While Hong Kong’s start-up revolution continues to surge because of increased activity in the financial technology field and the spark provided by young billion-dollar companies, a new study has found that overall business confidence in the city is down ... ( read original story ...)
Lee Kum Kee Wins the First Business for Social Good Award by Our Hong Kong Foundation
HONG KONG, Nov. 10, 2017 /PRNewswire/ -- Lee Kum Kee won the first "Business for Social Good Award" by Our Hong Kong Foundation in recognition of its contribution in creating shared values and promoting corporate sustainable development. As a responsible ... ( read original story ...)
Hong Kong stocks open lower, dragged by financials
Hong Kong stocks opened lower in early trading on Friday, retreating after closing above 29,000 for the first time in 10 years the previous day. Chinese banks and insurers were hit most as the Hang Seng Index fell 0.3 per cent, or 82.06 points, to 29,054 ... ( read original story ...)
Ten Innovative Startups Featured at Accenture’s FinTech Innovation Lab Asia-Pacific Investor Day in Hong Kong’s Cyberport
HONG KONG–A select group of financial services technology (fintech) companies demonstrated their products and services to dozens of top banking, venture capital and technology executives today at Accenture’s (NYSE:ACN) fourth annual FinTech Innovation ... ( read original story ...)
Avnet accelerates growth of tech startup community in Asia Pacific
HONG KONG, CHINA–(Marketwired – Nov 6, 2017) – Avnet Asia Pacific continued its ongoing investment in the region's startup community through its participation in the 2017 Elevator Pitch Competition (EPiC) as a diamond sponsor. Frederick Fu ... ( read original story ...)
We might start taking Hong Kong fans’ names to curb national anthem booing, FA director says
Soccer fans who buy tickets to watch the Hong Kong team’s matches could have their names taken in future, as part of attempts to reduce booing when the national anthem is played, according to a director of the football association. But Wilson Wong Wai ... ( read original story ...)
Hong Kong lawmaker to file complaint over CY Leung’s past HK$50 million business dealings with British anti-graft agency
A Hong Kong lawmaker revealed a plan to report HK$50 million in past business dealings involving the city’s former leader to Britain’s corruption-fighting agency this week. Democratic Party lawmaker Lam Cheuk-ting said he hoped to raise the matter ... ( read original story ...)
China’s new non-party liaison chief aims to boost support from Hong Kong business groups
The Chinese Communist Party has appointed the former party chief of the coastal province of Fujian to take charge of its relations with non-party groups at home and abroad, including Hong Kong and Taiwan. State media reported on Tuesday that You Quan had ... ( read original story ...)
Starting young in business: pupils, 14, pay HK$20,800 for stall at Hong Kong’s Lunar New Year fair
A group of 14 year olds on Tuesday showed how youth can trump experience by securing one of the coveted market stalls at Hong Kong’s Lunar New Year fair next year. The three pupils from Po Leung Kuk Tong Nai Kan Junior Secondary College in Sham Shui Po ... ( read original story ...)
MetLife Hong Kong Launches the Third Family Health Day
Both MetLife Limited and Metropolitan Life Insurance Company of Hong Kong Limited are authorized insurers carrying long term business in Hong Kong. ( read original story ...)
$5bn Li Ka-shing deal shows mainland appetite for Hong Kong offices
"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 ...)