HONG KONG (Reuters) - Hong Kong and Singapore are seeking to snare a bigger share of the $540 trillion global derivatives business, taking advantage of tough new UK and European banking rules and uncertainty created by Britain’s plans to leave the ... ( read original story ...)
Hong Kong people can find solutions for the mess they created in housing and wealth gap
It has excluded the big developers, pro-democracy politicians and activists. But, the business establishment is well represented by the Our Hong Kong Foundation. It fails to include dissenting and critical development voices like Paul Zimmerman. ( read original story ...)
Hong Kong’s domestic workers march through city to call for 27.6 per cent wage rise, as concerns mount over recent deaths
Hundreds of foreign domestic workers marched through Hong Kong on Sunday afternoon to demand a 27.6 per cent pay rise and an end to what they called slave-like conditions. About 600 turned out despite the less than favourable weather for the 1km procession ... ( read original story ...)
Hong Kong’s domestic workers march through city to call for 27.6pc wage increase, as concerns mount over recent deaths
Hundreds of foreign domestic workers marched through Hong Kong on Sunday afternoon to demand a 27.6 per cent pay rise and an end to slave-like conditions. About 600 turned out despite the less than favourable weather for the 1km procession from Exchange ... ( read original story ...)
Overt racism, bad education and less freedom – a Hong Kong filmmaker on her city
Hong Kong filmmaker Tammy Cheung Hung is no stranger to controversial topics in the city, releasing many documentaries over the years dealing with racism and politics. The 59-year-old director, who once considered pursuing a career as a television reporter ... ( read original story ...)
Hong Kong documentary maker keeps record on city’s culture and politics
Hong Kong filmmaker Tammy Cheung Hung is no stranger to controversial topics in the city, releasing many documentaries over the years dealing with racism and politics. The 59-year-old director, who once considered pursuing a career as a television reporter ... ( read original story ...)
David Tang: Tributes to Hong Kong’s ‘serious playboy’
Tributes are pouring in for Hong Kong businessman and socialite David Tang, who has passed away in the UK at age 63. Elegant, incisive and funny, David Tang has been a frequent contributor to the BBC over decades. "Always fun to work with him," senior ... ( read original story ...)
Hong Kong’s smaller businesses and professionals struggle to gain foothold in Qianhai district
They can now set up in Qianhai with a low amount of capital,” Hung said. Hung said the authority would work with Hong Kong’s business sector on how to further reduce barriers for SMEs to develop in Qianhai. Currently more than 4,564 Hong Kong companies ... ( read original story ...)
Marks & Spencer in talks to franchise its Hong Kong and Macau stores
M&S said the 27-store Hong Kong business, where it has traded since 1988, is profitable with a "loyal customer base and strong brand awareness". In November we set out our plans to create a more sustainable, profitable and customer-centric international ... ( read original story ...)
Hong Kong billionaire Hui Wing Mau buys majority stake in Bindaree Beef
Bindaree Beef has sold a 51 per cent stake in the company to the Hong Kong-based Hui family and the Hui-backed Archstone Investment Co in return for a "significant" investment in Bindaree Beef. ( read original story ...)
How will Hong Kong fare in the new wave of automation?
Today, Hong Kong has a thriving service sector, which, on average, will be slower to be replaced by automation than manufacturing. Applying the expected automation potential from the McKinsey analysis to the current industry mix in Hong Kong, only about 25 ... ( read original story ...)
GoGoVan becomes Hong Kong’s first $1 billion startup following merger deal
At our TechCrunch China event in June we discussed the bright future that Hong Kong’s startup scene has, despite some big challenges. This week the country passed a notable milestone as it got its first $1 billion valued startup, better known as a unicorn. ( read original story ...)
Hong Kong reverses into decline as banks retreat a second day
Hong Kong’s Hang Seng Index fell 0.1 per cent ... Banks led decliners for a second day. Industrial & Commercial Bank of China slid 1.0 per cent to HK$5.8, China Construction Bank fell 0.7 per cent to HK$6.81 and HSBC eased 0.1 per cent to HK$75.9 ... ( read original story ...)
Hong Kong stocks complete longest monthly winning streak in a decade
Hong Kong’s stocks ... first time since 2015. The Hang Seng China Enterprises Index, or the H-share gauge, fell 0.7 per cent. Traders sold shares in China’s biggest state-owned banks including Industrial and Commercial Bank of China and China ... ( read original story ...)