HONG KONG -- A subsidiary of Hong Kong-listed developer Wheelock has decided to end funding for its pay TV operator in a bid to focus on property development, leaving the fate of its loss-making business up in the air. Wharf Holdings, a 58%-owned ... ( read original story ...)
Hong Kong’s equality watchdog presses for law to protect sexual minorities
Watch: HSBC’s rainbow lions cause a storm in Hong Kong The statement, jointly issued by the Equal Opportunities Commission (EOC) and Chinese University, urged the government to launch a public consultation as soon as possible as the city was losing its ... ( read original story ...)
Hong Kong faecal donor recruitment drive draws 10,000 applications to Asia Microbiota Bank
Hong Kong has received a “record” number of applications to donate faeces for the treatment of intestinal diseases, but a researcher says more scientific work is required to determine the most suitable donors. In a month, some 10,000 applications were ... ( read original story ...)
Hong Kong bank employee used and dumped by boss
“Would you like to take a look at our insurance or bond products?” Most Hongkongers have been asked this question when they visit the bank. The bizarre thing is, very often the question comes from the teller and not a sales manager. This is how ... ( read original story ...)
Top VCs explain why you should start your business in Hong Kong
It’s easy to launch a business in Hong Kong, but ridiculously high cost of living and lack of government support are the main challenges There is no doubt that Hong Kong is one of the best cities in Asia to start a business. With its close proximity to ... ( read original story ...)
Flamboyant Hong Kong tycoon stirs up succession talk
HONG KONG -- Fugitive Hong Kong property tycoon Joseph Lau Luen-hung is perhaps more a target for paparazzi than business journalists. Better known for his extravagant purchases of private jets and Hermes handbags for his girlfriends, his recent wealth ... ( read original story ...)
Hong Kong’s Shanghai Street: goldsmiths, craftsmen, kitchenware and prostitutes
Like Lee Wo Steelyard, Leung Kit-lam’s eponymous steelware store is also probably the last of its kind in Hong Kong. For decades, he has operated the business alone. Tucked away in an alley, with a barely visible storefront, Leung works seven days a week ... ( read original story ...)
How Oscar-winning composer Tan Dun is using culture to create a symphony for Hong Kong’s identity
Though the blending of cultures is a core part of Hong Kong’s identity, it takes a strong root to turn out new leaves, Oscar-winningcomposer Tan Dun has observed. Tan, the first Chinese composer to win an Academy Award in 2001 for the film music in ... ( read original story ...)
Hong Kong stocks track higher, led by rate-sensitive property sector
Hong Kong and mainland stocks ended higher on Tuesday as investors took heart from Beijing’s pledge to support innovation and economic restructuring at its annual plenary meeting. The Hang Seng Index rose ... that the central bank will raise interest ... ( read original story ...)
Hong Kong 'Snowden refugees' seek asylum in Canada
HONG KONG: Refugees who sheltered fugitive whistleblower Edward Snowden in Hong Kong are formally seeking asylum from the Canadian government as their lawyers said on Thursday (Mar 9) their lives are in danger. The impoverished refugees living hand to ... ( read original story ...)
Crowdfunding startup CoAssets expands to Hong Kong with an investment in Fintech
Through this partnership, CoAssets will also help grow Piggiebank, a part of Fintech and online platform for investment products CoAssets, a Singapore-based ASX-listed crowdfunding platform for real-estate and small and medium businesses, has agreed to ... ( read original story ...)
Hong Kong cataract patient gets eye removed days after surgery
A 92-year-old cataract patient in Hong Kong had his eye eviscerated on Tuesday just days after undergoing surgical procedure on it at Tseung Kwan O Hospital. The Hospital Authority said his eye specimen had tested positive for streptococcus pneumoniae ... ( read original story ...)
Investor survey finds mainland and Hong Kong investors upbeat on markets close to home
Mainlanders and Hongkongers both plan to invest more in global markets over the next 12 months, according to a survey by Hang Seng Bank. The survey conducted in January polled 3,000 investors from Shanghai, Shenzhen, Beijing, Guangzhou and Hong Kong who ... ( read original story ...)
Hong Kong inventor develops LED bulb that’s cheaper, brighter and longer-lasting
“I thought it would be clumsier,” said Nick Holonyak Jr, the engineer behind the first visible light emitting diode (LED), in a 2012 corporate video 50 years after he invented it for General Electric. “And you know what, this isn’t the end ... ( read original story ...)