Tag: business

GoGoVan, a Hong Kong startup that has created an app-based platform for logistics services through vans, will be merging with mainland-based 58 Suyun, a freight unit of internet marketplace 58 Home. When the transaction is completed, 58 Home will emerge ... ( read original story ...)

Hong Kong’s stock market is making a comeback ... we may revoke the licences of corporations and individuals if they do not genuinely carry out a business in a regulated activity,” the SFC statement said. “This followed our observation that an ... ( read original story ...)

Former ambassador to the US department’s Office to Monitor and Combat Trafficking in Persons, Luis CdeBaca, has called on the financial industry in Hong Kong to do their bit combating human-trafficking in the region and urged the city’s government to ... ( read original story ...)

Hong Kong’s second-hand tiny flats are 9 per cent more expensive than larger ones on a per square foot basis, as record-high home prices and government cooling measures have created a mismatch between supply and demand. The average per square foot price ... ( read original story ...)

NEW YORK (Reuters) - Veridium Labs, an environmental technology startup headquartered in Hong Kong, said on Monday it hopes to raise $150 million in October by selling two types of tokens backed by forest carbon offset credits and other credits used to ... ( read original story ...)

Hong Kong’s securities watchdog has teamed up with its counterpart ... for customers but many brokers are still hesitant to widely adopt fintech or AI in their business for fear of liability and regulatory issues,” said Mau. “If the SFC and other ... ( read original story ...)

Hong Kong logistics company GoGoVan has agreed to a merger with 58 Suyun, the freight business of mainland Chinese online classifieds giant 58 Home, creating the city’s first start-up worth more than US$1 billion. The merger would also create Asia’s ... ( read original story ...)

Hong Kong and mainland stocks both registered major landmarks on Monday. The Hang Seng Index now looks set to close above 28,000 for the first time since May 2015, with a gain of as much as 0.8 per cent in the morning session, while the Shanghai Composite ... ( read original story ...)

Severe Tropical Storm Pakhar barrelled down on Hong Kong and Macau on Sunday, disrupting flights and transport in two cities that had barely recovered from the hammering inflicted by Typhoon Hato last week. One man was killed in a traffic accident and 62 ... ( read original story ...)

McKinsey reported a couple of months ago that up to two thirds ... Rather, it is about ensuring that Hong Kong families have a place to live that they can properly call a home. It is a crime that Hong Kong’s regulators have not forced on developers ... ( read original story ...)

After a decade with the community’s main focus seemingly elsewhere, it is refreshing to have a chief executive who is inclined to be proactive in support of economic development generally and the business community in particular. The proposal by Carrie ... ( read original story ...)

expand business as a venue for meetings, conferences and exhibitions, and invite companies to hold activities at the park’s hotels. And only in 2018 when the first train pulls into Hong Kong will Disney know if the magic has returned. ( read original story ...)

HONG KONG, Aug 27 (Reuters) - Hong Kong and Macau braced for severe tropical storm Pakhar on Sunday, just four days after one of the strongest typhoons on record, Hato, caused serious flooding and damage in the territories. Both cities issued their third ... ( read original story ...)

On the other side of an unassuming doorway in Hong Kong’s busy downtown district of Sheung Wan, a team of people work tirelessly to bring together young people from different corners of the world. Founded by two Yale University alumni who met during ... ( read original story ...)