A young man who was reported missing while scouting for a site to play war games with friends on a Hong Kong hillside over the weekend was lured there, murdered and pushed down a slope, police said on Monday. Officers arrested three men, aged between 21 ... ( read original story ...)
China Tower Invites Banks to Pitch for Role in Up to $10 Billion Hong Kong IPO
China Tower Corp, which owns and manages the mobile phone towers for China's three state-owned telecom operators, has invited investment banks to pitch for a role in a Hong Kong IPO. (Image: Reuters) China Tower Corp, which owns and manages the mobile ... ( read original story ...)
Hong Kong Horse Racing News: Moore, Werther, Bowman
John Moore-trained Werther (No. 1), ridden by Hugh Bowman, defeated Blazing Speed (No. 2) and Eagle Way (No. 4) to win the Standard Chartered Champions & Chater Cup (G1 2400m) at Sha Tin Racecourse today. Werther delivered a timely reminder of his ... ( read original story ...)
China Tower invites banks to pitch for role in up to $10 billion HK IPO
has invited investment banks to pitch for a role in a Hong Kong IPO worth up to $10 billion, IFR reported on Monday. The IPO would take place in late 2017 or early 2018, said IFR, a Thomson Reuters publication, citing people close to the deal. China Unicom ... ( read original story ...)
Hong Kong needs around-the-clock gold trading
For the Hong Kong Exchanges and Clearing (HKEX) to be successful in its plans for gold trading, longer trading hours are needed as mainland and international customers are likely to need 24-hour servicing, according to leading traders in the yellow metal. ( read original story ...)
Money launderers leave a stench in Hong Kong’s enforcement charade
Hong Kong and Macau have launched simultaneous shake-ups of the systems they have in place to tackle the growing menace of money laundering. --SCMP, May 27 A news story is the opposite of a Swedish novel. With Stieg Larsson, you get 300 pages of character ... ( read original story ...)
Hong Kong stocks rise, Evergrande hits record high as China on holidays
HONG KONG May 29 Hong Kong stocks edged up on Monday ... stake in the supermarket chain operator to a unit of Alibaba Group Holding Ltd. Hong Kong financial markets will be closed for a holiday on Tuesday. Mainland markets will be closed again, and ... ( read original story ...)
Hong Kong Monetary Authority mulls using facial recognition and fingerprint technology in ATMs
The Hong Kong Monetary Authority confirmed on Monday that it would look into using facial recognition or fingerprint technology in the city’s cash machines to beef up financial security, as doubts remain whether such biotechnologies are mature and safe ... ( read original story ...)
Beijing’s man during handover urges Hong Kong to ‘seriously consider’ enacting national security to ensure harmony
Zhou Nan, former director of the official Xinhua news agency’s Hong Kong branch – Beijing’s de facto embassy before 1997 – made the suggestions in an article to be published in the latest issue of the pro-establishment Bauhinia magazine on Thursday. ( read original story ...)
Some young Hong Kong residents want to be part of Britain again
Residents in Hong Kong have started calling for the return of their former colonial rulers. Britain left the Far East 20 years ago on July 1, but citizens in the administrative region are now calling for their return. Serial sex offender locked up for 15 ... ( read original story ...)
Hang Seng Bank : to lift mortgage rates
The increase will come into effect on 5 June. The bank said it will continue to closely monitor the market situation and employ ( read original story ...)
Hong Kong monetary chief says authorities looking into using facial recognition and fingerprint technology in ATMs
The Post reported on Monday that banks in Hong Kong would almost certainly have to replace all of the city’s 3,250 cash machines with new ones equipped with facial recognition technology as part of the battle against money laundering, financial crime and ... ( read original story ...)
Hong Kong set for heat and rain over Dragon Boat festival
The steamy weather could be bad news for paddlers competing in the centuries-old races ... will edge closer to the coast of Guangdong in the next couple of days,” the Hong Kong Observatory said in a statement. “A trough of low pressure is expected ... ( read original story ...)
China’s import regime dominates debate at BIR Hong Kong
There were even rumours that Chinese imports of film scrap could be halted as early as September this year, he told delegates to the BIR plastics committee meeting in Hong Kong. During any hiatus in shipments to China, no other county in the region would ... ( read original story ...)