It’s easy to launch a business in Hong Kong, but ridiculously high cost of living and lack of government support are the main challenges There is no doubt that Hong Kong is one of the best cities in Asia to start a business. With its close proximity to ... ( read original story ...)
Flamboyant Hong Kong tycoon stirs up succession talk
HONG KONG -- Fugitive Hong Kong property tycoon Joseph Lau Luen-hung is perhaps more a target for paparazzi than business journalists. Better known for his extravagant purchases of private jets and Hermes handbags for his girlfriends, his recent wealth ... ( read original story ...)
Hong Kong’s Shanghai Street: goldsmiths, craftsmen, kitchenware and prostitutes
Like Lee Wo Steelyard, Leung Kit-lam’s eponymous steelware store is also probably the last of its kind in Hong Kong. For decades, he has operated the business alone. Tucked away in an alley, with a barely visible storefront, Leung works seven days a week ... ( read original story ...)
How Oscar-winning composer Tan Dun is using culture to create a symphony for Hong Kong’s identity
Though the blending of cultures is a core part of Hong Kong’s identity, it takes a strong root to turn out new leaves, Oscar-winningcomposer Tan Dun has observed. Tan, the first Chinese composer to win an Academy Award in 2001 for the film music in ... ( read original story ...)
Hong Kong stocks track higher, led by rate-sensitive property sector
Hong Kong and mainland stocks ended higher on Tuesday as investors took heart from Beijing’s pledge to support innovation and economic restructuring at its annual plenary meeting. The Hang Seng Index rose ... that the central bank will raise interest ... ( read original story ...)
Hong Kong 'Snowden refugees' seek asylum in Canada
HONG KONG: Refugees who sheltered fugitive whistleblower Edward Snowden in Hong Kong are formally seeking asylum from the Canadian government as their lawyers said on Thursday (Mar 9) their lives are in danger. The impoverished refugees living hand to ... ( read original story ...)
Crowdfunding startup CoAssets expands to Hong Kong with an investment in Fintech
Through this partnership, CoAssets will also help grow Piggiebank, a part of Fintech and online platform for investment products CoAssets, a Singapore-based ASX-listed crowdfunding platform for real-estate and small and medium businesses, has agreed to ... ( read original story ...)
Hong Kong cataract patient gets eye removed days after surgery
A 92-year-old cataract patient in Hong Kong had his eye eviscerated on Tuesday just days after undergoing surgical procedure on it at Tseung Kwan O Hospital. The Hospital Authority said his eye specimen had tested positive for streptococcus pneumoniae ... ( read original story ...)
Investor survey finds mainland and Hong Kong investors upbeat on markets close to home
Mainlanders and Hongkongers both plan to invest more in global markets over the next 12 months, according to a survey by Hang Seng Bank. The survey conducted in January polled 3,000 investors from Shanghai, Shenzhen, Beijing, Guangzhou and Hong Kong who ... ( read original story ...)
Hong Kong inventor develops LED bulb that’s cheaper, brighter and longer-lasting
“I thought it would be clumsier,” said Nick Holonyak Jr, the engineer behind the first visible light emitting diode (LED), in a 2012 corporate video 50 years after he invented it for General Electric. “And you know what, this isn’t the end ... ( read original story ...)
Hong Kong Science Park’s technology innovations for your business
Hong Kong is a dynamic breeding ground for innovations, and Hong Kong Science Park has over 600 companies developing cutting edge technologies. Many companies have adopted these innovations to sharpen their competitive edge. Learn how four leading ... ( read original story ...)
Top Beijing official on Hong Kong affairs insists it is reasonable to be concerned about leadership election
Beijing’s top bureaucrat on Hong Kong affairs has called it “reasonable and without dispute” for the central government to “be concerned” about the city’s upcoming leadership race, in an apparent response to accusations that mainland officials ... ( read original story ...)
Organisers of mock poll to pick Hong Kong leader hope one million take part
Organisers of a mock vote to choose Hong Kong’s next leader aim to draw one million participants and show the 1,194 people that have real votes who the public want in charge. The “civil referendum” led by Occupy Central co-founder Benny Tai Yiu-ting ... ( read original story ...)
Teams announced for Hong Kong Sevens as Uganda make their debut
[Hong Kong, 8 March 2017]: Uganda will be the 60th national union to participate in the Cathay Pacific/HSBC Hong Kong Sevens’ parade of nations since 1976, when they debut next month. The African sevens champions will be one of 28 international teams ... ( read original story ...)