Former Hong Kong leader Donald Tsang Yam-kuen began his high-profile ... One woman said she had read the news and might be biased. She was also challenged by Tsang’s defence team and was not required to join the panel. But another man, who said his ... ( read original story ...)
Rule of law and English language are key assets for Hong Kong to win British business in wake of Brexit, says trade chief
Hong Kong businesses and officials need to seize the opportunities created by Britain’s vote to leave the European Union, according to Trade Development Council executive director Margaret Fong Shun-man. Speaking on the sidelines of a trade symposium ... ( read original story ...)
More Hong Kong millennials into mortgage debt
Millennials accounted for 32 percent of total new mortgages in Q2 2017, up from just 19 percent in 2013. With the city’s sky-high property prices, more of Hong Kong’s millennials are taking up mortgages to get on the property ladder, reported the South ... ( read original story ...)
China’s Ant brings in CK Hutchison as Hong Kong payments partner
BEIJING (Reuters) - Ant Financial, the payment affiliate of Alibaba Group Holding Ltd, said it will create a joint venture this year with CK Hutchison Holdings Ltd to operate its payment app in Hong Kong, ending Ant’s solo management of the service. ( read original story ...)
BOC centenary banknotes not expected to create buying frenzy
BOC said that all profits will be donated to a local charity after deducting costs. Citizens aged 18 or above with a valid Hong Kong ID may register for the commemorative banknotes through the BOC website or at its branches between Sept. 28 and Oct. 18 ... ( read original story ...)
Cryptocurrency mania grips Hong Kong as it looks beyond banking
In the mid-1990s, Johnson Leung embarked on a career in shipping. In the early 2000s, he moved to finance. And now he runs a Hong Kong startup to try to improve how container ships are booked using blockchain technology. Many in Hong Kong hope the city can ... ( read original story ...)
AI startup Appier hires Sean Chu from Microsoft to head its Asia growth strategy
Appier, the artificial intelligence startup that recently raised a $33 million Series ... which include Japan, Korea, Hong Kong and Southeast Asia, before expanding into other regions. The company’s main products, the CrossX Programmatic Platform and ... ( read original story ...)
Hong Kong and Malaysia Looking Better as India Slows: ADB
Hong Kong and Malaysia are proving to be the biggest growth surprises in Asia. The two nations received the largest upgrades for this year among major economies in the Asian Development Bank’s latest outlook released on Tuesday. Meanwhile, India ... ( read original story ...)
KPMG sees Hong Kong IPO proceeds to reach up to $19.3b in 2017
HONG KONG — IPO proceeds of China's Hong Kong Special Administrative Region are expected to reach up to HK$150 billion (about $19.3 billion) in 2017, with listings from technology, media, and telecom (TMT) sectors on the rise, KPMG said here Monday. ( read original story ...)
A-share IPO proceeds to hit $35b in 2017: KPMG
In addition, there were a total of 106 IPOs in Hong Kong in the first three quarters of 2017, an increase of 56 percent from the 68 deals recorded over the same period in 2016, while total proceeds were HK$85 billion, 37 percent lower than the year-on-year ... ( read original story ...)
KPMG sees Hong Kong IPO proceeds to reach up to $19.3 bln in 2017
IPO proceeds of China's Hong Kong Special Administrative Region are expected to reach up to 150 billion HK dollars (about 19.3 billion U.S. dollars) in 2017, with listings from technology, media, and telecom (TMT) sectors on the rise, KPMG said here Monday. ( read original story ...)
BOCHK issues centenary commemorative banknotes
HONG KONG — Bank of China (Hong Kong) Limited (BOCHK) on Monday announced to issue commemorative banknotes in celebration of the centenary of Bank of China's (BOC) service to Hong Kong. The banknotes will be available for subscription from Thursday to ... ( read original story ...)
BOC goes pretty on banknote sets
We all know Beijing hates speculation, so it comes as no surprise at all that Bank of China (Hong Kong) will be issuing more than five million centenary commemorative HK$100 banknotes.That is the largest number of limited- edition banknotes it has issued. ( read original story ...)
Bank of China (Hong Kong) issues centenary commemorative banknotes
HONG KONG, Sept. 25 (Xinhua) -- Bank of China (Hong Kong) Limited (BOCHK) on Monday announced to issue commemorative banknotes in celebration of the centenary of Bank of China's (BOC) service to Hong Kong. The banknotes will be available for subscription ... ( read original story ...)