Tag: business

A month after China shut down all of its ivory markets on the mainland, Hong Kong has implemented a plan to phase out its own ivory trade over the next three years. Ivory seized in London after it was smuggled from Nigeria to importers in Hong Kong and China. ( read original story ...)

Tobias Bland said that thanks to the impending launch of the weighted voting right governance structure by Hong Kong Exchanges and Clearing, he expected several Chinese technology “marquee players” – smartphone giant Xiaomi as well as leading fintech ... ( read original story ...)

American electric car maker Tesla is prepared to downsize its operations in Hong Kong if the government does not give residents incentives to buy battery-powered cars in its upcoming budget announcement, a source close to the company told the Post. ( read original story ...)

It has been reported that Huang Lanfa, a deputy director of the central government’s liaison office in Hong Kong, has praised Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor for having got off to a good start since taking office. Well, technically ... ( read original story ...)

Hong Kong stocks posted their biggest weekly loss in two months on Friday, closing lower than the previous session. Mainland stocks rose for the first time this week, but still logged their steepest drop since December 2016. The benchmark Hang Seng Index ... ( read original story ...)

Hong Kong scored high in the four areas taken into account by the index: rule of law, government size, regulatory efficiency, and open markets. A lower incidence of corruption and decrease in business registration fees lifted its overall score by 0.4 this ... ( read original story ...)

Founded in 2013, Entersoft describes itself as an application security startup with a philosophy of Security By ... in countries such as Singapore, Hong Kong, Israel and Australia. The company also reported that this is not the first time it has achieved ... ( read original story ...)

Hong Kong-listed Four Seas Group, the operator of the popular Okashi Land confectionery stores in the city, is hitching on the emerging unmanned stores bandwagon in China to expand its reach, according to its partner. EasyGo, a Guangzhou-based start-up ... ( read original story ...)

Hong Kong and Chinese stocks may still come under pressure on Friday, adding to a sell-off in the previous session, as the markets have yet to fully digest the implications of disappointing earnings prospects among smaller companies and the liquidation of ... ( read original story ...)

Hong Kong can! It just needs a little connecting power. Dr Winnie Tang looks at Hong Kong startups’ challenges and a solution from the Smart City Consortium. The Hurun Greater China Unicorn Index published last month by the Hurun Research Institute ... ( read original story ...)

Hong Kong’s main stock index rose in early trade on Thursday to extend monthly gains, as China Overseas Land & Investment and property developers perked up gain after the US Federal Reserve kept borrowing costs unchanged. The Hang Seng Index added 0.2 ... ( read original story ...)

A senior Beijing envoy has warned Hong Kong to be prepared against “certain significant political and legal incidents” this year, while describing the city’s top official as having got off to a good start since taking office last July. Huang Lanfa ... ( read original story ...)

The competition was part of the 2018 StartmeupHK Festival in Hong Kong. According to the competition’s organizers, a total of 22 startups from around the world had four minutes each to pitch their business in front of a live audience to a panel of ... ( read original story ...)

HONG KONG (AP) — Hong Kong police sealed off part of a busy downtown neighborhood on Wednesday after an unexploded wartime bomb was found during construction work in the Asian financial center. Explosive ordinance disposal officers deployed to the scene ... ( read original story ...)