Hong Kong

Food, alcohol, tobacco sales grew 22.8% y/y in September

Mid-Autumn festival is the possible growth driver.

Omate’s standalone smartwatches

Its flagship product, TrueSmart+ aims to be a smartphone replacement.

Hong Kong's 20 largest licensed banks 2015

HK banks must juggle tradition and technology.

Hong Kong's 20 largest licensed banks 2015

HK banks must juggle tradition and technology

Foundation stone laying ceremony for the new Patek Philippe building in Plan-les-Ouates

In January 2015, Patek Philippe announced its decision to strengthen its presence in Geneva with the construction of a new building on its manufacturing site in Plan-les-Ouates. A total of CHF 500 million (CHF 450 million for the construction and CHF 50 million for the production technical equipment) will be invested into this new building, which by 2018 will provide additional space for new activities and the transfer of know-how. The family-owned company is again making a strong commitment to its Geneva origins.