The exorbitant rent reflects the spending power of Pure’s clientele, which has helped build the home-grown fitness and lifestyle company’s financial strength and to vie for a spot in one of Hong Kong’s most expensive malls, alongside Prada ... ( read original story ...)
Hong Kong Braces for First Storm This Year as Merbok Lashes
Long lines seen at metro stations, piers as people rushed home Hong Kong braced itself for its first typhoon this year, as Tropical Storm Merbok lashed the financial center with rain and wind. The Hong Kong Observatory hoisted Signal No. 8 at 5:20 p.m ... ( read original story ...)
Hong Kong and south China brace for Typhoon Merbok
China's national observatory issued a blue alert for Merbok earlier on Monday, the state Xinhua news agency reported, the least serious level on its four-tier, colour-coded weather-warning system. There will be no trading in Hong Kong's financial markets ... ( read original story ...)
Hong Kong Issues Signal No. 8 Storm Warning as Merbok Nears
Hong Kong issued its third-highest storm signal for the first time this year as Tropical Storm Merbok lashed the financial center with rain and wind. The Hong Kong Observatory hoisted Signal No. 8 at 5:20 p.m. local time. and said the warning would remain ... ( read original story ...)
Hong Kong remains a vital business link to China
As the 20th anniversary of Hong Kong's handover to China approaches, there has been much soul-searching over whether the city's importance as a gateway to the mainland has declined, as China opens up more to the world over the last two decades. Hong Kong ... ( read original story ...)
Charting the road to success beyond Hong Kong for delivery service start-up Lalamove
It is many an entrepreneur’s dream to raise the first million dollars, then move beyond Hong Kong to conquer other markets. But to do that, a good concept is not enough, because even the best idea requires large amounts of blood and sweat as well as a ... ( read original story ...)
Tax rises an option to plug Hong Kong’s wealth gap, says academic tipped to join government
Hong Kong should consider raising taxes to counter a growing wealth gap that is now at a historic high, a social policy academic who is tipped to be the next welfare minister said. Dr Law Chi-kwong, a member of the Poverty Commission, warned that the ... ( read original story ...)
New thinking needed to tame Hong Kong’s overexcited property market
Will Hong Kong’s property bubble burst soon? It’s a million-dollar question, the answer to which seems obvious unless you’ve been turning a deaf ear to the government’s increasingly frequent and intensified warnings. From analysts and the city’s ... ( read original story ...)
Hong Kong Cozies Up to Shenzhen to Create Future Tech Giants
... the two via a technology park on a disputed swamp by the border that aims to revitalize Hong Kong’s sagging economy and add fuel to Shenzhen’s nascent startup boom. The proposed 87-hectare park, called the Lok Ma Chau Loop, is the largest proposal ... ( read original story ...)
Uber, Airbnb show Hong Kong’s inability to adapt to changing times and technology
the Hong Kong government demonstrated to the world how enfeebled its bureaucrats have become in the face of overpowering entrenched cartels. Last week, Secretary for Transport and Housing Anthony Cheung Bing-leung said Uber must change its business model ... ( read original story ...)
Hong Kong restaurant targeted in shark fin protest
Protesters gathered outside a popular Hong Kong restaurant demanding it take shark fin soup off its menu. The demonstrators, many of whom were children, dressed in shark costumes and dumped a bag of fake fins outside Maxim's Palace restaurant as customers ... ( read original story ...)
Hong Kong developers use wads of cash to skirt mortgage rules and salvage sales
Cooling measures? What cooling measures?! If there were any, the property markets in Hong Kong and China do not seem to have noticed them. Developers in Hong Kong either have the financial strength not to be bothered by the lending restrictions or have the ... ( read original story ...)
Age is just a number for Hong Kong’s harbour swimmers
Hong Kong's Victoria Harbour is one of the world's busiest ports, but every morning daring elderly swimmers dive in to its choppy waters against a teeming backdrop of ferries, cargo ships and fishing boats. The city's older generations fill public spaces ... ( read original story ...)
Hong Kong, Singapore rivalry hobbling Asia in $100 billion fintech race: lobby group
Governments across Asia - most notably Hong Kong and Singapore - have launched a raft of initiatives to grab a slice of the $100 billion invested in fintech globally but the regulatory hotch-potch is making it tough for firms to scale up, the Asia ... ( read original story ...)