24 April 2018

Ben Kwok

EJ Insight writer
  • Ride-hailing services firm Didi Chuxing has launched a campaign to encourage digital payments among Hong Kong customers. Representative image: Bloomberg

    Happy Fridays for Didi drivers and customers

    - Apr 23, 2018 12:20pm
    There is no free lunch, but there are free rides. Last Friday I took a free taxi ride, thanks to Didi Chuxing, which offered a HK$100 fare discount under a promotional campaign for a newly-launched cashless...
  • Hong Kong's property boom has seen parking spaces command ever higher premiums. Photo: Bloomberg

    Would you pay HK$5 million for a parking space?

    - Apr 19, 2018 5:45pm
    A popular saying goes, “An inch of land is worth a feet of gold”. In Hong Kong, where property prices are among the loftiest in the world, this means that it is not only the actual...
  • Li Ka-shing paid HK$610 million for 9.21 million CK Asset Holdings shares at between HK$60 and HK$70 each,  Photo: Bloomberg

    Li Ka-shing keeps buying his company’s shares

    - Apr 17, 2018 11:22am
    Three weeks after he announced his retirement, Hong Kong billionaire Li Ka-shing still has his money where his mouth is. The city’s richest man spent HK$610 million to snap up 9.21 million CK Asset Holdings shares at between HK$60...
  • Nissin Foods, the creator of Cup Noodles, depends on China and Hong Kong for a bulk of its instant noddle sales overseas.  Photo: Bloomberg

    How Nissin sparked an instant food culture

    - Apr 16, 2018 1:08pm
    This year marks the 60th anniversary of the creation of the world’s first instant noodles by the founder of what has now become one of Japan’s biggest food firms: Nissin Foods. Operating from a small shack...
  • People walk past cherry trees in bloom at a park in Osaka, in this picture taken on March 28. Japan is drawing more overseas visitors, particularly from the Greater China region. Photo: Bloomberg

    Japan’s ‘sayonara tax’ won’t deter HK travelers

    - Apr 12, 2018 1:02pm
    Mention Japan’s impending “sayonara tax” to any travel enthusiast in Hong Kong, and his or her response would probably be: “Let’s go there before January.” Well, one can assume that quite a few people will hasten...
  • Outgoing chairman John Slosar needed most of the income he had from Swire Pacific over the past seven years to be able to buy his dream home on The Peak from his own company. Photo: Bloomberg/Reuters

    Slosar wants to buy a home from Swire

    - Apr 10, 2018 11:47am
    Almost everyone in Hong Kong has to work hard to realize their dream home, and that dream is getting more and more expensive through the years. Consider John Slosar, the outgoing Swire Pacific chairman, who decided...
  • HKBN has received 2,700 applicants from 10 countries for the 19 slots in its summer internship programs this year. Photo: HKEJ

    HKBN wants you to tell them why your mother is beautiful

    - Apr 9, 2018 1:31pm
    Kwai Chung has suddenly become controversial. We are not talking about satirical media group Most Kwai Chung, whose record-breaking initial public offering and trading debut suddenly soured after a spokesman dished out silly, irrelevant remarks in...
  • An encounter with the legendary Komodo dragons on Rincah Island is an unforgettable experience. Photo: EJ Insight

    A visit to Indonesia’s Jurassic Park

    - Apr 6, 2018 3:53pm
    As if our fatigue and hunger were not enough, the local guide tried to aggravate our predicament by calling out to the ladies in our group and asking if any of them were having their period....
  • Hong Kong's premium office space has ranked as the world's most expensive over the past two years, and this has prompted many financial majors such Goldman Sachs to move to other locations in Hong Kong. Photo: AFP/HKEJ

    Goldman Sachs to move to Causeway Bay

    - Apr 4, 2018 4:16pm
    Even the golden Goldman Sachs may be struggling to stay in expensive Central. Well, there are other places in Hong Kong to choose from. A local report says the top US investment bank has signed a five-floor...
  • Most Kwai Chung co-founders at the stock listing ceremony on Wednesday. Photo: HKEJ

    Media Chinese cashes in on Most Kwai Chung frenzy

    - Mar 28, 2018 4:03pm
    The amazing Most Kwai Chung, the company behind the satirical weekly magazine 100Most and online media platform TVMost, has produced an unlikely winner – Media Chinese International Ltd. (00685.HK) chairman Tiong Hiew King. The stock, with...
  • Hui Ka-yan, chairman of China Evergrande Group, speaks at a news conference in Hong Kong on Monday following the company’s 2017 results announcement. Photo: Bloomberg

    Why Evergrande is hiring more fresh graduates

    - Mar 27, 2018 3:47pm
    There is a popular saying in the business community that goes “If you want to sell something, find China Evergrande.” Well, if you want to sell yourself, you might as well seek out that very same...
  • Tencent is now one of the five biggest technology firms in the world and its chairman, Pony Ma, is China's richest man. Photos: Bloomberg/Reuters

    Tencent generates 5,000 times return for investors

    - Mar 23, 2018 12:19pm
    You don’t need to be a Li Ka-shing to produce a return of 5,000 times on investment, which is what the outgoing chairman of CK Hutchison did for the group’s loyal shareholders in 46 years. If you...
  • Tycoon Li Ka-shing, picture here during a news conference last Friday when he announced his retirement, is known to choose his words carefully when asked to comment on sensitive topics like housing unaffordability in Hong Kong. Photo: Reuters

    No home, no marriage is not normal

    - Mar 19, 2018 12:22pm
    In his final press conference last Friday as chairman of CK Hutchison and CK Asset, tycoon Li Ka-shing was quizzed by a reporter about a problem young people face: how is it possible to get married...
  • Swire's redeveloped office properties in Quarry Bay are attracting some big foreign firms looking for a cheaper alternative to the Central district. Representative image: Bloomberg

    EY calls Quarry Bay its new home

    - Mar 16, 2018 5:18pm
    You don’t count as part of the Big Four unless you are in the core business district, right? Wrong!  Just take a look at Ernst & Young, the accounting and consulting giant that is set to have...
  • B&S International's top executives and their family members attend the firm's listing ceremony in Hong Kong on Wednesday. Photo: HKEJ

    Beauty and the sweet IPO

    - Mar 15, 2018 5:29pm
    You know they are hot. But perhaps not sure how long the ride can last. In case you are wondering, I’m talking about the new listings that Hongkongers just can’t seem to get enough of. In...
  • The debt-laden conglomerate is able to dispose of its assets at a profit at a time when it really needs cash. Photo: Reuters

    The biggest thing HNA should be grateful for

    - Mar 9, 2018 3:45pm
    HNA Group is a lucky dog. The debt-laden conglomerate seems to have a change of fortune, disposing of its assets at a profit at a time when it really needs cash. Its subsidiary Hong Kong International...
  • Tam Chai Yunnan Mixian, operator of a chain of rice noodle shops, was sold to Toridoll Holdings for HK$1 billion last year. Photo: HKEJ

    Mixian boss makes big bucks and buys a house

    - Mar 8, 2018 1:40pm
    If you want to know how Hong Kong people become rich, just think of the board game Monopoly. The goal is to become rich by buying property. Once you become rich, you buy more properties. Such...
  • Frances McDormand, the winner of this year's Oscar for best actress, made a sensational pitch for gender equality and racial inclusiveness in her acceptance speech at the awards ceremony on Sunday. Photo: Reuters

    HK still a backward financial center in terms of gender equality

    - Mar 7, 2018 11:56am
    What do Tencent Holdings, Hong Kong and China Gas and AAC Tech have in common? They are blue-chip companies that have never appointed a female director, according to Community Business, a not-for-profit organization based in Hong...
  • The number of homeless people who stayed overnight at McDonald's outlets has surged 5.7 times over the past five years. Photos: AFP

    The N-nothing sleepers at McDonald’s

    - Mar 5, 2018 2:40pm
    How bad is the housing crisis in Hong Kong? A non-governmental organization has devised a method to gauge the extent of the problem. Call it the McDonald’s Housing Crisis Index if you will. One chilly night...
  • The exam fee waiver is intended to reduce the financial burden of DSE candidates and encourage private students to take the exams, but parents are far from happy. Photo: Internet

    Let’s all take next year’s free DSE exams

    - Mar 2, 2018 1:10pm
    What can bring adults to the study room and make them sit a public exam?  Thanks to Financial Secretary Paul Chan’s plan to waive the fees for those taking next year’s Hong Kong Diploma of Secondary Education (DSE)...

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