Buying among company directors rose while the selling fell for the second straight week, based on filings on the Hong Kong stock exchange in the last week of September. A total of 51 companies recorded 314 purchases worth HK$480 million versus seven firms ... ( read original story ...)
‘World-leading’ electronic wallet system linking Hong Kong banks to be launched next year
QFPay Overseas, a mobile payment start-up which has rolled out Alipay and WeChat Pay at 3,000 sales terminals across Hong Kong, welcomed the decision. Co-founder Will Leung admitted e-wallet services were slow to gain a foothold in Hong Kong, despite the ... ( read original story ...)
Hong Kong initial coin offering case studies: 330 Cubits and Gatcoin
“The challenge we have is a chicken and egg one,” said Johnson Leung, co-founder of 300 Cubits, a company in the midst of launching an ICO in Hong Kong, and hoping to revolutionise ... further development of the business. As well as raising capital ... ( read original story ...)
Hong Kong fast developing as a cryptocurrency centre
“The co-founders all have experience doing business in Asia, and we felt Hong Kong was the right place for us. The market is fast developing and we wanted to get in early and try to shape it.” An ICO is a means by which companies developing projects ... ( read original story ...)
Ardmore’s downtown disrupter: PucciManuli’s owner has a vision
Her career highlight was spending nearly a month in Asia covering the booming gaming industry there in 2009, where she crossed the South China Sea from Hong Kong to Macau on a ferry ... a partner at McKinsey & Co. and a former Wharton professor, was ... ( read original story ...)
Is an analyst worth US$75,000 or US$1m? How China decides
That compares with a 12 per cent drop in research jobs at global investment banks tracked by McKinsey & Co from 2011 through June ... change in careers and compensation,” said May Zhao, a Hong Kong-based analyst at Zhongtai Financial International ... ( read original story ...)
Growth in Chinese clients buying insurance in Hong Kong boosts FTLife’s business
The steady growth of mainland Chinese clients who come to Hong Kong to buy insurance products has boosted the business of FTLife Insurance, according to the company’s Asia CEO, Lennard Yong. The company, one of Hong Kong’s largest life insurers ... ( read original story ...)
Hong Kong’s financial institutions need skilled workers to improve risk management
While large financial institutions have made progress applying smart technologies like cloud, biometrics, and big data analytics to their risk management functions, 66 per cent of executives say skills deficiencies are impeding the effectiveness of the ... ( read original story ...)
InvesTech : CHANGE OF COMPANY SECRETARY, AUTHORISED REPRESENTATIVE, SERVICE AGENT AND PRINCIPAL PLACE OF BUSINESS IN HONG KONG
(Stock Code: 1087) CHANGE OF COMPANY SECRETARY, AUTHORISED REPRESENTATIVE, SERVICE AGENT AND PRINCIPAL PLACE OF BUSINESS IN HONG KONG CHANGE OF COMPANY SECRETARY, AUTHORISED REPRESENTATIVE AND SERVICE AGENT The board of directors (the "Board") of InvesTech ... ( read original story ...)
Can newcomer Just MMA kick-start Hong Kong’s ailing cage fighting scene? New organisation aims to showcase local fighters
Hong Kong’s efforts to carve itself a niche in the rapidly evolving world of mixed martial arts have received a boost with a new promotional organisation to be launched using the city as its base. “We want to build a sports media company and we want to ... ( read original story ...)
100 business representatives from Hong Kong and Sharjah meet to discuss trade and investment
In another ambitious move to increase Sharjah’s depth and reach of foreign investment, some of the emirate’s most influential economic drivers met with trade delegates, officials and businesspeople from Hong Kong recently, to present the unique ... ( read original story ...)
Hong Kong’s stock index is the world’s best performer to date, but is the party over?
Hong Kong stocks jumped 25 per cent in the first three quarters of this year, thanks to Tencent’s 78 per cent increase that accounted for nearly 30 per cent of the gains in the Hang Seng Index, making it the top performer among the world’s major stock ... ( read original story ...)
Protesters in Hong Kong demand full democracy on ‘Occupy’ anniversary
Reuters/Bobby Yip HONG KONG (Reuters) - Hundreds of protesters in Hong Kong on Thursday demanded full democracy outside government headquarters, speaking out against China's suppression of civil liberties on the third anniversary of a major pro-democracy ... ( read original story ...)
‘Bad Moms’ studio STX is said to be planning an IPO in Hong Kong in 2018
STX Entertainment, the Burbank film and television studio behind the comedy “Bad Moms,” is moving closer to a planned initial public offering in Hong Kong. The 3-year-old studio is expected to raise about $500 million on the Hong Kong stock exchange ... ( read original story ...)