Citi embraces the seven initiatives announced by the Hong Kong Monetary Authority last year to accelerate the development of smart banking in Hong Kong, which will ultimately lead to faster, more diverse and more convenient banking and mobile payment ... ( read original story ...)
Can Benny Tai be prosecuted for independence remarks under Hong Kong law? ‘No’, experts say
The row over controversial academic Benny Tai Yiu-ting’s independence remarks intensified on Monday as Beijing mouthpiece People’s Daily demanded the Hong Kong government take legal action against him under the city’s existing criminal law ... ( read original story ...)
Hong Kong could learn lessons from London King’s Cross redevelopment project to solve housing crisis, planning expert says
A massive urban redevelopment project in London where half of the flats must be set aside for low-income families may offer ideas for Hong Kong officials mulling co-development of some 1,000 hectares of farmland with private firms to ease the local housing ... ( read original story ...)
Hong Kong teen, 16, among 19 arrested in crackdown on ‘compensated dating’
A teenage school dropout was among 19 people arrested as part of a crackdown on “compensated dating” in Hong Kong. A month-long investigation ended on Saturday with an undercover sting operation as police arrested 13 men and six women at various ... ( read original story ...)
With Hong Kong MPF set to reach HK$1tr by 2020, top six providers start association to chart scheme’s course
Six of the largest Mandatory Provident Fund providers in Hong Kong have set up an industry body to work with the government on the development of the sector, as the city’s compulsory retirement scheme is on course to reaching HK$1 trillion (US$127.84 ... ( read original story ...)
Allan Zeman, the Hong Kong entrepreneur who is more than a ‘mouse killer’
That’s missing, a lot, in Hong Kong.” He says he gets approached all the time for many things, and is currently working with Carrie Lam on an innovation and technology committee, which he may join. Property, start-ups and young people Though Zeman ... ( read original story ...)
Art Basel Hong Kong 2018: Subodh Gupta’s ‘Start Stop’ at Encounters
Encounters, curated for the fourth consecutive year by Alexie Glass-Kantor, Executive Director of Artspace in Sydney, will present 12 institutional-scale installations and site-specific projects at this year’s Art Basel Hong Kong. Among them is Subodh ... ( read original story ...)
Hong Kong merges with mainland rails network, to start trial run
The 26-km Express Rail Link is vitally important to Hong Kong. It will link Hong Kong with major Mainland cities with significantly reduced travelling times. Construction on the Hong Kong section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link (XRL ... ( read original story ...)
Janus Henderson chief insists dual-class listings in Hong Kong must have solid corporate governance standards
Hong Kong’s new listing reforms, due to kick-start later this month, are likely to attract more technology firms to list on its stock exchange – but only as long as the authorities can provide appropriate investor protection measures, the head of ... ( read original story ...)
UBS sharpens its focus… while Hong Kong’s regulator draws its knife
Competitors have been quick to delight in the travails of UBS’s Asian investment bank, notably its decline in the league tables and a revolving door at senior management level. A ban imposed by Hong Kong’s regulator is the latest stick with which to ... ( read original story ...)
Independence comments from Hong Kong law academic Benny Tai earns sharp Beijing rebuke
and the central government’s liaison office in Hong Kong issued strongly worded comments to state news agency Xinhua condemning University of Hong Kong law professor Benny Tai Yiu-ting after he spoke out at an event organised by a pro-independence ... ( read original story ...)
US-China trade war would affect one in five Hong Kong jobs, finance secretary says
A trade war between the US and China would affect one in five Hong Kong jobs, the city’s financial secretary warned on Sunday. Paul Chan Mo-po said the world’s two biggest economies were major economic partners of the city and that a dispute between ... ( read original story ...)
The Hong Kong Sevens are where ‘new players are born’, says Blitzboks boss about golden opportunity facing his youngsters
They’ve been slated by all and sundry for putting their HSBC World Sevens Series hopes in jeopardy but for South Africa the positives of exposing their young players in the Hong Kong cauldron far outweigh the negatives. Academy coach Marius Schoeman ... ( read original story ...)
Hong Kong business costs change and MPF plan is no different, labour minister says
All firms in Hong Kong face changing business costs, so they should be able to cope with officials’ advance warning to dig deeper into their own pockets to pay employees’ severance and long-service payments, the city’s labour minister said on Sunday. ( read original story ...)