Popular Chinese Bike-Share Startup Implements Unique Rating System
MoBike’s rating system differs from those of companies like Uber as it directly affects prices. Riders with an ‘excellent’ score may receive incentives, while those with lower scores are charged from double to 100x the normal price. Ignoring traffic laws, poor parking, and obstructing others can lower a score, while good riding habits and reporting bad riders can boost your rating. The company currently holds bikes in 200 cities across the globe.
Emerging Asian Markets Maintain Stability During Global Shakeup
The growing markets of Thailand and Malaysia have maintained considerable consistency as opposed to larger markets. This contradicts past trends of emerging markets swinging more widely. The two countries’ markets, which remained more stable due to a higher concentration of domestic stocks, could find new value this year if global markets continue to face turbulence.
Hong Kong Budget Expected to Aid Strong Economic Growth
According to Financial Secretary Paul Chan, the budget is one of the most expansionary in recent years, with a 17.6% increase in overall expenditure and HK$50 billion designated for “investing in the future.” GDP growth is expected at 3-4% per annum. However, concerns still remain over a booming real estate market which helped fuel a 6 year high in economic growth for 2017, but has further inflated property prices and could cap potential growth down the line.