June 30 New mortgage loans drawn down in Hong Kong totalled HK$28.3 billion ($3.63 billion) in May, up 33.5 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from the authority: 2017 ... ( read original story ...)
Asia share sales on growth path, Hong Kong to reclaim top spot in IPO rankings
HONG KONG Share sales in Asia ex-Japan have picked up pace this year and are set to rise sharply in the coming months, with $10 billion listings from two Chinese firms expected to reinstate Hong Kong as the world's top IPO destination, bankers and analysts ... ( read original story ...)
Hong Kong activists released after handover protest
Hong Kong police have released several activists detained for staging ... They have not been charged, reported AFP news agency. Their protest was the second one this week at the monument - activists had earlier draped a large black flag over the sculpture ... ( read original story ...)
Hong Kong after the handover: 2 decades of Chinese rule
Hong Kong marks the 20th anniversary of the end of British rule this Saturday. The Asian financial hub was handed over to mainland China on July 1, 1997, after spending more than 150 years as a British colony. It has been a tumultuous two decades. ( read original story ...)
China flexes military muscle in Hong Kong during Xi’s visit
President Xi Jinping inspected troops based in Hong Kong on Friday as he asserts Chinese authority over the former British colony China took control of 20 years ago. Xi rode in an open-top jeep past rows of soldiers lined up on an airstrip on his visit to ... ( read original story ...)
Chinese President Xi Jinping arrives in Hong Kong as protesters arrested
Huge security operation Much of Wan Chai, a bustling business district in the city center where Xi will stay, is on partial lockdown, with 300, 2-ton barricades erected on roads around the Hong Kong Convention and Exhibition Center. The venue will host ... ( read original story ...)
China’s Xi Jinping greets Hong Kong troops in show of force
While in Hong Kong, Xi will spend little time near the public. Much of Wan Chai, a bustling business district in the city center where Xi is staying, is on partial lockdown, with 300, 2-ton barricades erected on roads around the Hong Kong Convention and ... ( read original story ...)
Hong Kong’s Democracy Dreams
But the city has paid a price for embracing more democracy. The Hong Kong government has become less efficient and more divided than in the colonial era. An anti-business, anti-development and anti-mainland China ideology permeates debates in the ... ( read original story ...)
HK’s BOC Aviation buys four Boeing aircraft for $1.08 billion
HONG KONG BOC Aviation Ltd (2588.HK) said on Friday it would buy four new aircraft from Boeing Co (BA.N) for an aggregate list price of $1.08 billion, as the aircraft lessor builds its balance sheet by investing in modern, efficient and in-demand aircraft. ( read original story ...)
China’s leader in Hong Kong as activists plan protests
HONG KONG - Chinese President Xi Jinping landed in Hong Kong Thursday to mark the upcoming 20th anniversary of Beijing re-establishing sovereignty over the former British colony, accompanied by a formidable layer of security as authorities braced for protests. ( read original story ...)
China’s Xi Jinping visits Hong Kong for handover anniversary
Chinese President Xi Jinping has arrived in Hong Kong to mark 20 years since the territory was handed back to China by Britain. The highly symbolic visit, Mr Xi's first since becoming leader in 2012, comes amid an increasingly tense political climate. ( read original story ...)
Why Hong Kong’s property market won’t crash – this time
Property is at the centre of everything in Hong Kong today, much like it was 20 years ago on the eve of the handover. Soon after the handover, prices collapsed, hitting rock bottom in the spring of 2003. They have since clawed their way back up, and some. ( read original story ...)
Financials lift HK stocks to near 3-wk high ahead of handover day
June 29 Hong Kong stocks closed at their highest level in nearly three weeks on Thursday, led by financials on bet that Beijing would unveil supportive policies as President Xi Jinping visits the former British colony to commemorate the 20th anniversary of ... ( read original story ...)
China stocks rise, led by commodity shares as dollar weakens; financials lift HK
The Hang Seng index increased 0.9 percent to 25,910.58 points, while the Hong Kong China Enterprises Index gained 0.2 percent to 10,423.34. Financial shares rose sharply on expectations that China will announce more measures to link its markets with Hong ... ( read original story ...)