Hong Kong property developers are being investigated for suspected breaches of the law by failing to provide sufficient information when selling new flats to the highest bidders, the city’s housing ... ( read original story ...)
Hong Kong Monetary Authority Approves Virtual Bank License for WeLab Digital Limited
“The Group will actively invest in the establishment of virtual banking and leverage WeLab’s pure online financial operations experience in Hong Kong and other markets. The development of WeLab ... ( read original story ...)
Hong Kong property market bargains: where prices have fallen most in last six months
When it comes to buying an apartment, Hongkongers have a tough time finding a place of their own in the world’s “least affordable housing market”. The city received that dubious accolade for the ninth ... ( read original story ...)
WeLab gets Hong Kong’s fourth online-only banking licence
HONG KONG, April 10 (Reuters) - WeLab Digital Limited was awarded Hong Kong’s fourth online-only banking licence on Wednesday, the Hong Kong Monetary Authority said in a statement, giving the fintech ... ( read original story ...)
Fintech unicorn WeLab bags Hong Kong’s fourth virtual bank licence
A unit of home-grown fintech unicorn WeLab Holdings has won the fourth virtual bank licence granted by the Hong Kong Monetary Authority on Wednesday, making it the first stand-alone company to receive ... ( read original story ...)
Japan keen on Greater Bay Area but says Hong Kong’s ‘one country, two systems’ vital to its success, at Tokyo symposium
Hyakunousha has launched its first salvo in the battle to conquer the mainland by opening a shop at the West Kowloon terminus of the Hong Kong-Guangzhou high-speed rail, targeting consumers from ... ( read original story ...)
Nine leaders of Hong Kong pro-democracy protests found guilty
laid siege to government headquarters and paralyzed Hong Kong’s financial district for 79 days. Thousands staked out encampments on major thoroughfares. Several hundred were arrested. The movement ... ( read original story ...)
Untouchable in 2018, China Bank Stocks Are Now All the Rage
After snapping up Ping An Bank Co., traders have turned their attention to its larger rival China Merchants Bank Co. The Hong Kong shares jumped 15 percent in nine days through Monday to an all-time ... ( read original story ...)
Guilty verdict for Hong Kong’s ‘umbrella revolution’ leaders dampens dream of democracy
A closer look at the day's most notable stories with The National's Jonathon Gatehouse: organizers of Hong Kong's 'umbrella revolution' found guilty; uncertain future for an intellectually challenged ... ( read original story ...)
A Gateway To China Market Or “World Factory”? What Hong Kong Has In Store For Indian Startups
Riding on technology, going global has become a new trend for Indian tech startups. Over the years, Indian B2B companies such as Freshworks, Zoho and InMobi have expanded their operations to ... ( read original story ...)
Guilty verdict for Hong Kong’s ‘umbrella revolution’ organizers dampens dreams of democracy
There are concerns that a new law that will allow for extraditions between Hong Kong and the rest of China could be used to target journalists, foreign business people and democracy campaigners. ... ( read original story ...)
Hong Kong’s middle class saving for children’s weddings and homes, estimate they need US$637,000 for retirement
who estimate they need at least HK$5 million (US$637,175) to cover retirement expenses, according to a survey by China Construction Bank (Asia). The bank surveyed 2,500 Hongkongers in January on their ... ( read original story ...)
Hong Kong finance professionals indulge in unusually long lunch breaks
Even in an era of ongoing cost cutting, there’s one thing that Hong Kong banking professionals can’t live without: their long lunch breaks. A sandwich in the office is standard for many in ... ( read original story ...)
Hong Kong activists convicted of ‘public nuisance,’ other charges over 2014 protests
The government's "decision to maintain the normal order of public life should be beyond reproach," spokesperson Lu Kang said during a routine news briefing. Lu added that some people's "one-sided ... ( read original story ...)