The firm said the rise in the number of ultra rich in Hong Kong was propelled by its booming stock market and growing financial links with the broader Chinese economy. China's rapid economic ... ( read original story ...)
Here’s what kept Singapore from having the world’s best public transport system
Hong Kong's rail system easily beat Singapore's. Singapore has the world's second best public transport system, McKinsey&Company revealed in a study. It scored 69.2 points just right below Hong Kong's ... ( read original story ...)
A.I. could spur global growth as much as the steam engine did, study shows
McKinsey said in a report released Wednesday morning Hong Kong time. The institute's model expects about 70 percent of companies will adopt at least one form of AI by 2030, and that a significant port... ( read original story ...)
Singapore public transport system tops global list
Hong Kong's use of apps in the public transport system was another positive - one of the apps is even able to help the visually impaired use, for example, Google Maps. Seoul ranked in the top three fo... ( read original story ...)
Singapore’s public transport users among most satisfied in the world
Hong Kong’s use of apps in the public transport system was another ... to robot buses Seoul ranked in the top three for its public transport efficiency, with McKinsey saying that “Seoul and Singapore ... ( read original story ...)
Robot wars: China shows off automated doctors, teachers and combat stars
“China has huge opportunities to increase the level of its industrial automation (and) industrial robotisation,” said Karel Eloot, an expert at consultancy firm McKinsey. He notes that China still has ... ( read original story ...)
Cryptocurrency Trader Rents Priciest Office Ever in World’s Most Expensive Real Estate Market
McKinsey & Co and PricewaterhouseCoopers. The record setting lease may also give some insights into what tenants coveting a prime Hong Kong address may need to pay for new office leases in the city’s ... ( read original story ...)
Singapore ranked top for urban mobility globally
Beyond that, the top three – Hong Kong, Singapore, and Paris – have much lower rates ... Looking at the individual city profiles, McKinsey’s report noted Singapore has created a best-in-class public t... ( read original story ...)
Rise in big mortgages offered by Hong Kong developers to speed up sales raises default fears
The number of Hong Kong developers providing mortgages for homebuyers hit a record in the second quarter of this year, raising concerns over a possible rise in defaults should an increase in interest ... ( read original story ...)
Hong Kong Airlines Upgrades Business Class Experience on Airbus A350
Hong Kong Airlines has installed a newly upgraded Business Class seat on its latest Airbus A350 aircraft. In addition to a refreshing new look, the new Business Class seat is also equipped with one of ... ( read original story ...)
Biscuit maker co-founded by former Miss Hong Kong applies for IPO, plans to expand to Canada and Taiwan
Hong Kong biscuit producer Cookies Quartet, co-founded by a former Miss Hong Kong, has applied for an initial public offering in the city. Co-founded by Miss Hong Kong 1985 Tse Ning, food and lifestyl... ( read original story ...)
Operator of China’s top movie ticketing app seeks up to $1 billion in Hong Kong IPO: sources
HONG KONG (Reuters) - China’s top movie ticketing platform, Maoyan Weying, has filed for a Hong Kong listing in which it aims to raise between $500 million and $1 billion, according to two people fami... ( read original story ...)
BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF) Reports Decline in Sellers; Strong Momentum for Longs
The stock of BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF) registered a decrease of 47.72% in short interest. BNKHF’s total short interest was 2.40M shares in September as published by FINR... ( read original story ...)
Hong Kong blockchain start-up rolls out Asia’s first cryptocurrency Visa debit card to take on credit cards
Crypto.com, the Hong Kong-based blockchain start-up behind Asia’s first cryptocurrency Visa debit card, said on Wednesday it had applied to issue cards in the city. Over the next two months the compan... ( read original story ...)