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Insights
21-Feb-19 Hong Kong authorities are preparing to issue digital banking licences to six companies including internet and gaming group Tencent, Ant Financial, the payments business of e-commerce giant Alibaba, smartphone maker Xiaomi and insurer ZhongAn. [image: Bloomberg]
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Insights
18-Feb-19 Hong Kong is transforming itself into a portal for data, finance, talent and services. And as Guangdong seeks to move up the value chain and to boost the technology sector, it has promulgated a Guangzhou-Shenzhen Technology & Innovation Corridor. [image: HKTDC]
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Insights
22-Jan-19 China’s tech boomtown of Shenzhen has eased Hong Kong out of Asia’s top five cities by economic output. The burgeoning southern metropolis booked a 2018 GDP of CNY2.4 tn (USD356 bn), representing a year-on-year surge of 7.5%. [image: Twitter]
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Insights
16-Jan-19 As wages in China have risen, many Hong Kong enterprises with manufacturing there have tried to cut costs and navigate the Sino-US trade dispute by taking production offshore to emerging economies such as Indonesia, India and Vietnam. [image: HKTDC]
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Insights
06-Nov-18 Hong Kong's South China Morning Post, acquired in 2016 by Alibaba, has decided to go into the red and invest over a period of time "to secure long-term sustainability and profitability". Advertising at Hong Kong newspapers declined 24 percent 2014-17. [image: SCMP]
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