That gives Hong Kong an uncomfortable edge in its race to the bottom. Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories ... ( read original story ...)
Hainan, China’s Hawaii, to use Hong Kong as gateway for fundraising, IPOs
Hainan, the southernmost Chinese island that Beijing plans to transform into a hub for gambling and foreign investments, aims to strengthen ties with Hong Kong in 10 areas such as setting up a pilot district to boost trade services and help companies with ... ( read original story ...)
Goldman, BlackRock Fight for LGBT Rights in Hong Kong
Instead, Forth entered Hong Kong as a visitor and had to make cross-border trips to avoid overstaying his short-term visa. He also couldn’t get a job or join a business, according to Immigration Department rules for visitors. “There’s an emotional ... ( read original story ...)
Despite IPO surge, Hong Kong investors aren’t tech savvy, warns Razer CEO
Xiaomi and Ant Financial are two of a cluster of major tech names being linked with IPOs in Hong Kong. But, despite a burst of upcoming tech listings and new measures that are tipped to encourage more, the country still has some way to go to match the U.S ... ( read original story ...)
Hong Kong and Singapore Emerge as New Meccas for Token Sales
According to Fintech businesses, lawyers, and industry groups, the number of companies launching ICOs in Singapore and Hong Kong “has skyrocketed in recent months,” South China Morning Post reported on Monday. The news outlet then quoted Anson Zeall ... ( read original story ...)
Hong Kong will not be a ‘voiceless victim’ in US-China trade war, top US envoy to city says
Tong was posted to Hong Kong in 2016. He had served as the principal deputy assistant secretary for the Bureau of Economic and Business Affairs at the US State Department, and also the US ambassador for Asia-Pacific Economic Co-operation (Apec). ( read original story ...)
Touts snap up tickets as Hong Kong fans queue overnight for chance to see Dayo Wong
The promise by Hong Kong’s leader to clamp down on the black market for show tickets appears to have done little to deter the city’s ticket touts. As hundreds of fans formed long queues outside various ticket offices on Tuesday morning in the hope of ... ( read original story ...)
Singapore and Hong Kong Emerging as the World’s Top Crypto-Friendly Cities
After China implemented a blanket ban on cryptocurrencies in 2017, Singapore and Hong Kong have emerged as the leading business-friendly destinations for East Asian crypto companies aiming to raise funds via Initial Coin Offerings (ICOs). Anson Zeall ... ( read original story ...)
Hong Kong Hang Seng Off 0.54% On Tech Weakness
The Hong Kong Hang Seng opened Monday lower and concluded off 0.54% ... China economic fundamentals are strong and Beijing has the tools to handle systemic risks, central bank governor Yi Gang said at a weekend International Monetary Fund gathering. ( read original story ...)
AgriTech: These MBAs Just Launched A Game-Changing Urban Farming Startup In Hong Kong
A team of five recent MBA graduates from the University of Hong Kong (HKU) have just launched Farmacy HK, a smart city, urban farming concept based on cutting-edge hydroponic technology. The first concept city farm opened in Hong Kong’s Causeway Bay in ... ( read original story ...)
Hong Kong Approves Dual-Class Shares, Paving Way for Tech Titans
Hong Kong Exchanges & Clearing Ltd. approved the biggest change to its initial public offering rules in two decades, putting it in a position to battle New York for some of the world’s hottest companies. Technology firms that have shares with different ... ( read original story ...)
This MBA Just Got Investment For His Artificial Intelligence Startup—Now He’s Going Global
Plus, Gerardo says, a rigorous entrepreneurship module on the CUHK MBA prepared him for navigating Hong Kong’s startup scene. His professor, who had multiple connections with incubation centers in Hong Kong, paired students with different startup ... ( read original story ...)
When enemies start to resemble each other
The opposition blogosphere is ablaze with anger against the police, who have decided not to prosecute Beijing-friendly lawmaker Junius Ho Kwan-yiu for supposedly calling for the merciless killing of people who advocated Hong Kong independence. The reason ... ( read original story ...)
Measles outbreak in Japan puts travel plans for some Hong Kong tour groups on hold
A measles outbreak in southern Japan has prompted one Hong Kong travel agent to cancel several trips it had planned to the area. Nearly 70 people in the popular tourist destination of Okinawa have contracted the highly infectious disease, local government ... ( read original story ...)