HONG KONG Nov 22 The Hong Kong government on Tuesday began a consultation process on new powers the banking, insurance and securities regulators can use to wind down troubled financial institutions. The proposal outlines how the regulators may use the so ... ( read original story ...)
Hong Kong Disneyland, Seeking Return to Profit, Plans $1.4 Billion Upgrade
LOS ANGELES — The Walt Disney Company’s smallest theme park resort, Hong Kong Disneyland, which lost money amid declining attendance last year, will get $1.4 billion in enhancements as part of a colossal six-year growth plan. The upgrades, announced on ... ( read original story ...)
E-commerce gives lifeline to sinking HK retail sector
The sector has been slumping for the last 19 months, forcing desperate industry operators, especially small and medium-sized retailers, to search for new business opportunities. To be sure, the Hong Kong retail sector's sales have been falling. But ... ( read original story ...)
Southeast Asia beats Hong Kong on IPO count: Deloitte
Valuations might be smaller in SEA but could increase because emerging Asia is still growing, says Ernest Kan at Deloitte Southeast Asia. ( read original story ...)
New Study: Lam Soon (Hong Kong) Limited (411) – Financial and Strategic SWOT Analysis Review
Lam Soon (Hong Kong) Limited (Lam Soon), a subsidiary of Hong Leong Group is a food product company that operates through business segments such as food and detergents. The company's food segment offers products which include flour, edible oils and ... ( read original story ...)
This is what stalled the long-awaited Shenzhen-Hong Kong trading link
an investment strategist told CNBC. While no specific dates were set for the launch of the so-called Shenzhen-Hong Kong Stock Connect, some investors were betting that Monday would mark the official open of access to the exchange notable for potential ... ( read original story ...)
Asian stocks ride Wall Street rally, oil extends gains
HONG KONG (Reuters) - Asian stocks rose on Tuesday in the wake of solid gains in U.S. markets overnight, while the Japanese yen briefly strengthened after a powerful earthquake rocked northern Japan. Oil extended gains in Asian trading with U.S. West Texas ... ( read original story ...)
FrieslandCampina Hong Kong is Crowned the Hong Kong Most Valuable Company 2017, Leader of Integrity
HONG KONG, CHINA -- (Marketwired) -- 11/21/16 -- FrieslandCampina Hong Kong is honored to receive the honor to be the Hong Kong Most Valuable Company 2017 - Leader of Intergrity of the Year and receive the recognition of Hong Kong and China most reputed ... ( read original story ...)
International Art Event "Ink Global" to Be Held in Hong Kong in August Next Year to Mark Hong Kong SAR 20th Anniversary
Under Secretary for Home Affairs of the Government of the Hong Kong SAR, Mrs Nellie Fong, Chairman of Young Artists Development Foundation, Dr Kwok Homun, Curator of Ink Global, Mr Xiang Huaicheng, former Minister of Finance, Mr Liu Dawei, Chairman of the ... ( read original story ...)
Bahrain on charm offensive to expand ICT ties with Hong Kong
The kingdom, less than two-thirds the size of Hong Kong, is also home to about 400 Islamic financial institutions. According to the EDB’s latest report, its non-oil sector grew by 3.6% in the second quarter of 2016 and now accounts for more than 80% of GDP. ( read original story ...)
Hong Kong company stock buying high for third week amid heavy trade in blue chips
The buying was high for the third straight week while the selling among directors rebounded based on filings on the Hong Kong stock exchange from November 14 to 18. A total of 34 companies recorded 196 purchases worth HK$356 million versus 13 firms with 38 ... ( read original story ...)
Hong Kong Airlines launches 10th anniversary sale
To celebrate its 10th anniversary, Hong Kong Airlines will be launching a sale of 100,000 tickets for both economy and business class, to some of its most popular destinations. The sale begins tomorrow, November 22 and lasts until November 28, for travel ... ( read original story ...)
Hong Kong: Stocks end slightly higher
[HONG KONG] Hong Kong stocks closed another volatile day with a small gain Monday as investors brushed off a sell-off on Wall Street, although worries persist about the outlook under a Donald Trump presidency. The Hang Seng index added 0.06 per cent ... ( read original story ...)
Buyer who will pay HK$912 million for Asia’s pricest apartments is unveiled
Two adjoining luxury flats at the Mount Nicholson development on the Peak area of Hong Kong, was sold for an average HK$104,803 per square foot on November 8, breaking the record for the cost of a home in Asia on a per square footage basis. The buyer paid ... ( read original story ...)