Tag: business

This story is part of Forbes’ coverage of Hong Kong’s Richest 2018. See the full coverage here. In 1992, Sammy Lee (李惠森) had an idea for a company making Chinese herbal health care products. Today the LKK Health Products Group is bigger than the ... ( read original story ...)

A transaction at the beginning of this year provided an interesting reminder of the somewhat quaint nature of Hong Kong’s retail sector, highlighting how it operates and why it may no longer be able to operate in this way. Marks & Spencer, the British ... ( read original story ...)

The enclave has the world’s largest offshore pool of renminbi business, processing 70 per cent of global offshore payment transactions. Hong Kong’s stock market is also continually among the top five global IPO listing markets, partly thanks to growing ... ( read original story ...)

“We welcome Finastra and McKinsey to the Cyberport community, and firmly believe that the Center of Excellence will provide a strong platform for us to engage industry players,” added Hong Kong Cyberport Management Company Limited Non-Executive ... ( read original story ...)

David Hanson envisions a future in which AI-powered robots evolve to become “super-intelligent genius machines” that might help solve some of mankind’s most challenging problems. If only it were as simple as that. The Texas-born former sculptor at ... ( read original story ...)

In light of this, Mr. Tin Mok, founder and CEO of Trend Lab, has gathered talents from various leading internet technology companies in the Guangdong-Hong Kong-Macao Greater Bay Area. With its official establishment, the new AI FinTech startup Trend Lab ... ( read original story ...)

It is also a strong hub for Asia and the Belt and Road region. Dr. Lee George Lam, Chairman, Hong Kong Cyberport Management Company Limited, said, "We welcome Finastra and McKinsey to the Cyberport community, and firmly believe that the Center of ... ( read original story ...)

The Hong Kong government is taking a cautious approach in the plans to review its mortgage policy for first-time buyers, according to James Lau, the secretary for financial services and the treasury – but any such move must be carefully thought out ... ( read original story ...)

Hong Kong’s Hang Seng Index HSI, -0.23% ended down 0.2%, after climbing around 1% earlier in the session. The turnaround came amid steep losses in mainland Chinese equities. The Shenzhen Composite 399106, -1.80% ended down 1.8% and the startup-heavy ... ( read original story ...)

Zhu Xin, the Shanghai manager of a large Sino-British business organisation ... Affairs see the UK’s impending departure from the EU as a great opportunity. Hong Kong ex-governors Patten and Wilson still upbeat about city’s democracy ( read original story ...)

Hong Kong stocks broke the historical closing high in early trading on Monday morning, as Tencent Holdings climbed further into record territory, and financials advanced broadly. The Hang Seng Index opened up 1 per cent at 31,702.56, breaking the ... ( read original story ...)

Hong Kong’s securities regulator has signalled to the market its willingness to settle regulatory breaches that fall into the “not-so-serious” category, emulating similar policies by the UK’s Financial Conduct Authority to find a speedier and more ... ( read original story ...)

After a strong performance in 2017, the Hong Kong economy is projected to ease up in 2018, led by slower consumption growth as the housing market softens, higher interest rates and a rise in external uncertainties. Most analysts The Straits Times contacted ... ( read original story ...)

According to McKinsey, this chauvinism - which push women out of the ... with its all-male black-suited Politburo. Even here in Hong Kong, with an Equal Opportunities Commission focused on eliminating such inequities, government data show that the gender ... ( read original story ...)