Activists claim government-business collusion if land held by developers in the New Territories is released. They want to develop the Fanling golf course and the brownfield sites. But even then, there will still not be sufficient land for Hong Kong to ... ( read original story ...)
Xiaomi gets Hong Kong stock exchange approval for IPO; to raise over $10 bn
Xiaomi Corp. has won Hong Kong stock exchange approval for its planned initial public offering, which would be the first listing in the city with weighted voting rights, people with knowledge of the matter said. The smartphone maker passed its so-called ... ( read original story ...)
Mainland Tenants Only Care About Being in the Right Building Says Hongkong Land
Head of Office Space at Hongkong Land, whose company owns Jardine House and the Exchange Square complex, as well as several other prime buildings in the city’s Central business district. “Mainland Chinese demand doesn’t really care too much about ... ( read original story ...)
Hong Kong restaurant where it’s not about the money: Sammy’s Kitchen survives, sucks up 48pc rent rise – and cuts lunch prices
Ivy Yip Fung-yee, daughter of Sammy Yip, told the Post that some regular customers know the Hong Kong-style restaurant is still open ... but it turned out that business wasn’t moving until December, so the timing didn’t work for me. ( read original story ...)
This Hong Kong ‘Smart Ring’ Startup Raised $2.5M To Crack The Wearables Market
When you think wearables, the first things that come to mind are probably smartwatches and fitness bands. Wearables surfaced as a mainstream consumer electronics trend about four years ago, but eventually the trend tapered. One Hong Kong startup, Origami ... ( read original story ...)
Global travel tech start-up takes off in Hong Kong
Global travel tech start-up Hey Travelista announced today (June 8) that it has opened its Hong Kong office as the global headquarters to launch its new online travel platform for affluent travellers in Asia. Hey Travelista offers its registered members ... ( read original story ...)
Mind the gap: Hong Kong employers say youth don’t have right skills, employees say jobs don’t support growth
Hong Kong’s education system is not meeting the requirements of employers in the city, according to a study by McKinsey and Company. There is also a huge gap in expectations between companies and young employees. The global management consultancy also ... ( read original story ...)
Three Key Business Lessons from Hong Kong’s Richest Man
In many ways, Li Ka-shing is the antithesis of what we’ve come to expect from a modern billionaire. He’s quiet, soft-spoken, shuns the limelight, is conservative in his balanced approach to business and is quite possibly the most frugal man you will ... ( read original story ...)
A Hong Kong couple bought a single parking space for $433,000 and flipped it for $760,000 in just 9 months
A single parking space in Hong Kong that was bought for $430,000 less than a year ago was just resold for $760,000. A local couple initially bought the spot in the luxury Ultima complex in 2017 and resold it nine months later for nearly double that ... ( read original story ...)
Leveraging Business Opportunities in GBA Sustainability for Hong Kong
Maya de Souza is the Assistant Director for Policy Research at Business Environment Council, an independent organisation established by the business sector to promote environmental excellence. A recent article explored the trends and shifts that show ... ( read original story ...)
Pay gap: Hong Kong women earn more than men before 20 but only half when they turn 60
Findings by Community Business corroborates the study. Only 13.8 per cent of the 585 directors of Hang Seng Index constituent stocks were women as of March, according to the Hong Kong-based non-profit organisation committed to advancing responsible and ... ( read original story ...)
Yedpay! joins queue of hopefuls seeking a virtual bank licence in Hong Kong
The Payment Cards Group, also known as Yedpay!, is planning to apply for a virtual bank licence from the Hong Kong Monetary Authority to expand into the corporate banking business, according to a senior executive. The company offers Hong Kong mobile or ... ( read original story ...)
Meet the HK startup that brings smart contracts to the masses
A Hong Kong startup has launched DINO, a cloud-based platform that allows users with zero programming knowledge to build smart contracts by form filling or templates, while professional users can use its “drag-and-drop” interface and configurations to ... ( read original story ...)
Vinexpo Hong Kong 2018 ‘surpassed all expectations’
The winery also hosted its first masterclass in Hong Kong with the drinks business Hong Kong during the fair. Meanwhile, overall visitor figures were up 2% on 2016 and represented a wide cross-section of Asian markets with mainland Chinese visitors in ... ( read original story ...)