Hong Kong privatized its subway system in 2000. In a recent study on infrastructure, McKinsey reported: Hong Kong’s MTR Corporation has defied the odds and delivered significant financial and social benefits: excellent transit, new and vibrant ... ( read original story ...)
Morning update: Trump wants a wall, Canada embraces immigration
Tokyo’s Nikkei gained 1.8 per cent Thursday, Hong Kong’s Hang Seng 1.4 per cent ... Prime Minister Justin Trudeau and his economic advisers, led by McKinsey & Co. China guru Dominic Barton, seem not to have a problem with this. They only see the ... ( read original story ...)
Year of Rooster bright for Hong Kong if city unites, Lunar New Year temple ritual reveals
In performing the ritual at the Sha Tin temple, Lau drew a stick for Hong Kong bearing the number 61, with the message corresponding to the stick being “all things are going to be auspicious”. It was the second time Lau had attended the ritual since ... ( read original story ...)
Mainland firms expand property footprint in Hong Kong, set to fuel price rises
Hong Kong will auction a site valued at as much as $2.2 billion in the first quarter, the first sale of commercial land in the Central business district in more than 20 years, and it is widely expected to be snapped up by a mainland Chinese developer ... ( read original story ...)
Hong Kong’s Lunar New Year lai see tradition is big business with 400 million more banknotes in circulation
While the digital era has seen many people go online to manage their financial transactions, whenever Lunar New Year approaches more Hong Kong people visit bank branches for one simple reason – to exchange new banknotes for lai see packets – to the ... ( read original story ...)
Hong Kong top job candidates wish city ‘unity’ and ‘prosperity’ Lunar New Year
In a Lunar New Year break from campaigning, Hong Kong’s four chief executive contenders agreed to spread peace and harmony to welcome the Year of the Rooster. Fai chun, sometimes called lucky paper, are traditional calligraphy scrolls written and posted ... ( read original story ...)
Hong Kong feng shui master who predicted Trump’s victory, warns of ‘nightmare’ for new president, starting in September
Hong Kong is expected to meet a similar fate, with good fortune in the first half of the year before the economy takes a turn for the worse, she said. Priscilla Lam, who counts actor Jackie Chan among her former clients, said President Trump would face ... ( read original story ...)
A new system for AR enthusiasts
Open platform: Associate Professor Dr Ben Hui (second right) from the Hong Kong University of Science & Technology’s Department of Computer Science & Engineering says the use of AR is certain to become a global trend. Innovative future: PhD student ... ( read original story ...)
Leadon Investment, a private investor with ties to Hong Kong, buys hotels from B.C.'s public pension fund
The federal government’s Investment Canada notes on its website that it has reviewed the purchase of a string of hotels and management operations owned by SilverBirch Hotels & Resorts to Leadon Investment Inc., which it lists as being based in Hong Kong. ( read original story ...)
Surplus higher than expected: FS
Speaking to reporters today, Mr Chan said the Government Budget should focus on Hong Kong's long-term development, adding that he is considering views on whether short-term relief measures should be included in it. He said the global economy is facing ... ( read original story ...)
McDonald's Hong Kong rolls out Oreo-only menu
Oreo lovers: You may want to book a flight to Asia soon as McDonald's Hong Kong now has a menu crafted just for you. The Golden Arches chain has rolled out a menu devoted entirely to the chocolate-creme sandwich cookie that includes shakes, cakes ... ( read original story ...)
PolyU Announces the 2nd Hong Kong Business Sustainability Index Overall Average Score Up 9.5% and Top 20 Companies Up 20.2%
The overall average score of the 50constituent companies of the Hang Seng Index (HSI) in the 2nd HKBSI was 45.73 (out of 100 points), an increase of 9.53% compared to that of the 1st HKBSI launched in December 2015. The average score of the top 20 Index ... ( read original story ...)
Chinese financial firms grab bigger share of Hong Kong IPO deals
Foreign investment banks are facing more difficulties in winning initial public offering deals in Hong Kong amid the rise of smaller mainland Chinese and local rivals as well as the scarcity of big IPOs in the city. In 2016, Morgan Stanley saw its number ... ( read original story ...)
Hong Kong investor snaps up Paddington office block for almost £300m
CC Land Holdings, a Hong Kong investment vehicle owned by property magnate Cheung Chung-Kiu, has agreed to buy the One Kingdom Street office block from a joint venture between US financial services institution TIAA and two of Sweden’s national pension ... ( read original story ...)