Hong Kong’s richest man was seen visiting the China Liaison Office – Beijing’s organ in Hong Kong – on Wednesday, sparking speculation over whether the visit was related to next month’s chief executive election. In a video captured by digital ... ( read original story ...)
Hong Kong stocks close at 3-month high after Trump’s tax cut hint
China’s shares closed at their highest level in two months, while Hong Kong stocks reached their highest closing level in more than three months on Friday. The gains followed advances on Wall Street after a tax pledge from US President Donald Trump ... ( read original story ...)
Coffin homes a way of life for budget-conscious Hong Kong residents
For Hong Kong resident Simon Wong, it's been a way of life for two decades. The 61-year-old has spent the last 20 years living in the tiny space he calls home. According to Business Insider, Wong's monthly rent is $295 a month. “It's been two years since ... ( read original story ...)
Maybe this time round, our next chief executive might consider my ‘Ten Projects for the People’
He was lambasted for throwing hundreds of billions of dollars at iconic projects that seemed more to please Hong Kong’s business aristocracy than to meet the needs of a community still reeling from the 2008 crash. At the time, I argued that the then ... ( read original story ...)
Hong Kong residents squeeze into ‘coffin homes’ as housing crisis worsens
King, 18, who works as a bartender smokes his cigarette in a wooden box he uses as living space in Hong Kong © Romeo Ranoco / Reuters The high rents in Hong Kong are forcing some of its seven million people into so-called 'coffin homes,' or 20-square ... ( read original story ...)
Side Dishes: Calling all hungry social media darlings
Foodies have a chance to vie for a five-day trip to Hong Kong with exclusive tastings, celebrity chef meet-ups (like with three-Michelin star chef Alvin Leung), food tours, business class travel and five-star accommodation adding up to about $8,000. ( read original story ...)
Hong Kong police arrest man after 18 injured in subway fire
Hong Kong authorities have arrested a man for arson after a fire broke out in a subway car during rush hour Friday in a busy tourist district, injuring 18 people, two of them critically. Police said there was no evidence to indicate the fire was a terror ... ( read original story ...)
HSBC calls for revamp of tax regime
Compared to 15 years ago, there are more jurisdictions that have a lower tax rate than Hong Kong while Singapore’s effective tax rate is at a similar level with the SAR,” said HSBC Asia Pacific adviser George Leung Siu-kay. He said he expected the ... ( read original story ...)
Li & Fung out, Geely in as HSI reshuffles Hang Seng Index
Separately, Tsingtao Brewery – the first H share listed in Hong Kong in July 1993 – will be removed from the H-share index, officially called the Hang Seng China Enterprises Index. Its constituent position will be replaced by Postal Savings Bank of ... ( read original story ...)
Balancing the digital, human experience
Despite hard times in the fashion business, Grana - a two-year-old online fashion brand based in Hong Kong - beat the odds by outperforming ... according to a joint report by consulting firm McKinsey and industry news website Business of Fashion. ( read original story ...)
China H Shares Rally to 14-Month High as Autos, Financials Climb
Chinese stocks in Hong Kong climbed to a 14-month high as investors honed in on some of the world’s cheapest equities. Automakers and financial shares led gains. The Hang Seng China Enterprises Index rose 1.2 percent, breaking through the psychological ... ( read original story ...)
Hong Kong ivory trade faces bleak future as bans loom
The decline of the city's once-flourishing ivory business is set to speed up after the Hong Kong and mainland Chinese governments announced in December plans to restrict local ivory trading. Wildlife activists hailed the news, saying domestic markets must ... ( read original story ...)
Hong Kong ivory trade faces uncertain future as bans loom
The decline of the city's once-flourishing ivory business is set to speed up after the Hong Kong and mainland Chinese governments announced in December plans to restrict local ivory trading. Wildlife activists hailed the news, saying domestic markets must ... ( read original story ...)
Restarting political reform process not priority for Hong Kong chief executive hopeful Carrie Lam
Chief executive contender Carrie Lam Cheng Yuet-ngor has dropped a strong hint that relaunching political reform to achieve a popular ballot for Hong Kong’s leader will not be her priority in the next five years. Speaking at a media briefing after ... ( read original story ...)