"We expect the vacancy rate in Hong Kong's Central business district to remain the lowest among all at around 2%," Lau wrote in a report published on Monday. The overall vacancy rate for the city's grade-A offices is about 5%. Cathie Chung, national ... ( read original story ...)
Startup Accelerator Betatron Launches Cohort Two, Investing In Eight More Hong Kong Companies
For early-stage startups, raising a seed round from angel investors can sometimes be easier than expected, especially in a city like Hong Kong where the average wealth per individual is relatively high. But taking a startup to the next level and closing a ... ( read original story ...)
Hong Kong’s hottest IPO in a decade just turned supernova with top-end pricing
Tencent unit China Literature, mainland China’s largest online publishing and e-book website, is on schedule to complete the second-largest internet business IPO in Hong Kong this year, after pricing its HK$8.3 billion Hong Kong listing at the top end of ... ( read original story ...)
Hong Kong business activity falters as China orders shrink
Hong Kong’s private sector notched a second month of expansion in October but at a far slower pace than just one month earlier as demand from China shrank, according to an industry survey. The Nikkei-Markit purchasing managers’ index for Hong Kong’s ... ( read original story ...)
Hong Kong’s war chest swells as market rally boosts nine-month income to record HK$189.8 billion
Hong Kong’s Exchange Fund, the city’s reserves and cash arsenal for defending the currency, posted a record investment income of HK$189.8 billion in the first three quarters of this year, boosted by a rally in global stock markets, according to Hong ... ( read original story ...)
Hong Kong’s Exchange Fund posts record investment income for first nine months, thanks to stock market rally
Hong Kong’s Exchange Fund, the city’s reserves and cash arsenal for defending the currency, posted a record investment income of HK$189.8 billion in the first three quarters of this year, boosted by a rally in global stock markets, according to Hong ... ( read original story ...)
Hot AI Startup In Hong Kong Hits Unicorn Status And Shows The Way For More To Spring Up
The buzz in tech and venture circles in Hong Kong today is about the emergence of home-grown Hong Kong startups that have reached unicorn or $1 billion-plus status in financing. Their names are instantly recognizable in these circles: logistics service ... ( read original story ...)
50-foot ‘coffin homes’ and an £87 million townhouse deal highlight the scale of inequality in Hong Kong
House prices in Hong Kong are among the highest in the world, but it's also one of the world's most unequal cities. Its poorest residents have been priced out of the property market: Hong Kong's poor residents have just 50 square feet of living space per ... ( read original story ...)
HKSTP’s Elevator Pitch Competition Attracts Keen Global Interest Showcasing Hong Kong’s Rising Profile as a Start-up Hub
Strengthening Hong Kong's entrepreneurial spirit, 100 technology start-ups from around the world take a unique opportunity to meet potential investors HONG KONG, Nov. 3, 2017 /PRNewswire/ -- Hong Kong Science and Technology Parks Corporation (HKSTP) held ... ( read original story ...)
Need start-up funding? Cyberport rolls out network to help connect young companies with investors
Cyberport will spearhead a network aimed at more effectively connecting investors with start-ups based in Hong Kong to help boost the entrepreneurial landscape in the city. The Cyberport Investors Network (CIN) currently has over 50 funds and investors and ... ( read original story ...)
Norwegian ‘Start-up in Hong Kong’ seminar
On 9 November the Norwegian Chamber of Commerce Hong Kong is hosting a ‘low-key’ seminar with Mr Jørgen Sevild who will share an insight in how to set up a business in Hong Kong. The guest speaker graduated with a degree in industrial- and system ... ( read original story ...)
Review: Hong Kong Airlines Airbus A330 business class, Gold Coast-Cairns-HK
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 ...)
Silicon Valley Startup Raises $41M From Tencent & MindWorks Ventures To Teach Kids Coding In Asia
We’ve been seeing a trend of Silicon Valley startups coming to Asia to seek both funding and customer expansion for several years now. Not only do financial hubs like Hong Kong offer access to investment, but also the perfect strategic entry point for ... ( read original story ...)
Hong Kong motorists warned of delays as road works start on major city route
Hong Kong’s Transport Department has told commuters to leave home earlier for work and school on Thursday morning as road works are expected to cause serious traffic congestion on a major thoroughfare connecting the New Territories and Kowloon. ( read original story ...)