Tag: business

Hong Kong banks have frozen and closed accounts of bitcoin businesses, forcing the companies to open foreign accounts, according to the South China Morning Post. A representative of Hang Seng Bank advised the Gatecoin exchange on Sept. 15 that its account ... ( read original story ...)

The rules of the main board of Hong Kong’s stock exchange should be reviewed so that Chinese technology companies with dual-class share structures could list, boosting the city’s attractiveness as a destination for firms to go public. That was the view ... ( read original story ...)

These are external links and will open in a new window US authorities have arrested a former home secretary of Hong Kong and Senegal's ex-foreign ... the Ugandan foreign minister at the time to secure business advantages for the Chinese firm. ( read original story ...)

In the heart of Hong Kong’s dynamic world famous Victoria harbor sits a world of elegance, where no luxury is out of reach. Grand Hyatt Hong Kong redefines hotel luxury and offers facilities and amenities to meet your every need. You can watch ... ( read original story ...)

Hong Kong stocks rose for a fourth day on Tuesday and were on course for their longest winning streak in five weeks, as financial companies advanced. The Hang Seng Index gained 0.8 per cent, or 246.66 points, to 29,506.97 in morning trading. The Hang Seng ... ( read original story ...)

Receive 75,000 bonus Qantas Points when you spend $2,500 on eligible purchases In the first 3 months. Plus, earn 75 Qantas Status Credits if you buy a new return flight & travel before May 31, 2018. Save $425 with no annual fee for the first year. ( read original story ...)

Hong Kong stocks closed higher on Monday, aided by a surge in Tencent Holdings, whose market value surpassed US$500 billion. More than HK$14.5 billion (US$1.86 billion) worth of Tencent shares changed hands, accounting for 13.4 per cent of the total ... ( read original story ...)

The biggest one of them is controlled by developer Li Ka-shing, who has made it his life’s business to turn port facilities in Hong Kong into housing projects. This would be his biggest one ever, and the port business he loses here would be gained ... ( read original story ...)

A festival of light in Hong Kong this week will, among other things, champion the city’s neon signage. As well as teaming up with artists to create 16 works at sites on Hong Kong Island and in Kowloon, Lumieres Hong Kong, which runs from November 23 to ... ( read original story ...)

Mining for virtual currencies like bitcoin may not be as messy as its real-world equivalent, but the supply of electricity needed to cool the massive computing power that produces the currency means it has also developed a reputation for harming the ... ( read original story ...)

A stable economy in 2017 coupled with small improvements to the business landscape in Hong Kong has translated to optimism when it comes to salary increases in the market. The workforce will see a modest growth of 4.1% in their salaries in 2018 ... ( read original story ...)

German sportswear giant Adidas is planning to relocate its information technology operations from Hong Kong to Shanghai as part of a strategy to bolster its business on the mainland. A senior executive with the company, familiar with the plan, said Stefan ... ( read original story ...)

Wharf Holdings slid 2.2 per cent to HK$26.90, taking its losses so far this week to 7.8 per cent, after its decision to spin off and list its Hong Kong investment properties. Before the price adjustment from the business split, Wharf closed at HK$73 per ... ( read original story ...)

It is as simple as that. – Nelson Wong, vice-chairman, Business and Professionals Federation of Hong Kong, in SCMP’s “Letters to the editor”, November 15, 2017 He is absolutely right about the crowding. It is an embarrassment for Hong Kong that in ... ( read original story ...)