MONTREAL - The founder and former chief executive of online gaming firm Amaya Inc. says he still has US$3.45 billion in committed financing from a pair of Hong-Kong-based investors lined up to buy the company. That's US$200 million less than the original ... ( read original story ...)
App lets Hong Kong homebuyers know if houses are haunted
HONG KONG — Ship Street is quintessentially Hong Kong ... After more than 30 years in the real-estate business, Lily Wong, a local agent, knows most Chinese clients are not interested in even looking at haunted apartments. “They wouldn’t rent, ... ( read original story ...)
Hong Kong finance chief dismisses talk that he will express intent to run for top job during Beijing trip
Financial Secretary John Tsang Chun-wah dismissed speculation that he would express his intent to run for Hong Kong’s top job as he headed to Beijing to meet with key officials. Speaking at the airport before his departure on Sunday morning, Tsang ... ( read original story ...)
Amaya founder finds additional Hong Kong funds for takeover bid to fill void left by Dubai investor
“We continue to support David Baazov,” Stanley Choi, chairman of Head and Shoulders Financial Group, said in a phone interview from Hong Kong, adding that he’s “not at all” concerned about what happened in the past week with KBC. He declined to ... ( read original story ...)
Thousands call for equality in Hong Kong pride parade
A huge rainbow flag led thousands through the streets of Hong Kong Saturday as the city's LGBT community braved the rain and wind to call for equality at its annual pride parade. Participants dressed for this year's "naughty green" theme sang and danced ... ( read original story ...)
Hong Kong Looking Seriously at Blockchain for Mortgage Solutions
Hong Kong is one of the most important financial centres of the world, but with limited space and high demand, property in Hong Kong has always been in short supply. Simplifying home ownership in Hong Kong is therefore a prime concern for the Hong Kong ... ( read original story ...)
Shenzhen-HK Stock Connect to launch
The HKSAR Government welcomed the announcement. Financial Secretary John Tsang thanked the relevant Central Authorities for their staunch support for the Shenzhen-Hong Kong Stock Connect “The regulatory authorities as well as exchanges and clearing ... ( read original story ...)
Hong Kong chief executive denies using influence to land daughter internship at major bank
Chief Executive Leung Chun-ying has dismissed allegations that he used his influence six years ago to secure an internship for his younger daughter at an international investment bank Leung Chung-yan was still at secondary school at the time and her father ... ( read original story ...)
Hang Seng Hits Two-Week High, Yield Trends Still A Concern
which has underpinned confidence and there are also expectations that capital flows into Hong Kong equities from the mainland will strengthen. After opening little changed, the Hang Seng index moved sharply higher in the first 30 minutes of trading with a ... ( read original story ...)
Hong Kong market posts biggest weekly gain in nearly two months as China financials rebound
Hong Kong stocks notched up their biggest ... partly due to the bank’s share repurchase scheme. Yip said the short-term rebound hasn’t reached an end but the Hang Seng Index will face more resistance at 23,000 to 23,600. Brett McGonegal, chairman ... ( read original story ...)
Hong Kong shares slip, hurt by Tencent's disappointing results
Nov 17 Hong Kong's benchmark Hang Seng Index edged lower on Thursday, with continued strength in the U.S. dollar hurting sentiment in Asia, but the decline was limited by strength in the services sector. The benchmark Hang Seng index fell 0.1 percent ... ( read original story ...)
Hong Kong stocks close at 2-week high as Shenzhen Connect nears
The Hang Seng index rose 0.5 percent, to 22,723.45, the highest closing since Nov. 10. The Hong Kong China Enterprises Index, which tracks Chinese companies listed in the city, posted solid gains, rising 1.2 percent, to 9,790.23 points, aided by a ... ( read original story ...)
Hang Seng closes higher
Stocks in Hong Kong closed higher today. The blue chip Hang Seng Index was up by 0.51 percent, or 114.96 points, at 22,723.45 at the close. In Shanghai, the Composite Index gained by 0.62 percent, or 20.20 points, at 3,261.94 and the Shenzhen Composite ... ( read original story ...)
Hong Kong stocks edge up in morning
HONG KONG: Hong Kong stocks rose on Friday morning, recovering the previous day's losses and tracking gains across most of Asia's other markets. The Hang Seng Index added 0.36 percent, or 82.00 points, to 22,690.49 by the break. The benchmark Shanghai ... ( read original story ...)