Xiao is reported to have come to Hong Kong in 2014, two years after Chinese President Xi Jinping started a much-publicised anti-corruption drive. He has denied that he was ever the target of an investigation. Chinese-language news site Boxun said Xiao had ... ( read original story ...)
Hong Kong’s biggest pro-Beijing party takes a swipe at John Tsang over his spending record
Hong Kong’s biggest pro-Beijing party has launched a veiled attack on a front runner in the city’s leadership race, John Tsang Chun-wah, for consistently underestimating fiscal reserves when he was financial secretary. The comments indicate that the ... ( read original story ...)
Hong Kong stocks headed for reality check as investors grow ‘leery’ of Trump’s agenda
Hong Kong stocks may head lower on the first trading day of the Year of Rooster on Wednesday, as they return from a four-day holiday weekend to catch up with recent losses for global equities amid concerns over Donald Trump’s tightening of US immigration ... ( read original story ...)
Hong Kong husband makes new year wish for double lung transplant for ailing wife
In January, Kum was transferred to the intensive care unit at Grantham Hospital in south Hong Kong Island after her condition took a turn for the worse. Dr Michael Wong Ka-lam, an associate consultant at the hospital’s cardiac medicine unit, said Kum was ... ( read original story ...)
Would YOU live in a 'coffin home' to beat the housing crisis? Hong Kong residents forced to live in tiny bunkers after property prices skyrocket by 50 per cent
Skyrocketing rental prices in Hong Kong have seen more people living in 'coffin homes' measuring just 1.9 square metres in size as that is all people can afford there. The likes of Wong Ziwa lives in one of these tiny low-ceiling abodes that he calls home. ( read original story ...)
Hong Kong: The worst place in the world for a startup to open a bank account?
Over the past 12 months, in our efforts to open a business bank account, our Hong Kong startup was rejected by no less than four banks. Our crime? We were told our business was “too young” for a bank account, which is curious since startups tend to be ... ( read original story ...)
Year of the Rooster promises financial gain, but beware of market volatility
Wong said this year would be good for the financial sector, including gold, forex trading and stocks, with the Hang Seng Index expected to trade between the 20,000 to 25,000 level. The Year of the Monkey was a good year for the Hong Kong stock market ... ( read original story ...)
Hong Kong needs dozens more foreign doctors, health minister says
Hong Kong’s health minister says the public hospital authority should recruit dozens more doctors from overseas and give them longer contracts to relieve a manpower shortage. Dr Ko Wing-man said there was a shortage of between 200 and 300 medical staff ... ( read original story ...)
Hong Kong police seize four cars in street racing crackdown
The four cars where found travelling with speeds of up to 100km/h along Wong Chuk Hang Road and Nam Fung Road. Officers at the Hong Kong Island traffic branch’s enforcement and control division task force gave chase in unmarked vehicles while road ... ( read original story ...)
Kirins fail to make HK final
Thai League champions SCG Muang Thong United failed to reach the final of the Lunar New Year Cup, going down to top Hong Kong club Kitchee FC 5-4 in a penalty shoot-out after a 1-1 draw in normal time. The tournament is being held in Hong Kong to celebrate ... ( read original story ...)
Hong Kong New Year’s Horse Racing
Beauty Only’s storming stretch run to win last month’s G1 LONGINES Hong Kong Mile might have announced the gelding on the world stage but jockey Zac Purton is under no illusions as to which horse remains the Hong Kong Mile division’s big daddy ... ( read original story ...)
Hong Kong Set for Lunar New Year
HONG KONG – TRAVEL – Hong Kong is set to be bathed in colour and light as the Lunar New Year celebrations 2017 promise to be the territory’s biggest and most spectacular ever. Themed “Best Fortune. World Party”, the 2017 Cathay Pacific ... ( read original story ...)
What Might Happen in China in 2017?
Gordon is formerly a senior partner with McKinsey and is now a senior advisor to the firm. Joe is Managing Partner of McKinsey’s Hong Kong office. Nick is Managing Partner of McKinsey’s Greater China Practice. ( read original story ...)
Engaging customers: The evolution of Asia–Pacific digital banking
a McKinsey Solution, and examined digital consumer-banking data collected between July 2015 and July 2016 from 41 banks. This article focuses on our findings from Australia and New Zealand, Hong Kong, Malaysia, Singapore, and Taiwan, examining consumer ... ( read original story ...)