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 ...)
Hong Kong Fintech Unicorn WeLab Eyes Next Step – An IPO
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 ...)
Hold the business cards! Hong Kong professionals ditch typical networking to get inspired and connect
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 rise for a fourth week, while Shanghai shares remain under pressure
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 ...)
McKinsey 50,000 teu megaship forecast dismissed as ‘insane’
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 ...)
Hong Kong Rugby Union Appoints Ron Rutland as GM of Business Development
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 ...)
ITE: Hong Kong Citizens Spending Big on Travel
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 ...)
Hong Kong Startups Win Alibaba Entrepreneurs Fund Backing
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 ...)
Hong Kong entrepreneurs on how to make your start-up a success
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 ...)
Hong Kong Banks Shun Bitcoin, Driving Startups to Seek Foreign Banks
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 ...)
Hong Kong bourse ‘needs to create conditions’ to attract listings from technology firms
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 ...)
US arrests ex-Hong Kong and Senegal officials in bribery case
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 ...)
Here’s what you should consider when conducting business meetings in Hong Kong
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 set for longest winning streak in five weeks as financial companies make gains
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 ...)