Tag: business

Uber is hiking its fees in Hong Kong for its ride-sharing service ... in addition to stints at The United Nations, McKinsey, and various board positions with The Asia Foundation, The Aspen Institute, EmancipAction and YoungLife. “Uber is one of the ... ( read original story ...)

Hong Kong’s financial industry professionals are still divided over how they can remake the city’s stock exchange to make it the world’s most attractive place for startups and technology firms to raise capital, even as the first round of a public ... ( read original story ...)

Hong Kong’s tech startup ecosystem is moving up another notch, thanks to deals such as the $9 million investment in the city’s own bike-sharing service GoBee and backing of six startups from a Sequoia Capital China-linked fund and platform. The six ... ( read original story ...)

There’s an old investing joke that goes something like this: “If you want to make a million dollars, start with ten million.” This is most certainly the case when it comes to angel investing in early stage startups. I myself can vouch for the ... ( read original story ...)

Shopping is cited as the primary reason for these consumers’ choice of travel destination, and when they shop overseas, Hong Kong remains their top destination, followed by South Korea and Japan. Price remains a key factor determining whether a wealthy ... ( read original story ...)

The Hong Kong X Technology Fund today announced its first round of investments into six Hong Kong-based tech companies as part of its accelerator program. Several of the chosen startups will move into the fund’s X-LAB co-working space in Hong Kong during ... ( read original story ...)

which raises costs for visitors to the city and cuts into profits earned in other currencies after they're converted back to the Hong Kong dollar, which is pegged to the U.S. dollar. Slosar said a "stellar performance" at Cathay's cargo business helped ... ( read original story ...)

She is based in Hong Kong and focuses on General Atlantic's investment in the retail and consumer and healthcare sectors in Greater China. Prior to joining General Atlantic, Ms. Chang served as a business analyst in the corporate finance group of McKinsey ... ( read original story ...)

Hong Kong X Technology Fund has announced its first investment into six rising Hong Kong-based technology companies as part of an accelerator program Hong Kong X Technology Fund has announced its first investment into six rising Hong Kong-based technology ... ( read original story ...)

Hong Kong agents’ commissions typically range between 2 to 4 per cent of the sales price of new apartments. For second-hand units, the fee is 1 per cent of the sale price, paid by both the buyer and the seller. Business has been good for both Centaline ... ( read original story ...)

The Hong Kong X Technology Fund today announced its first round of investments into seven Hong Kong-based tech companies as part of its accelerator program. Several of the chosen startups will move into the fund’s X-LAB co-working space in Hong Kong ... ( read original story ...)

Hong Kong’s middle class has been economically transformed from the “sandwich class” into the “coffin class.” Those looking for property salvation through a big crash, due to a rise in interest rates, can kiss their impossible dream goodbye. ( read original story ...)

Hong Kong has once again been named in global investigations into breaches of anti-money laundering rules at an international bank. Australia’s financial watchdog, Austrac has filed a case against Commonwealth Bank of Australia (CBA) – one of the ... ( read original story ...)

Hong Kong cobbler Wong Yun-keung has been repairing shoes in the ... before eventually setting up his own business and employing his own staff. With a stall close to Landmark luxury shopping mall, home to over a hundred designer brands, he often handles ... ( read original story ...)