HONG KONG (AP) — The strange case of a Hong Kong pro-democracy activist who claimed mainland Chinese agents stapled his legs as a warning has taken another twist after police arrested him on suspicion of providing false information. The Chinese-ruled ... ( read original story ...)
Hong Kong Activist Says Chinese Agents Stapled His Legs Over Messi Photo
The bizarre episode has heightened concerns about the erosion of the rule of law in Hong Kong as the mainland authorities try to exert greater control over the semiautonomous Chinese city’s freewheeling politics. At a news conference in Hong Kong ... ( read original story ...)
Hong Kong democracy activist says he was ‘stapled’ by Chinese agents
HONG KONG (Reuters) - A prominent member of Hong Kong's Democratic Party said on Friday he was beaten and "stapled" by mainland agents in the Chinese-controlled city before being dumped on a beach in what activists said was the latest warning to the ... ( read original story ...)
Hong Kong set to forgo HK$5 billion in tax revenues after reform to ease burden on SMEs: finance chief
Hong Kong is preparing to roll out its first major profits tax reform in decades that will cost the government about HK$5 billion in annual revenue to ease the burden on smaller businesses. Financial Secretary Paul Chan Mo-po revealed on Monday that his ... ( read original story ...)
Hong Kong police arrest democracy activist over ‘false claim’ he was kidnapped by mainland Chinese agents
A Hong Kong democracy activist has been arrested for misleading police ... Serious doubts about Lam’s story were raised by the FactWire news agency which published a report on Monday night directly contradicting his version of events. ( read original story ...)
Hong Kong X Technology Fund backs 7 startups
The Hong Kong X Technology Fund today announced its first round of investments into seven Hong Kong-based tech companies as part of its accelerator program. Several of the chosen startups will move into the fund’s X-LAB co-working space in Hong Kong ... ( read original story ...)
Hong Kong’s developers see ever-shrinking flats as elixir to city’s housing crisis
Hong Kong’s middle class has been economically transformed from the “sandwich class” into the “coffin class.” Those looking for property salvation through a big crash, due to a rise in interest rates, can kiss their impossible dream goodbye. ( read original story ...)
Hong Kong under the spotlight in Australian money laundering case
Hong Kong has once again been named in global investigations into breaches of anti-money laundering rules at an international bank. Australia’s financial watchdog, Austrac has filed a case against Commonwealth Bank of Australia (CBA) – one of the ... ( read original story ...)
Hong Kong’s Property Shadow Leaves Singapore Developers Ahead
Hong Kong’s property stocks are cheaper than Singapore’s, although not cheap enough to account for the risk that the world’s least affordable city could have a housing crash. That’s according to analysts and money managers from Nomura Holdings Inc ... ( read original story ...)
Hong Kong cobbler puts heart and sole into repairing shoes on his trusted 25-year-old machine
Hong Kong cobbler Wong Yun-keung has been repairing shoes in the ... before eventually setting up his own business and employing his own staff. With a stall close to Landmark luxury shopping mall, home to over a hundred designer brands, he often handles ... ( read original story ...)
Citi has just hired one of HSBC’s top Hong Kong investment bankers
Citi has recruited an HSBC veteran to lead one of its key investment banking teams in Hong Kong. http://news.efinancialcareers.com/hk-en/291108/local-banks-hong-kong-jobs/ Veteran HSBC banker William Tang has moved to Citi as its new head of Asia consumer ... ( read original story ...)
Hong Kong activist ‘abducted by Chinese agents’
Lee Cheuk-yan, a former lawmaker who took Mr Lam to hospital, told BBC News that this was a very strange case, with an unclear motive. "Either they are trying to warn off the people of Hong Kong, or they are trying to make trouble," he said. He admitted ... ( read original story ...)
Hong Kong exchange blocks Morgan Stanley, Li Ka-shing-backed IPO
The Hong Kong stock exchange has blocked an initial public offering by a financial services group backed by Morgan Stanley and Li Ka-shing because the Chinese state-owned brokers sponsoring the IPO filed a “substantially incomplete” prospectus. ( read original story ...)
Hong Kong raises 2017 growth outlook after solid Q2
Govt revises up full-year GDP to 3-4 pct from 2-3 pct * HK private consumption expenditure expands 5.3 pct y/y By Anne Marie Roantree and Donny Kwok HONG KONG, Aug 11 (Reuters) - Hong Kong raised its growth outlook for 2017 after a surprisingly strong ... ( read original story ...)