Hong Kong
Wealthtech firms poised to snap up to 10% of wealth manager assets
Robo-advisors are steadily luring the tech-savvy mass affluent.
Wealthtech firms poised to snap up to 10% of wealth manager assets
Robo-advisors are steadily luring the tech-savvy mass affluent.
Hong Kong is the world's third most attractive financial center as Asia outperforms weakening Europe
The SAR is set to pounce on London who’s been losing luster due to Brexit.
Housing correction of 15% possible in 2019
The world’s most expensive property market is finally slowing down.
Bank of East Asia steps up tech partnerships to capture Mainland market
The bank has already tied up with four tech companies.
Hang Seng Bank enhances capabilities of AI-powered chatbot
‘HARO’ can now help customers manage their personal finances.
Sport-related spending in 2017 outpaces that of US Open after hitting $2.1b
Over 700,000 in sporting tickets were sold last year.
Developers sweeten property packages in bid to dispose stock
One developer has included a high-speed rail holiday in its apartment package.
China's ultra rich set to boost Hong Kong wealth assets by 50% in 2023
HNWIs from the Mainland are edging out AuM from other APAC markets.
Hong Kong urged to double university research funding to $4b to maintain competitive edge
This is part of the pledge to increase R&D expenditure to GDP to 1.5% by 2022.
Residential projects dominated construction works in Q2
Its value rose by 8.1% to $18.5b.
Expats shun costly Hong Kong as they embrace Taiwan and Singapore
Once a thriving expat hub, the SAR has plunged to 56th place in the global expat life rankings.
AI in Hong Kong: An urgent need to realise opportunities
Two years ago, I shared with Hong Kong Business readers how we will be able to build smarter retail infrastructure through in-store artificial intelligence (AI). I am pleased to see that AI-based chatbots are now in widespread use around the world. However, the incredible potential of AI remains largely unrealised in Hong Kong, whilst the number of opportunities has expanded immensely.
URA to shell out $100m to compensate unauthorised Kwun Tong shopkeepers
This is part of the ongoing effort to redevelop Kwun Tong town centre.
Hot pot chain Haidilao seeks ambitious US$10b valuation that towers over its peers
It’s aiming for a market cap greater than all Hong Kong-listed restaurant operators combined.
Hong Kong inks fintech cooperation deal with Brazil
The two central banks will share information and lead joint innovation projects.
Accommodation and retail sectors lead Q2 charge in business receipts
They booked double-digit growth at 16.5% and 12.4% respectively.
Hong Kong banks struggle to plug tech talent shortage
Engineers and developers are all in short supply.
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