Bank of China (Hong Kong) will convert its current historical old Bank of China building in Central into regional headquarters for its private banking unit as it expand services to capture the business of the growing number of mainland millionaires. ( read original story ...)
7 Hong Kong police guilty in democracy activist's 2014 beating
HONG KONG -- Seven Hong Kong police officers were convicted Tuesday ... During the scuffle on Oct. 15, 2014, TV news cameras caught officers kicking and punching a handcuffed Tsang in a dark corner of a nearby park. Tsang himself was convicted last year ... ( read original story ...)
Fitch Assigns Final 'A' to BOC Hong Kong Branch's USD Notes
(The following statement was released by the rating agency) TAIPEI/HONG KONG, February 13 (Fitch) Fitch Ratings has assigned Bank of China Ltd. (BOC) Hong Kong Branch's senior unsecured notes issued under its medium-term note (MTN) programme a final rating ... ( read original story ...)
Hong Kong parents face traps by making gifts in return for care by children in old age
As we get older, the question of who will look after us is likely to loom larger in our minds. There is no shortage of cases in which elderly people have promised substantial inheritances to relatives who agree to look after them. Whether these promises ... ( read original story ...)
Hong Kong couples not scrimping on love, says survey on Valentine’s Day spending
The mainland pips Hong Kong by just over HK$200 in the latest Mastercard Consumer Purchasing Priorities Survey, with Taiwan spending HK$2,103 and Singapore HK$1,506. The regional average stands at HK$1,032. Some 65 per cent of the 412 Hongkongers surveyed ... ( read original story ...)
Mystery deepens over apparent abduction of Chinese billionaire in Hong Kong
The following day, she requested that police withdraw the request, then fled to Japan, according to the Hong Kong news website Initium Media. On Jan. 31, a statement under Xiao’s name appeared on the front page of Ming Pao, a local newspaper, claiming ... ( read original story ...)
'Firebomb' attack on Hong Kong metro leaves 19 injured, three critically
Commuters receiving first aid treatment from firefighters in Tsim Sha Tsui metro station in Hong Kong EPA/APPLE DAILY / HANDOUT Three people remain in critical condition after an alleged firebomb attack on the Hong Kong metro, which hurt at least 16 other ... ( read original story ...)
NEC updates postal automation system for Hongkong Post
Postal automation system inside the Central Mail Centre Tokyo: NEC Corporation today said that it has introduced a function for reading and sorting addresses written in traditional Chinese characters to the postal automation systems operated by Hongkong ... ( read original story ...)
Mystery of vanished Hong Kong tycoon deepens
HONG KONG — In a newspaper ad, the Hong Kong billionaire said he was just fine, merely resting overseas. The local news media insists he is helping with an important investigation in China. The police say he left the territory through a normal border ... ( read original story ...)
Athletics: Woman dies after Hong Kong marathon collapse
HONG KONG: A 52-year-old woman runner who took part in the Hong Kong marathon died Monday (Feb 13), a day after collapsing on the finish line of the 10-kilometre race. The amateur athlete had been in a critical condition after the event Sunday, which saw ... ( read original story ...)
Hong Kong shares at 4-month high, aided by strong commodities
Hong Kong shares closed at a four-month high on Monday ... Shares of Geely Automobile Holdings Ltd jumped 6.9 percent to an all-time high on news it would join the Hang Seng Index as a constituent on March 6. (This article has not been edited by DNA's ... ( read original story ...)
Exclusive: IS Prime Expands Operations into Hong Kong
IS Prime is expanding into Hong Kong through the opening of an IS Prime Hong Kong Ltd office, Finance Magnates confirmed with a company spokesperson. The new office, based in the Sheung Wan commercial district, will be fully operational by the end of February. ( read original story ...)
Hong Kong, Shanghai stocks extend rally led by financials, car makers
Hong Kong and Shanghai stocks scored their highest finishes in months on Monday after the three major US indices marched further into record territory last week on US President Donald Trump’s promise of a “phenomenal” tax plan. Hong Kong’s Hang ... ( read original story ...)
Nobody's Scared of Hong Kong's Mortgage War
Nisha Gopalan is a Bloomberg Gadfly columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. Andy Mukherjee is a Bloomberg Gadfly columnist covering industrial companies and ... ( read original story ...)