Over the past several years Hong Kong has been trying to reinvent itself as a hi-tech hub, looking to turn start-ups into the next Facebook or Google. But with the focus on technology, other entrepreneurs say they are being neglected, even though they feel ... ( read original story ...)
Ships Carrying 50,000 Containers Are on Horizon, Report Says
Today’s top dog, the OOCL Hong Kong, can carry a mind-boggling 21,413 boxes – far more than the largest ship ever to call on the Port of Hampton Roads. So it’s only natural to ask: Are we nearing the limit of what’s possible? To which McKinsey & Co ... ( read original story ...)
Hong Kong business leaders team up to seize Belt and Road opportunities
Hong Kong’s trade promotion body has taken steps to tap into opportunities offered by China’s ambitious international trade strategy by launching a new high-powered committee of business leaders to come up with detailed plans. They are focusing on the ... ( read original story ...)
Hong Kong stocks seen lower on US cues, after sweeping US tax bill passes Congress
Hong Kong stocks are on track to open slightly higher on Thursday, as the Hang Seng Index futures spot December contract inched up 0.1 per cent, or 29 points, to 29,330 in the pre-opening session. On Wednesday, US shares closed slightly lower, after the ... ( read original story ...)
Hong Kong stocks climb as gain in Tencent outweighs net selling by mainland traders in exchange link
Hong Kong stocks climbed for a second day on Tuesday, as the gain in Tencent Holdings countered the first single-day net selling in four months by mainland investors through the stock connect schemes between the city and mainland China. The Hang Seng Index ... ( read original story ...)
KPMG partners face court contempt proceedings in Hong Kong over China audit
Hong Kong and US regulators have been at loggerheads with Chinese ... “They need to comply with the laws in all of the locations where they are doing business.” ( read original story ...)
Meet the 24 global startups competing at Fintech Finals 2018 in Hong Kong
At the end of January, Hong Kong is hosting its local startup event called StartmeupHK Festival and as part of the celebration, 24 startups will be pitching for a chance to win US$10,000. The pitching challenge is called Fintech Finals 2018 and it is run ... ( read original story ...)
Life after work: Hong Kong employees’ retirement savings fall short by about HK$2 million
Most Hong Kong employees on average are expected to fall short by about HK$2 million (US$260,000) for life after retirement, according to a survey by the Hong Kong Investment Funds Association (HKIFA). Only 23 per cent of Hong Kong employees believe that ... ( read original story ...)
INFINITI LAB 3.0 concludes with Demo Day in Hong Kong
(Photo: Infiniti) INFINITI LAB 3.0 recently concluded its nine-week program with a successful Demo Day held at Loft 22, in Hong Kong’s Central district. INFINITI LAB is designed to empower ambitious startups to reach their full potential. The program ... ( read original story ...)
24 Startups from Across the Globe Selected to Compete at Fintech Finals 2018
Cash prize of US$10,000 on offer for Best in Show Winner HONG KONG, Dec. 20, 2017 /PRNewswire/ -- 24 startups from around the world will be competing for the chance to win a cash prize of US$10,000 at Fintech Finals 2018 in Hong Kong on 30-31 January ... ( read original story ...)
Hong Kong traders expect stocks to open lower after two days of gains
Hong Kong stocks are expected to open lower on Wednesday, as the Hang Seng Index futures spot December contract lost 0.4 per cent, or 120 points, to 29,127 in the pre-opening session. On Tuesday, US stocks pulled back from record closes, after the House of ... ( read original story ...)
Hong Kong Airlines starts USA service
Cathay Pacific Airlines will launch nonstop service September 16 between Hong Kong and Washington Dulles worldwide airports ... while regional carrier Cathay Dragon will start 4X-weekly service to Nanning in mainland China in January 2018. ( read original story ...)
Edward Leung quits localist group Hong Kong Indigenous ahead of riot trial
quit the radical group Hong Kong Indigenous on Monday, one month before the start of an 80-day trial over rioting charges. In a statement on Facebook, Hong Kong Indigenous, which was cofounded by Leung, announced that he had resigned as he wanted to spend ... ( read original story ...)
This Chinese startup’s electric SUV is a lot cheaper than Tesla’s
HONG KONG (CNNMoney) - Competition is heating up for Tesla in the world's biggest market for electric cars. Shanghai-based startup NIO is the latest Chinese company to try to get in on the action. It unveiled a 7-seater electric SUV at a glitzy launch ... ( read original story ...)