In Hong Kong, parents need to pay more than HK$100,000 in annual tuition for sought-after kindergartens, a lot more expensive than a college education. Teaching kids appears to be such a lucrative business that it has attracted new entrants like C.banner ... ( read original story ...)
Where cash is king: Can e-payments catch on in Hong Kong?
HONG KONG: For decades in the past, mainland China tourists came to Hong Kong for a taste of modern life. The city, a British colony until 1997, boasted taller buildings, faster cars and the latest fashion - the stuff of envy for mainland Chinese who ... ( read original story ...)
Financial Demand
In Hong Kong, accounting and finance candidates are in prime position to find a new role in the current market, but employers are looking to candidates to explain their motivations beyond just financial reward. This insight has come from Hays in Hong Kong ... ( read original story ...)
Hong Kong scientists hope to create cheaper, more effective method for detecting Alzheimer’s
The Chinese University of Hong Kong (CUHK) is developing a new and cheaper screening method to detect Alzheimer’s disease through blood and eye imaging that could be more accessible for elderly sufferers in Hong Kong. Scientists behind the study are ... ( read original story ...)
Hong Kong stocks end lower after brief tumble as Chinese bank shares take a hit
Hong Kong stocks ended lower on Wednesday, with the Hang Seng Index briefly tumbling more than 300 points ... both dropped 1 per cent to HK$5.74 and HK$6.72 respectively, and Bank of China lost 0.7 per cent to HK$4.02. US President Donald Trump warned ... ( read original story ...)
Hong Kong stocks edge higher, led by gains in property developers
Hong Kong stocks closed the midday session slightly higher on Thursday as North Korean threats and upcoming central bank meetings weighed on market sentiment. The Hang Seng Index added 0.1 per cent, or 31.5 points, to 27,645.26 in the Thursday morning ... ( read original story ...)
Hong Kong client of troubled PR firm Bell Pottinger rethinks ties over South Africa race scandal
Banking giant HSBC’s UK office also said in a statement on Wednesday that it would no longer use Bell Pottinger. HSBC’s Hong Kong office echoed their British counterparts. “HSBC has used Bell Pottinger for specific projects in the past but will not ... ( read original story ...)
Young Chinese Graduates Are Fueling Hong Kong’s Property Boom
As Hong Kong struggles with the world’s priciest housing market, a shortage in supply is being exacerbated by mainland Chinese students who come to study and then decide to stay. The graduates may help boost housing demand by 4,000 units a year in the ... ( read original story ...)
What is next for Hong Kong after its first billion-dollar start-up?
Hong Kong will need to step up development of a sustainable ecosystem for a growing hi-tech start-up community to help foster the city’s next US$1 billion “unicorn”, according to industry experts. It would mean plugging the city’s big gaping hole ... ( read original story ...)
Hong Kong Airlines targets Cathay Pacific’s core business market
HONG KONG (Reuters) - Hong Kong Airlines, part-owned by Chinese conglomerate HNA Group, plans to target business travelers from small and medium sized companies as it launches new long haul routes to North America and Europe, its vice chairman said on ... ( read original story ...)
City’s next billion-dollar start-up could emerge from electronics sector, says Arrow president
... Guangdong province within the ambitious Greater Bay Area plan is expected to foster the development of Hong Kong’s next “unicorn” start-up in the electronics sector, according to experts. “I’m very positive that this could happen very soon ... ( read original story ...)
Hong Kong’s vanishing archives and the battle to preserve history
HONG KONG (Reuters) - For anyone digging into Hong Kong’s history, the official archives might not be the place to look. The office of the chief executive, Hong Kong’s leader, failed to hand over any official records at all for eight of the 20 years ... ( read original story ...)
Hong Kong’s Economy May Soon Be Eclipsed by the Chinese City Next Door
Hong Kong is on the verge of seeing its economy surpassed in size by the former fishing village Shenzhen, a role reversal long foreshadowed by China’s massive supply of cheap labor and subsidized capital. Shenzhen -- less than 20 miles north of central ... ( read original story ...)
Hong Kong regulator trains sights on digital currency fundraising a day after China bans it
The comment, in a statement issued on Tuesday, came one day after China’s central bank banned ICOs out of concerns over financial risks and stability “We are concerned about an increase in the use of ICOs to raise funds in Hong Kong and elsewhere ... ( read original story ...)