The Chinese Gold & Silver Exchange Society (CGSE), Hong Kong’s gold exchange, is in talks with Singapore, Myanmar and Dubai to establish a gold commodity corridor to promote yuan-denominated products under China’s Belt and Road Initiative, according to ... ( read original story ...)
Nirav Modi’s Taiwan, Surat, Hong Kong and Dubai connections
Documents accessed by Business Standard show owners of suspected Hong Kong-based shell companies are spread across the globe. Documents accessed by Business Standard show some of the Hong Kong-based entities to which at least $45 million was paid in less ... ( read original story ...)
Hong Kong’s Hang Seng Bank beats forecasts with 23 per cent profit rise, says to expand fintech
“As Hong Kong’s leading domestic bank, we will launch more fintech initiatives that align with our customer-centric business strategy to help drive in a new era of ‘smart banking’ in our city,” she said. The bank will also launch second public ... ( read original story ...)
Hong Kong says case against former chief still open
Hong Kong's Department of Justice is still considering whether to prosecute the city's former leader, Leung Chun-ying, over a controversial payment by Australian engineering firm UGL in 2011 as part of a deal to acquire his commercial real estate business ... ( read original story ...)
Hong Kong directors buy more of their companies’ shares in Lunar New Year holiday week
Buying of shares in their own companies by Hong Kong directors surged during the holiday-shortened week of February 12 to 15, after falling for three straight weeks, while selling plunged, based on filings to the Hong Kong stock exchange. A total of 18 ... ( read original story ...)
Hong Kong home prices might surge by 10 per cent this year, says sales head at Henderson
Hong Kong, the world’s most expensive real estate market, could see home prices rise by another 10 per cent this year after a 14 per cent gain last year, according to the head of sales at one of the city’s largest developers. The projection ... ( read original story ...)
Hong Kong offers Indian startups unique edge in proximity to Mainland market: Stephen Phillips, Director-General InvestHK
The Director-General of Hong Kong’s investment promotion body is in the country for a five-day visit to engage with local business community and entrepreneurs. Stephen Phillips is the Director-General of Investment Promotion at Invest Hong Kong ... ( read original story ...)
Brisbane cybersecurity company beats worldwide competition to be named 2017 FinTech Startup of the Year in Hong Kong
Entersoft co-founder and CEO Mohan Gandhi receives his company's award from Dr Winnie Tang, Honorary Professor at the Department of Computer Science at Hong Kong University A Brisbane-based cyber security provider to the fintech industry has beaten ... ( read original story ...)
Hong Kong’s Business of Design Week to partner with Melbourne in 2018
Melbourne has been selected as the partner for Business of Design Week 2018, Hong Kong's flagship architecture and design event and exhibition. ArchitectureAU reports on the 2017 program in anticipation of the focus on Melbourne’s creative sector in 2018. ( read original story ...)
Why are Hong Kong bureaucrats such misers when it comes to spending on needed services?
SCMP, February 12 They say history repeats itself, and I believe it. Here is what the now defunct Far Eastern Economic Review had to say about the Hong Kong budget 50 years ago: “For the first time in living memory, Hongkong’s Financial Secretary ... ( read original story ...)
Hong Kong Indian restaurant owner on 33 years in the business, surviving Sars and the changing face of Wan Chai
When Kuldip Uppal and his older brother Sukwinder were growing up in Jalandhar, in India’s Punjab state, they knew very little about Hong Kong. Their only window on the then British colony was the presents their father, Tarsem Uppal, brought back for ... ( read original story ...)
Hong Kong tackles world’s $65bn electronic waste problem
Hong Kong has just opened its first government-backed recycling facility for electronic waste as it seeks to lead Asia in tackling a growing global blight that is damaging the environment, threatening human health and lining the pockets of smugglers. ( read original story ...)
Hong Kong shares gain as new China subsidy boosts electric car makers
Hong Kong stocks continued to rebound, enjoying bigger gains on the last full trading day before Lunar New Year. Mainland markets also moved higher. The benchmark Hang Seng Index gained 2.27 per cent, or 676.07 points, to 30,515.6 on Wednesday. ( read original story ...)
Top 10 Fintech Accelerators In Southeast Asia And Hong Kong for 2018
SuperCharger does not take any equity and the program gives selected startups access to partner institutions and firms, as well as regulators and legal experts. SuperCharger started in Hong Kong where it sought to leverage on Hong Kong’s traditional ... ( read original story ...)