Hong Kong
Hong Kong trails behind Singapore in technological readiness
Hong Kong trails behind Singapore in technological readiness
Poor R&D dragged the city to 10th place whilst Singapore snagged the crown.
Alibaba's Cainiao to invest US$1.53b in Hong Kong logistics center
Cainiao Smart Logistics Network will hold 51% stake in the joint venture.
Heightened Mainland lending pose risks to Hong Kong banks after rising 21% in 2017
The bulk of PRC lending is geared towards lower credit quality firms like SMEs.
Standard Chartered to split Asia operations into Hong Kong and Singapore hubs
The move aims to curb costs and simplify the bank's structure.
Tencent unveils plan to ease Greater Bay Area travel through WeChat
Travel permits and IDs would be linked to the app to facilitate border crossing.
Thriving IPO scene under threat as the Mainland eyes similar bourse reforms
China is reportedly mulling lower thresholds for biotech firms to list.
Total port cargo throughput down 0.7% to 65.7m tonnes in Q1
Tonnage of inward port cargo plunged in Singapore, Korea, Japan and Vietnam.
Sunny Optical stock rallies by a whopping 9,500%
The Mainland lens producer is now worth $22b.
How is the younger generation changing Hong Kong's consumer credit market?
The volume of unsecured products bought by Generation Z or consumers born 1995 or later ballooned by 63%.
Three out of five jobseekers hunt through mobile phones
Job applications should also be mobile friendly.
Xiaomi reportedly plans $3b Chinese Depository Receipts in mega IPO
It may raise 30% of shares in the Mainland and the rest in Hong Kong.
Property sales down 10.9% to $63.5b in May
Skyrocketing property prices may have finally dampened demand.
Communications Authority makes 5 GHz shared band available for faster Internet
This gives Hong Kong the status of being one of the first to adopt such advanced mobile tech.
Blockbuster IPOs buoy Hong Kong loans 17.1% in April
The city is hosting the back-to-back flotations of Xiaomi and China Tower.
Residents embrace shipping container homes amidst public housing holdup
Hong Kong's housing shortage has bred several creative residential solutions.
Hong Kong inks deal with Germany for cross-border securities regulation
It was signed by the Securities and Futures Commission and Bundesanstalt fur Finanzdienstleistungsaufsicht.
SFC slaps wealth management firm Noah Holdings with $5m fine
The company sold unsuitable investment products as a result of defective risk profiling questionnaires.