South Korea’s internet giant Naver Corp this week became the first major ICT company to formerly…
Hong Kong
Business news and investment opportunities in Hong Kong
STATS
Source: World Bank
Currency: Hong Kong dollarGDP: 362.7 billion USD (2018)
GDP per capita: 48,675.62 USD (2018)
GDP growth rate: 3.0% annual change (2018)
GNI per capita: 67,810 PPP dollars (2018)
Gross national income: 505.3 billion PPP dollars (2018)
Internet users: 75.0% of the population (2011)
Hong Kong crisis makes Tokyo walk the line
Japan wants to use the Hong Kong crisis to persuade its bankers to mover to Tokyo,…
Secondary Hang Seng listings open new front in US-China trade war
China’s largest online retailer JD.com will tomorrow become the latest in a growing roll call of…
Singapore virtual banking auction may add to Hong Kong’s woes
Singapore may increasingly come to be seen as an alternative financial centre of choice to Hong…
Hong Kong getting ready for AIIB membership by end of year
Hong Kong will take a bigger role in the internationalisation of the yuan and multi-billion fund…
Adidas planning major push into China as demand defies economic slowdown
The German multinational sportswear manufacturer Adidas is planning to open a further 3,000 retail outlets in China…
PWCC unveils Asian expansion plans
After posting solid earnings growth for 2015, Hong Kong billionaire Richard Li Tzar-kai’s PCCW conglomerate immediately unveiled plans…
Hong Kong bankers out to capture major slice of OBOR project financing
Hong Kong bankers and private equity players are on a mission to capitalise on the infrastructure financing opportunities that China’s…
HK-Shanghai stock market merger lures Russians
HK-Shanghai stock market merger: With the merger of the Hong Kong and Shanghai stock exchanges imminent,…
HK dollars to be traded on Moscow exchange
HK dollars: Moscow Stock Exchange’s currency exchange committee this week gave its approved for trading in Hong…
Vnesheconombank Hong Kong subsidiary opens
A Vnesheconombank Hong Kong subsidiary has been opened to help the bank attract Asian investors and expanding Russian companies’…
S7 begins Hong Kong check-in service
Russian airline S7 has introduced a through check-in baggage service from its own flights to ferry…