Hong Kong’s main stock index closes Year of the Monkey up 21pc

Hong Kong’s Hang Seng Index ended the Year of the Monkey up 21.11 per cent after a quiet last day of trading before the Lunar New Year. Stocks opened lower, edging down in the first few minutes of trading on Friday, and ended the half day session down 0 ... ( read original story ...)

Hong Kong developer takes aim at Trump rhetoric

HONG KONG -- Hong Kong property tycoon Ronnie Chan Chi-chung came to China's defense on Thursday, saying U.S. President Donald Trump would eventually become realistic and "shut up," amid concerns over a looming Sino-U.S. trade war. "China is not the same ... ( read original story ...)

Hong Kong Dec drawndown mortgage loans rise 11.7 pct from Nov

Jan 26 New mortgage loans drawn down in Hong Kong totalled HK$29.6 billion ($3.82 billion) in December, up 11.7 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Thursday. The following is the breakdown of data from HKMA: Dec ... ( read original story ...)

Aviva to sell 60% of Hong Kong life business in digital venture

Aviva Hong Kong will retain 40%, with Tencent purchasing 40% and Hillhouse 20% for an undisclosed sum. The resulting joint venture, subject to regulatory approval, will focus on selling basic life insurance and investment products online in the territory ... ( read original story ...)

Hong Kong leadership favourite testifies in corruption trial

The trial comes at a time when residents are losing faith in Hong Kong's elites, as a string of corruption cases fuel public suspicions over cosy links between authorities and business leaders. Lam was made secretary for development in 2007 during Tsang's ... ( read original story ...)