A powerful typhoon barreled into Hong Kong on Wednesday, forcing offices and schools to close and leaving flooded streets, shattered windows and hundreds of canceled flights in its wake. Typhoon Hato came within 60 kilometers (37 miles) of Hong Kong ... ( read original story ...)
Hong Kong financial markets delayed by severe tropical storm
HONG KONG: Hong Kong braced for severe tropical storm Hato on Wednesday, with hundreds of flights and other transport services cancelled and schools and most businesses in the financial hub expected to be closed for the better part of the day. The weather ... ( read original story ...)
Archiparti, Hong Kong Startup for Architects
It may seem obvious that the job of an architect is to design, but in reality, many spend most of their time processing paperwork and communicating with clients. A Hong Kong startup is tackling the problem. Archiparti, a Hong Kong-based tech startup, is ... ( read original story ...)
Uber raises rates in Hong Kong due to “evaluation of the marketplace”
Uber is hiking its fees in Hong Kong for its ride-sharing service ... in addition to stints at The United Nations, McKinsey, and various board positions with The Asia Foundation, The Aspen Institute, EmancipAction and YoungLife. “Uber is one of the ... ( read original story ...)
Hong Kong divided over how to remake bourse to lure startups, as consultation draws to a pause
Hong Kong’s financial industry professionals are still divided over how they can remake the city’s stock exchange to make it the world’s most attractive place for startups and technology firms to raise capital, even as the first round of a public ... ( read original story ...)
Sequoia’s First 6 Early Investments In Hong Kong Boost Its Growing Startup Ecosystem
Hong Kong’s tech startup ecosystem is moving up another notch, thanks to deals such as the $9 million investment in the city’s own bike-sharing service GoBee and backing of six startups from a Sequoia Capital China-linked fund and platform. The six ... ( read original story ...)
3 Essential Lessons For Startup Founders From A Top Hong Kong VC
There’s an old investing joke that goes something like this: “If you want to make a million dollars, start with ten million.” This is most certainly the case when it comes to angel investing in early stage startups. I myself can vouch for the ... ( read original story ...)
Chinese luxury consumers: More global, more demanding, still spending
Shopping is cited as the primary reason for these consumers’ choice of travel destination, and when they shop overseas, Hong Kong remains their top destination, followed by South Korea and Japan. Price remains a key factor determining whether a wealthy ... ( read original story ...)
Hong Kong X Technology Fund backs 6 startups
The Hong Kong X Technology Fund today announced its first round of investments into six Hong Kong-based tech companies as part of its accelerator program. Several of the chosen startups will move into the fund’s X-LAB co-working space in Hong Kong during ... ( read original story ...)
Hong Kong’s Cathay posts $262M 1H loss on fierce competition
which raises costs for visitors to the city and cuts into profits earned in other currencies after they're converted back to the Hong Kong dollar, which is pegged to the U.S. dollar. Slosar said a "stellar performance" at Cathay's cargo business helped ... ( read original story ...)
Tenfu Cayman : APPOINTMENT AND RESIGNATION OF NON-EXECUTIVE DIRECTORS
She is based in Hong Kong and focuses on General Atlantic's investment in the retail and consumer and healthcare sectors in Greater China. Prior to joining General Atlantic, Ms. Chang served as a business analyst in the corporate finance group of McKinsey ... ( read original story ...)
Hong Kong X Technology Fund makes 1st investment in 6 startups
Hong Kong X Technology Fund has announced its first investment into six rising Hong Kong-based technology companies as part of an accelerator program Hong Kong X Technology Fund has announced its first investment into six rising Hong Kong-based technology ... ( read original story ...)
Hong Kong realtors never had it so good, hiring record number of agents in city’s real estate boom
Hong Kong agents’ commissions typically range between 2 to 4 per cent of the sales price of new apartments. For second-hand units, the fee is 1 per cent of the sale price, paid by both the buyer and the seller. Business has been good for both Centaline ... ( read original story ...)
Hong Kong X Technology Fund backs 7 startups
The Hong Kong X Technology Fund today announced its first round of investments into seven Hong Kong-based tech companies as part of its accelerator program. Several of the chosen startups will move into the fund’s X-LAB co-working space in Hong Kong ... ( read original story ...)