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Tag: business

Posted on 30/03/2019

Hong Kong has licensed its first three digital banks — and tech giants may lose out

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. The Hong ... ( read original story ...)

Posted on 30/03/2019

Hong Kong’s chief executive Carrie Lam has revised her mainland China extradition proposal to mollify businesses, but will she pay a price?

Carrie Lam Cheng Yuet-ngor probably breathed a sigh of relief on Tuesday after her watered-down proposal on a contentious extradition arrangement finally won approving nods from some of Hong Kong’s ... ( read original story ...)

Posted on 29/03/2019

US business chamber still ‘concerned’ about Hong Kong’s new China extradition law despite gov’t concession

The Hong Kong government has narrowed the scope of its proposed extradition law update but it is still not narrow enough, according to the American Chamber of Commerce. AmCham said on Friday that it ... ( read original story ...)

Posted on 29/03/2019

Chinese Biopharma’s “Cambrian Explosion” : 5 Tips for Success in the Wild Ride to Come

I for one can’t wait to see what happens next. I’m a Senior Partner with McKinsey & Company, based in China, Shanghai and now Hong Kong, since 2005. I lead our Healthcare Practice in Greater China and ... ( read original story ...)

Posted on 28/03/2019

Hong Kong small businesses’ confidence in growth at five-year low, poll finds

Confidence in growth among small businesses in Hong Kong for 2019 is at a five-year low ... with 52 per cent of respondents saying the conflict will have a negative impact on their business this year. ... ( read original story ...)

Posted on 28/03/2019

Week In Review: Tianjin CanSino Staging $160.5 Million Hong Kong IPO

CanSino is the seventh China biopharma, and the first vaccine company, to IPO in Hong Kong under its pre-revenue ... Greater China Healthcare practice at McKinsey & Company. The Cambrian Explosion ... ( read original story ...)

Posted on 28/03/2019

5 Key Elements of Chinese Biopharma’s ‘Cambrian Explosion’

I’m a Senior Partner with McKinsey & Company, based in China, Shanghai and now Hong Kong, since 2005. I lead our Healthcare Practice in Greater China and serve clients across Asia. Please reach out to ... ( read original story ...)

Posted on 28/03/2019

Race is on for Southeast Asia ‘super app’ amid internet economy growth expectations

"It's a race to be a super app in ASEAN," Varun Mittal, global emerging markets Fintech leader at consultancy EY, said during a panel discussion at the Credit Suisse Asian Investment Conference in ... ( read original story ...)

Posted on 28/03/2019

This Hong Kong Startup Uses Technology To Change Everyday Grocery Shopping

Despite being one of the financial capitals of the world, Hong Kong has traditionally lagged when it comes to cultivating game-changing startups. Among the list of reasons for this includes the high ... ( read original story ...)

Posted on 27/03/2019

Hong Kong Starts Granting Licenses for Virtual Banks

... in Hong Kong and promote financial inclusion,” the Hong Kong Association of Banks said in a statement. “The industry can leverage this opportunity to develop new business models.” Virtual banks ... ( read original story ...)

Posted on 27/03/2019

Indian Startups, Here’s Your Chance To Scale Globally With Hong Kong Startup Launchpad

As the third largest startup ecosystem of the world, India has found several international collaborations to significantly support and grow the talent across borders and at the same time, find new ... ( read original story ...)

Posted on 27/03/2019

Cathay Pacific to buy budget airline Hong Kong Express

Hong Kong Express, which flies to destinations across Asia, will become a wholly-owned subsidiary of Cathay Pacific. Cathay Pacific has been overhauling its business to cut costs, and returned to ... ( read original story ...)

Posted on 27/03/2019

Hong Kong-mainland China extradition plan to be watered down by exempting 9 economic crimes, under intense pressure from business community

Hong Kong’s leader, under intense pressure from the business community, has agreed to exempt nine economic crimes from a controversial proposal to allow the transfer of fugitives from the city to ... ( read original story ...)

Posted on 27/03/2019

Armed with lessons from Theranos fraud, whistleblower Erika Cheung takes aim at Hong Kong’s start-up scene

Five years ago and fresh out of college, she was an engineer at a multibillion-dollar tech start-up in Silicon Valley that turned out to be a massive fraud Now, the medical ... ( read original story ...)

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