Xiaomi has announced plans for a $10 billion stock market debut in Hong Kong, which could value the company at around ... In 2011, he gave up a four-year stint at McKinsey & Company to co-create the DINK Couple comics, a cartoon series that started out ... ( read original story ...)
As Xiaomi goes public, the man who built its Indian arm from scratch is set to make a fortune
Xiaomi has announced plans for a $10 billion stock market debut in Hong Kong, which could value the company at around ... In 2011, he gave up a four-year stint at McKinsey & Company to co-create the DINK Couple comics, a cartoon series that started out ... ( read original story ...)
FT Investing for Good Asia
He worked for McKinsey & Co in Hong Kong as a management consultant, advising multinational corporations before taking up a role as the Managing Director of Cisco Systems, with responsibility for its Asia Pacific telecoms businesses. Subsequently ... ( read original story ...)
Competing to Innovate in the Pearl River Delta Region
Hong Kong’s Financial Secretary Paul Chan has unveiled sweeping ... As Jeongmin Seong, Senior Fellow at the McKinsey Global Institute, explains, the twin engines that have driven much of China’s economic growth over the past decades—a huge ... ( read original story ...)
Asia moves: HKEX appoints first female chair
Hong Kong Exchanges and Clearing has named Laura Cha May-Lung the ... at the Ontario Teachers’ Pension Plan and the Carlyle Group. She has also worked at McKinsey, in various Asian countries, and at PwC. Nikko Asset Management has appointed Yoichiro ... ( read original story ...)
As flat prices soar in Hong Kong, investors park money down in the lot
according to data from Centaline Property Agency. The flats currently go for about HK$4.7 million per unit. City-wide, while Hong Kong’s private homes roughly doubled in value between 2010 and 2017, the price of a parking spot in residential complexes ... ( read original story ...)
Hong Kong money laundering: The river runs through it
While Hong Kong struggles to reduce and contain money laundering activities at existing financial institutions, the role of cryptocurrencies in undermining compliance and enforcement capabilities is overlooked. Hong Kong’s financial institutions are ... ( read original story ...)
Exclusive Hong Kong Bankers Club in Central to make way for restaurant as landlord won’t renew lease
The Hong Kong Bankers Club is looking for a new home as the landlord Hongkong Land wants to lease its 7,000 square feet premises in Gloucester Tower to a restaurant operator in a bid to attract more traffic to its interconnected Landmark shopping centre ... ( read original story ...)
HKMA poised to launch HK$150 million pilot bond scheme
In 2017, Hong Kong’s total issuance of US dollar, euro, yen and local currency denominated bonds was US$467 billion, according to data from the Asian Development Bank. That was 10 per cent of Asia’s total – excluding Japan’s total bond issuance of ... ( read original story ...)
Fitch sounds warning on HK banking system’s integration with China
Fitch has issued a warning over the increasing integration of Hong Kong’s banking environment with China’s financial system. The ratings agency has downgraded its view on the operating environment for Hong Kong’s banks due to what it says is the ... ( read original story ...)
Hong Kong Election Bans Could Extend to Candidates at District Level
Legal opinions in Hong Kong indicate that the candidacy requirements for district council elections should be the same as those set for the Legislative Council (LegCo), the Sing Tao Daily News reported on Wednesday. Prospective candidates who don't sign a ... ( read original story ...)
Hong Kong’s Economy Continues to Defy Gravity
Hong Kong’s economy continues to defy gravity, for now. The world’s least-affordable property prices continue to hold up, tourism and shopping have rebounded as China’s economy hums along, and a bustling stock market that’s set to boast one of the ... ( read original story ...)
Hong Kong Airlines A350 Business Class In 10 Pictures
Hello from Los Angeles! After flying Ukraine International Airlines to Europe, Vietnam Airlines to Shanghai, and then Cathay Dragon to Hong Kong, my last flight of this review trip was from Hong Kong to Los Angeles on Hong Kong Airlines. I had never flown ... ( read original story ...)
Hong Kong exported more construction waste to mainland China than it sent to city’s own facilities in 2017
Hong Kong exported more construction waste to mainland China last year than it sent to the city’s own overflowing facilities, according to government statistics. About 13.5 million tonnes of inert construction and demolition waste, or public fill ... ( read original story ...)