Nasser expects to see more Emirati companies explore business opportunities and tap global markets through HKTDC exhibitions. He also encouraged buyers, distributors and retailers from the UAE to come ... ( read original story ...)
Global luxury brands again chase China’s young, rich and spendthrift
HONG KONG (Reuters) - Global luxury brands from Prada (1913.HK ... that spends money on luxury,” said Shanghai-based Daniel Zipser, senior partner at McKinsey & Co. Revenue growth in China’s luxury se... ( read original story ...)
Life after death – in a subdivided flat: why paper replicas are big business for Hong Kong’s Hungry Ghost Festival
To Chiu-sung holds up a 20cm tall, three-storey cardboard mansion of 16 rooms, each with an old-fashioned air conditioner installed outside the window. “These are subdivided flats, the star item this ... ( read original story ...)
Emma’s Asian eats: One Hong Kong noodle dynasty closing, but oodles remain to satisfy
When in Hong Kong, make sure to try the noodles. You’ve oodles of choices. Where the Wild Things Are: Edmonton food experts lead foraging expedition Best downtown patios announced in Downtown Business ... ( read original story ...)
HKSTP startups to double to 500 in five years, says new chief
At a media luncheon on Wednesday, HKSTP chairman Sunny Chai Ngai-chiu revealed that the corporation aims to increase the number of startups it is incubating to 500 in five years, the Hong Kong Economi... ( read original story ...)
Hong Kong University Receives $20 Mln Research Grant for Payment Systems, Blockchain
The Hong Kong University of Science and Technology Business School has received $20 million in funding for research on payment systems, including those using blockchain. The Hong Kong University of Sc... ( read original story ...)
Digital payment fight brewing in Hong Kong
HONG KONG: Hong Kong's shopping districts are well known for their fierce competition. Now, a new battleground is forming as digital payment firms fight for retailers and shoppers. Chinese tech giants ... ( read original story ...)
Industrial Bank Co., Ltd creates Hong Kong private banking business
Fuzhou-headquartered Industrial Bank Co., Ltd, one of China's largest banking groups, has selected Avaloq to provide a comprehensive front-to-back banking solution for its Hong Kong Branch private ban... ( read original story ...)
Industrial Bank Co., Ltd creates new Hong Kong Private Banking Business with Avaloq Banking Suite
Fuzhou-headquartered Industrial Bank Co., Ltd, one of China’s largest banking groups with total assets of CNY 6.09 trillion1, has selected Avaloq to provide a comprehensive front-to-back banking solut... ( read original story ...)
Hong Kong Monetary Authority intervenes in currency market for first time since May
Hong Kong’s de facto central bank said it has stepped in the foreign currency market to defend the Hong Kong dollar for the first time since May, bringing a key property loan interest rate closer to a ... ( read original story ...)
Goldman-Backed Heart Valve Startup Is Said to Mull Hong Kong IPO
Venus MedTech, a Chinese developer of heart valve replacements backed by Goldman Sachs Group Inc., is considering a Hong Kong initial public offering, people with knowledge of the matter said. Venus, ... ( read original story ...)
Logistics startup Lalamove seeks to expand in Malaysia
After raising US$100 million (around HK$780 million) in series C funding in October last year, Hong Kong logistics startup Lalamove has ventured into the Malaysia market, testing its services in Kuala ... ( read original story ...)
Hong Kong-based GSR Capital To Invest $270 Million In Blockchain Startup tZero
Hong Kong-based private equity firm GSR Capital recently announced that it will invest $270 million in a blockchain-based startup of Overstock.com (NASDAQ:OSTK) . A press release published by the Amer... ( read original story ...)
Hong Kong’s civil service replaces Google as graduates’ most ideal employer, survey finds
In Singapore, for example, the industry’s average ranking among business students fell from 15 in 2012, to 38 in 2018. But banks made gains in Hong Kong this year. Alongside JPMorgan moving from fourt... ( read original story ...)