However, a spokesman for Hong Kong's Innovation and Technology Bureau stated that the government is adopting a more open-minded approach towards innovations and shared economy. He also stated that: “For the government, we welcome innovative business ... ( read original story ...)
MobiWeb Awarded Excellence of the Year at the Le Fonti Awards Ceremony in Hong Kong
HONG KONG--(BUSINESS WIRE)--Apr 23, 2018--MobiWeb was awarded for Excellence of the Year Innovation & Leadership SMS Messaging Provider at the 40th edition of the Le Fonti Awards. The Awards ceremony was held at the Sheraton Hotel & Towers in downtown Hong ... ( read original story ...)
Hong Kong must embrace innovation or risk irrelevance
The rapid rise of big financial data and raw processing power promises to deliver further gains for every aspect of the industry. This has not gone unnoticed in Hong Kong. Chief Executive Carrie Lam Cheng Yuet-ngor this month reiterated at a Bloomberg ... ( read original story ...)
New Hong Kong Tech Darling Hawks IPO With Rare Valuation Metric
As Hong Kong welcomes listings from unprofitable tech companies, investors need to get used to some new valuation metrics. Ping An Good Doctor, the largest IPO in Hong Kong so far this year, is approaching potential investors with a valuation of as much as ... ( read original story ...)
Hong Kong Business School Launches New MBA Courses In Fintech, Big Data, And Belt & Road
Hong Kong’s HKUST Business School has just launched a host of new MBA electives including courses on hot topics like fintech and big data analytics. Among the most unique is a four-week course on the Belt & Road Initiative—China’s massive ... ( read original story ...)
Forget China: Hong Kong, Singapore are new kids on the blockchain
While the ICO boom has helped create business opportunities – the market demand is so strong that PricewaterhouseCoopers (PwC) has set up a new team looking after ICO clients in Hong Kong – some experts are worried. “There are significant financial ... ( read original story ...)
Crossing Divides: Africans fight Hong Kong prejudice with football
In Hong Kong, locals rarely play football with immigrants. Not surprising, perhaps, when a third of Chinese Hongkongers don't want to sit next to members of other ethnic groups on public transport, live next door to them, or have their children as ... ( read original story ...)
Ping An Good Doctor’s US$1.12b IPO set to reignite Hong Kong listings market
Ping An Healthcare and Technology Company, also known as Ping An Good Doctor, has launched its highly anticipated Hong Kong initial public offering (IPO) which aims to raise as much as HK$8.77 billion (US$1.12 billion) in what could become the city’s ... ( read original story ...)
Hot Hong Kong IPOs to the Rescue
Investors may just have found the reason they need to keep on pushing two of Hong Kong's best-performing blue chips higher. After more than doubling in 2017, shares of Tencent Holdings Ltd. and Ping An Insurance Group Co. have lost momentum. By now ... ( read original story ...)
Hong Kong IPOs give foreigners access to China education
A series of Hong Kong listings of mainland Chinese education companies has given foreign investors access to one of the country’s fastest-growing and most tightly restricted consumer sectors. Last month’s $153m initial public offering of vocational ... ( read original story ...)
Ping An healthcare unit maps out plan for $1.1 billion Hong Kong IPO
HONG KONG (Reuters) - Ping An Healthcare and Technology Co Ltd, a unit of Ping An Insurance (Group) Co of China Ltd (2318.HK) (601318.SS), plans to raise up to HK$8.77 billion (797.8 million pounds) in a Hong Kong initial public offering to help expand its ... ( read original story ...)
Hong Kong startup Peacify launches smart socks for newborns
Hong Kong startup Peacify has launched a healthcare wearable monitoring device for newborns, dubbed Peacify Sock, allowing parents to view their babies' vital signs in real-time. The sock is equipped with biomedical sensors and algorithms to monitor a baby ... ( read original story ...)
StanChart ramps up its Hong Kong digital strategy with ‘eXellerator’ lab
Angel Ng, Citibank’s Hong Kong consumer business manager, said implementing an open API architecture in the city is vital to the continued modernisation of the local banking sector. “More banks working on this mutual business direction can accelerate ... ( read original story ...)
Uber’s outsized American ego a problem says Hong Kong transport minister as US Consulate gets involved
The US Consulate in Hong Kong has reached out to the city’s taxi drivers to ease tensions with Uber, while the transport minister slammed the US ride-hailing firm for its “big ego”, the Post has learned. There was immediate resistance from industry ... ( read original story ...)