“It’s easier to imagine the benefit insurance will bring to a place like Myanmar, or Cambodia, or the Philippines by thinking about what happens if you remove it from a place like Hong Kong or Singapore,” Mathews said. “The first thing is, families ... ( read original story ...)
Emerging digital solutions to an ‘age-old’ challenge
China in particular is ripe for a revolution in this field, with a poll revealing 20 percent of Chinese used a fitness monitor of some sort.[2] For healthtech startups, Hong Kong is as good as it gets as a launchpad into the Mainland market. ( read original story ...)
Linklaters Advised on New Stock Trading Program in Hong Kong and China
Linklaters served as adviser to the Hong Kong Exchanges and Clearing Ltd. on its long ... The Shenzhen bourse also consists of a startup board and a small-and-medium-sized enterprise board where technology companies and software developers tend to list. ( read original story ...)
‘Fintech’ buzzword draws buyers as 10b yuan fund-of-funds launched
Led by Hong Kong-listed fintech firm Credit China FinTech Holdings ... The FOF could also invest in startups directly. Xie Sha, a managing partner of the FOF, said the first two billion yuan could be raised very soon. “Despite the venture capital ... ( read original story ...)
Hong Kong stocks lose ground, while Shanghai’s index bolstered by coal miners
Hong Kong’s stock market edged lower amid light turnover after US benchmarks retreated in overnight trade, while Shanghai stocks stuck a more positive note, rebounding above the 3,100 threshold. The Hang Seng Index closed the morning session at 21,733.26 ... ( read original story ...)
HSBC Retirement Monitor helps bridge Hong Kong’s protection gap
Hong Kong’s mortality protection gap is now more than $500bn, according to reinsurer Swiss Re. How can this gap be closed? The issue isn’t just life cover, explains HSBC Insurance’s Candy Yuen. It’s also about coverage for critical illness, and ... ( read original story ...)
Hong Kong and New York battle for IPO dominance
When Jack Ma criticised Hong Kong last month for having outdated stock market listing practices, the Alibaba founder hit the city where it hurts. Hong Kong’s rivalry with New York has only heightened since the billionaire chose the US for his ecommerce ... ( read original story ...)
Hong Kong's cats offer insight into city's past
Four-legged "assistants" can be found perched in certain shops across Hong Kong, keeping a nonchalant eye on business while the city does its non-stop bustle past their storefronts. Their presence has inspired Dutch photographer Marcel Heijnen to make them ... ( read original story ...)
Hong Kong police face problems in manhunt for two men who robbed hikers along nature trail
Over 100 police officers have been mobilised in a continuing manhunt for two men suspected to have robbed hikers, the police said on Wednesday. The two men, who spoke Putonghua, were believed to have committed the robberies along Eagle’s Nest nature ... ( read original story ...)
Hong Kong Stocks Rise From Five-Month Low as Energy Shares Gain
Hong Kong stocks rose from a five-month low as they traded for the first time this week, with advances by energy shares outweighing losses from property companies and casino operators. The Hang Seng Index added 0.4 percent to 21,653.46 at 1:45 p.m. local time. ( read original story ...)
Hong Kong health officials ban poultry imports from three more areas after bird flu outbreaks
Hong Kong food safety officials have placed a temporary suspension on the import of poultry meat and products from three more regions – in mainland China, Japan and Poland following the detection of bird flu strains in these areas. The import ban by the ... ( read original story ...)
Hong Kong's ousted anti-China lawmakers make final appeal over ban
Two ousted pro-independence Hong Kong lawmakers on Wednesday announced they were making a final bid to overturn a controversial Beijing-linked ban preventing them from taking up their seats in parliament. Yau Wai-ching and Baggio Leung were elected in ... ( read original story ...)
Hong Kong Exchanges and Clearing : HKEX Announces Launch Date for VCM in Derivatives Market
Hong Kong Exchanges and Clearing Limited (HKEX) announced it will implement the Volatility Control Mechanism (VCM) in its derivatives market on 16 January 2017. The rollout was deferred on 13 November 2016 when a technical issue was identified during the ... ( read original story ...)
Quoting Mao, China says Taiwan, HK independence supporters will fail 'like flies'
Beijing has already warned about independence activists in both places linking up - Hong Kong activists have visited Taiwan this year - and went further at a routine news conference by China's policy-making Taiwan Affairs Office. "A small coterie of Taiwan ... ( read original story ...)