For Alibaba, it could provide greater access to investors closer to China who are familiar with its business and allow it to benefit from the Hong Kong government's growing support for financial services innovation, said James Lloyd, Asia-Pacific FinTech ... ( read original story ...)
Hong Kong’s MPF pension scheme set for more good returns in 2018, Fidelity says
But it’s always advisable to take a more diversified view,” said Luk Kim-ping, head of Fidelity’s Hong Kong defined contribution business. Hong Kong and China equity funds were the MPF’s biggest winners last year, with the top 10 funds by ... ( read original story ...)
HK startup shows the way toward ‘smart’ glass
A Hong Kong startup has rolled out a smart-film product that can easily turn an ordinary glass into a frosted and opaque one and allows the glass to serve as a display monitor. Film Players Ltd., an entity specializing in film and advanced display ... ( read original story ...)
ICO Report: Singapore, Hong Kong and Switzerland are leading
In Hong Kong, government support includes Hong Kong Science & Technology ... The globally renowned Crypto Valley ecosystem, which is home to several notable blockchain and cryptocurrencies startups and organizations including the Ethereum Foundation ... ( read original story ...)
Every Startup Dreams Of Global Expansion — This Company Lets You Do It Right Out Of The Box
Helping startups scale and begin that journey to profitability is the mission of Stripe and Piruze Sabuncu, who has served as the company’s Head of Southeast Asia and Hong Kong since 2015. Sabuncu experienced failure earlier in her career as part of a ... ( read original story ...)
Boom in startup firms
Invest Hong Kong (InvestHK) says the number of startups last year rose 16 percent, while shared laboratories in Hong Kong also increased from just three five years ago to 55 at present.Charles Ng, associate director-general of investment promotion at ... ( read original story ...)
The $64 question facing startup founders and would-be founders
As StartmeupHK (http://www.startmeup.hk/), Hong Kong’s annual flagship startup event, gets set for its 2018 lineup of programs and events later this month, we examine a core question that underlies the very startup process: deciding to pursue the startup ... ( read original story ...)
Asian markets build on blistering start to year
Asian markets mostly rose on Tuesday with Hong Kong edging up for an eleventh straight trading day as investors press on with a global rally that has the region enjoy its best start to a year since 2006. Wall Street provided yet another record lead as eyes ... ( read original story ...)
Hong Kong IPO said to be 1,500 times oversubscribed in frenzy
C-Mer will complete order-taking on Monday (Jan 8) and start trading on Jan 15. A Hong Kong-based external spokesman for the company declined to comment on the IPO. Yixin Group, an online car loan provider backed by Tencent, has been trading below its IPO ... ( read original story ...)
Jack Ma to consider listing Alibaba on Hong Kong stock exchange
“Now I hope Alibaba can come back to list in Hong Kong,” Lam said. She said the stock exchange had decided to start allowing the dual-class share system in midyear, and described allowing the system as a form of economic innovation. I have never been ... ( read original story ...)
Most Asia stocks start week on a high, Hong Kong up for tenth day
Most Asian markets rose on Monday following yet more records on Wall Street, with Hong Kong chalking up its tenth day of gains. Traders in New York pushed all three main indexes ever higher on Friday, unperturbed by a well-below-forecast jobs reading. ( read original story ...)
Startup Societies UN’s Newest Scheme For Re-Engineering Society’s Future
and their sprawling suburbs and farms are a problem in the transition to startup societies.” SSF proposes the use of CO2-binding concrete, artificial photosynthesis, and vertical integration such as the laudable architectural high rises in Hong Kong ... ( read original story ...)
Hong Kong IPO ‘over 1,500 times oversubscribed’ in retail frenzy
HONG KONG • Investors are still flocking to initial public offerings ... It completed its order-taking yesterday and will start trading on Jan 15. Yixin Group, an online car-loan provider backed by Tencent, has been trading below its IPO price since ... ( read original story ...)
Hong Kong businessman pleads not guilty in bribery case
Prosecutors say the 68-year-old former Hong Kong government official and another businessman arranged bribes to the president of Chad and the Ugandan foreign minister to secure business advantages for a Chinese energy conglomerate. Ho once was Hong Kong ... ( read original story ...)