Bank of China (Hong Kong), China Mobile International and China Mobile Hong Kong Signed a Comprehensive Strategic Cooperation Agreement Partnership aiming to provide optimal products and service experience for customers by leveraging the strengths of the ... ( read original story ...)
Carrie Lam aims to ‘reignite’ Hong Kong as she officially announces candidacy for top job
The former No 2 official considered Beijing’s preferred choice for Hong Kong next leader officially declared her bid for the city’s top job yesterday, promising good governance with greater transparency and “new blood” in her cabinet. Carrie Lam ... ( read original story ...)
Hong Kong startups,a big ambition or a pipe dream?
When Louis Chen, in his 20s, quit his headhunting job recently to start his own business he found the most viable path to success is to go out on his own and out of Hong Kong. Carmen Ho reports. His first step was to move to Shanghai with plans to open a ... ( read ...
Li Ka-shing's Cheung Kong Property reaffirms interest in core business
HONG KONG -- The move by Li Ka-shing, Hong Kong's richest man, to offer 7.4 billion Australian dollars ($5.5 billion) for Australian energy company Duet Group would allow his flagship property business to diversify away from its volatile home market. ( read original story ...)
Acting Financial Secretary says increased stamp duties are working to cool Hong Kong’s runaway property market
The government’s increased stamp duty on property transactions for non-first-time buyers (to 15 from the lowest rate of 1.5 per cent) introduced in November has cooled the Hong Kong property market. But acting Financial Secretary Chan Ka-keung said on ... ( read original story ...)
Hong Kong investment banks brace for shocks as competition intensifies
Competition is intensifying for investment banks in Hong Kong with global economic uncertainty shadowing one of the world’s largest initial public offering markets, an executive at a state-owned investment bank says. Although the city was ranked global ... ( read original story ...)
Hong Kong start-up optimists and others who say the culture is immature lock horns at StartmeupHK festival
Brett King wears many hats: he’s a best-selling author, radio host (his show and podcast Breaking Banks is the top-ranked fintech (financial technology) show, start-up founder (CEO of mobile-based banking app Moven) and a contributor to The Huffington ... ( read original story ...)
Singapore Overtakes Hong Kong as Asia’s Top Financial Hub
Singapore has overtaken Hong Kong as the top financial hub in Asia, according to Z/Yen Group’s Global Financial Centers Index (GFCI). Hong Kong slipped to fourth place overall, while Singapore now only trails London and New York globally. Although the ... ( read original story ...)
Acting Hong Kong finance chief deflects talk Beijing won’t elevate him to succeed John Tsang
Hong Kong’s acting financial minister described himself as a team player willing to do whatever necessary to coordinate the government’s work amid speculation Beijing could appoint the city’s development minister as financial chief as early as this ... ( read original story ...)
Hong Kong activists declare 'war' after appeal bid snub
HONG KONG - An appeal bid by two anti-China lawmakers against their disqualification from Hong Kong's parliament was rejected Monday, as the activists declared "war" on the authorities. Baggio Leung and Yau Wai-ching are part of a new movement calling for ... ( read original story ...)
Hong Kong leadership race heats up as China clears way for top officials to run
China on Monday approved the resignations of two of Hong Kong's top officials, including its financial ... the city's chief secretary, the official Xinhua news agency said. The former British colony returned to Chinese rule in 1997, and its next leader ... ( read original story ...)
Turkish cargo plane from Hong Kong crashes into Kyrgyzstan homes
A Turkish cargo plane flying from Hong Kong has crashed in Kyrgyzstan ... show fire and smoke rising from the rubble of destroyed buildings. One witness told AFP news agency: "The plane crashed into the houses. It killed entire families. ( read original story ...)
Turkish cargo plane from Hong Kong crash lands on Kyrgyzstan homes
A Turkish cargo plane from Hong Kong has crashed in Kyrgyzstan, killing at least 32 people, most of them on the ground, say officials. The Boeing 747 crashed into homes near Manas airport, about 25km (15 miles) north of the capital, Bishkek, the Kyrgyz ... ( read original story ...)
Hong Kong tycoon Li to buy Australian energy firm Duet
HONG KONG - A group led by Hong Kong billionaire tycoon Li Ka-shing's infrastructure business said Monday it is buying Australian energy company Duet in a multibillion dollar deal. Cheung Kong Infrastructure Holdings Ltd. and Li's property and power ... ( read original story ...)