The Hang Seng Index reclaimed the psychologically important 24,000 ... “The Hong Kong dollar has been weak lately. Although the Hibor [Hong Kong Inter-bank Offered Rate] hasn’t spiked yet, foreign funds are leaving Hong Kong, which is not a good ... ( read original story ...)
Hong Kong to tighten cyber security rules after broker hacks
HONG KONG: Hong Kong plans to toughen information security rules after a series of embarrassing hacks at the city's brokers, the securities regulator said on April 20. The draft rules would likely include requirements for two-step authentication for ... ( read original story ...)
From India To Hong Kong: HKU MBA Flies Flag For Women In Business
Kritika Kumar worked at credit rating agency Moody’s in her native India prior to her MBA. After four years, she found herself stuck in her job, with little chance of a promotion. So, in 2015, she joined the University of Hong Kong’s 14-month MBA ... ( read original story ...)
Changes on menu for Hong Kong food trucks feeling business bite
A more flexible approach will be taken to food trucks in Hong Kong with some restrictions eased on the first batch of operators who have experienced mixed fortunes over the past two months. The latest measures will include two more locations for trucks ... ( read original story ...)
Hong Kong lawmaker proposes regulatory system for taxi trade in bid to sink plan for franchised services
Yick said the government’s proposal to put an additional 600 franchised taxis from three operators on Hong Kong roads would create unfair competition and put cabbies’ livelihood at risk. Representatives from the taxi industry and the pro-establishment ... ( read original story ...)
CY Leung leads Hong Kong delegation on Greater Bay Area tour as part of integration drive
Chief Executive Leung Chun-ying led a high-powered delegation to Guangdong on Wednesday with one thing on his mind: fitting Hong Kong into Beijing’s “Greater Bay Area” integration scheme for the Pearl River Delta. As he began the three-day visit he ... ( read original story ...)
Hong Kong watchdog to tighten cybersecurity at brokers after hackers steal HK$110m over 18 months
The Securities and Futures Commission will tighten cybersecurity requirements for Hong Kong stockbrokers after 20 hacking attacks over the past 18 months led to investor losses totalling HK$110 million (US$14.2 million), the regulator said on Wednesday. ( read original story ...)
Exclusive: China gathers state-led consortium for Aramco IPO – sources
HONG KONG/RIYADH/DUBAI (Reuters ... Saudi officials have said Chinese companies were interested in investing in the Aramco IPO as the country - the second biggest consumer of oil globally - seeks to secure crude supplies, but have not commented on ... ( read original story ...)
HSBC refuses to open bank account for Chinese dissident Ai Weiwei
HONG KONG Chinese dissident artist Ai Weiwei said on Wednesday global banking giant HSBC Holdings Plc refused to open a personal bank account for him in Hong Kong for what he assumed were political reasons, a conjecture the bank dismissed. The burly ... ( read original story ...)
Ai Weiwei criticises Hong Kong freedoms after he is refused for a HSBC bank account
Ai Weiwei, the Chinese dissident artist, has launched an attack on eroding freedoms in Hong Kong after he was refused a bank account at HSBC in the former British colony. The burly artist, who is a constant thorn in the side of Beijing’s Communist Party ... ( read original story ...)
BOC Hong Kong : Notice of Extraordinary General Meeting
According to the requirement of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ''Listing Rules''), the above resolution will be voted on by poll and the Controlling Shareholder of the Company and its ... ( read original story ...)
Ai Weiwei questions HK autonomy after being denied bank account by HSBC
DISSIDENT Chinese artist Ai Weiwei poked fun at Hong Kong’s autonomy from mainland China after he was denied his request to open a bank account with HSBC while at the bank’s headquarters in Hong Kong on Tuesday. Poking fun at the “One country, two ... ( read original story ...)
Hong Kong mother and police appeal for information about missing 10-year-old boy
The boy, surnamed Ho, escaped from Hong Kong Student Aid Society’s Island Hostel at Shek Pik, where he had lived for the past six months. His mother alerted Lantau police that day and said her son might have headed towards the Kwai Fong area, Langham ... ( read original story ...)
Hong Kong comes back strong to level Finals at 1-1
OUR TURN. Marcus Elliott's scorching second quarter helped Hong Kong withstand his third quarter ejection. Game 2 wasn’t going to be like Game 1 of the 2016-2017 Asean Basketball League Finals. Josh Boone, Marcus Elliott, and, in the endgame, the Hong ... ( read original story ...)