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Creating Hong Kong's own startup ecosystem

... ould then target the company for an initial public offering, or sell the firm to some IT giants. Either way they will subsequently turn themselves as angel investors, who will then reach out to potent ...More

EJ Insight2015-06-27

High-speed rail to be delayed further until 2018: Lawmaker

...  the 2017 target infeasible. Meanwhile, a deadlock remains over whether the extra cost of the project should be borne by MTR Corp. or the government. Tien has said he might propose resorting to the Le ...More

EJ Insight2015-06-26

Alibaba affiliate Ant Financial launches online bank for SMEs

Alibaba Group's financial affiliate Ant Financial Services Group launched on Thursday an online bank that will target small businesses, entrepreneurs and consumers in China. MYbank, which has register ...More

EJ Insight2015-06-26

How Skyworth Digital is leveraging its smart TV business

... ual sales target of 15 million units for the next fiscal year -- 10 million units in domestic sales and the rest overseas, up 5.7 percent and 35 percent, respectively, from the previous year. The comp ...More

EJ Insight2015-06-24

Mainland phone scam artist picks wrong target

A mainland con artist picked the wrong target for his phone scam and is now paying dearly for it. Around 3 p.m. on Tuesday, according to an Apple Daily report, a police constable at the crime unit of ...More

EJ Insight2015-06-24

Skyworth eyes 80% sales growth for internet TV flagship Kukai

Skyworth Digital Holdings Ltd. (00751.HK) is seeking 80 percent sales growth for its internet television brand Kukai, muscling in on rivals LeTV and Xiaomi Technology Inc. The growth target works out ...More

EJ Insight2015-06-23

EU extends Russia sanctions until end-Jan 2016

... sanctions target associates of President Vladimir Putin and Russian state banks, military and energy firms. Russia condemned the move, and warned that it will respond reciprocally. "Russia naturally c ...More

EJ Insight2015-06-23

How a matchmaker app made the top 10 in three months

Hong Kong people are too busy to fall in love, so New York-based online dating app Coffee Meets Bagel (CMB) is targeting them in its first overseas outing. With 10,000 registered users, the app is in ...More

EJ Insight2015-06-22

Why AIIB is important to China's economic health

... ives will target infrastructure investment and foster economic integration with countries across Central Asia, India, South Asia, the BRICS economies and towards Europe via land and sea routes. Strate ...More

EJ Insight2015-06-22

Cost to build Yuen Long-Sheung Shui cycle track soars 66%

...  original target of July 2012. Legislator Tang Ka-piu from the Hong Kong Federation of Trade Unions said he would support the allocation of funds for the cycle network so as to avoid delaying construc ...More

EJ Insight2015-06-16

CVS buying Target pharmacy and clinic business for US$1.9 bln

Drugstore operator CVS Health Corp. is buying Target Corp. pharmacies and clinics in a US$1.9 billion deal. The acquisition by the second largest US drugstore chain covers more than 1,660 Target pharm ...More

EJ Insight2015-06-16

HK-mainlander parallel universe: Can it be bridged?

...  intended targets. Another thing that may be compounding the matters is that mainlanders may only be receiving censored and one-sided information from the media, especially from state-controlled mouth ...More

EJ Insight2015-06-15

Why companies find that long-term plans often don't work out

... evise the target to 10 percent. Minority shareholders of the bank have had their fair share of disappointment over the years. HSBC Holdings is not alone in this regard. In recent years, five out of si ...More

EJ Insight2015-06-13

Rate hike will be just one of many Fed macro tools

...  that the target Fed Funds rate should be 2.3 percent based on current Core Personal Consumption Expenditures (PCE) and unemployment rate. That was 200 basis points above the existing rate, almost a r ...More

EJ Insight2015-06-13

Why Asia-Pacific equity funds are attractive

... hieve its target of 2 percent inflation, the Japanese government is widely expected to step up its monetary easing, which could further weaken its currency. The weaker yen is also partially caused by ...More

EJ Insight2015-06-12

Germanwings crash probe looks beyond dead co-pilot

... tes can’t target Lubitz as part of their investigation, because he died in the crash. Instead, they will explore if other parties should be placed under formal investigation on preliminary manslaughte ...More

EJ Insight2015-06-12

Kaisa picks new chief in management shuffle

... quisition target for other property companies. In April, Kwok suddenly returned to the helm of the company. Tianjin-based Sunac China Holdings Ltd. (01918.HK) had launched a bid to acquire Kaisa, but ...More

EJ Insight2015-06-12

Why it's a bad idea to link trade pacts with currency issues

... ange-rate targets, or managed floating, all of which by definition entail buying and selling foreign exchange to moderate or eliminate exchange-rate fluctuations. China is not a party to the TPP, but ...More

EJ Insight2015-06-11

Citic ties up with social security fund; CCB looks at Indonesia

... ll see it target emerging market tie-ups with local banks. Such a strategy certainly looks prudent for a lender that has much to learn and is probably still at least a decade away from becoming a seri ...More

EJ Insight2015-06-10

HSBC to axe 50,000 jobs, slash investment bank

... t its new target for return on equity at greater than 10 percent by 2017, down from its previous target of 12-15 percent by 2016. It confirmed the planned sale of its units in Turkey and Brazil, addin ...More

EJ Insight2015-06-09

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