Hong Kong's best hotels for amazing views Where to eat Hutong Hutong, which serves northern-style Chinese cuisine, offers stunning views of the city's central business district skyline across the harbor. Flavors in dishes served at this high-end restaurant ... ( read original story ...)
Yuk Wing Group Holdings Limited Trading Debut
HONG KONG--(BUSINESS WIRE)-- Yuk Wing Group Holdings Limited (“Yuk Wing”, together with its subsidiaries, the “Group”; stock code: 1536), a leading manufacturer and supplier of DTH rockdrilling tools in Hong Kong, announces its successful listing ... ( read original story ...)
Hong Kong divided over Forbidden City museum plan
Those cultural treasures, however, have become the focus of a dispute in Hong Kong. A recently unveiled proposal to build a local branch of the museum has met much resistance, amid growing political tension with the mainland Chinese government. The ... ( read original story ...)
Hong Kong Seaside Mansion Bought for Estimated $86 Million
A local buyer has purchased a mansion overlooking Hong Kong’s exclusive Repulse Bay using a method allowing him to avoid property taxes. The house may have fetched about HK$670 million ($86 million), based on the average square-foot valuation of similar ... ( read original story ...)
Journalist who broke news of Second World War, Clare Hollingworth, dies at 105
HONG KONG -- Clare Hollingworth, a British war correspondent who was the first to report the Nazi invasion of Poland that marked the beginning of the Second World War, died in Hong Kong on Tuesday. She was 105. The Foreign Correspondents' Club of Hong Kong ... ( read original story ...)
Hong Kong's former leader abused power: Prosecution
HONG KONG: Hong Kong's former leader Donald Tsang abused his power and was "hopelessly compromised" while in office, prosecutors said Tuesday (Jan 10) in opening arguments at his high-profile corruption trial. Tsang, 72, held the leadership post of chief ... ( read original story ...)
Journalist Clare Hollingworth, who broke news of Second World War, dies
Clare Hollingworth, a British war correspondent who was the first to report the Nazi invasion of Poland that marked the beginning of World War II, died in Hong Kong on Tuesday. She was 105. The Foreign Correspondents’ Club of Hong Kong announced her ... ( read original story ...)
Hang Seng Hits 1-Month High, Dollar Retreat Provides Support
PPI data continued to lessen the threat of exported deflation, while a lower CPI rate dampened concerns over higher People’s Bank of China interest rates. There was a slightly weaker dollar trend, which provided net support to Hong Kong stocks ... ( read original story ...)
Is There a Method to the “Madness” of Chinese Outbound M&A?
David and Paul are Partners in McKinsey’s Hong Kong office. Nick is Managing Partner of McKinsey’s Greater China Practice. ( read original story ...)
Hong Kong Startup Lalamove to Expand to 100 Cities with Series B Financing Completed, USD 30 Million Raised
HONG KONG--(BUSINESS WIRE)-- Lalamove, a Hong Kong based on-demand delivery company, completed its Series B Financing round, raising USD 30 million. The Series B Financing round was led by Xianghe Capital, a Beijing VC firm founded by former Head of Baidu ... ( read original story ...)
Entrepreneurs and Venture Capitalists, Hong Kong – Not Silicon Valley – Is Where You Want to be in 2017 and Beyond
[1] The numbers bear that out: consecutive years of double-digit growth in both startups and entrepreneurs means Hong Kong is now home to over 1,900 startups.[2] Hong Kong startups have not neglected a technological wave that can revolutionise business ... ( read original story ...)
‘Not all of you need to go into banking’ Hong Kong’s No 2 official tells youth after museum controversy
Hong Kong’s No 2 official has reached out to the city’s youth in trying to justify her controversial deal with Beijing to build a HK$3.5 billion museum, saying it would send out an encouraging message that “not all of you need to go into banking”. ( read original story ...)
Hong Kong in pole position to attract more health care listings, but needs to lure more techs
Hong Kong needs to attract more health care and biotechnology and other technology firms to its initial public offering market, to diversify the city’s mix of listed stocks, according to global law firm Baker McKenzie and consulting giant PWC ... ( read original story ...)
Home-purchase confidence in Hong Kong nosedives as property prices continue to climb
Home-purchase confidence in Hong Kong took a nosedive of about 21 per cent last quarter as already sky-high property prices continued to rise despite a recent drastic increase in the punitive stamp duty. According to a poll of 1,007 participants by the ... ( read original story ...)