Hong Kong car park may sell for $2.2 billion

Hong Kong’s government has announced the first sale of commercial land in the city’s central business district in more than 20 years. The site, currently used as a multi-story car park in Murray Road, Central, is about 31,000 square feet. The plot is ... ( read original story ...)

Hong Kong reports 2nd human case of bird flu this season

HONG KONG -- Hong Kong on Friday confirmed its second human case of bird flu this season, days after an elderly man died of the virus. A 70-year-old man, who had travelled to the Chinese cities of Shenzhen and Zhongshan earlier in December, tested positive ... ( read original story ...)

Hong Kong stocks end a volatile 2016 roughly flat

SHANGHAI: Hong Kong shares rose around 1 percent on Friday, but the main indexes ended 2016 near where they started after a volatile 12 months, punctuated by Britain's vote to leave the European Union and Donald Trump's triumph in the U.S. presidential ... ( read original story ...)

Rural Chinese lender seeks Hong Kong IPO to recapitalize

HONG KONG - In an environment of increasingly tight liquidity, a regional rural commercial bank in mainland China announced Friday that it planned to tap the Hong Kong market for an initial public offering. Jilin Jiutai Rural Commercial Bank, based in the ... ( read original story ...)

Hong Kong's drawndown mortgage loans rise 14.6 pct in Nov

Dec 30 New mortgage loans drawn down in Hong Kong totalled HK$26.5 billion ($3.42 billion) in November, up 14.6 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from the authority ... ( read original story ...)