Number two in flows of goods, services, and finance, says the McKinsey Global Institute. Our students are among the highest performers in the world. Hong Kong students ranked second in mathematics and reading, and ninth in science, in the widely regarded ... ( read original story ...)
Decentralise Hong Kong’s business districts to ease traffic congestion
Privately owned vehicles are often blamed for chronic traffic congestion, especially in the prime business and retail centres. To curb the growth of private car numbers, some people have called for the introduction of electronic road pricing in Hong Kong ... ( read original story ...)
Hong Kongers look for an exit 20 years after handover to China
His wife has already secured citizenship there through an investment visa scheme and Tam plans to cash out his Hong Kong pension pot and start a business selling Hong Kong snacks. Tam is one of a growing number of people in the city looking for an exit. ( read original story ...)
Hong Kong Small Cap Stock Plunge Wipes Out $6.1 Billion in Value
Lerado said in a June 7 filing that the company is carrying on with its business and doesn’t expect the share suspension to have a material adverse effect on its daily operations. The broader Hong Kong market was resilient to the declines on Tuesday ... ( read original story ...)
Focus on economy not politics, Chinese vice-president tells Hong Kong business leaders
Chinese Vice-President Li Yuanchao said on Tuesday that Hong Kong had an irreplaceable role to play in national development, urging the city to divert energy from political controversies to economic issues. In a meeting with a delegation of Hong Kong ... ( read original story ...)
Hong Kong startup platform aims to find the next DJI
Since its official launch in July last year, incubator Hong Kong X-Tech Startup Platform, is already working on 20 projects, according to Professor Chen Guanhua of the University of Hong Kong, a co-founder of the incubator. The platform, which offers ... ( read original story ...)
It’s been 20 years, Hong Kong. Please just get on with the business of what you do best
Andrew Burns, Britain’s first consul general to Hong Kong after the 1997 handover, spoke to a business audience in the days before he retired in 2000. Erudite and amusing in equal measure, he asked himself what he would say in summary about Hong Kong’s ... ( read original story ...)
Hong Kong utilities’ “going out” mirrors the city’s transition since 1997
Lancaster has been based in Hong Kong working for CLP for the past 25 years. “Hong Kong is a fantastic hub for doing business ... within five hours from Hong Kong one can access almost half the world’s population,” said the Australian industry ... ( read original story ...)
Hong Kong business slams decision to scrap pension fund offset mechanism
Hong Kong business groups have labelled as reckless the government plan to stop them using pension fund contributions to offset severance and long-service payments. They warned the plan would discourage entrepreneurs from starting businesses in Hong Kong ... ( read original story ...)
Hong Kong was supposed to liberalize China. How did the opposite happen?
It predicted that once business-friendly Hong Kong became infected with China’s culture of corruption and patronage, this glittering international finance hub would become just another typical mainland city. “In fact,” the article declared ... ( read original story ...)
Li Ka-shing to retire from his global business empire by 2018
Hong Kong tycoon Li Ka-shing has decided he will retire from his business empire by next year. He says he will remain a “senior adviser” to his flagship conglomerate, CK Hutchison Holdings Ltd. As reported by the Wall Street Journal on Tuesday ... ( read original story ...)
After HKUST MBA, McKinsey Consultant Eyes New Career In Asia
Michael Straub is doing things the other way around. After two years working as a McKinsey consultant in Switzerland, he took a career break and relocated to Asia to pursue a full-time MBA at Hong Kong’s HKUST Business School. Michael wants to immerse ... ( read original story ...)
Hong Kong’s new start-up board is a dream come true, for all the wrong reasons
To the creative minds in mainland China, the recent proposal of a new board for start-up companies by the Hong Kong Stock Exchange is a dream come true. Unfortunately, all that glitters is not gold, and investors have seen plenty of the exchange’s ... ( read original story ...)
Meltwater buys Hong Kong start-up Klarity to harness data from Chinese social media
International media intelligence company Meltwater has acquired Hong Kong-based analytics start-up Klarity in a move that is expected to deepen the firm’s ability to harness data from major Chinese social media platforms like WeChat and Sina Weibo. ( read original story ...)