HONG KONG — A bottle of forbidden liquor produced last year by Chinese activists to mark the 1989 military crackdown on Beijing's Tiananmen Square has arrived in Hong Kong after a trip around the world. Hong Kong pro-democracy leaders on Friday unveiled ... ( read original story ...)
HKSTP and HKEX Launch Road to IPO Platform
Connecting investors, financial, legal and business experts to nurture top technology companies and accelerate the development of Hong Kong's innovation economy The Road to IPO platform, announced at a conference held at Hong Kong Science Park entitled ... ( read original story ...)
Hong Kong shares rise to near 2-year high on bullish global equities
June 2 Hong Kong stocks closed the week at a near two-year high, supported by an upbeat mood in global equity markets and continuous money inflows from China. Both the Hang Seng index and the Hong Kong China Enterprises Index rose 0.4 percent, to 25,924.05 ... ( read original story ...)
Former BlackRock Executive Mark Brady to Join Hong Kong FinTech Startup FinFabrik
31/5/2016 – FinFabrik, a provider of specialized software-as-a-service for financial institutions, announced today that Mark Brady joined the company as its Chief Investment Officer to support the strong growth trajectory across the region, particularly ... ( read original story ...)
Fitch Upgrades Cheung Kong Property to ‘A’; Outlook Stable
Fitch Ratings has upgraded Hong Kong-based Cheung Kong Property Holdings Limited's (CKP) Long-Term Foreign-Currency Issuer-Default Rating (IDR) to 'A' from 'A-'. The Outlook is Stable. A full list of rating actions is at the end of this commentary. ( read original story ...)
Fitch: Tighter Property Regulations to Weigh on Hong Kong Banks
(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Hong Kong Banks 2016 Report Card here HONG KONG, June 01 (Fitch) Fitch Ratings expects tighter regulations on property-related lending to have a material but ... ( read original story ...)
Two apparel makers debut in Hong Kong, Shanghai with returns as stark as night and day
It closed at 10.2 yuan, up from its IPO price of 7.08 yuan. The Shanghai-based maker of women’s apparels raised 424.8 million yuan, selling 60 million shares. In contrast, Speed Apparel, which debuted on the Growth Enterprise Board in Hong Kong ... ( read original story ...)
Red Capital in Hong Kong
Long before the Chinese conglomerate HNA started making international news — for buying a controlling share of Deutsche Bank or acquiring Ingram Micro, the largest wholesaler of electronic equipment in America — it was familiar to people in Hong Kong ... ( read original story ...)
Hong Kong property market hot to touch
Everywhere I look, I see giant apartment buildings under construction. No, it's not Sydney or Melbourne but Hong Kong. On this 20th anniversary year of the British handover to China, it's more evidence of how much Hong Kong shrugged off the sense of ... ( read original story ...)
Hong Kong shares end at 23-month high, buoyed by property
June 1 Hong Kong's benchmark stock index finished on Thursday at a 23-month high, bolstered by property shares as Chinese money flowed steadily into the city's market. The Hang Seng index ended up 0.6 percent at 25,809.22, while the China Enterprises Index ... ( read original story ...)
Hong Kong’s Housing Prices Are Still out of Control
If you speak to any Hong Kong resident, the conversation will invariably be directed to the subject of property prices. That’s no surprise given that earlier this year, Hong Kong was crowned the world’s least affordable city by research organization ... ( read original story ...)
Hong Kong throngs defy efforts to cool housing market
Snaking queues of thousands of prospective apartment buyers in Hong Kong signalled authorities have made no progress in cooling a red-hot property market, where prices are at records. People were lining up last Friday and over the weekend at Victoria Skye ... ( read original story ...)
Chinese Estates pockets HK$26 million windfall from a quick punt in Evergrande
Chinese Estates Holdings, controlled by Hong Kong property tycoon Joseph Lau Luen-hung’s wife Chan Hoi-wan, has become a big winner in China Evergrande Group’s share price surge, making a profit of more than HK$26 million (US$3.34 million) in just a ... ( read original story ...)
Sticking to his legal principles: former Hong Kong chief justice Andrew Li reflects on how rule of law has fared in last two decades
Hong Kong’s legal system has been through some tumultuous times in the two decades since 1997. The first post-handover chief justice, Andrew Li Kwok-nang, tackled challenges arising from the new constitutional order, where the city’s common law ... ( read original story ...)