Hong Kong

Hong Kong may turn overseas to scout big data talent

Candidates familiar with open source programming languages are expected to be in hot demand.

Retail sales up 12.9% to $40.5b in May

The retail boost comes from strong tourist arrivals in recent months.

Hong Kong's average IPO size shrunk 10% in the first half of the year

There were, however, double the number of listings as small to medium sized companies rushed to list.

Astrum wins Designed in Hong Kong Awards for Computer Hardware

Their back-lit keyboard is ideal for low-light environments.

Sonne International Company Limited wins Designed in Hong Kong Awards for Personal Care (Women) and Security & Safety

Sonne’s FTecHealth nursing bra is powered by infrared tech to stimulate milk secretion for mothers.

Xiaomi raises $36.88b in IPO

The company reportedly priced the sale of 2.18 billion shares at $17 each.

Hang Seng Bank to use fintech in credit risk assessment by Q4

Fintech and big data will be used to evaluate loan applications.

Banks' bad loan ratio improves to 0.52% in 2017

Maintaining credit quality is no problem for the city’s top lenders.

Approved mortgage loans up 14.4% to $42.6b in May

However, the number of mortgage applications fell to 14,491.

Home prices up for 26th straight month in May

Secondary-market residential prices rose 1.67%.

What can Hong Kong banks gain from turning away from BPOs?

Managed services may just be the way to add further value for banking customers.

Singapore and Hong Kong startups to be linked through fintech deal

They will be engaged in a shared network and mentorship programmes.