The Hong Kong Monetary Authority (HKMA) in 2017 announced seven initiatives to move Hong Kong into a new era of smart banking. Virtual Banking, Open API and the Faster Payment System are the latest bu ...More
EJ Insight2018-12-14
Alibaba-backed online parenting firm Babytree Group launched an initial public offering of up to US$281 million in Hong Kong on Wednesday, far below what the Chinese company had hoped to raise, as wea ...More
EJ Insight2018-11-15
Tencent Holdings-backed online Chinese travel firm Tongcheng-Elong launched a far smaller-than-expected initial public offering of up to US$233 million in Hong Kong on Tuesday, amid a weak stock marke ...More
EJ Insight2018-11-13
Stan Lee, who dreamed up Spider-Man, Iron Man, the Hulk, Black Panther and a cavalcade of other Marvel Comics superheroes that became mythic figures in pop culture with soaring success at the movie bo ...More
EJ Insight2018-11-13
The US Justice Department has filed a civil fraud lawsuit against UBS Group, accusing the Swiss banking giant of defrauding investors in its sale of residential mortgage-backed securities in the run-u ...More
EJ Insight2018-11-09
IBM Corp said it has agreed to acquire US software company Red Hat Inc. for US$34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin p ...More
EJ Insight2018-10-29
Uber Technologies is considering selling minority stakes in its self-driving car unit, the Financial Times reported, in a move widely seen as an attempt to drive down the firm’s cost pressures ahead o ...More
EJ Insight2018-10-18
Chief Executive Carrie Lam Cheng Yuet-ngor's announcement that the government is looking at building artificial islands to create new land for housing has been greeted with skepticism by some lawmaker ...More
EJ Insight2018-10-11
Chinese online food delivery-to-ticketing services firm Meituan Dianping raised US$4.2 billion in the world’s biggest internet-focused IPO in four years as it priced the float near the top of an indic ...More
EJ Insight2018-09-13
Joseph Stiglitz recently dismissed the relevance of secular stagnation to the American economy, and in the process attacked (without naming me) my work in the administrations of Presidents Bill Clin ...More
EJ Insight2018-09-04
Stanley Wong Yuen-fai, chairman of the Task Force on Land Supply, said many people support the development of privately owned brownfields to bolster Hong Kong's land supply for housing, with very few ...More
EJ Insight2018-09-03
On Tuesday, a 48-year-old Indonesian domestic helper was killed by a falling tree branch as she was walking along a road in Sau Mau Ping in Kwun Tong district early in the morning. The tragic accident ...More
EJ Insight2018-08-23
Morgan Stanley Capital International (MSCI) announced in June that it would include Saudi Arabia in its emerging markets index. The decision is widely regarded as being tantamount to a vote of confide ...More
EJ Insight2018-08-10
Stock markets could be impacted by the World Cup match results, according to a study led by Alex Edmans, a professor of finance at the London Business School. The study, based on analyses of 1,100 foo ...More
EJ Insight2018-07-23
China Renaissance Group, a Beijing-based investment bank that had been involved in several high-profile Chinese tech deals, could raise as much as US$800 million in a Hong Kong IPO, Reuters reports, c ...More
EJ Insight2018-06-25
In the restaurant business, how many dishes does one have to prepare and sell in order to reach HK$100 million? A lot, you will say. And probably not even several lifetimes of hard work and the best ...More
EJ Insight2018-06-15
Chinese smartphone maker Xiaomi Corp. has been dubbed "China's Apple" and its founder Lei Jun "China's Steve Jobs" in part because Lei also favors the simple design and convenient features preferred b ...More
EJ Insight2018-06-13
The Task Force on Land Supply, a panel appointed by Chief Executive Carrie Lam Cheng Yuet-ngor last year to come up with suggestions to help resolve Hong Kong's housing woes, has launched an online su ...More
EJ Insight2018-06-08
The Advisory Council on the Environment met on Monday for a discussion on updating the standards laid out in the Indoor Air Quality (IAQ) Certification Scheme, following revised IAQ guidelines from th ...More
EJ Insight2018-06-05
Ever since Kenneth Lau Ip-keung succeeded his late father Lau Wong-fat, or 'Uncle Fat', as chairman of the Heung Yee Kuk, a statutory advisory body to the government on New Territories affairs, the in ...More
EJ Insight2018-05-28