Tag: business

The Hong Kong government will step up efforts to promote innovation and technology. This was the message from Chief Executive Carrie Lam Yuet-ngor at the grand final of Alibaba’s startup competition Jumpstarter 2017 held in Hong Kong last week. ( read original story ...)

Chesterfield-based Reinsurance Group of America, a global life reinsurer, has invested in fintech startup Bitspark, based in Hong Kong. The company made its investment through its subsidiary RGAx, which focuses on new and emerging technology. The amount of ... ( read original story ...)

China’s securities regulator will suspend the approval of new mutual funds that are meant for investing in Hong Kong’s equity market, putting a temporary cap on southbound capital that has boosted the city’s benchmark stock index to a decade high. ( read original story ...)

After visiting the new Cathay Pacific lounge in Singapore’s brand spanking new terminal 4 it was off to Hong Kong. Cathay offers 8 flights a day non-stop to Hong Kong from Singapore and they also fly daily to Bangkok. I was on their third flight of the ... ( read original story ...)

Hong Kong shares closed lower on Monday, as investors largely shrugged off data showing profits at China's industrial firms continued to grow at a robust pace last month despite a slight cooling from a sizzling September. At close of trade, the Hang Seng ... ( read original story ...)

The 89-year-old should be prepared to hand out the cash. Sure, Hong Kong’s benchmark gauge closed above 30,000 on only one day last week, with the market being dragged down on Thursday by the worst stock rout in mainland China since June 2016. ( read original story ...)

One of Hong Kong’s unicorn startups, online lending startup WeLab, fresh from raising $220 million in funding last month, is considering its next mega move. Plans are afoot to go to the next stage of growth with preliminary steps for a public listing in ... ( read original story ...)

For anyone who’s sick of conventional networking events in Hong Kong that feel like a soulless marathon of business card dissemination, an alternative has been gathering momentum in the city over the past three years. More people are gathering through a ... ( read original story ...)

Hong Kong stocks closed on an upbeat note on Friday, extending its advance to a fourth straight week, while Shanghai shares retreated for a second week amid concerns about tightening liquidity and strengthened regulatory surveillance. The Hang Seng Index ... ( read original story ...)

The concept of the 50,000 teu containership recently forecast by consultants McKinsey was dismissed as neither needed or possible by senior industry executives at a conference in Hong Kong. As containerships grow ever larger McKinsey forecast that come ... ( read original story ...)

The Hong Kong Rugby Union has appointed Mr Ron Rutland as General Manager of Business Development. In the newly created position, Rutland will drive growth in the business effectiveness of the HKRU’s non-Sevens properties, including the domestic men’s ... ( read original story ...)

HONG KONG, CHINA–(Marketwired – Nov 21, 2017) – With total outbound spending of US$24.2 billion in 2016, Hong Kong ranked World's 10 th / Asia's 3 rd largest market (UNWTO Tourism Barometer Jun 17), but No.1 among these 10 largest markets by per ... ( read original story ...)

Three Hong Kong-based start-ups on Tuesday each won up to US$1 million in investment from the Alibaba Hong Kong Entrepreneurs Fund’s Jumpstarter competition. Surgical robotics firm CuttingEdge MedTech, green energy solutions provider En-Trak and ... ( read original story ...)

It is almost 6pm on a Friday and Janet Middlemiss is running around the WeWork office in Wan Chai. She is jumpy because the soft launch is taking place for Born to be the Boss, a self-help guide for budding entrepreneurs that Middlemiss co-authored with ... ( read original story ...)