China’s Fosun Tourism Group, operator of the Club Med holiday business, on Friday said it has raised US$428 million in its initial public offering (IPO), pricing shares at the bottom of a marketed ran... ( read original story ...)
With financial losses of HK$2.2 billion and more than 9,000 cyberattacks so far this year, Hong Kong finds itself a top target of hackers
In one such case, a Wan Chai woman was fleeced out of HK$180 million over four years. E-banking fraud is another common tech crime affecting residents. The Hong Kong Monetary Authority issued warnings ... ( read original story ...)
Hong Kong is planning a £47bn city in the sea
The foundation commissioned consulting firm McKinsey and others to research their plan, and announced in August that in the “best-case” scenario the first inhabitants could move into housing in 11 yea... ( read original story ...)
Hong Kong fears Trump will trigger end to special trading status
Hong Kong business groups are starting to worry the Trump administration will open the door to ending the financial hub’s preferential trade status, rendering it “just another Chinese city ... ( read original story ...)
HSBC tightens e-wallet app security after PayMe breach allowed access to 20 accounts holding HK$100,000
HSBC has responded to an email scam in which 20 accounts were illegally accessed through its PayMe system by adding extra layers of security to the e-wallet app. On Friday, Hong Kong’s biggest bank sa... ( read original story ...)
Top Hong Kong judge calls for urgent reboot of democracy movement in city at forum on rule of law
The democratic movement in Hong Kong needs a reboot, a top judge told a forum on the rule of law in the city. Expressing concerns over judicial autonomy, Mr Justice Kemal Bokhary, of the Court of Fina... ( read original story ...)
Hong Kong’s building boom in tiny flats fizzles out as T-Plus in Tuen Mun gets the cold shoulder
Hong Kong’s era of low mortgage rates ended in September, as banks raised borrowing costs after key interest rates increased in lockstep with the US Federal Reserve’s tightening monetary policy. A Jul... ( read original story ...)
Jackie Chan’s sprawling business empire: chairmanship with Hong Kong-listed company, links with Chinese tycoon, and antique collection
Martial arts star Jackie Chan has established a sprawling business empire as he rose from a movie stuntman to one of the best-known Chinese actors during his career of more than five decades in the fi... ( read original story ...)
360 Global Business Leaders attend the 19th Hong Kong Forum
HONG KONG, Dec, 08 2018 - (ACN Newswire) - The latest business opportunities in Asia come into sharp focus at the 19th Hong Kong Forum, which opened today at the Hong Kong Convention and Exhibition Ce... ( read original story ...)
Hong Kong fears Trump will end city’s special trading status
HONG KONG (BLOOMBERG) - Hong Kong business groups are starting to worry the Trump administration will open the door to ending the financial hub's preferential trade status, rendering it "just another ... ( read original story ...)
Hong Kong is planning a city in sea
The foundation commissioned consulting firm McKinsey and others to research their plan, and announced in August that in the “best-case” scenario the first inhabitants could move into housing in 11 yea... ( read original story ...)
Sa Sa Chairman and CEO Dr Simon Kwok Named “DHL / SCMP Hong Kong Business Awards 2018 – Business Person of the Year”
HONG KONG, CHINA - Media OutReach - 7 December 2018 - Sa Sa International Holdings Limited ("Sa Sa" or the "Group", stock code: 0178) is pleased to announce that its Chairman and CEO Dr Simon Kwok was ... ( read original story ...)
HSBC responds to PayMe breach that cost customers HK$100,000 by tightening security for e-wallet app
HSBC has responded to an email scam that saw money stolen from customers using its PayMe system by adding extra layers of security to the e-wallet app. On Friday, Hong Kong’s biggest bank said users w... ( read original story ...)
Club Med’s Chinese owner Fosun Tourism raises $428 million in HK IPO
HONG KONG (Reuters) - China’s Fosun Tourism Group, operator of the Club Med holiday business, on Friday said it has raised $428 million in its initial public offering (IPO), pricing shares at the bott... ( read original story ...)