China is taking another step to open up its financial markets to the world by allowing overseas investors access to China's $9.5 trillion bond market. Regulators in Hong Kong and China have approved a program that will allow investors operating in Hong ... ( read original story ...)
Hong Kong’s Qupital raises $2M led by Alibaba to finance invoice loans for SMES
Qupital, a one-year-old Hong Kong-based startup that addresses cash flow issues for SMEs, has closed a $2 million seed funding round. The is certainly a notable size for an early stage investment in Hong Kong’s nascent but growing startup scene. ( read original story ...)
This startup nabbed Alibaba and MindWorks Ventures’ first ever HK fintech investment
Qupital is a Hong Kong-based online trading platform that helps businesses ... After graduating, he got a job in Denmark working as a software engineer for a legal tech startup that was creating a platform for online arbitration (resolving disputes online ... ( read original story ...)
Inside Hong Kong's 'ghost market': Massive building once filled with hundreds of buzzing stalls is left to crumble in the world's most expensive city
With its decayed walls, grotty floors and haunting corridors, Central Market is a far cry from the glitzy skyscrapers in Hong Kong's financial district. Despite being abandoned for more than a decade, the massive compound was the original landmark of ... ( read original story ...)
Women in tech event: Chicago Booth Women’s Network hosted by McKinsey & Company
After the panel discussion, there will be time for networking and drinks at McKinsey & Company ... a global program across its three campuses in the City of London, Hong Kong and Chicago. The faculty include some of the most influential economists and ... ( read original story ...)
Hong Kong shares retreat after overbought signal as financials drop
HONG KONG (Nikkei Markets) -- Hong Kong shares pulled back from 21-month highs Tuesday after a commonly-followed technical indicator suggested that the market was overbought, with Cathay Pacific Airways and Chinese financial companies pacing losses. ( read original story ...)
Hong Kong financial body pledges support for third board and green finance
The Financial Services Development Council in Hong Kong has pledged its support for the local bourse to launch a third board to draw technology firms and other overseas companies to list in the city. The council, a government-appointed advisory body, in ... ( read original story ...)
Hong Kong bank employee gets apology in court from tearful man charged with attempted robbery
A recycling company owner on Tuesday cried and apologised to a bank employee in a Hong Kong court over an attempted robbery two years ago. The alleged victim, Ng Yin-fun, recalled that a very emotional man – whom she later identified as Lau Wai-keung in ... ( read original story ...)
Hong Kong rejects asylum applications for refugees who harbored Edward Snowden
Hong Kong authorities have rejected asylum requests from refugees who harbored whistleblower and former National Security Agency (NSA) contractor Edward Snowden in 2013. Applications from four adults and three children from Sri Lanka and the Philippines ... ( read original story ...)
Hong Kong rejects asylum for refugees who sheltered Snowden, putting them at risk of deportation
Hong Kong authorities have rejected asylum requests from a group of refugees who sheltered Edward Snowden four years ago, in what their lawyer said is retaliation for helping the former NSA contractor. Immigration officials in the southern Chinese city ... ( read original story ...)
Families who sheltered Snowden seek refuge in Canada after denied asylum in Hong Kong
The families who sheltered U.S. fugitive Edward Snowden in Hong Kong need to be brought to Canada immediately while the country processes their asylum claims, their lawyers said Monday. Hong Kong-based attorney Robert Tibbo said Canada needs to take this ... ( read original story ...)
Hong Kong bookseller detained in secret by Chinese authorities says he won't stop speaking out
Finally Lam was released and ordered return to Hong Kong to retrieve an electronic database of customers who had purchased banned books from his shop, he said. Lam did not comply. Instead, two days after his release, he held an explosive news conference ... ( read original story ...)
‘Hong Kong and China businesses should partner’ to invest in non-traditional belt and road markets’
Hong Kong businesses should team up with their mainland counterparts to invest in “non-traditional” markets under China’s go-global trade scheme, Yvonne Choi Ying-pik, Hong Kong’s commissioner for the “Belt and Road Initiative”, said on Monday. ( read original story ...)
Australia and Hong Kong begin free trade agreement talks
Ciobo told Sky News that Canberra would "look and try to negotiate as comprehensive an FTA as possible over the next 12 months or thereabouts. If we can do it a little more quickly than that, that would be fantastic." Hong Kong is Australia's eighth ... ( read original story ...)