English Financial News

【Local】Kids’ toys could be good investments

  • 2016-12-14

Hundreds of thousands of investors are now eyeing “toy investment” which could provide returns higher than investing in gold. For most people, buying toys is for children or personal interest but with growing popularity of the Internet, which provides online trading platforms and easy accessible inf …

【Property】Mixed reactions on HK’s new stamp duty

  • 2016-12-14

Investors and speculators are looking for investment alternatives or means to escape a new stamp duty after the Hong Kong government more than doubled the residential property stamp duty in November, the second hike in three years, to rein the city’s rocketing property prices. Under the new policy, …

【Stock】Mainland Insurance funds give HK stocks a shot in the arm

  • 2016-10-25

Hong Kong stock market is welcoming a boom after the China Insurance Regulatory Commission (CIRC) announced on 8th Sept to allow mainland insurance firms to invest in Hong Kong stocks through the Shanghai-Hong Kong Stock Connect program. Currently, RMB is not freely convertible and China’s capital m …

【China】Sportswear brands shifting attention to female market

  • 2016-10-25

Chinese sports brands are expected to jump on the bandwagon and shift their focus to the female products, on hopes to develop this fast growing market segmentation. “Changes of fashion trend has shaped female consumers’ consumption habit”, said Gao Leilei, associate professor at the Department of Ma …

【Technology】Uber seeks new growth in HK via UberEATS

  • 2016-10-25

On-line car hire firm Uber started food delivery service app, UberEATS, in Hong Kong earlier this month after suspending its UberTAXI and UberVAN services in the city on hopes to grasp new opportunities. (Ubereats is a mobile app which allows costumers order food delivery services in Hong Kong. Sour …

【E-Commerce】Taiwan online travel agency embarks on HK market

  • 2016-10-18

  Taiwan-based online travel agency (OTA) KKday entered Hong Kong two months ago to tap the potential of the city’s tourism market by offering localized and individualized tours. Instead of air ticket and accommodation booking, KKday is seeking to provide customers with a unique customized trav …

【Stock】A thorny profiting way behind Meitu’s listing ambition

  • 2016-10-18

It has been more than a decade for the Hong Kong stock exchange to see a huge initial public offering (IPO) from a technology company since Tencent (0700) raised HK$1.44 billion net proceeds in 2004. Meitu Inc., a mainland mobile app developer famous for its selfie beautifying app MeituPic (Meitu Xi …

【Local】Survey reflects pragmatic spending habits among university students

  • 2015-01-08

University students seem to have developed pragmatic spending habits, despite being faced with various temptations from food to video games, a survey by The Young Financial Post revealed. Most university students in Hong Kong live on a monthly income or budget of less than HK$2,000 and a quarter of their income will be spent on entertainment. by Cheng Ming Wai

【Local】‘Party house’ business sparks up in Hong Kong

  • 2015-01-08

Hong Kong’s many underused industrial buildings have become the ‘in’ place to set up not just art and design studios but party houses, where the city’s youth can economically enjoy time off with friends and classmates. The success of the concept has sparked a trend, and more and more young people are opening their own ‘house’. by Wong Yee Man

【Local】Korean Wave Fans Hong Kong Consumers

  • 2015-01-08

“My love from the Star”, a recent hit South Korean soap opera airs every weekday evening on Hong Kong television, sponsored by a well-known Korean skincare brand. Meanwhile, more and more Hong Kongers to dine at Korean restaurants that line Kimberly Road in downtown Tsim Sha Tsui. Without a doubt,, Korean culture has infiltrated Hong Kong hearts and minds. by Tong Hoi Man