In a bold and encouraging move forward, HSBC along with The Bank Of China Hong Kong have publicly addressed their plans to implement blockchain technology in select mortgage services and property valuation models by mid-November 2016. This veer towards the ... ( read original story ...)
Will Hong Kong’s street hawkers be saved by government licences or see their trades die?
As of last month there were 166 such license holders in Hong Kong, one of whom is in Kwun Tong. Tradesmen issued a license would be able to continue conducting business legally at the site, or choose a site from the district’s existing vacant hawker pitches. ( read original story ...)
Typhoon Haima leaves one dead in Hong Kong as city counts the cost
But Typhoon Haima, named after the Chinese word for sea horse, may have cost the city an estimated HK$5 billion in lost business, and Hong Kong International Airport was left with a backlog of hundreds of cancelled or delayed flights. Watch: Typhoon Haima ... ( read original story ...)
Hong Kong ad spending continues to fall amid sluggish economy
The advertising industry in Hong Kong could be headed for its worst year in more than a decade, as spending on campaigns fell for the third consecutive quarter at the end of September. Data published by media-monitoring company admanGo on Thursday showed ... ( read original story ...)
China stocks cautiously higher as yuan hits six-year low; Hong Kong market closed amid typhoon
Meantime, Hong Kong’s stock market was closed due to a typhoon – the second time this year bad weather has forced a halt to trading. The Shanghai Composite Index opened lower and bounced between small gains and losses for the day, before closing up 0.2 ... ( read original story ...)
Century Global pleased with China progress
Century Global Commodities Corp. (CVE:CNT) said it is very pleased with the growth in revenue, product range and customer base in the company’s food business in Hong Kong, China where Century relocated its headquarters. The move to Hong Kong was in line ... ( read original story ...)
Where all those ex-RBS employees in Hong Kong ended up working
Around this time last year RBS was busy cutting its Hong Kong headcount as the city became a mere sales office, mainly serving UK corporate clients doing business in Asia. And as we reported then, several other banks were vying to hire people exiting the ... ( read original story ...)
Hong Kong cancels stock trading as Typhoon Haima lashes city
It’s the second time this year the Hong Kong markets have closed because of weather disruption. Business was halted on August 2, when Typhoon Nida hit the city. Some brokerages have contingency plans to ensure they can trade other Asia Pacific markets ... ( read original story ...)
Hong Kong Scraps Morning Trading as Typhoon Haima Approaches
It’s the second time this year the Hong Kong markets have closed because of weather disruption. Business was halted on Aug. 2, when Typhoon Nida hit the city. Some brokerages have contingency plans to ensure they can trade other Asia Pacific markets from ... ( read original story ...)
AIA Group posts 27 percent rise in new business growth for third quarter
(Reuters) - AIA Group Ltd (1299.HK), the world's third-largest life insurer by market value, posted a 27 percent increase in new business in the third quarter helped by strong sales in its main markets of China and Hong Kong, the company said in a statement. ( read original story ...)
GolfTEC Arrives in Hong Kong
HONG KONG—GolfTEC has just introduced its first Golf instruction Centre to Hong Kong and has chosen to set up business in Central Hong Kong. This is the first of many it intends to open in South East Asian countries. For its 1st Hong Kong Centre has ... ( read original story ...)
Hong Kong’s (dys)functional constituencies simply help big business defend the status quo and oppress the economy
Malcolm X said: “If you’re not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing.” In Hong Kong’s case, different people, similar problem. Of the 70 members of Hong ... ( read original story ...)
Review: Cathay Pacific's Renovated The Pier Business Class Lounge, Hong Kong
Cathay Pacific's renovated The Pier Business Class Lounge is located in Terminal 1, by Gate 65. It's about a 15-20 minute walk from security or from The Wing Business Class Lounge. The lounge is open daily from 5:30am to 00:30, and the following passengers ... ( read original story ...)
Glavin: The fight for democracy in Hong Kong — and how Canada can help
Hong Kong’s all-powerful chief executive, meanwhile, is appointed by Beijing from candidates put forward by a 1,200-member election committee drawn mainly from big business and the Chinese government. A survey undertaken by the Chinese University of Hong ... ( read original story ...)