In April, Standard Chartered officially opened its Hong Kong innovation lab, the eXellerator ... the next generation of FinTech entrepreneurs that could potentially shape banking trends.” Standard Chartered also launched SC Ventures this year. ( read original story ...)
When Hong Kong needs more land for housing and progress, why rule out reclamation and country park fringes?
Activists claim government-business collusion if land held by developers in the New Territories is released. They want to develop the Fanling golf course and the brownfield sites. But even then, there will still not be sufficient land for Hong Kong to ... ( read original story ...)
Xiaomi gets Hong Kong stock exchange approval for IPO; to raise over $10 bn
Xiaomi Corp. has won Hong Kong stock exchange approval for its planned initial public offering, which would be the first listing in the city with weighted voting rights, people with knowledge of the matter said. The smartphone maker passed its so-called ... ( read original story ...)
Mainland Tenants Only Care About Being in the Right Building Says Hongkong Land
Head of Office Space at Hongkong Land, whose company owns Jardine House and the Exchange Square complex, as well as several other prime buildings in the city’s Central business district. “Mainland Chinese demand doesn’t really care too much about ... ( read original story ...)
Hong Kong restaurant where it’s not about the money: Sammy’s Kitchen survives, sucks up 48pc rent rise – and cuts lunch prices
Ivy Yip Fung-yee, daughter of Sammy Yip, told the Post that some regular customers know the Hong Kong-style restaurant is still open ... but it turned out that business wasn’t moving until December, so the timing didn’t work for me. ( read original story ...)
Hong Kong contractor used metal cylinders instead of bricks in faked concrete tests for cross-border bridge
Technicians at a Hong Kong government contractor faked reports on the strength of concrete bricks used in a major cross-border bridge project because they were pressed for time and faced a manpower shortage, a court heard on Friday. Ng Kai-yiu, 64 ... ( read original story ...)
Shortage of HPV cancer drug Gardasil in Hong Kong prompts protest outside Merck offices in Causeway Bay
After months of unhappiness over a shortage of the HPV vaccine Gardasil 9 in Hong Kong, a group of women took their protests to the offices of the drug’s maker in Causeway Bay on Friday. Wearing face masks and carrying two large banners, about 20 ... ( read original story ...)
Tencent tumbles, weighing on Hang Seng index as US takes aim at Google’s ties with Chinese firms
Chinese internet conglomerate Tencent Holdings tumbled on Friday, dragging Hong Kong’s benchmark with it ... over its ties with Huawei and few other Chinese tech firms. The Hang Seng Index fell 1.8 per cent, or 554.42 points, to 30,958.21, halting ... ( read original story ...)
Gay rights failures are holding back Asia banking: Nisha Gopalan
In Asia, Singapore, Hong Kong and Tokyo risk falling short on measures two and three because of their backward attitude toward gay rights. In failing to recognize LGBT rights, each risks losing talent to places such as New York and London. That’s ... ( read original story ...)
SuperCharger HK 2018 raises US$14.4m and seals 47 commercial deals
technology companies and industry partners in Hong Kong and the region, to come together and explore new ways to solve business problems and create new value propositions. The Bank also launched SC Ventures this year. This is a new business unit set up ... ( read original story ...)
China policy bank reports over $100b loans to SCO countries
An employee counts Chinese one-hundred yuan banknotes at the Bank of China Hong Kong Ltd headquarters in Hong Kong, Nov 12, 2016. [Photo/VCG] BEIJING - China Development Bank (CDB), a major policy bank, has so far loaned more than $100 billion to members ... ( read original story ...)
Rewriting history? Hong Kong education turns political battleground
The culling of key phrases from a history textbook and a push to instil Chinese national identity in students has raised fresh concerns that education in Hong Kong is under pressure from Beijing, as it seeks to stamp out any hint of pro-independence sentiment. ( read original story ...)
Typhoon warning signal downgraded to No 1 as Tropical Storm Ewiniar moves away from Hong Kong
The Hong Kong Observatory downgraded its typhoon signal to No 1 on Friday afternoon as rain warnings were cancelled with Tropical Storm Ewiniar moving away from the city. The storm had triggered the No 3 typhoon signal at 12.40pm on Thursday, and the next ... ( read original story ...)
Hong Kong regulator fines HSIM for breach of fund rules
Hong Kong’s Securities and Futures Commission (SFC ... HSIM is the asset management arm of local lender Hang Seng Bank. The disciplinary action followed an independent review jointly agreed by the SFC and HSIM, according to a May 31 statement from ... ( read original story ...)