HONG KONG — Chinese and American officials will be trying to ... a Beijing-based partner at consulting firm McKinsey, who estimates it will take a decade for China’s efforts to result in any meaningful shift. “You’ve got to solve all the complexity ... ( read original story ...)
Healthcare next in line for tech transformation
Good Doctor made a market debut in Hong Kong on Monday through a highly anticipated initial ... As the report from consulting firm McKinsey showed, China's healthcare spending is projected to grow to $1 trillion in 2020. This moves in line with a nation ... ( read original story ...)
Tencent’s WeDoctor raises $500 million, values firm at $5.5 billion pre-IPO
The investment round was led by AIA Company Ltd, part of Hong Kong-listed insurer AIA Group Ltd (1299.HK ... according to consultancy McKinsey & Co, with private healthcare providers and insurers looking to take a larger slice of the market. ( read original story ...)
An Indian exec is set to make a fortune when Xiaomi goes public
Xiaomi has announced plans for a $10 billion stock market debut in Hong Kong, which could value the company at around ... In 2011, he gave up a four-year stint at McKinsey & Company to co-create the DINK Couple comics, a cartoon series that started out ... ( read original story ...)
As Xiaomi goes public, the man who built its Indian arm from scratch is set to make a fortune
Xiaomi has announced plans for a $10 billion stock market debut in Hong Kong, which could value the company at around ... In 2011, he gave up a four-year stint at McKinsey & Company to co-create the DINK Couple comics, a cartoon series that started out ... ( read original story ...)
FT Investing for Good Asia
He worked for McKinsey & Co in Hong Kong as a management consultant, advising multinational corporations before taking up a role as the Managing Director of Cisco Systems, with responsibility for its Asia Pacific telecoms businesses. Subsequently ... ( read original story ...)
Competing to Innovate in the Pearl River Delta Region
Hong Kong’s Financial Secretary Paul Chan has unveiled sweeping ... As Jeongmin Seong, Senior Fellow at the McKinsey Global Institute, explains, the twin engines that have driven much of China’s economic growth over the past decades—a huge ... ( read original story ...)
Asia moves: HKEX appoints first female chair
Hong Kong Exchanges and Clearing has named Laura Cha May-Lung the ... at the Ontario Teachers’ Pension Plan and the Carlyle Group. She has also worked at McKinsey, in various Asian countries, and at PwC. Nikko Asset Management has appointed Yoichiro ... ( read original story ...)
Hong Kong Airlines A350 Business Class In 10 Pictures
Hello from Los Angeles! After flying Ukraine International Airlines to Europe, Vietnam Airlines to Shanghai, and then Cathay Dragon to Hong Kong, my last flight of this review trip was from Hong Kong to Los Angeles on Hong Kong Airlines. I had never flown ... ( read original story ...)
HKTDC Entrepreneur Day seeks to connect startups and investors
Now on its 10th year, E-Day will be held at the Hong Kong Convention and Exhibition Centre from May 17 to 18. More than 270 exhibitors will participate in this year’s event, including startups in the fields of medical technology, biotechnology ... ( read original story ...)
Hong Kong should do more to foster development of sharing economy
Hong Kong is falling behind other Asian cities in developing its sharing economy amid the government’s lack of meaningful dialogue with major companies in this sector and the inadequate support for local start-ups. That was the view raised by panellists ... ( read original story ...)
PwC buys stake in Chinese blockchain startup VeChain
PwC Hong Kong and PwC Singapore have each acquired a small ownership interest in VeChain, according to PwC’s announcement on May 4. Terms of the investment were not disclosed. As of 1:00 p.m. on Tuesday, Hong Kong time, VEN was trading at US$5.14 ... ( read original story ...)
Hong Kong Business Community Joint Conference rejects ‘unacceptable proposal’ to scrap MPF offsetting mechanism
Hong Kong’s small and medium business owners put up a united front on Tuesday against a government proposal to stop employers from dipping into pension funds to pay for severance and long-service payments, calling on officials to offer more subsidies ... ( read original story ...)
‘Orwellian Nonsense’? China Says That’s the Price of Doing Business
and that the Hong Kong, Macau and Taiwan regions are inseparable parts of Chinese territory,” a spokesman, Geng Shuang, said on the ministry’s website. He added, “It must be pointed out that foreign firms doing business in China should respect China ... ( read original story ...)