group's asset disposals as the heavily indebted conglomerate scales back operations to a point that will l... ( read original story ...)
For the US, Hong Kong is already ‘just another mainland city’
Hong Kong had always been extraordinarily compliant with American demands, even long after the 1997 handover. From clearing customs cargos to overhauling banking practices under tough American standar... ( read original story ...)
Mobile Payments Users in For Accountless, Hassle-Free Time with Bank of China
This can often lead to a lot of hassle for mobile payments users, but Bank of China Hong Kong is taking one big step to help make mobile payments a lot simpler. As of only recently, BOC Pay users no l... ( read original story ...)