The prices of lived-in homes in Hong Kong gained for a 27th straight month in June, but the rate of increase slowed down for a second straight month. An index of secondary-market home prices rose 6.3 ... ( read original story ...)
Could red tape stifle interest in Hong Kong government’s US$255 million fund for tech start-ups?
Venture capitalists chosen to take part in the Hong Kong government’s HK$2 billion (US$254.9 million) Innovation and Technology Venture Fund (ITVF) have expressed concerns that too much paperwork and ... ( read original story ...)
China Startups Brace For ‘Capital Winter’ As VC Funding Slows
Speaking on the sidelines of Forbes Asia’s Under 30 Summit in Hong Kong, a number of young investors and honorees ... “There is too much money in China. The not qualified startups are getting funding, ... ( read original story ...)
Singapore’s Hmlet acquires Hong Kong rival co-living rental ‘we r urban’
Hmlet, a co-living rental startup based out of Singapore has recently announced that it has agreed to acquire its Hong Kong competitor 'we r urban.' The deal marks Hmlet’s expansion into the Hong Kong ... ( read original story ...)
Keep forgetting your password? So does former finance chief John Tsang, and that’s why he’s backing this fintech start-up
But I believe in fintech and the commercial power of the mobile phone, because now over 80 per cent of people in Hong Kong have a mobile phone,” said Tsang, who recently invested in and was made chair... ( read original story ...)
Announcing the 11 companies of #propUP Techstars Startup Program powered by MTR!
We are excited to announce the eleven companies that will be joining #propUP Techstars Startup Program powered by MTR in Hong Kong. In less than three months, we have 132 promising companies all over ... ( read original story ...)
Eight Startups Selected for Accenture’s 2018 FinTech Innovation Lab Asia-Pacific After Record Number of Applications
Cyberport, which is one of the founding organizations of the FinTech Innovation Lab Asia-Pacific, will provide workspace to participating start-ups. It houses the largest fintech community in Hong Kon... ( read original story ...)
Capital controls? No problem for Tencent-backed Futu, the overseas trading app for Chinese investors
In its more established market of Hong Kong, daily trade on the Futu app now accounted for ... many rich people had already parked a considerable proportion of their wealth overseas. A McKinsey report ... ( read original story ...)
Melbourne-Hong Kong business class: Cathay Pacific vs Qantas vs Virgin
Receive 75,000 bonus Qantas Points and $200 back to your new ANZ Frequent Flyer Black credit card when you make one eligible purchase in the first 3 months. Eligibility criteria, T&Cs, fees and charge... ( read original story ...)
Hong Kong’s industrialists are moving out of mainland China to safer havens in Sino-US trade war
Another strategy could be for Hong Kong’s industrialists to turn their business strategies from exports toward China’s growing market of affluent consumers, with their voracious appetite for products, ... ( read original story ...)
The Murray in Hong Kong could be the city’s best new business hotel
Receive 75,000 bonus Qantas Points and $200 back to your new ANZ Frequent Flyer Black credit card when you make one eligible purchase in the first 3 months. Eligibility criteria, T&Cs, fees and charge... ( read original story ...)
Wilkinson calls speculation, school taxes ‘class warfare’
In some cases, the Hong Kong government-owned transit company then translates those rights — and increased value of property with transit — into profits or ownership of properties, according to an art... ( read original story ...)
Chinese Consumers to Get WebMD Content via WeChat
HONG KONG—China’s Tencent Holdings Ltd. TCEHY -1.64% has struck ... which is forecast to spend $1 trillion on health care by 2020, according to a report from McKinsey & Co. Its aging population is inc... ( read original story ...)
Millionaires are flocking to Australia, including a chunk of South Africans
Well over 80% of these millionaires come from China - followed by Hong Kong, Malaysia, South Africa and then Vietnam ... Microsoft More from CapeTalk Eskom not laying charges against McKinsey Most mil... ( read original story ...)