Financial stocks led Hong Kong’s main share index to a lower ... dropped 1.53 per cent to HK$38.60 while China Construction Bank finished down 1.27 per cent at HK$5.45. “We expect the Hang Seng index to remain weak before the holiday season. ( read original story ...)
Hong Kong stocks slip on weaker risk appetite, China pulled lower by banks
China stocks also fell, with strength in utility stocks offset by weak bank and property shares. The Hang Seng index dropped 0.9 per cent, to 21,625.25 points, while the Hong Kong China Enterprises Index lost 1.3 per cent, to 9,208.96 points. The CSI300 ... ( read original story ...)
Hang Seng Index Erosion Continues, Trade Concerns In Focus
Although US bond yields edged slightly lower on the day, there were still important concerns surrounding the impact of higher yields on the Hong Kong economy with further vulnerability in the property sector. The Hang Seng index opened slightly higher ... ( read original story ...)
BOC Hong Kong signs pact to sell stake in Chiyu Bank for $992 mln
SINGAPORE Dec 22 BOC Hong Kong Holdings Ltd , a unit of Bank of China Ltd, has agreed to sell a majority stake in Chiyu Bank for HK$7.7 billion ($992 million), as part of its plan to invest in new markets mainly in Southeast Asia. BOC Hong Kong plans to ... ( read original story ...
Hong Kong plan to ban ivory trade by 2021 receives Executive Council go-ahead
“The measures will send a very strong signal to the international community on Hong Kong’s determination to curb illicit trade in ivory,” environment minister Wong Kam-sing said on Thursday. All possession licences to trade legal ivory stocks ... ( read original story ...)
In Beijing and Hong Kong, SPS Grows Global Partnerships
To that end, SPS traveled to Beijing and Hong Kong to connect with top government, business, and university officials, as well as continue to build our alumni network abroad. Over the course of the 10-day trip, we were privileged to meet with university ... ( read original story ...)
Hong Kong, China shares rebound as US stocks test 20,000 threshold
Hong Kong and mainland Chinese stocks rebounded to end several days of falls, thanks to the strong rally in the United States and a stabilisation of the mainland’s bond market. The Hang Seng Index closed 0.37 per cent higher at 21,809.8, ending a four ... ( read original story ...)
Hong Kong lions Stephen and Stitt, Japanese looters and the legal battle to protect cultural property
Recent controversy regarding the decoration of the bronze lions outside the HSBC building brings to mind the near loss of these icons of Hong Kong during the Japanese occupation. It is 75 years since the fall of Hong Kong. Apart from the terrible human ... ( read original story ...)
Company history
HSBC was born from one simple idea – a local bank serving international needs. In March 1865, HSBC opened its doors for business in Hong Kong, and today we serve around 46 million customers in 71 countries and territories. The experiences of the past 150 ... ( read original story ...)
Hong Kong retail banks’ profits up 4.5 per cent in first three quarters
Hong Kong’s retail banks saw a modest rise in profits in the first three quarters of the year thanks to improved income from foreign exchange activities. According to figures from the Hong Kong Monetary Authority, retail banks in the city saw their pre ... ( read original story ...)
Hong Kong's Tiger Parents Skip the Clarinet Lessons
Dec.20 -- Robotics and coding lessons are replacing traditional after-school activities in Hong Kong, as parents try to give their children a head start for the future. Chinese hardware startups are helping to power the boom. ( read original story ...)
Finance Sec. John Tsang will be better at fulfilling Chief Exec. responsibilities, says Anson Chan
Former chief secretary Anson Chan has said Hong Kong’s next leader should be able to unite civil servants, and she believes Finance Secretary John Tsang will be better at this job. At a media meeting on Tuesday, Chan said candidates for the city’s ... ( read original story ...)
He's having a pig of a day! Wild boar storms the tarmac of Hong Kong airport before being caught by four SWAT officers
Two wild boars invaded the Hong Kong's International Airport causing chaos on December 20. Four tactical police officers used their riot shields to capture the first intruding animal, weighing nearly eight stone (110 pounds), in early afternoon. ( read original story ...)
Burglary steals the spotlight for Hong Kong crimes … what now for police?
When Stephen Lo Wai-chung took over as Hong Kong police commissioner in May 2015, his stated crime-fighting aims were very much of the times in which we live. The police chief’s pledge to tackle internet-based scams, the threat of terrorism and the ... ( read original story ...)