QR code payment systems have become increasingly popular in China. People use them in everyday life to pay for small purchases or even red packets in banquets or donations at temples. But the People’s ...More
EJ Insight2018-01-11
... Lan Kwai Fong", and Sun Hung Kai’s Kwok family also invested in the firm in pre-listing B round. There is speculation that C-Mer has attracted over 500 times over-subscription in margin booking. This ...More
EJ Insight2018-01-05
Instant messaging service WhatsApp said it has ended support for older operating systems including Windows Phone 8, BlackBerry OS and BlackBerry 10. It will also stop support for Nokia S40 by the end ...More
EJ Insight2018-01-04
I ran into an old friend at a fintech product launch the other day. He is Mok Chui-tin, LeTV's former chief executive for the Asia-Pacific region. He moved to the United States to develop internet ele ...More
EJ Insight2017-12-28
Octopus Cards Ltd., operator of Hong Kong’s leading smartcard payment system, joined hands with Samsung Electronics to launch an e-wallet service last week. A physical Octopus card can be used to pay ...More
EJ Insight2017-12-21
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
The Chinese government has banned all fundraising activities through initial coin offerings as well as ordered a shutdown of bitcoin exchanges, leading to a sharp drop in bitcoin prices at one point. ...More
EJ Insight2017-12-12
Hong Kong cashless payment operator Octopus launched QR code services last week targeting small merchants. Merchants only need to download the Octopus app and upload the required documents to set up a ...More
EJ Insight2017-12-07
The Hong Kong government will step up efforts to promote innovation and technology. This was the message from Chief Executive Carrie Lam Yuet-ngor at the grand final of Alibaba’s startup competition J ...More
EJ Insight2017-11-28
... . Francis Fong, Hong Kong Information Technology Federation honorary chairman recently sat down with the Hong Kong Economic Journal to discuss the contactless payment competition and Hong Kong’s prosp ...More
EJ Insight2017-11-24
Which payment tool is safer, physical credit card, mobile NFC (near-field communication) or QR code? That was a widely-discussed topic in Hong Kong recently. Owning a platinum or black credit card use ...More
EJ Insight2017-11-24
... Lan Kwai Fong?’ I said: ‘Yes, sometimes to have dinner’. Then he said: ‘Do you have one night stands? ’. It was culturally kind of weird to be asked such questions,” she said. “I think it illustrates ...More
EJ Insight2017-11-23
Mona Fong, former managing director of TVB and an influential figure in Hong Kong's entertainment industry, has died at the age of 83. Fong died peacefully at 5:28 p.m. on Wednesday at Hong Kong Sanat ...More
EJ Insight2017-11-23
... ment Kwai Fong Terrace. The dirty water scare affected tens of thousands of residents, according to data from the district councils covering the affected estates. Immediately after receiving the compl ...More
EJ Insight2017-11-21
The biggest news in the technology space lately was the US$103 billion bid by Broadcom to acquire Qualcomm. If it succeeds, that would mark the biggest ever deal in the technology industry since Dell ...More
EJ Insight2017-11-16
The battle for market share among food delivery services has heated up in Hong Kong. Major players such as Foodpanda, Deliveroo and UberEats are in a race to partner with the most ubiquitous eateries. ...More
EJ Insight2017-11-10
Last week I was asked by friends whether I would bid for Razer’s (01337.HK) hugely oversubscribed initial public offering. The US gaming equipment maker, backed by Intel Corp. and Hong Kong tycoon Li ...More
EJ Insight2017-11-09
In this year’s policy address, Chief Executive Carrie Lam Cheng Yuet-ngor identified some key themes in the city’s innovation and technology development, with HK$700 million allocated to start turning ...More
EJ Insight2017-11-06
In her policy address last month, Hong Kong's leader Carrie Lam Cheng Yuet-ngor identified some key themes in relation to promoting innovation and technology development in the city. During the speech ...More
EJ Insight2017-11-03
