HONG KONG Hong Kong leader Leung Chun-ying said on Friday he will not stand for re-election in a 2017 vote for chief executive for family reasons, in a surprise announcement that throws open the race to run the financial hub. Leung has been backed by the ... ( read original story ...)
Sun Life Financial Inc (NYSE:SLF) Downgrade
Tracing its roots back to 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda.” ( read original story ...)
Hong Kong police arrest murder suspect after hunt for a ‘man with a brown poodle’
Hong Kong police have made an arrest after a hunt for a man with a brown poodle in connection with the murder of a 49-year-old man who was knifed to death in Wong Tai Sin on Thursday. The 53-year-old suspect was arrested on Friday evening and is in custody ... ( read original story ...)
Hong Kong and mainland markets end lower amid thin turnover, stall in Wall Street rally
Hong Kong and mainland Chinese stocks fell on Friday, tracking US stock indexes lower amid thin turnover on the final trading day before Christmas. The Hang Seng Index ended down 0.28 per cent or 61.44 points at 21,574.76. The Hang Seng China Enterprises ... ( read original story ...)
China stocks slip on expected regulatory tightening; US data shakes Hong Kong
Hong Kong equities dipped to five-month low on the last trading ... as well as brokerages’ alternative investment business, the latest efforts to contain financial risks. Meanwhile, market sentiment was hurt by a tumble in coal prices, which knocked ... ( read original story ...)
From IBM To JP Morgan: Where Is The Talent Moving In Hong Kong's Job Market?
and the institution that provides the most liquidity to Hong Kong’s talent pool, it is HSBC that leads the way. Not only do they employ over 30,000 people themselves, but they are the most active contributor in terms of talent movement amongst some of ... ( read original story ...)
Hong Kong police searching for suspect seen with brown poodle in murder case
A man with a brown poodle is wanted by police over the murder of a 49-year-old man, who died after a knife attack on Thursday evening in Wong Tai Sin. Police said the victim was on his way home at about 7pm on Thursday when he ran into the man, who is in ... ( read ...
Hong Kong man accused of killing girlfriend pictured one hour before he was pulled from Tsing Yi waters
A subsequent search on social media found Lam to be her boyfriend. Acting principal magistrate Cheang Kei-hong adjourned the case to February 17 for police to conduct further investigations. ( read original story ...)
One Yuan Now Buys Just One Hong Kong Dollar — in 7-Eleven
Yuan is a way off parity on foreign exchange markets In a sign of how far confidence in China’s currency has fallen, 7-Eleven stores in Hong Kong are valuing the Chinese currency at par with the city’s dollar. Just three years ago, one yuan fetched 1 ... ( read original story ...)
China's Xi says supports efforts to curb Hong Kong independence
Meeting in Beijing's Zhongnanhai leadership compound, Xi told Hong Kong Chief Executive Leung Chun-ying that the central government fully affirms Leung's work, state news agency Xinhua said. "The central government staunchly supports the government of the ... ( read original story ...)
Hong Kong stocks end morning lower after Dow fails again to touch 20,000
Chinese insurance giant Ping An Insurance dropped 1.17 per cent to HK$38.15. Hong Kong-based Hang Seng Bank declined 1.17 per cent to HK$143.70. Li & Fung, the world’s top supplier of clothes and toys to retailers, declined 3 per cent to HK$3.52. ( read original story ...)
HSBC’s rainbow lions: Can we have our homophobia back please?
became chief executive of HSBC UK. Why has the Hong Kong branch of the bank entered, so late, the controversial area of trumpeting gay rights? Could it be to distract us from its recent role as one of the biggest sinners in the banking business? ( read original story ...)
A Goldman you've never heard of is selling its shares in Hong Kong
Hong Kong's central business district: The other Goldman, incorporated only last month, is based away from the glimmering skyscrapers in a gritty suburb on the other side of the harbour. Photo: Bloomberg The Chinese name of Goldman Sachs, which combines ... ( read original story ...)
Mainland buyers heat up HK insurance market
Chinese mainlanders spent HK$48.9 billion on insurance policies issued in Hong Kong in the first three quarters of this year, accounting for 37 percent of all premiums in that period, according to a report by the 21st Century Business Herald. ( read original story ...)