(Photo: Infiniti) INFINITI LAB 3.0 recently concluded its nine-week program with a successful Demo Day held at Loft 22, in Hong Kong’s Central district. INFINITI LAB is designed to empower ambitious startups to reach their full potential. The program ... ( read original story ...)
24 Startups from Across the Globe Selected to Compete at Fintech Finals 2018
Cash prize of US$10,000 on offer for Best in Show Winner HONG KONG, Dec. 20, 2017 /PRNewswire/ -- 24 startups from around the world will be competing for the chance to win a cash prize of US$10,000 at Fintech Finals 2018 in Hong Kong on 30-31 January ... ( read original story ...)
Hong Kong’s underused military land a potential goldmine – but a minefield for government
HONG KONG (Reuters) - As Hong Kong seeks more land to help ease a worsening housing crisis, some lawmakers and activists are urging officials to take a fresh look at little-used swathes of more than $100 billion worth of real estate controlled by the ... ( read original story ...)
Hong Kong traders expect stocks to open lower after two days of gains
Hong Kong stocks are expected to open lower on Wednesday, as the Hang Seng Index futures spot December contract lost 0.4 per cent, or 120 points, to 29,127 in the pre-opening session. On Tuesday, US stocks pulled back from record closes, after the House of ... ( read original story ...)
Hong Kong stocks shrug off Fed hike, Chinese data
The three biggest H-shares percentage decliners were Postal Savings Bank of China Co Ltd which ... at a premium of 28.66 percent over the Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng index was 13.33 as of the last full trading ... ( read original story ...)
Hong Kong Airlines starts USA service
Cathay Pacific Airlines will launch nonstop service September 16 between Hong Kong and Washington Dulles worldwide airports ... while regional carrier Cathay Dragon will start 4X-weekly service to Nanning in mainland China in January 2018. ( read original story ...)
Edward Leung quits localist group Hong Kong Indigenous ahead of riot trial
quit the radical group Hong Kong Indigenous on Monday, one month before the start of an 80-day trial over rioting charges. In a statement on Facebook, Hong Kong Indigenous, which was cofounded by Leung, announced that he had resigned as he wanted to spend ... ( read original story ...)
This Chinese startup’s electric SUV is a lot cheaper than Tesla’s
HONG KONG (CNNMoney) - Competition is heating up for Tesla in the world's biggest market for electric cars. Shanghai-based startup NIO is the latest Chinese company to try to get in on the action. It unveiled a 7-seater electric SUV at a glitzy launch ... ( read original story ...)
Students threaten to escalate action after pro-Beijing professor set to be reappointed at Hong Kong university
The University of Hong Kong appointed Professor Zhang Xiang as the next vice ... students about the situation and request to meet university governors when classes start in January or at the next council meeting in February. Students have been at odds ... ( read original story ...)
Hong Kong risks losing listings crown to New York
Hong Kong is poised to lose its title as the leading global venue ... 2017 came as a major boost to the exchange and paved the way for other fast-growing tech start-ups to follow suit. Ken Fong, a research head at Dealogic, said another key reason for ... ( read original story ...)
Li Ka-Shing’s VC firm initiates first Hong Kong investment
[Photo/VCG] Horizons Ventures, founded by Hong Kong's richest man Li Ka-Shing, led a Series Pre-A round investment in artificial intelligence startup Fano Labs, marking its first investment in a Hong Kong-based company, according to US tech media ... ( read original story ...)
Bank on UBS to raise laughs – and HK$1.7 million – for a worthy cause
It was time for UBS staff to take a break for charity, dressing up and enjoying themselves at a Christmas party on the 52nd floor of the International Finance Centre in Central. Many staff members also bought along their families to join the event themed ... ( read original story ...)
This is what the banking job market in APAC was really like in 2017
Recruiters in Hong Kong, Singapore and Sydney reveal the realities of the job market this year. https://news.efinancialcareers.com/sg-en/302960/apac-banking-jobs-2017/ If they’re not on holiday already, banking recruiters across Asia Pacific are ... ( read original story ...)
China Zheshang Bank : GRANTING OF BANKING LICENSE BY THE HONG KONG MONETARY AUTHORITY
The board of directors (the "Board") of China Zheshang Bank Co. Ltd. (the "Bank") is pleased to announce that the Bank has been granted a banking license by the Hong Kong Monetary Authority on December 19, 2017 and thus becomes a licensed bank in Hong Kong. ( read original story ...)