ZHONG Xiangqun, Chief Operating Officer of Bank of China (Hong Kong) (BOCHK), believes we have entered a golden age of FinTech. “Recent advances in technologies such as Artificial Intelligence (AI), b... ( read original story ...)
Hong Kong Well-placed to be Global FinTech Hub
While FinTech is growing rapidly in Asia – and nowhere more so than in mainland China – d’Haussy explains that development on the mainland is mainly focused on consumer-orientated payment systems wher... ( read original story ...)
Charting the Route to Hong Kong’s FinTech Future
As an indication of the importance of FinTech to Hong Kong’s prospects, the first award made to the Business School under the Research Grants Council’s Theme-based Research Scheme (TRS) is for researc... ( read original story ...)
Britannia Granted Licence To Underwrite Business in Hong Kong
Hong Kong’s insurance regulator, the Insurance Authority (IA), has granted Britannia a licence to underwrite business from its Hong Kong office. This positive news is in line with Britannia’s strategy ... ( read original story ...)
Hong Kong Stock Exchange Head Suggests Bitmain Business Model Unsustainable, IPO Unlikely
The rumoured appointment of a new CEO at cryptomining giant Bitmain does not appear to have enhanced the company’s prospects of going public in Hong Kong, South China Morning News reports. Responding ... ( read original story ...)
Boc Hong Kong (BHKLY) & Westpac Banking (WBK) Head to Head Comparison
0.2% of Boc Hong Kong shares are owned by institutional investors. Comparatively, 0.5% of Westpac Banking shares are owned by institutional investors. Strong institutional ownership is an indication t... ( read original story ...)
Pre-tax profits rise at Hong Kong banks for third year, but loan growth decline may weigh on sector in 2019
VC Wealth Management The Hong Kong banks are expected to gain from the first increase in the prime lending rate in 12 years, implemented in September 2018, as well as from an increase in the interbank ... ( read original story ...)
Hong Kong: Gov’t boosts startup ecosystem
Jumpstarter aims to build, empower and boost Hong Kong’s startup ecosystem and entrepreneurship by bringing entrepreneurs, corporates, investors and the public together, helping to transform Hong Kong ... ( read original story ...)
Hong Kong exchange head clarifies listing rules as IPO hopes dim for cryptocurrency giant Bitmain
Companies seeking to go public in Hong Kong should show consistency in their business models, according to Hong Kong Exchanges and Clearing (HKEX) chief executive Charles Li Xiaojia, who was speaking ... ( read original story ...)
Is R&D the magic solution for Hong Kong?
The Hong Kong government takes the view that economic growth is ... D non-performing companies wanting to foster their productivity through doing more R&D, the startup investment cost can be high. A c... ( read original story ...)
Gov’t boosts startup ecosystem
... StartmeupHK programme since 2013 to attract innovative and scalable entrepreneurs to Hong Kong and promote Hong Kong as a premier startup destination. It also provides a one-stop service platform ... ( read original story ...)
Why Davos is talking about the fight between two absentees
Carrie Lam, the Chief Executive of Hong Kong, told the audience at one session ... Kevin Sneader, Global Managing Partner at McKinsey & Company, said that trade was just “one aspect of a broader ... ( read original story ...)
Breakingviews – Big Brother startups offer white knuckle returns
HONG KONG (Reuters Breakingviews) - Big Brother startups offer white knuckle returns. China’s facial-recognition technology specialists SenseTime and Megvii are in fundraising mode. Video surveillance ... ( read original story ...)
Once the world’s greatest port, Hong Kong sinks in global ranking
Hong Kong owes its existence to its port -- the sheltered ... terminals with China's Cosco Shipping Holdings Co and Ocean Express Network to bring in business. Busan said in March that it is cutting p... ( read original story ...)