To learn more about how to apply to McKinsey, please visit our firm careers site here To ensure your application gets to us here in Greater China, please indicate your preference for one of our four locations: Beijing, Hong Kong, Shanghai, or Taipei. ( read original story ...)
Hong Kong police arrest business owner after sign falls injuring three people in Yau Ma Tei
The owner of a game centre in Yau Ma Tei was arrested on Monday after the sign to her shop fell from the building, sending three to men to hospital. Police were alerted at about 1pm after the sign – measuring three metres wide and half a metre tall ... ( read original story ...)
‘Sleepless nights’ for Hong Kong finance chief over economic prospects for young generation
Hong Kong’s young people are unhappy despite economic growth, mainly due to sky-high property prices and rents, Financial Secretary Paul Chan Mo-po said on Sunday. In an article posted on his blog on Christmas Eve, Chan said ever-increasing rents and ... ( read original story ...)
Canada can learn from Hong Kong’s tax system, commerce chamber chief says
The new chairman of the Canadian Chamber of Commerce in Hong Kong has said his country can learn from the city’s economic system and adopt it, increasing competitiveness, economic growth and tax revenue for Canada’s government. Todd Handcock was ... ( read original story ...)
Does Hong Kong have a housing crisis? The answer depends on whether you own a flat
Hong Kong has the dubious distinction of being the world’s most expensive real estate market, a title it has retained for the past seven years. In 2017, there was no shortage of warnings of a property bubble, complaints of how homes were seriously ... ( read original story ...)
Hong Kong’s market rally has brought out the best in people
So here is a festive review of how the stock market rally is not only helping brokers reap bigger bonuses, but also seems to be encouraging Hong Kong people to give away more to good causes. The Community Chest, Hong Kong’s largest charity body ... ( read original story ...)
More to the economy than finding next Google or Facebook, Hong Kong’s small business owners say
Over the past several years Hong Kong has been trying to reinvent itself as a hi-tech hub, looking to turn start-ups into the next Facebook or Google. But with the focus on technology, other entrepreneurs say they are being neglected, even though they feel ... ( read original story ...)
Hong Kong stocks rev higher ahead of extended Christmas break
Hong Kong stocks rose in early trading on Friday, the last trading session before the Christmas holidays, with financials and Hong Kong real estate shares leading gains. The Hang Seng Index was ... 0.5 per cent to HK$79.95. Bank of China was also up ... ( read original story ...)
Hong Kong central bank chief eyes cooperation with mainland to support cross-border finance
Hong Kong’s de facto central bank will work with mainland regulators to implement measures to meet rising demand for cross-border financial services and stocks and bond trading, according to its chief executive. The joint effort to facilitate cross ... ( read original story ...)
Hong Kong seals first aircraft leasing deal under new tax regime
The first aircraft rental transaction to take advantage of new tax benefits designed to help Hong Kong’s aviation leasing companies compete with those in rivals leasing centres was completed this week. ICBC Financial Leasing’s decision to use Hong Kong ... ( read original story ...)
Vicon Holdings Shares Begin Hong Kong Trading At HK$1.24 Vs IPO At HK$1.20
HONG KONG (Dec 22) -- Shares of Vicon Holdings climbed on their trading debut in Hong Kong on Friday after the foundation contractor's 100-million share initial public offering was priced at the top end of an indicative range. The shares rose as high as HK ... ( read original story ...)
IPO hopeful Xiaomi set to blow past 2017 revenue target -sources
HONG KONG, Dec 22 (Reuters) - Chinese smartphone maker Xiaomi Inc ... which one source said would make a $100 billion IPO price tag look "reasonable". A spokeswoman for Xiaomi - that is likely to soon mandate its leading banks for an IPO - confirmed ... ( read original story ...)
HONG KONG PRESS: News Headlines On Friday, December 22
HONG KONG (Dec 22) -- Heres a roundup of local news: *China securities regulator says no change to pace of IPO reviews: sources Chinas securities regulator told a recent meeting with investment banks that there has been no change to the pace for reviews of ... ( read original story ...)
Xiaomi reportedly crushed 2017 earnings, creating new hype for 2018 IPO
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Inc has ... which one source said would make a $100 billion valuation at IPO look “reasonable”. A spokeswoman for Xiaomi – that is expected to soon mandate its leading banks for an IPO ... ( read original story ...)