HONG KONG — Hong Kong's banking regulator has issued four more online-only banking licences to units of Alibaba, PingAn and smartphone maker Xiaomi, as well as to a JV involving Tencent, ICBC and ... ( read original story ...)
Tencent and Alibaba granted licences to offer Hong Kong banking
Tencent and Alibaba are set to compete with some of the world’s biggest banks including HSBC and Standard Chartered as Hong Kong opens up its market to online competitors. The Hong Kong Monetary ... ( read original story ...)
Hong Kong’s property market has 10 more years in its bull run as population inflow from Greater Bay gives it sustenance
Hong Kong’s property bull market has another 10 years to run, as housing supply fails to keep up with the new population pouring in from the Greater Bay Area, said the Swiss bank UBS, which correctly ... ( read original story ...)
Hong Kong’s MTR and Urban Renewal Authority will be roped in to help government build more public housing units: Financial Secretary Paul Chan
As Hong Kong’s astronomical property prices continue to rise, Financial Secretary Paul Chan Mo-po has pledged, in a rare move, to give the city’s railway provider and urban redevelopment authorities a ... ( read original story ...)
A Trump Bump for Hong Kong’s Last Commercial Cantonese Opera Theater
“It’s a show that I had to go see.” One reviewer for Stand News, a local online publication, called it the sort of “preposterous dream that could only appear in Hong Kong.” Mr. Li got the Trump bump ... ( read original story ...)
A proposed legal change in Hong Kong has businesses worried about the fate of the city
The local bar association, business organizations, human rights groups and foreign governments are worried about erosion to the "one country, two systems" framework under which Hong Kong is run. A ... ( read original story ...)
Hong Kong’s identity crisis is one of its own making
. This crisis, I believe, rests on an overly narrow understanding of the identity. Hong Kong is officially part of China: few deny this, apart from a deluded minority. Yet Hong Kong is also highly ... ( read original story ...)
Hong Kong companies lack culture traits to adopt AI – new Microsoft study
A significant proportion of Hong Kong business leaders and a majority of workers surveyed believe that cultural traits that support AI journeys, such as risk-taking, proactive innovation, as well as ... ( read original story ...)
What Ails Hong Kong’s IPO Market? Quite a Lot
Hong Kong’s stock exchange is poised to lose its crown as the world’s leading IPO fundraising venue again, and this time there may be no easy way back. The bourse trails in third place behind the ... ( read original story ...)
Hong Kong’s status as global aviation hub in Greater Bay Area unbeatable even with Shenzhen as rival, finance chief Paul Chan says
Hong Kong has been designated as a global aviation hub over rival Shenzhen under China’s ambitious plan to develop an economic powerhouse in the Pearl River Delta, according to the city’s financial ... ( read original story ...)
Hong Kong’s Exchange Fund posts record first-quarter returns due to investment gains in stocks, bonds and currencies
according to the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank. This is the ever strongest quarterly gain on record. The main driver of the fund’s growth had been its stock ... ( read original story ...)
Business environment safe
Secretary for Commerce & Economic Development Edward Yau: It has long been Hong Kong’s practice to tackle all these problems ... proposed fugitive law amendments will impact the city’s business ... ( read original story ...)
New government scheme will allow Hong Kong’s elderly folk to get loans by using their life insurance polices as collaterals
Announcing the launch of the Policy Reverse Mortgage Programme on Wednesday, the Hong Kong Mortgage Corporation’s executive director and chief executive officer Raymond Li Ling-cheung said the scheme ... ( read original story ...)
Hongkong Land appoints Coteccons as main contractor for The Marq
“The Marq continues to represent our trademark quality in the Vietnamese property market,” said Robert Wong, chief executive of Hongkong Land. “We have decided to bring not only luxury branded ... ( read original story ...)