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KPMG

HKMA, Cyberport collaborate on GenAI sandbox to foster adoption in city’s banking industry

by Anas Siddiqui
HKMA, Cyberport collaborate on GenAI sandbox to foster adoption in city’s banking industry

The HKMA did not specify the eligible requirements for the GenAI sandbox and its application process, but said these details would be announced in due course. Hong Kong Monetary Authority …

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Hong Kong may reap bonanza as China expedites approvals for offshore IPOs

by Anas Siddiqui
Hong Kong may reap bonanza as China expedites approvals for offshore IPOs

The scrum of companies waiting to list reflects the dynamism and scale of Chinese companies, he said. They absolutely aim to grow bigger and better, and we should strongly support …

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Hong Kong IPO market finds ‘positivity’ after slow first half of 2024 as deal pipeline fills

by Anas Siddiqui
Hong Kong IPO market finds ‘positivity’ after slow first half of 2024 as deal pipeline fills

Initial public offering (IPO) activity in Hong Kong is gearing up for a busier second half of the year, shaking off a slow first six months as more Chinese companies …

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Mango Home appoints Nuria Font as new director

by David Johnson
Mango Home appoints Nuria Font as new director

Translated by Roberta HERRERA Published Jun 10, 2024 The Barcelona-based fashion company is reorganizing the leadership of its home division. Thus, the former director of Mango’s franchise business will now …

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Jackson Wang: how the Hong Kong-born K-pop star navigates life as ‘a new entrepreneur’ in music and fashion

by Anas Siddiqui
Jackson Wang: how the Hong Kong-born K-pop star navigates life as ‘a new entrepreneur’ in music and fashion

Since 2017, Wang has been actively releasing solo material through his own record label, Team Wang. He further expanded his empire by launching a subsidiary lifestyle apparel brand known as …

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PwC faces defections by Hong Kong, mainland China clients amid concerns about China Evergrande accusations

by Anas Siddiqui
PwC faces defections by Hong Kong, mainland China clients amid concerns about China Evergrande accusations

Shenzhen-listed conglomerate China Merchants Port Group has joined at least four other large corporations that have terminated contracts with auditing firm PricewaterhouseCoopers (PwC) in the last month amid concerns around …

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Barthélémy Guislain re-elected to head the AFM, owner of Decathlon, Kiabi and Jules

by David Johnson
Barthélémy Guislain re-elected to head the AFM, owner of Decathlon, Kiabi and Jules

Translated by Cassidy STEPHENS Published May 27, 2024 On Saturday May 25, Barthélémy Guislain was reappointed for a further five years at the head of the Mulliez Family Association (AFM), …

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Venture-capital funding in China falls to pandemic-era lows in weak 2024 start, with AI, EVs, clean energy as exceptions

by Anas Siddiqui
Venture-capital funding in China falls to pandemic-era lows in weak 2024 start, with AI, EVs, clean energy as exceptions

The figure, the lowest since the first quarter of 2020, was “striking”, according to the professional services firm, even after accounting for how the first quarter tends to be slow …

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Britain’s retail sales disappoint in sign of lacklustre recovery

by David Johnson
Britain’s retail sales disappoint in sign of lacklustre recovery

By Bloomberg Published Apr 19, 2024 UK retail sales stalled unexpectedly in March after shoppers scaled back spending on food and at department stories. The volume of goods sold in …

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Hong Kong’s hiring market to remain soft as employers are concerned about challenging economic outlook: KPMG

by Anas Siddiqui
Hong Kong’s hiring market to remain soft as employers are concerned about challenging economic outlook: KPMG

Jobseekers in Hong Kong should not get their hopes up in case they are looking to land a job or switch employers, as companies are pessimistic about the overall economic …

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