Hong Kong faces a host issues in the property sector. While the residential supply constraints grab the headlines, there is also an acute shortage of grade A office space in the world’s most expensive ... ( read original story ...)
Technology push could open Hong Kong banks to more cyberattacks in 2019, KPMG says
The advent of virtual banking and the increased use of emerging technology could open Hong Kong’s banks to more risks of cyberattacks in the coming year, according to KPMG. In a new report, the accoun... ( read original story ...)
Eight leading corporate bankers you need to know in Hong Kong
Here’s a selection of some of the leading corporate bankers in Hong Kong. Tony Lee, head of corporate, commercial banking, HSBC Lee is the very definition of a loyal company man: he joined HSBC ... ( read original story ...)
Runaway Bus With No Driver Careens Through Hong Kong Intersection
HONG KONG — At least four people were killed and 11 more injured on Monday when an out-of-control school bus rolled down a Hong Kong street after the driver had exited the vehicle. Video footage taken ... ( read original story ...)
Hong Kong’s chief executive says she will keep the public purse away from bailing out the property industry
Hong Kong’s government, which has repeatedly warned against speculation in the world’s most expensive property market, said it would keep public money away from any bailouts of the industry, as the ci... ( read original story ...)
Accenture: Open banking gaining traction in Hong Kong
Half of commercial bank customers in Hong Kong already participate in open banking platforms, with 27% also planning to do so in 2019, according Accenture. The study issued by Accenture found that mos... ( read original story ...)
Why the founder of billion-dollar start-up GoGoVan isn’t in a hurry to buy his first home
"If I have money, I think I'd put it into some investment opportunity, other start-up, other great entrepreneurs, instead of buying a box in a building," said Lam. That's got something to do with the ... ( read original story ...)
Hong Kong on track for global IPO crown but many new listings sag
HONG KONG (Reuters) - Hong Kong is on course to take the global IPO crown this year for the most money raised in stock market flotations, narrowly ahead of arch-rival New York, but its new ... ( read original story ...)
Tumour mimicking machine by Hong Kong team wins prize at Asian edition of prestigious Swiss-based innovation awards
Their efforts finally paid off on Thursday when they took home two awards at the 1st Asia Exhibition of Inventions Hong Kong – an Asian offshoot of the International Exhibition of Inventions Geneva. S... ( read original story ...)
These senior bankers left global firms to join Bank of China in Hong Kong
Large Chinese banks have traditionally grown their own talent and found it difficult to lure senior bankers away from US and European institutions. But this is now changing, at least in Hong Kong ... ( read original story ...)
Hong Kong Should Use Its Financial Might to Fight Human Trafficking
Hong Kong is witnessing a growth in responsible investing that takes into consideration environmental, social and governance (ESG) factors. Can it leverage its financial hub status to become a regiona... ( read original story ...)
Hong Kong, China bourses reach deal on dual-class shares
HONG KONG (Reuters) - The Hong Kong stock exchange said on Sunday it had reached a consensus with its counterparts in Shanghai and Shenzhen on trading by mainland investors in Hong Kong-listed compani... ( read original story ...)
Hong Kong Customs blazes trail for women in law enforcement with first female officer tipped for top role
Lawrence Ho Ka-ki, assistant professor of social sciences at the Education University of Hong Kong, said such conventions hurt internal promotion opportunities and that female officers would now see m... ( read original story ...)
If China-US relations sour even further, don’t expect lobbying to help Hong Kong despite goodwill from some Americans towards city
At the gala dinner hosted by the foundation, many American guests, knowing that I was from Hong Kong, talked about their fond memories of our city. It made me proud. “I love Hong Kong,” former US amba... ( read original story ...)