Hong Kong pro-democracy activists jailed for contempt of court for their role in the country's 2014 'Umbrella' protests. Raphael Wong (Centre) and Joshua Wong (Right) were jailed for contempt of court in Hong Kong on Wednesday [Bobby Yip/Reuters] A Hong ... ( read original story ...)
Young Hong Kong democracy activist sentenced to 3 months in jail
HONG KONG -- A Hong Kong court has sentenced democracy activist Joshua Wong to three months in jail in a contempt case stemming from the 2014 "Umbrella Movement" protests. The 21-year-old Wong was among activists who learned their punishment in Hong Kong's ... ( read original story ...)
Hong Kong: an investment springboard
The enclave has the world’s largest offshore pool of renminbi business, processing 70 per cent of global offshore payment transactions. Hong Kong’s stock market is also continually among the top five global IPO listing markets, partly thanks to growing ... ( read original story ...)
Young Hong Kong activist sentenced to 3 months in jail
HONG KONG — A Hong Kong court has sentenced democracy activist Joshua Wong to three months in jail in a contempt case stemming from the 2014 "Umbrella Movement" protests. The 21-year-old Wong was among activists who learned their punishment in Hong Kong ... ( read original story ...)
Finastra Presents its HK Future of Banking Center of Excellence, Partners with McKinsey
“We welcome Finastra and McKinsey to the Cyberport community, and firmly believe that the Center of Excellence will provide a strong platform for us to engage industry players,” added Hong Kong Cyberport Management Company Limited Non-Executive ... ( read original story ...)
Hong Kong leader Carrie Lam blasts UK group’s ‘unfounded and unfair’ report on city
Hong Kong’s leader hit back on Tuesday at a British concern group for “interfering” in the city’s internal affairs with “unfounded and unfair” criticism. And in a first, Chief Executive Carrie Lam Cheng Yuet-ngor revealed aspects of her working ... ( read original story ...)
Hong Kong needs more financial innovation to effectively tap Greater Bay Area opportunities
Doing so would help the sector maintain its competitive edge in the area that covers Hong Kong, Macau and nine Guangdong cities in the Pearl River Delta, Ginger Cheng, the China head of large and mid-cap corporates at Singapore’s DBS Bank told the Asian ... ( read original story ...)
Fintech giant Finastra launches centre of excellence with focus on banking at Hong Kong’s Cyberport
Financial technology giant Finastra launched a “centre of excellence” focusing on the future of banking in Hong Kong’s Cyberport on Tuesday. Robert Smith, the chief executive of Finastra’s parent, private equity fund Vista, said the new centre ... ( read original story ...)
Hong Kong stocks advance to record close on optimism city will return to IPO glory in 2018
Hong Kong’s benchmark stock index rose 1.8 per cent to close at a historical high, on optimism the city’s stock exchange will see a flurry of initial public offerings from June that will help it regain its crown as the world’s favourite destination ... ( read original story ...)
Global stocks boom: Hong Kong hits record closing high
"The nickname for the Hang Seng is now the Tencent index." Share prices have also been buoyed by renewed optimism over the Chinese economy, and a torrent of money from mainland China flowing into big stocks like bank HSBC (FTRXX), Wong said. Hong Kong ... ( read original story ...)
This Hong Kong-based startup is making robots lifelike using AI
David Hanson envisions a future in which AI-powered robots evolve to become “super-intelligent genius machines” that might help solve some of mankind’s most challenging problems. If only it were as simple as that. The Texas-born former sculptor at ... ( read original story ...)
China’s Lufax seeks $60 billion valuation with April Hong Kong IPO – SCMP
HONG KONG (Reuters) - China's largest online wealth management platform, Shanghai Lujiazui International Financial Asset Exchange, or Lufax, is seeking a valuation of $60 billion with its April initial public offering in Hong Kong, the South China Morning ... ( read original story ...)
AI FinTech startup Trend Lab hits the unicorn mark with HK$100 million angel round valuation
In light of this, Mr. Tin Mok, founder and CEO of Trend Lab, has gathered talents from various leading internet technology companies in the Guangdong-Hong Kong-Macao Greater Bay Area. With its official establishment, the new AI FinTech startup Trend Lab ... ( read original story ...)
Hong Kong court to rule later on 3 activists’ prison terms
HONG KONG — Three Hong Kong activists will have to wait to learn the outcome of their final appeal Tuesday to overturn prison sentences for their roles in sparking 2014's massive pro-democracy protests in the semiautonomous Chinese city. Judges at Hong ... ( read original story ...)