You could be forgiven for never having heard of 13 Holdings Ltd., a Hong Kong-listed property-management firm established to raise funds for a luxury hotel and casino in Macau. 1 Today, the development sits unfinished as the company struggles to find ... ( read original story ...)
Hong-Kong Startup’s New Smart Ring will Transform Your Finger into an Earpiece
Keeping your mobile devices clasped on to your ears for prolonged communications become exasperating, and so came the Bluetooth headset. But now, some minds are thinking the same to be old-fashioned, or rather too unsuitable for day-to-day use ... ( read original story ...)
Hong Kong Exchange Denies IPO — WSJ
This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (July 26, 2017). Hong Kong's stock exchange has rejected the application for a potentially ... ( read original story ...)
Hong Kong shares hang on to 25-month highs on HSBC jump, China flows
HONG KONG (Nikkei Markets) -- Hong Kong shares clung to 25-month highs as heavyweight HSBC Holdings's late rally and sustained inflows from China helped offset weakness for the city's property developers. The Hang Seng Index added less than 0.1% to 26,852.05. ( read original story ...)
HSBC gets approval for China securities joint venture
HSBC has received approval from regulators to set up a majority-owned securities joint venture in China, the first for a foreign group in the country. Hong Kong-based Bank of East Asia was also granted approval by the China Securities Regulatory Commission ... ( read original story ...)
Hottest ticket in Hong Kong – to the Sevens – up 8 per cent to HK$1,950
The Hong Kong Rugby Union today announced the increase from HK$1,800 for this year’s event. The world-renowned Cathay Pacific/HSBC Hong Kong Sevens will be held on April 6-8 next year. The extra revenue will swell the union’s coffers by up to HK$6 ... ( read original story ...)
HSBC on track to report big jump in second quarter profit
HSBC’s shares have risen 49 per cent in the past year, as of its close at HK$76.7 on Tuesday. HSBC, the biggest lender in Hong Kong and Europe, is expected to report a 17 per cent year on year rise in unadjusted net profit growth in the second quarter to ... ( read original story ...
A numismatic tour of Hong Kong
the Hongkong and Shanghai Banking Corporation (HSBC), the Standard Chartered Bank, and the Bank of China. The notes share identical colors between the three banks, but the designs are noticeably different. Now, let’s presume you find yourself in Hong ... ( read original story ...)
Increase in Ticket Prices for 2018 Cathay Pacific / HSBC Hong Kong Sevens
The Hong Kong Rugby Union has confirmed that ticket prices for the world-renowned Cathay Pacific/HSBC Hong Kong Sevens will increase for the first time since 2014. Starting in 2018, prices will be increased by approximately 8% or HK$50 dollars each day ... ( read original story ...)
Hong Kong-China train station could apply mainland law
Hong Kong's government has unveiled a controversial plan which would allow Chinese mainland law to apply in the territory for the first time. It's part of attempts to streamline operations at the new Guangzhou-Shenzhen-Hong Kong Express Rail Link ... ( read original story ...)
Why Hong Kong’s Dull Dollar Has Investors Excited: QuickTake Q&A
Why has the Hong Kong dollar been so weak ... The real rate to watch is Hibor: It’s the floating rate on most new mortgages and will be the first indicator of tightening liquidity. Another rate that matters is the prime rate, which is often the ... ( read original story ...)
Demand for Vancouver luxury real estate reflects sustained Chinese attention
Over 3,000 interested parties attended its Vancouver sales gallery upon its opening in mid-June, and another 200 individuals visited its exhibition in Hong Kong just a week after launch. According to Luke Fehon, the Hong Kong-based managing director of ... ( read original story ...)
Greg Childs says Winx must tick one more box to earn ‘super champion’ status
He also rode her to victory in the Hong Kong Mile in 2000 and third in the Dubai Duty Free ... “Winx does look to have a mortgage on it and I agree but you just never know from those three-year-olds that can strengthen up from a little bit of time ... ( read original ...
Three things I wish I’d understood about money a long time ago
I paid approximately US$180,000 for a little one-bedroom walk-up flat in Central, Hong Kong. I took out a 50 percent mortgage to buy it, so my down payment after stamp duties, agents’ fees and other expenses was roughly US$100,000. I could have bought ... ( read original story ...)