The financial services industry makes up about a fifth of Hong Kong's economy and employs six percent of its workforce, making it critical for the city to keep up with fintech. The Financial Services Development Council (FSDC), which was set up by the ... ( read original story ...)
mcgarrybowen Hong Kong names business director
JWT Hong Kong’s Ruby Lee has joined mcgarrybowen Hong Kong as business director. Lee has over 20 years experience in advertising and worked with clients like HSBC, Coca Cola, P&G, CSL, SONY and adidas. In her new role, she will be working to strengthen ... ( read original story ...)
Startup Gets Thumbs-up from Alibaba’s HK Entrepreneurs Fund
Ready to Grow With its creative idea and potential to grow, Origami Labs took home US$120,000 in Asia’s first “Elevator World Tour” last October – a startup pitching competition organized by Hong Kong Science and Technology Parks Corporation and ... ( read original story ...)
Hitting the road: Hong Kong businesses gear up for opportunities along Asia’s new Silk Route
Hong Kong businesses are looking to exploit opportunities along the “belt and road” corridor following the city’s inclusion in March as a member of a key China-led investment bank funding projects along Asia’s new Silk Road trading route. ( read original story ...)
Hong Kong customs smash drug syndicate in 131kg cannabis seizure
Hong Kong customs officials have smashed a suspected drug syndicate, in the city’s fourth multimillion-dollar seizure of cannabis this year. Officers raided a property in Tsuen Wan where they uncovered 131kg of suspected cannabis buds worth HK$21.5 ... ( read original story ...)
Former top Hong Kong official and property tycoon appeal landmark graft conviction
HONG KONG A former senior Hong Kong official and a billionaire property tycoon arrived in court on Tuesday to appeal against a corruption charge more than two years after they were jailed in one of the city's most high profile corruption cases. Rafael Hui ... ( read original story ...)
Hong Kong 'keen on investment'
Mr Lo said the May 8-9 visit by investors reflects the intentions for concrete investment and a desire to cooperate both with the Thai government and business partners. "Many investors from Hong Kong have already invested in Thailand, but some really want ... ( read original story ...)
Hong Kong’s No 2 official pledges to safeguard media freedom
Cheung was addressing the 2016 Hong Kong News Awards on Monday, at which the South China Morning Post scooped 10 prizes. He also promised: “[The government] will continue to partner with the press and the media to make Hong Kong flourish and thrive.” ( read original story ...)
How Hong Kong can build affordable housing on developers’ land banks in rural areas
In fact, the government has pledged to do so but has yet to succeed by some measure. For example, the “Hong Kong Property for Hong Kong People” scheme was aimed at helping Hong Kong permanent residents buy their own flat. However, as it turned out ... ( read original story ...)
Hong Kong exchange operator hopes for third time lucky when it comes to gold futures
Hong Kong Exchanges and Clearing will undertake in the third quarter its third attempt to launch a gold futures contract after two previous failures, but traders have mixed views on its chances for success. HKEX, which operates the local stock and futures ... ( read original story ...)
Safeguarding press freedom
The Newspaper Society of Hong Kong organises the Hong Kong News Awards every year to give recognition to the outstanding achievements and professionalism of journalists in Hong Kong. I am pleased to see the Hong Kong News Awards growing from strength to ... ( read original story ...)
British rock band TTNG detained in Hong Kong over visas
These are external links and will open in a new window British band TTNG and US musician Mylets have been briefly detained in Hong Kong over alleged visa offences. According to media reports, the band members were held after a raid by police and ... ( read original story ...)
Opinion: Why IPO Connect will be needed for Hong Kong to win the biggest listing deal in history
Hong Kong is on the short list to host the biggest initial public offering in history – Saudi Aramco’s US$100 billion public offering – but the city will need to launch the so-called IPO connect as soon as possible to have a chance of attracting the ... ( read original story ...)
Incoming Hong Kong leader Carrie Lam must push city to be on world map, says veteran businessman Victor Fung
Hong Kong’s incoming chief executive should work to put the city on the global map by seizing the mainland’s go abroad initiative and casting aside political wrangling, says veteran entrepreneur Victor Fung Kwok-king. Making this call to Carrie Lam ... ( read original story ...)