The bank's latest annual report said its Hong Kong branch had earned operating profit of Rs. 905 million and net profit of Rs 448.6 million in the financial year 2017-18. In the last fiscal, the bank's international business stood at Rs 128.71 billion and ... ( read original story ...)
Hong Kong companies have much to do to improve their dismal green credentials
sustainable practices and certification standards would give consumers confidence in their products and effectively communicate standards of industry leaders to business partners. However, Hong Kong’s sustainability efforts were seen lagging behind in ... ( read original story ...)
Hong Kong’s prisoners wagering their lungs on World Cup
Hong Kong’s prisons are once again a hive of cigarette-fueled gambling activity as the hours count down to the start of the 2018 FIFA World Cup. As police forces across the Asia-Pacific region brace for this month’s expected onslaught of illegal ... ( read original story ...)
How going by the book helped Hong Kong start-up VCredit weather China’s breakneck consumer finance market
When Stephen Liu Sai-wang set up online consumer finance firm VCredit a dozen years ago, he wondered whether his “follow the rules” Hong Kong approach to business would allow him to prosper in mainland China’s breakneck, anything-goes environment for ... ( read original story ...)
Hong Kong: Driving growth in a leading global financial hub
and we put them within a space that's geographically suitable for their business," Batcha told 'Spotlight'. We’ll be back again soon with another edition from Hong Kong, looking at how people there work hard but also play hard! ( read original story ...)
Hong Kong independence activists get record jail sentences for riots
Hong Kong — Three protesters from Hong Kong’s radical youth opposition were jailed on Monday for taking part in violent unrest, receiving the harshest sentences handed down to democracy activists since the city returned to Chinese rule in 1997. ( read original story ...)
Hong Kong ETF market must build up ‘one-stop shop’ ahead of Connect launch, says bourse operator
The Hong Kong exchange-traded fund industry needs more assets under management and product variety to fully benefit from the launch of the ETF Connect programme, Brian Roberts, head of exchange-traded products at bourse operator Hong Kong Exchanges and ... ( read original story ...)
Henderson’s Mong Kok launch gets strong response as Hong Kong’s property sales keep pace
Hong Kong homebuyers rushed to buy small flats that kicked off sales over the weekend, underscoring insatiable demand in the world’s priciest property market even as signs of overheating are almost ubiquitous. At Henderson Land Development’s Cetus ... ( read original story ...)
Impossible Foods Checks in to Hong Kong Hotels
one of the world’s leading travel and culinary destinations HONG KONG--(BUSINESS WIRE)--Impossible Foods is offering its award-winning, plant-based meat at three of Hong Kong’s top-ranking hotels: Hotel ICON, Grand Hyatt Hong Kong, and InterContinental ... ( read original story ...)
When Hong Kong needs more land for housing and progress, why rule out reclamation and country park fringes?
Activists claim government-business collusion if land held by developers in the New Territories is released. They want to develop the Fanling golf course and the brownfield sites. But even then, there will still not be sufficient land for Hong Kong to ... ( read original story ...)
Xiaomi gets Hong Kong stock exchange approval for IPO; to raise over $10 bn
Xiaomi Corp. has won Hong Kong stock exchange approval for its planned initial public offering, which would be the first listing in the city with weighted voting rights, people with knowledge of the matter said. The smartphone maker passed its so-called ... ( read original story ...)
Mainland Tenants Only Care About Being in the Right Building Says Hongkong Land
Head of Office Space at Hongkong Land, whose company owns Jardine House and the Exchange Square complex, as well as several other prime buildings in the city’s Central business district. “Mainland Chinese demand doesn’t really care too much about ... ( read original story ...)
Hong Kong restaurant where it’s not about the money: Sammy’s Kitchen survives, sucks up 48pc rent rise – and cuts lunch prices
Ivy Yip Fung-yee, daughter of Sammy Yip, told the Post that some regular customers know the Hong Kong-style restaurant is still open ... but it turned out that business wasn’t moving until December, so the timing didn’t work for me. ( read original story ...)
This Hong Kong ‘Smart Ring’ Startup Raised $2.5M To Crack The Wearables Market
When you think wearables, the first things that come to mind are probably smartwatches and fitness bands. Wearables surfaced as a mainstream consumer electronics trend about four years ago, but eventually the trend tapered. One Hong Kong startup, Origami ... ( read original story ...)