Earlier in the year (April 2016) has been a rough one for the Hong Kong business scene. The global crackdown on banks for allowing people to hide their money from their own government has been popping up in the Panama Papers, as well as stories of conmen ... ( read original story ...)
Hong Kong financial secretary resigns, expected to seek top job
HONG KONG Hong Kong's Financial Secretary John Tsang resigned on Monday, the city's government said, and is widely expected to announce his intention to run for the city's top job in March. There has been months of speculation that 65-year-old Tsang, who ... ( read original story ...)
Hong Kong finance chief quits, leadership bid expected
HONG KONG – Hong Kong's financial chief has resigned amid mounting speculation that he will make a bid for the southern Chinese city's top job. The government said Monday that Financial Secretary John Tsang tendered his resignation. The news comes after ... ( read original story ...)
Hong Kong Financial Secretary resigns to run for Chief Executive job, Cable News reports
HONG KONG, December 12 (Reuters) - Hong Kong's Financial Secretary John Tsang has resigned his post pending an announcement he will run for the city's top job next March, Cable TV news reported on Monday. The resignation ends months of speculation on ... ( read original story ...)
Hong Kong finance chief John Tsang says he ‘doesn’t fear challenges ahead’, hinting at aim to be next leader
Hong Kong Financial Secretary John Tsang Chun-wah, a potential contender for the city’s top job, has said he “will not fear challenges lying ahead” as long as Hongkongers support him, dropping yet another hint of his aspiration even though he may ... ( read original story ...)
Globe editorial: How Hong Kong can push China for more democracy
For example, many of the seats in the Hong Kong legislature are elected not by voters under rep-by-pop, but by “functional constituencies.” Their voters are small numbers of business people and lobby groups. These rotten boroughs ensure that the ... ( read original story ...)
Hong Kong holds election for panel to pick next leader
Voting is under way in Hong Kong in elections for the territory's Election Committee, the panel that chooses the next leader. Only 6% of Hong Kong's voters can take part and those who are allowed to cast ballots are seen as mostly pro-China. The vote is ... ( read original story ...)
Is this proof Hong Kong’s 'Umbrella Protests' failed?
Hong Kong politics has been stormier than usual lately. There's been swearing and scuffling in parliament, court battles, and tens of thousands of protesters in the streets. And, to cap it all off, the Beijing government has intervened directly with a ... ( read original story ...)
What happened to Canada’s support of democratic rights in Hong Kong?
and Canadian-born expats lured by Hong Kong’s low-tax, business-friendly environment. Passage of the bill will encourage much chest-thumping about Canada’s support for democracy, but it is hard not to see in this something slightly different. ( read original story ...)
Hong Kong protesters pop champagne after leader says he'll step down
Hong Kong (CNN)A cheer went up from the crowd as the bottles of ... and there was a mood of jubilation Saturday as demonstrators gathered in the city's business district for an anti-government rally. 'CY did not beat us' Longtime anti-government lawmaker ... ( read original story ...)
Hong Kong tax rates for your offshore corporation
For planting business flags, it’s one of the most stable and attractive jurisdictions in the world. Unlike the island “tax havens” that you might consider for economic citizenship, Hong Kong is a solid financial center with real business activity ... ( read original story ...)
Hong Kong sets to capitalise on Belt and Road initiative
The Belt and Road initiative has the potential to boost Hong Kong's status as a major financial, economic, trade, business and transportation centre in the world. Here are four reports from ANN media. (From left)K.Y. Edward CHEN, President, Qianhai ... ( read original story ...)
SFC, HKEX crack down on rights issues seen as unfair to minority shareholders
Hong Kong’s securities regulators have tightened their scrutiny of rights issues by listed companies, rejecting two recent applications they deemed unfair to minority shareholders. Brokers welcomed the move as they believe it will enhance protection for ... ( read original story ...)
Checking In: East Hotel, Hong Kong
Located on the eastern side of Hong Kong Island in one of the city's busy business districts that plays home the likes of LVMH and Facebook's Hong Kong HQ, East is a business-minded hotel that's sharp in every way. Opened by Swire Hotels in 2010 ... ( read original story ...)