Entrepreneurs are constantly looking for ways to grow their business, with the ultimate goal of expanding their business globally. Yet, international expansion is easier said than done. Not many have the know-how to stand out in a competitive foreign ... ( read original story ...)
OCBC plans research push into rival market HK
Singapore's second-largest lender has decided that the best place to expand its research is the country's rival market Hong Kong. OCBC Bank plans to add coverage of 60 Hong Kong-listed stocks, with 14 to 20 started by the end of the year, according to Ms ... ( read original story ...)
Parking space-size flats to be the new norm, as affordability eludes Hong Kong’s first-time buyers
At least 2,100 nano flats are expected to be completed between now and 2020 in Hong Kong, to lure more young homebuyers into getting their first foot on the property ladder in the world’s most expensive housing market. The new supply of the flats ... ( read original story ...)
Nano flats expected to flood the Hong Kong market as first-time buyers continue to struggle to take first step onto the property ladder
The majority will be located in the New Territories, well away from the city’s core business districts. Unlike in many western cities such as London and Sydney, Hong Kong does not have legal requirements on the minimum size of a flat. And skyrocketing ... ( read original story ...)
New $60M Funding For HK Travel Startup Klook Brings In Israel’s OurCrowd To Asia
Showing that the connections between China and Israel are growing, Hong Kong-based travel destination startup, Klook, has raised $60 million in funding from a group of investors that includes Israeli-based VC platform OurCrowd, making a first investment in ... ( read original story ...)
Why Startups & Corps Should Consider Expansion to Shenzhen China
Aside from its industrial history, Shenzhen is located at the border of Hong Kong – a city which provides effortless arrival and departure without a visa. It’ also the financial hub of China’s Greater Bay Area, and has a thriving startup ecosystem. ( read original story ...)
Hong Kong electronic fairs carry on despite cyclone
The Startup zone at the Autumn Electronics Fair this year attracted ... He had found 30-40 potential suppliers of IoT solutions, AV systems and smart devices from Hong Kong and the Chinese mainland. ( read original story ...)
The Hong Kong Shopping Experience Is Changing
Still, as visitor arrivals and retail sales start to rebound, there’s limited upside for Hong Kong’s landlords, said Patrick Wong, Bloomberg Intelligence property analyst in Hong Kong. "Receipts might be stable and resilient, but if things turn better ... ( read original story ...)
Vatican-supported startup project is Trojan-powered, from the top down
(Photo/Benjamin Stanfield) Paul Orlando is known for getting startups off the ground. He co-founded Hong Kong’s first startup accelerator, AcceleratorHK, and as USC Incubator director, he helps Trojan-led projects go from idea to reality. But this summer ... ( read original story ...)
A stranger and one familiar face: pair set to lead Chinese policy on Hong Kong are a mixed bag
Xi’s future policies on Hong Kong have been well defined, after he declared China’s “comprehensive jurisdiction” over the city and included it in the nation’s Greater Bay Area development plan at the start of the 19th party congress last week. ( read original story ...)
Working for BEA and Hang Seng: bankers in Hong Kong reveal what it’s really like
Four bankers tell us about the ups and downs of working for one of Hong Kong’s local banks. https://news.efinancialcareers.com/uk-en/295467/hang-seng-grad-hiring/ Bank of East Asia and Hang Seng Bank are among the most prolific recruiters in Hong Kong ... ( read original story ...)
Hong Kong-based Crystal International files for IPO
Hong Kong-based garment manufacturer Crystal International Group aims to raise $570 million in an initial public offering (IPO) that began on October 23. The firm has priced the offering between HK$7.3 and HK$8.8 per share, with 509.3 million shares to be ... ( read original story ...)
HSBC : Hong Kong, Singapore to link up trade finance blockchain platforms
The Hong Kong Monetary Authority (HKMA) together with banks including HSBC Holdings PLC (>> HSBC Holdings) and Standard Chartered PLC (>> Standard Chartered) tested late in 2016 the use of distributed ledger technology (DLT), also known as blockchain, to ... ( read original story ...)
Jayant Rikhye appointed HSBC India CEO, replaces Stuart Milne
Mumbai: Jayant Rikhye has been appointed as the chief executive of India operations of Hongkong and Shanghai Banking Corp. Ltd (HSBC), the bank announced on Monday. He will take charge from 1 December and will be succeeding Stuart Milne. Rikhye has been ... ( read original story ...)