Elsewhere, Canada Mortgage and Housing Corporation revealed the trend in ... while Japan’s Nikkei 225 gained 0.6%, while in Hong Kong, the Hang Seng Index also gained 0.6%. Oil prices gained 53 cents to $50.11 U.S. per barrel. Gold prices prospered ... ( read original story ...)
Chinese Animation Platform Bilibili Eyeing U.S. IPO (Report)
Baidu-owned iQIYI has indicated that it will seek a U.S. share listing with a possible value of $8 billion. Moving in the opposite direction, STX Entertainment is looking at a listing in Hong Kong. ( read original story ...)
Hong Kong markets slip as investors take profits in Chinese property and gaming stocks
Hong Kong equities slipped from last week’s record highs on Monday, as investors chose to take profits, in Chinese property and gaming stocks especially, and waited for Chief Executive Carrie Lam Cheng Yuet-ngor’s maiden policy address later in the week. ( read original story ...)
Hong Kong International Airport introduces self-service departure for passengers
Prime News, International, Business, Hong Kong, October 10:- Visitors departing Hong Kong International Airport can opt for self-service departure from Tuesday. The airport has installed a new biometric system, called Smart Departure, which uses facial ... ( read original story ...)
Hong Kong police hunt for three men who stole 127,000 yuan from victim at cash machine in Sha Tin
Hong Kong police were searching on Tuesday for three men who assaulted a 55-year-old man at a cash machine and stole 127,000 yuan (HK$149,590) in Sha Tin. The men, wearing caps and face masks, attacked the victim from behind as he and his wife were ... ( read original story ...)
New German envoy seeks closer business ties with Hong Kong at Unity Day celebration
The Day of German Unity reception was held yesterday (9 October) and, like in previous years, the welcoming speech did not fail to bring laughters while keeping current affairs in mind with optimism. Leading the celebration was Dieter Lamlé, the new ... ( read original story ...)
IDC Financial Insights Unveils 10 Fast Growing FinTechs for Hong Kong in 2017
IDC Financial Insights unveiled a list of 10 fast growing fintechs in Hong Kong as part of the broader FinTech 101 list for Asia/Pacific. “IDC’s FinTech Fast 101” refers to the fast-growing fintech players in Asia/Pacific based on extensive on-ground ... ( read original story ...)
Hong Kong | Regulators want ID requirements for cross-border trading
Hong Kong financial regulators are seeking to introduce an identification program for investors trading stocks on the mainland, the Financial Times (FT) reported, citing an HKSAR legislator. The proposed regulation will require investors to register their ... ( read original story ...)
3 Lessons Learned From Building 10 Startups In 54 Hours
Taking a startup from the idea phase, building a team, validating your assumptions, then developing a prototype, all in 54 hours, isn’t easy. But that’s precisely what ten teams in Hong Kong’s leg of Global Startup Weekend, focusing on Artificial ... ( read original story ...)
Hong Kong, mainland Chinese regulators agree to share identity of stock connect investors
Likewise, the China Securities Regulatory Commission will provide the SFC with investor identification for mainlanders trading Hong Kong stocks via the stock connect, Alder said. The new regulations will be implemented from the middle of next year. ( read original story ...)
ZhongAn’s resounding success likely to lure other mainland and regional fintechs to Hong Kong for listing
The huge success of an online insurer’s recent initial public offering (IPO) in Hong Kong is likely to lure more mainland and regional industry peers in search of funding, according to analysts. Shares in ZhongAn Online Property & Casualty Insurance ... ( read original story ...)
‘One country, two systems’ vital in helping Hong Kong benefit from China’s Belt and Road plan: Carrie Lam
HONG KONG (CHINA DAILY/ASIA NEWS NETWORK) - Hong Kong Chief Executive Carrie Lam provided glimpses into her vision for Hong Kong's future on Monday (Oct 9) during an event held as part of the 20th anniversary celebrations of the China Daily's Hong Kong ... ( read original story ...)
Hong Kong Regulator Aims for ‘Northbound’ China Investor ID System in 2018
HONG KONG (Reuters) - Hong Kong's securities regulator plans to implement a real-time investor identification system around mid-2018 for "northbound" trading under the Stock Connect program with China, its chief said, a move aimed at detecting potential ... ( read original story ...)
Hong Kong’s Stock Investor ID System Set to Start Mid-2018
An investor identity system covering the northbound stock trading link between Hong Kong and mainland China is expected to start in the middle of next year, according to Ashley Alder, chief executive officer of the city’s Securities and Futures Commission. ( read original story ...)