Famous for its shoe box apartments and microflats, Hong Kong's property market isn't known for being cheap, taking the crown on multiple occasions for being the most expensive globally. For those living in or considering a move to the city, an interactive ... ( read original story ...)
Hong Kong bourse joins regulators to fight to host world’s biggest IPO
Hong Kong Exchanges and Clearing said it is working with local and mainland authorities to fight to get Saudi Arabia’s national oil giant, Aramco, to list in Hong Kong in what would be the biggest initial public offering in history. “For a giant ... ( read original story ...)
A startup that connects people to experts from all over the world just raised $4m
Hong Kong-based Lynk, an online service that connects enterprise ... They include C-level executives, scientists, engineers, independent consultants, and specialist advisors. The startup’s services are available through subscription or other payment ... ( read original story ...)
Hong Kong stocks join global rally to open higher
Hong Kong stocks opened higher on Wednesday, joining a global equity rally on Tuesday night, driven by the optimism over centrist Emmanuel Macron winning the first round of the French presidential election. The Hang Seng Index opened up 0.4 per cent ... ( read original story ...)
Hong Kong police arrest 2 young legislators who previously stage protest
Hong Kong police on Wednesday arrested two pro-independence lawmakers who were disqualified in a dispute over their oaths, in the latest round of legal action against activists involved in the Chinese territory's pro-democracy movement. Sixtus Leung and ... ( read original story ...)
Hong Kong disqualified activists charged with illegal assembly
Two Hong Kong pro-independence activists who were disqualified from sitting as MPs have been arrested and charged with illegal assembly. Sixtus "Baggio" Leung and Yau Wai-ching were elected last year but barred from taking their seats after they refused to ... ( read original story ...)
Guangzhou Evergrande face investigation after fans unfurled 'Annihilate British Dogs' banner during Asian Champions League match in Hong Kong
Hong Kong officials have been sensitive to any prospect of trouble ... from two men while other supporters were escorted from the stadium, according to Kyodo News. A Suwon Bluewings official told Reuters on Wednesday: 'As soon as the game began, one ... ( read original story ...)
Hong Kong police arrest two disqualified lawmakers: party
The detentions are likely to reinforce concern among democracy activists about interference by Beijing in Hong Kong's affairs, despite a system meant to guarantee the financial hub's autonomy. In March, nine leaders of the 2014 democracy protests were ... ( read original story ...)
Even Hong Kong property owners want to see housing prices drop
Almost half of property owners in Hong Kong hope housing prices will go down, according to a survey by the Democratic Party. In telephone interviews with 651 Hong Kong residents between March 15 and 30, it found 46 per cent of 254 respondents who owned at ... ( read original story ...)
Hong Kong Has a Plan to Wean Itself Off Coal
Hong Kong will cut the size of returns its power utilities are allowed to make to 8 percent under a 15-year plan it hopes will help wean the city off coal while keeping electricity bills down. CLP Holdings Ltd. and HK Electric Investment Ltd. signed a new ... ( read original story ...)
IPO delay lifts spotlight off China's shadow banks
Graphic: On the rise: reut.rs/2oZAEpU In October, the state-controlled company filed for a Hong Kong listing, targeting $300 million. The IPO looked set for a smooth ride after China’s securities watchdog gave the deal its blessing in February. ( read original story ...)
Bank stocks lead Hong Kong, China rally as Macron looks set for French presidency
The Hang Seng Index rose 1.3 per cent or 316.5 points ... Bank of Communications added 2.9 per cent to HK$6.1 while Agricultural Bank of China jumped 2.3 per cent to HK$3.6. Hong Kong local property developers were also among the big winners. ( read original story ...)
HSBC wins mandate on $100 billion Saudi Aramco IPO: CEO
HONG KONG HSBC Holdings Plc (HSBA.L) has been formally mandated as an adviser on the initial public offering of Saudi Arabia's national oil giant Aramco IPO-ARMO.SE, expected to be the world's largest ever IPO, HSBC's chief executive said on Monday. ( read original story ...)
Hong Kong Heritage Museum features works from the Louvre to mark 20th anniversary of city’s return to Chinese rule
A man at Hong Kong’s Heritage Museum walks down steps featuring a replica of the masterpiece The Three Fates and The Triumph of Truth by Peter Paul Rubens. This is no ordinary presentation of art. An exhibition at the museum, titled “Inventing le ... ( read original story ...)