Chinese artist and activist Ai Weiwei says that HSBC has turned down his request to open a bank account in Hong Kong. “I’m in Hong Kong, trying to open an account at HSBC,” wrote Ai on Instagram on Tuesday. “My request was refused due to a ... ( read original story ...)
HSBC: Energising the power sector
One of the world's largest banking and financial services organisations, the Hongkong and Shanghai Banking Corporation (HSBC) is working to develop infrastructure in markets where it operates. HSBC's export and specialised finance team arranges export ... ( read original story ...)
Does Hong Kong’s land sale system need a new lease of life?
It’s a seven-minute walk down the road from the nearest MTR station to reach Hong Kong’s most expensive site since the 1997 handover in the government’s recent land sale. In February the rectangular stretch of land measuring 126,595 sq ft was sold to ... ( read original story ...)
Hong Kong product fair attracts 150,000 visitors
organiser Chinese Manufacturers Association of Hong Kong (CMA) told Business Daily. The event, held between April 13 and April 17 at Macau Fisherman’s Wharf Convention and Exhibition Centre, saw the number of participants increase 50,000 compared to last ... ( read original story ...)
11 ways to talk yourself into a new banking job in Hong Kong
How Hong Kong bankers work the room. http://news.efinancialcareers.com/hk-en/214166/10-tips-to-make-recruiters-chase-you-with-brand-new-banking-jobs/ Banks in Hong Kong are in cost control mode – they are trimming bonuses and cutting senior roles. ( read original story ...)
Hong Kong pay TV broadcaster i-Cable takes ‘important step’ to stay afloat
In the meanwhile, it is business as usual.” i-Cable Communications halted ... which reported losses due to a weak advertising market and fierce competition in Hong Kong. i-Cable sale up in the air as losses mount amid tough Hong Kong TV market The ... ( read original story ...)
A 9,800% Stock Increase Exposes Hong Kong's Billionaires on Paper
a Hong Kong-based finance professor at Beijing’s Cheung Kong Graduate School of Business, who was speaking generally. “And now mainlanders are also coming here and using similar tricks or gimmicks to maximize their wealth.” A representative for the ... ( read original story ...)
Hang Seng Bank Ltd. (HSNGY) Downgraded by Zacks Investment Research
According to Zacks, “HANG SENG BANK is a world-class financial institution and one of Hong Kong’s largest listed companies in terms of market capitalisation. In keeping with our name, which means ever-growing in Chinese, we are growing alongside our ... ( read original story ...)
Hong Kong stocks give up ground in early trade
Hong Kong stocks swung from gains to losses in early trading on Tuesday, as investors returned from the Easter holiday break. The Hang Seng Index opened slightly higher but soon reversed direction, tumbling 0.5 per cent or 111.81 points to 24,149.85 ... ( read original story ...)
Web gives economy a new boost
a principal at McKinsey in Hong Kong. Leading technologies in China, including mobile internet apps, cloud computing, big data and artificial intelligence, have delivered unprecedented efficiencies to governments and businesses, said Wu Qi, deputy chairman ... ( read original story ...)
Asia: Nikkei, Hang Seng, Sensex emerge robust while Shanghai, Straits Times, ASX/S&P falter
Financial services firms comprise of the weakest performers, with Fukuoka Financial Group (-1.68%), Chiba Bank Ltd (-1.56%), and Concordia Financial Group (-1.52%) registering sharp declines. Hong Kong: Hang Seng-Down by 0.21% to 24,261.66 Computer ... ( read original story ...)
Start-ups should focus on the business product, not the money
Take Hong Kong-BitSpark, a 2015 alumnus of the FinTech Innovation Lab Asia-Pacific. Its business concept is to offer a low-cost remittance service that uses blockchain technology. Since its participation in the Lab, it has extended its services from Hong ... ( read original story ...)
How Hong Kong embalmer’s graphic artist training helps him beautify bodies
Ng attended the Hong Kong Art School and Polytechnic University design school, and he started out as a freelance graphic designer before his family, questioning the industry’s stability, lured him into the family embalming business. Only half convinced ... ( read original story ...)
More than 94,000 Buyers Visit Spring Electronics Fair & ICT Expo
Samson Tam, Chairman of the Hong Kong Business Angel Network, said that the start-up ecosystem in Hong Kong has been growing vigorously over the years. The Startup zone was "an excellent place to bring start-ups and investors together to explore growth ... ( read original story ...)