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What's Jimmy Lai's gameplan to revive Next Digital?

... ine media unit incurred a loss of HK$23 million with HK$294 million revenue, while the print business reported a loss of HK$76 million with HK$388 million revenue. The weak interim financial figures r ...More

EJ Insight2017-12-20

Mainland migrant suspected of killing, dismembering daughter, 12

... ubdivided unit on the third floor of a building on Canton Road in Mong Kok, they found it was locked and water was leaking from under the door. Police forced the door open, and found body parts in the ...More

EJ Insight2017-12-19

KC Chan disregards own warnings about property market risks

... uare-foot unit and two parking spots at Amber Garden, a 36-year-old estate. He was immediately ridiculed by the local press, which reminded him of his constant warnings about the risks of buying prope ...More

EJ Insight2017-12-14

Online retail boom brings more shopping festivals

Alipay, the mobile payments unit of China’s Ant Financial Services Group, launched a major shopping event on Dec. 12, called the “Double 12” International Festival. More than 10,000 shops in Hong Kong ...More

EJ Insight2017-12-14

Tencent expected to raise US$1 billion in music unit's IPO

... where the unit will list, the sources said. Underpinned by three separate platforms – QQ Music, KuGou and Kuwo – Tencent Music already has twice as many paying customers as Spotify Ltd. Tencent, Asia’ ...More

EJ Insight2017-12-14

A-share listing door seems to be closed for Chinese developers

... y service unit, citing "recent policy change from Chinese regulators" as the reason. The property giant had completed almost all the steps to spin off its unit in the A-share market. The spinoff was e ...More

EJ Insight2017-12-13

Could container homes as a housing option work in Hong Kong?

... ndustrial units or squalid cubicle homes. Temporary container housing would be a chance for them to reclaim a bit of dignity before they are assigned a permanent public flat. Two other Hong Kong compa ...More

EJ Insight2017-12-13

Power utilities to raise tariffs 1.9% next year

... 1.154 per unit of electricity after offering special rebates, while that charged by HK Electric will be HK$1.125, also with special rebates, the Hong Kong Economic Journal reports. The announcements w ...More

EJ Insight2017-12-13

Singapore's electric car-sharing program hits the road

... BlueSG, a unit of France’s Bollore Group, is a part of Singapore’s plans to reduce the number of vehicles on its roads and encourage the use of public transport. The city-state, one of the world’s mos ...More

EJ Insight2017-12-13

Founder of China's embattled LeEco placed on debt blacklist

... smart-car unit looking to rival electric car giant Telsa Inc. The latest twist, which follows court cases and Jia being ousted as chief executive of the main listed unit of the group he founded, is sy ...More

EJ Insight2017-12-13

What would every local startup buy after making big bucks?

... mes; each unit measures 1,700 square feet and has four bedrooms, valued at over HK$19,360 per square foot. Both units belonged to the same seller who acquired them from developer Sino Land for HK$57.6 ...More

EJ Insight2017-12-13

HK online rental platform finalist in global startup contest

Like startups involved in artificial intelligence, real estate-focused new technology businesses also have opportunities to showcase their strengths at a global event, a fact that a Hong Kong firm wil ...More

EJ Insight2017-12-13

Bitcoin investing: The ABCs and the risks you need to know

... e minimum unit can be down to a hundredth of a bitcoin or even less. Note: The views expressed in this interview are personal opinions of the industry professional and do not necessarily reflect those ...More

EJ Insight2017-12-12

Will bitcoin become the fourth classic bubble in history?

...  and as a unit of account. But as long as people are willing to trade them, they can serve as investment products. Bitcoin prices are extremely volatile. They surpassed US$19,000 at one point last Fri ...More

EJ Insight2017-12-12

Bitcoin looks remarkably like a bubble, NZ central bank warns

... uctuating unit of payment that has no backing from a government or a central bank. Bitcoin, “mined” by computers performing complex calculations, surged to over US$16,000 last week, and all bitcoins i ...More

EJ Insight2017-12-11

Mediaset eyes Telecom Italia deal from truce with Vivendi

... ’s pay-TV unit Premium. The rift deepened when Vivendi built up a 28.8 percent stake in Mediaset, controlled by former Prime Minister Silvio Berlusconi. Vivendi also controls TIM, with a 24 percent st ...More

EJ Insight2017-12-11

AT&T-Time Warner antitrust trial set for March

... adcasting unit had offered its distributors licensing terms that forbid Turner from “going dark” for seven years after the deal closes if they reach an impasse in negotiations. Blackouts are a negotia ...More

EJ Insight2017-12-08

Xiaomi said to eye 2018 IPO at US$50 bln minimum valuation

... needed ammunition for expansion, according to Bloomberg sources. Xiaomi, led by Lei Jun, often dubbed China's answer to Steve Jobs, is making a shift towards relying on brick-and-mortar stores. The co ...More

EJ Insight2017-12-05

CVS Health to buy Aetna for US$69 bln in year's biggest deal

...  separate unit and Aetna’s existing leadership is expected to run the Aetna businesses, CVS chief executive Larry Merlo was quoted as saying. Aetna will have two of its directors, in addition to Aetna ...More

EJ Insight2017-12-04

Bitcoin loses over a fifth of its value in less than 24 hours

... e digital unit is slowly gaining traction in the mainstream investment world, as well as by increasing awareness. Several large market exchanges including Nasdaq, CBOE and CME have said they are plann ...More

EJ Insight2017-12-01

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