Chinese smartphone maker Xiaomi awaits market judgment in its IPO. The company’s Hong Kong offering was priced at 17 Hong Kong dollars, which was on the low end of the expected range. Xiaomi has thriv... ( read original story ...)
Life annuity scheme launched
Voiceover: HKMC Annuity, wholly-owned by the Hong Kong Mortgage Corporation, launched the HKMC Annuity Plan which offers retirees a way to turn part of their savings into streams of stable income. The ... ( read original story ...)
HK$1m annuity plan for retirees opens for registration
The Hong Kong Mortgage Corporation launched the life annuity scheme today, called the "HKMC Annuity Plan," which HKMC says allows retirees to generate life-long income from a part of their savings. Th... ( read original story ...)
Hong Kong can be China’s data hub, says famed app developer
Hong Kong can become a regional data hub by taking advantage of the opportunities brought by China’s Belt and Road Initiative, famed app developer Jason Chiu said. Startups in the territory have been ... ( read original story ...)
Same-Sex Couples Entitled to Equal Visa Rights, Hong Kong Court Says
Banks and law firms had pushed for such recognition to lure and keep top talent in the financial and business center. “This judgment is a milestone for Hong Kong and a watershed moment” for gay rights ... ( read original story ...)
Don’t Expect Hong Kong’s Empty-Home Tax to Cool Property Prices
(Bloomberg) -- Hong Kong’s plan to tax unsold new apartments may have little effect on the city’s red-hot housing market. Taming Hong Kong’s soaring home prices has been one of the biggest challenges ... ( read original story ...)
Hong Kong digital bank Neat scores $2m funding boost
Fresh off a US$2 million funding round, Hong Kong-based digital banking startup Neat has launched its first product for small businesses. Singapore-based investor Dymon Asia Ventures and Montreal's Po... ( read original story ...)
China Tower Is Said to Start Gauging Demand for Hong Kong IPO
China Tower Corp., the state-owned wireless infrastructure operator, has started gauging investor demand for a proposed Hong Kong initial public offering that could be the city’s biggest since 2010, p... ( read original story ...)
Hong Kong’s IPO run will continue in second half of 2018: PwC
Hong Kong is expected to draw about 220 new listings this year, with the total fund-raising in the IPOs envisaged to be in the range of HK$200 billion to HK$250 billion, according to accounting and co... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) markets end mostly lower as China’s tech stocks slump
China’s yuan rose sharply against the dollar on Wednesday, a day after the central bank assured markets it would keep ... slid around 1 percent to a near 14-month low. In Hong Kong, the Hang Seng Inde... ( read original story ...)
Same-Sex Visa Win in Hong Kong Pressures Other Asia Finance Hubs
A landmark Hong Kong court ruling granting visas to spouses of gay expatriate workers will help fuel LGBT groups pressuring Singapore and Japan to change their policies as the global financial hubs vi... ( read original story ...)
Hong Kong court upholds ruling in favor of same-sex couple
HONG KONG – Hong Kong's Court of Final Appeal ruled Wednesday that the same-sex partner of a British expatriate is entitled to equal treatment under immigration law, marking a significant step for gay ... ( read original story ...)
British lesbian QT wins right to Hong Kong spouse visa
"The ability to bring in dependants is an important issue for persons deciding whether to move to Hong Kong," the court said, according to AFP news agency. It said it was "counter-productive" to restr... ( read original story ...)
Where to earn $2m in Hong Kong finance by your early 30s
In which jobs will you earn the highest base salaries in Hong Kong banking? And how much will you actually get paid when you reach the senior ranks in these roles? To find out, we averaged out directo... ( read original story ...)