The Young Financial Post

Business & Finance

【Local】Hong Kong craves medical beauty regulations

Medical cosmetology has been growing fast in Hong Kong with increasing number of medical beauty companies raising funds from the stock market to expand in the past few years. However, the lack of rules and regulations in this booming sector is not just a problem of consumers but will also hamper the development of the …

Business & Finance

【Stock】TV star eyes Hong Kong stock market

The glamor of former beauty queen and TV star Erica Yuan may give her cosmetic retailing firm a boost at the beginning if the firm gets a stock listing but analysts said the celebrity effect could be short lived while the performance of its shares will mainly depend on the fundamentals of the company. Mi …

Business & Finance

【FOREX】Sliding yuan strikes foreign currency exchange stores

Foreign currency exchange stores have been suffering since Chinese yuan started to depreciate from 2015. An economic scholar said yuan depreciation indicates that the purchasing power of Chinese tourists decreases which has affected the business of local foreign exchange business. Mainlanders spend less on weak yuan Tourist numbers to Hong Kong fell 4.5 percent last year, …

Business & Finance

【E-Commerce】Chinese e-tailers turn to offline market amid slowing growth

China’s e-commerce companies have been expanding its offline sales networks by major acquisitions in recent years amid slowing growth in online sales. Analysts say, e-commerce companies need to develop their brick-and-mortar business, instead of replacing it, and contend for offline resources in the future as online and offline sales are inseparable. Already holding a 28 …

Business & Finance

【Start-up】Shadow Express: How Start-up

With the constantly increasing demand of online shopping, a small express company is targeting a niche market to tap its growth. Shadow Express, a newcomer of the market, is modifying the service of traditional door-to-door express in order to provide a competitive price and specialized service for university students, a major crowd of China online …

Business & Finance

【Local】Hong Kong on its Reindustrialization Way to Diversify Growth

The economy of Hong Kong, an international financial center, has been dominated by its services sector that accounts for more than 90 percent of the city’s gross domestic product (GDP), while the government is promoting reindustrialization on hopes to diversify its economic development. However, “Hong Kong government still focuses more on developing property industry instead of reindustrialization. They need …

Business & Finance

【Local】Postnatal care service in demand while lacks regulation

The demand of domiciliary postnatal nannies remains high, even the birth rate in Hong Kong has declined since 2011 but there is no regulation to ensure the quality of these services. “Sitting the month”, is a Chinese tradition that postpartum women need to stay indoors for at least 30 days and observe a strict regimen …

Business & Finance

【Local】Weekend markets boost local food sales

Discounted rents at weekend food markets and getting healthier eating habit of Hong Kong people drag up sales of small local handmade food vendors, who mostly operate online as they cannot afford high rents of regular physical shops. Despite of the age, more and more people desire a quality dining made with natural ingredients. However, …

Business & Finance

【Technology】“Small Is Beauty” for P2P lending platforms

Although the Hong Kong Securities and Futures Commission (SFC) has tightened regulations on peer-to-peer (P2P) lending platforms, some players still see the potential of a niche market with a small amount of financing to small and medium companies and college students. In May the SFC reviewed and tightened regulations on P2P lending companies, saying that a …

Business & Finance

【China】China’s film market faces challenges amid weak box office sales

China’s film market suffered a major blow with box office sales falling by 15 percent during the National Day period to 1.59 billion yuan (HK$1.84 billion), the first decline in a decade in the main holidays, according to online movie ticket seller Maoyan. This is a sharp contrast to a boom in 2015 when box …