HONG KONG — Xiaomi, the Chinese gadget maker that has become one of the world’s largest smartphone companies, has picked Hong Kong to list its shares in what is widely expected to be a major initial public offering. The choice is a victory for the ... ( read original story ...)
Compass Offices Continues to Push the Frontiers of Flexible Workspace in Hong Kong
HONG KONG--(BUSINESS WIRE)--May 2, 2018--Compass Offices, Hong Kong’s fast expanding flexible workspace provider has launched its own dedicated co-working space on the 5 th floor of Silvercord Tower 2 right in the heart of Tsim Sha Tsui’s business ... ( read original story ...)
Chinese smartphone maker Xiaomi picks Hong Kong for IPO
Its revenue from the smartphone business jumped more than 65 percent in 2017. Chinese smartphone maker Xiaomi on Thursday filed for an initial public offering in Hong Kong but did not disclose the amount it's looking to raise or its projected valuation. ( read original story ...)
Chinese smartphone maker Xiaomi files for Hong Kong IPO
HONG KONG — Chinese smartphone maker Xiaomi filed documents Thursday with Hong Kong's stock exchange operator for an initial public offering that could be the world's biggest share sale in years. Beijing-based Xiaomi is the world's fourth biggest ... ( read original story ...)
Bigger say for Hong Kong’s securities watchdog will lead to better investor protection: study
Wong Kim Man, convenor of the HKICPA corporate governance working group, said Hong Kong needs to strike a balance between business development and investor protection to stay competitive. The SFC should require listed companies to disclose breaches of ... ( read original story ...)
Hong Kong developer New World Development to invest US$2.5b in Skycity airport retail complex
The Greater Bay Area links the cities of Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing into an integrated economic and business hub. Thomas Lam, senior director at real estate consultancy Knight ... ( read original story ...)
These East Asian cities are leading the way for entrepreneurs — you can start up for under $3,000
When it comes to start-ups, Silicon Valley has long reigned supreme, staking claim to international success stories from Apple to Facebook. But the landscape is shifting. New start-up scenes are popping up across the globe as cities seek to take a piece of ... ( read original story ...)
Why remittance startup Bitspark abandoned bitcoin
Harrap told the Hong Kong Economic Journal in an interview that the company ... He admits that Bitspark is trying to snatch business from these remittance giants. So far the startup has recorded more than 5,000 users, including about 12 money transfer ... ( read original story ...)
Filipino tycoon says Hong Kong missing out on business opportunities in her country
A prominent Filipino businesswoman has said Hong Kong investors have overlooked her country’s potential, urging them to forget any negative perceptions they have about the country and invest. Teresita Sy, daughter of the country’s richest man, Henry Sy ... ( read original story ...)
Start-ups listed on Beijing’s ‘new third board’ eye Hong Kong IPOs
A number of Chinese start-ups trading on National Equities Exchange and Quotations, or Beijing’s “new third board”, are eyeing flotations in Hong Kong after the city launched new listing rules this week, according to lawyers and bankers. “Some of ... ( read original story ...)
These MBAs just launched an urban farming startup in Hong Kong
A team of five recent MBA graduates from the University of Hong Kong (HKU) have just launched Farmacy HK, a smart city, urban farming concept based on cutting-edge hydroponic technology. The first concept city farm opened in Hong Kong’s Causeway Bay in ... ( read original story ...)
FinTech: This HKU MBA Is Leading Chinese Mobile Payments Startup QFPay’s Global Expansion
Now, after completing a full-time MBA at the University of Hong Kong (HKU), he’s joined groundbreaking mobile payments startup QFPay as an equity investor, driving the fintech firm’s global expansion. QFPay serves over one million merchants in China ... ( read original story ...)
Lack of innovation and incentives holding back Hong Kong from becoming a smart city
But proptech start-ups would also profit off the prohibitively expensive housing in Hong Kong. “An affordability crisis in housing and office markets would reinforce the growth of co-living and co-working spaces in Hong Kong,” the report said. ( read original story ...)
The secret burden of mental illness in Hong Kong
Grant and Parker decided on a fresh start and moved to Hong Kong in January 2017. They wanted to embark on a new adventure and maybe "leave some of what he was feeling behind," Parker said. But it "wasn't really a great tactic," she said. 'Black waves ... ( read original story ...)