HONG KONG (Reuters) - Around seven percent of Hong Kong’s total exports could be impacted if the United States imposes a new round of trade tariffs on China, the city’s Commerce and Economic ... ( read original story ...)
Hong Kong fitness industry moves further towards pay-as-you-go pass model
Number of gyms in Hong Kong up 35 per cent in eight years The latest iteration ... A recent study from management consulting firm McKinsey & Company estimates the “subscription e-commerce” industry wa... ( read original story ...)
‘Business won’t grow as fast as rents’: small Hong Kong shops face hazy future near West Kowloon high-speed rail terminus
Tam Yee-kan sees a hazy future for the congee and dessert store he has operated for three decades at Ferry Point in Hong Kong. The sole proprietor of Tong Shui Dong, which is just a stone’s throw from ... ( read original story ...)
Typhoon signal No 3 issued as winds strengthen in Hong Kong with Tropical Storm Barijat’s approach
The Hong Kong Observatory issued the typhoon signal No 3 at 12.20pm on Wednesday as Tropical Storm Barijat moved closer to the city. The alert means that strong winds are expected or are blowing gener... ( read original story ...)
Hong Kong Wealth Assets Seen Doubling in China-Fueled Expansion
Hong Kong’s wealth managers expect to double the money they handle over the next five years, benefiting from China’s rich looking to diversify their holdings. Assets under management will hit about $2 ... ( read original story ...)
Hong Kong stocks continue descent into bear-market territory
Hong Kong’s Hang Seng index fell 0.5 per cent ... In Tokyo, the Topix dropped 0.7 per cent as the key industrials segment fell 1 per cent and financials was down 0.9 per cent. Seoul’s Kospi index also ... ( read original story ...)
HK startup to offer pet insurance online
OneDegree, a Hong Kong-based online insurance startup, said it has closed a Series A funding round, led by major insurers and technology firms. Under the arrangement, OneDegree will initially get HK$1... ( read original story ...)
Hong Kong exchange could be beneficiary of trade war as mainland tech start-ups shun home and New York markets for IPOs
The pick up in IPO business in Hong Kong is significant, given the high stakes involved. In 2017, Shanghai eclipsed Hong Kong for the first time in both the number of IPOs and the amount of capital ra... ( read original story ...)
Hong Kong’s first pure digital insurance venture, Tencent-backed Blue, to start selling policies
Hong Kong’s first purely digital insurance company will start selling policies in the city from Wednesday, looking to use its direct selling capability to offer lower prices in the crowded local marke... ( read original story ...)
Hong Kong now boasts more super-millionaires than New York
Hong Kong has officially surpassed New York City as the place with the highest concentration of super wealthy people. Hong Kong has seen a 31 per cent increase in the number of ultra-rich residents wo... ( read original story ...)
Aspect Financials Appoints New Senior Asset Manager
HONG KONG, September 11, 2018 (Newswire.com) - Aspect Financials is pleased to announce the appointment of Andrew McIntosh to Senior Asset Manager (SAM) of Aspect Financials’ Private Client Division, ... ( read original story ...)
HSBC to bolster Asia private banking headcount, double client assets
HONG KONG (Reuters) - HSBC Holdings Plc (HSBA.L) aims to increase its Asia private banking headcount by two-thirds in five years and double client assets in eight as it eyes a bigger share of the ... ( read original story ...)
HSBC offers green rebate on loans
Companies that purchase equipment or invest in related projects which help the global transition to a low-carbon economy are eligible to apply, regardless their industry or size, said Terence Chiu, he... ( read original story ...)
Signal No 3 to be issued if Tropical Storm Barijat edges closer to Hong Kong as Super Typhoon Mangkhut looms in distance
The Hong Kong Observatory will consider issuing typhoon signal No 3 on Wednesday if Tropical Storm Barijat edges closer to the city and brings strong winds but it also warned Hongkongers to brace them... ( read original story ...)