Tag: business

Hong Kong logistics start-up Lalamove said on Wednesday that it has raised US$100 million in the latest round of funding, placing its valuation to close to US$1 billion, giving further impetus to its expansion plans in Southeast Asia and maintain its ... ( read original story ...)

Keep the questions to the tennis, the gathered media was urged before Venus Williams’ post-match press conference. The Victoria Park media tent hardly seemed the time or place to bring up the fatal car crash she was involved in earlier this summer. ( read original story ...)

Hong Kong’s public transport commuters will be given a monthly ... Carrie Lam Cheng Yuet-ngor’s maiden policy address, the Post has learned. Local business operators will also benefit, with the profits tax rate for their first HK$2 million in profits ... ( read original story ...)

Expecting a bonanza, investors have pushed BYD shares up by as much as 70% in the past month on the Hong Kong Stock Exchange ... first-time car buyers," according to a recent McKinsey report. "In all, China provides monetary subsidies that, for a ... ( read original story ...)

Using data from McKinsey & Co and Bain & Company ... Also ranking in the top worldwide locations for luxury shopping was Hong Kong with £6.2 billion sales and Beijing with £6 billion. Traditionally affluent shopping locations such as Las Vegas and ... ( read original story ...)

Prior to HealthAllies, he was a consultant with McKinsey & Company and an investment banker with ... Amsterdam, Beijing, Greenwich, Hong Kong, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, and Singapore. Copyright (c) Buyouts Insider/Argosy ... ( read original story ...)

Carrie Lam said that the government’s work on reform had been “open and transparent.”. SCMP Pictures HONG KONG (Reuters) - In her maiden policy speech Hong Kong's Chief Executive Carrie Lam on Wednesday warned the city faced "grave" challenges and ... ( read original story ...)

Hong Kong’s markets watchdog is investigating 15 banks and securities ... UBS has said that the SFC’s action could lead to a suspension for its IPO sponsoring business. In a prophetic warning, last month the Swiss bank’s global investment banking ... ( read original story ...)

HONG KONG - Hong Kong will step up support for technology development and small business, Chief Executive Carrie Lam pledged in her first policy address since assumed the city's highest office more than three months ago. Lam noted on Wednesday that Hong ... ( read original story ...)

HONG KONG: In her maiden policy speech Hong Kong’s Chief Executive Carrie Lam on Wednesday warned the city faced “grave” challenges and must develop a diversified and high value economy, unveiling a mix of housing and tax relief policies to raise ... ( read original story ...)

Pulling in close to news of Hong Kong startup GoGoVan’s merger with 58 Suyun – a deal that reportedly makes the combined group worth $1 billion – another Hong Kong-based startup, Lalamove, announced its Series C funding of $100 million, led by ... ( read original story ...)

(Corrects to clarify figure in first paragraph refers to Hong Kong dollars) HONG KONG, Oct 11 (Reuters) - Hong Kong will cut company profits tax to 8.25 percent for the first HK$2 million of earnings, Hong Kong's Chief Executive Carrie Lam said in her ... ( read original story ...)

When people talk about cities seeming futuristic, generally they mean it in a positive way. But Hong Kong — a wealthy metropolis plagued with an affordable housing crisis — shows what could happen as cities get more crowded. According to United ... ( read original story ...)

The Day of German Unity reception was held yesterday (9 October) and, like in previous years, the welcoming speech did not fail to bring laughters while keeping current affairs in mind with optimism. Leading the celebration was Dieter Lamlé, the new ... ( read original story ...)