BOC Hong Kong (Holdings) Limited (stock code "2388") and Bank of China Limited (stock code "3988" and "4601" (Preference Shares)) today jointly announced that the disposal of approximately 70.49% interests in Chiyu Banking Corporation Limited ("Chiyu Bank ... ( read original story ...)
Exclusive: HSBC to boost China staff by up to 1,000 in 2017, mostly in Pearl River Delta
HONG KONG HSBC (HSBA.L) plans to add as many as 1,000 new employees to its Chinese retail banking and wealth management arm this year, the business's regional head said, most of them in the Pearl River Delta, the heart of the bank's growth strategy in China. ( read original story ...)
Learning as a strategic necessity: Entering a global property market during a domestic boom
In addition to its operations in more than 60 Chinese cities, Vanke also does business in Hong Kong, London, New York, San Francisco, and Singapore. In this interview with Guangyu Li, a senior partner in McKinsey’s Shanghai office, Zhang Xu explains ... ( read original story ...)
Collector's Eye: Alan Lau
Hong Kong-born Alan Lau started collecting contemporary art more than ten years ago. A former investment banking analyst at Citibank and senior partner at McKinsey, Lau now works for the Chinese internet company Tencent. Perhaps not surprisingly ... ( read original story ...)
The digital reinvention of an Asian bank
McKinsey senior partner Joydeep Sengupta recently sat down ... At the same time, even in our core markets, like Singapore and Hong Kong, we have to have an appropriate defensive play. We have large market shares, but we’re as vulnerable to attackers ... ( read original story ...)
The rumors of US infrastructure's demise are greatly exaggerated
ADVERTISEMENT In its New Global Index of Infrastructure, the Kiel Institute for the World Economy ranks the U.S. fourth behind Hong Kong, Singapore ... A newly-published report by McKinsey Global Institute, "Bridging Global Infrastructure Gaps ... ( read original story ...)
Tech start-up Garena set to test investors’ appetite for Asia
Jayson Chi, a former partner specialising in telecoms, media and technology at McKinsey in Hong Kong, said: “China is still growing but there is less opportunity — it revolves around the big players. “There is a lot of attention right now on ... ( read original story ...)
The 15 business schools where MBAs earn the highest salaries after graduation
Its International Growth Lab pairs its students with those at ESADE in Barcelona and the Hong Kong University of Science and Technology ... days of graduation at companies like Amazon, Google, McKinsey & Co., and Microsoft, and 6.1% of grads went on ... ( read original story ...)
More than 100 Chinese cities now above 1 million people
But while Madrid is a cultural powerhouse and the centre of Spanish politics, Quanzhou, with its 1,000-year-old mosque and charming cafes, is rarely discussed even within Chinese media, whereas Beijing, Shanghai and Hong Kong continue to get most of the ... ( read original story ...)
Japan banking on tourism as economic driver
The surge in visitors was driven in large part by external factors, including the depreciation of the Japanese yen and China’s economic growth, according to a report from McKinsey Global ... 1.8 million visitors from Hong Kong, an increase of 20 percent ... ( read original story ...)
Do You Have a Mortgage in Hong Kong? We’d Like to Hear From You
Do you have a mortgage in Hong Kong? Are you concerned about the uncertain economic outlook? How have volatile housing prices affected you, if at all, and what are you doing to prepare for rising interest rates? The New York Times wants to hear from Hong ... ( read original story ...)
AP Explains: Hong Kong's unusual system to pick its leader
HONG KONG – Hong Kong is poised to choose a new leader on Sunday when members of a committee dominated by elites favored by Beijing cast their ballots in the first such vote since 2014's huge pro-democracy protests. Here's a look at the electoral system ... ( read original story ...)
Hong Kong likely to choose Beijing's pick for leader amid tension, economic malaise
HONG KONG (Reuters) - Hong Kong on Sunday will likely select Beijing's favored candidate for its next leader who some say will further divide a city where middle class families have become increasingly disaffected by political tension and economic hardship. ( read original story ...)
Hong Kong prosecutes captain, shipper in Singapore troop carriers case
Hong Kong customs officers seized the Terrex troop carriers as they were being shipped home from military exercises in Taiwan. Singapore's armed forces have maintained long-standing if low key military training facilities in Taiwan, and Beijing officials ... ( read original story ...)