EJ Insight

BUSINESS

Tencent scores with mobile game on Xi speech

Ben Ng - Oct 19, 2017 4:32pm

A mobile game that encourages people to applaud the speech that Chinese leader Xi Jinping gave at the opening session of the Communist Party congress has proved to be a huge hit in China. The game,...
Apple slashes iPhone 8 supplier orders by 50 percent: Report

Ben Ng - Oct 19, 2017 4:27pm

Apple has recently slashed orders for iPhone 8 and iPhone 8 Plus by about 50 percent for November and December, Taipei-based Economic Daily News reports, citing sources in Apple’s supply chain. This year is “quite rare”...
Alphabet’s Sidewalk Labs to turn Toronto area into a smart city

HKEJ - Oct 19, 2017 12:32pm

Sidewalk Labs, owned by Google’s parent Alphabet, is to build a digital city in Toronto. Alphabet won the contract to develop a 12-acre (522,720 square feet) site named Quayside on the waterfront of Lake Ontario. The...
Why HK firms are increasingly eager to tap cloud technology

Raymond Tsoi - Oct 19, 2017 12:07pm

Until one to two years ago, the business sector in Hong Kong did not appear to be much excited about adopting cloud technology or using cloud services, but there has been a significant shift in its...
Investment in China VC sector jumps to over US$50 bln in 2016

Oct 19, 2017 11:12am

China’s venture capital sector has become the second largest in the world. Last year the market saw investments worth more than US$50 billion (around HK$390 billion), expanding 10 times from just US$5 billion in 2007, according...
Taiwan ministry concerned over FTC fine on Qualcomm

Oct 19, 2017 8:50am

Taiwan’s Ministry of Economic Affairs (MOEA) said it is “deeply concerned” about a move by the island’s antitrust agency to impose a US$775 million fine on Qualcomm Inc. In a rare public display of disagreement between...
Chinese fintech firm Qudian soars in US market debut

Oct 19, 2017 8:31am

Shares of Qudian Inc, a Chinese online micro-credit firm, surged as much as 48 percent on their first day of trading on the New York Stock Exchange on Wednesday. The company, which priced its initial public offering at...
China’s electric car output to hit one million next year: BAIC

Oct 19, 2017 8:30am

China’s electric vehicle (EV) production could touch one million units next year and three million units by 2020, Reuters reports, citing said Xu Heyi, chairman of carmaker BAIC Group. This is likely to exceed a government-set...
New ETF has robots pick investments

Oct 19, 2017 8:09am

A new fund will let robots pick stocks. The AI Powered Equity Exchange-Traded Fund, which launched in the United States on Wednesday, will use IBM Corp’s Watson artificial intelligence technology to pick several dozen stocks with...
Twitter seeks to toughen rules to curb online harassment, abuse

Oct 19, 2017 8:00am

Twitter plans to toughen its rules on online sexual harassment and impose stronger penalties for misconduct, Reuters reports, citing an email the social media company sent to a group of safety advocates, academics and researchers. The...

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HONG KONG

Webb in spoof commercial, Faber out of TV shows

Ben Kwok - Oct 19, 2017 3:30pm

Two famous stock market commentators made unwanted headlines this week. We are talking about Hong Kong-based shareholder activist David Webb and Swiss investor and market analyst Marc “Dr Doom” Faber. First, to Webb, who is a...
13 men break into Mong Kok guesthouse, take HK$2.3 mln cash

Oct 19, 2017 3:21pm

Police are looking for 13 suspects in a robbery at a guesthouse in Mong Kok in the wee hours of Wednesday. At around 1 a.m., robbers barged into the guesthouse on the 16th floor of Kingland...
Zambian woman, 22, arrested over abandoned newborn in Wan Chai

Oct 19, 2017 1:39pm

A newborn baby girl with the umbilical cord still attached to her body was found next to a rubbish bin in Wan Chai on Wednesday morning, hk01.com reports. Police have arrested a 22-year-old Zambian woman believed...
Airbnb homeowners, guests could face prosecution

Oct 19, 2017 1:10pm

Secretary for Home Affairs Lau Kong-wah said his department has completed a review of the Hotel and Guesthouse Accommodation Ordinance, and would be proposing legislation to make short-term rentals a “strict liability offence”. That means both...
‘Co-parking’ in Tsuen Wan: HK$1,500 for 12 days

Oct 19, 2017 1:07pm

With the limited supply and soaring prices of parking spaces in Hong Kong, some owners have adopted the sharing economy model to rent out their parking lots on specific days for a fee. In Tsuen Wan’s...
China’s leader signals end to One Country, Two Systems

SC Yeung - Oct 19, 2017 12:12pm

While proclaiming the successful implementation of the “one country, two systems” principle in Hong Kong, and promising to uphold the “high degree of autonomy” in the administrative region, President Xi Jinping made it clear the the...
Govt eyes second sports park in Sha Tin after Kai Tak

Oct 19, 2017 12:04pm

The government is planning to build another sports park even as construction work on the one in Kai Tak is expected to start next year. Secretary for Home Affairs Lau Kong-wah told a radio program on...
Govt drops all pretense of democracy over co-location plan

Chung Shing-cheong - Oct 19, 2017 11:49am

On Tuesday, Chief Executive Carrie Lam Cheng Yuet-ngor threw everyone off guard by suddenly announcing that the administration was going to move a non-binding resolution in the Legislative Council on Oct. 25 urging lawmakers to endorse...
Having more courthouses does not ensure rule of law

Dennis Kwok - Oct 19, 2017 9:28am

A heated discussion has been under way over whether Hong Kong is gradually turning from a society governed by the “rule of law” into one that is governed by the “rule by law”. The most fundamental...
Beijing keeping tight grip on Hong Kong and Macau: Xi Jinping

Oct 18, 2017 5:27pm

President Xi Jinping says Beijing is maintaining a “firm grasp” on the full powers of governance the Basic Law and national legislation have given the central government over Hong Kong In a speech at the Communist...

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WORLD

Tencent scores with mobile game on Xi speech

Ben Ng - Oct 19, 2017 4:32pm

A mobile game that encourages people to applaud the speech that Chinese leader Xi Jinping gave at the opening session of the Communist Party congress has proved to be a huge hit in China. The game,...
Apple slashes iPhone 8 supplier orders by 50 percent: Report

Ben Ng - Oct 19, 2017 4:27pm

Apple has recently slashed orders for iPhone 8 and iPhone 8 Plus by about 50 percent for November and December, Taipei-based Economic Daily News reports, citing sources in Apple’s supply chain. This year is “quite rare”...
Mao’s former secretary absent from party congress

Oct 19, 2017 2:04pm

Li Rui, who was once Mao Zedong’s personal secretary, was absent at the opening of the Communist Party’s 19th National Congress at Beijing’s Great Hall of the People, Radio France Internationale reports on its website. The absence of...
Alphabet’s Sidewalk Labs to turn Toronto area into a smart city

HKEJ - Oct 19, 2017 12:32pm

Sidewalk Labs, owned by Google’s parent Alphabet, is to build a digital city in Toronto. Alphabet won the contract to develop a 12-acre (522,720 square feet) site named Quayside on the waterfront of Lake Ontario. The...
China’s leader signals end to One Country, Two Systems

SC Yeung - Oct 19, 2017 12:12pm

While proclaiming the successful implementation of the “one country, two systems” principle in Hong Kong, and promising to uphold the “high degree of autonomy” in the administrative region, President Xi Jinping made it clear the the...