What is it that makes Hong Kong laugh? That’s the burning question on the minds of 30 people who will be standing in front of a microphone over three nights as part of the Hong Kong International Comedy Festival. The budding jokesters will be hoping ... ( read original story ...)
Abbott baby milk powder pulled from shelves in Hong Kong
A batch of baby milk powder was pulled from Hong Kong shelves on Friday, after the city’s food safety authorities found 66 per cent less niacin in it than stated on the label. The formula, made by Abbott, had only been sold in Hong Kong. The affected ... ( read original story ...)
Hong Kong’s stock exchange to shut after more than 30 years as automated trade takes over
A floor trader checks printouts during afternoon trading at the Hong Kong Stocks Exchange January 31, 2000. Hong Kong stocks nosedived on Monday as strong U.S. economic growth data fuelled fears the U.S. Federal Reserve would move aggressively to choke ... ( read original story ...)
Hong Kong throws away 5.2 million bottles every single day – is it time to ban sale of the plastic disposables?
When Typhoon Hato hit Hong Kong in August, an ugly side of the city surfaced. Huge amounts of plastic – bottles included – were carried by the strong winds and high tides from the ocean to beaches and harbourfronts, shedding light on the city’s ... ( read original story ...)
Hong Kong warns manufacturers not to lie on new labels that promote healthy food
The Hong Kong government launched a new set of healthy food labels on Friday that came with a warning for manufacturers: misrepresenting your product is a crime. The warning coincided with the launch of voluntary labels that indicate if a food has low ... ( read original story ...)
China Summons British Official Over Hong Kong Remarks
"China has already summoned in an official from the British Embassy in Beijing, and lodged stern representations about Britain's recent series of wrong remarks and actions on this issue," Lu told a daily news briefing. "I must to stress here that Hong Kong ... ( read original story ...)
Olympic golf champ Rose to compete in Hong Kong Open
Rose is no stranger to Hong Kong Open, having won its title in 2015, just eight months before becoming the Olympic champion in Rio, reports Xinhua news agency. Widely recognised as one of the finest players of his generation, Rose won the US Open in 2013 ... ( read original story ...)
End of an era as Hong Kong stock trading floor prepares to close
Hong Kong's last remaining stock market floor traders are taking their final orders as the exchange prepares to shut its trading hall. The bourse's operator, Hong Kong Exchanges and Clearing, said it will close the trading hall by the end of the month and ... ( read original story ...)
HONG KONG PRESS: News Headlines On Friday, October 20
HONG KONG (Oct 20) -- Here's a roundup of local news: *Sinochem taps banks for Hong Kong IPO of oil assets: sources China's Sinochem Group has tapped three banks, including Morgan Stanley, to work on the possible Hong Kong listing of its key oil assets, as ... ( read original story ...)
Severe Typhoon Hato hits Hong Kong
Thousands of people were evacuated Tuesday in parts of south China in preparation for the typhoon's arrival, the official Xinhua news agency said. In Hong Kong, the storm sent metres-high waves crashing into shorelines with flooding knee deep in some areas. ( read original story ...)
Hong Kong rebound is good news for Naspers
The rand was hovering under R13.60/$ on Friday morning after a roller-coaster ride during the night in which it oscillated between R13.5963/$ and R13.4757/$. The rand was at R13.58/$, R16.05/€ and R17.80/£ at 6.40pm. The JSE’s all share index, which ... ( read original story ...)
‘Disruption needs to take place in Hong Kong’: tourism industry veterans discuss how city can reinvent itself
Hong Kong needs authenticity, fresh blood, technology, Victoria Harbour and some “disruptions” to reinvent its flagging inbound tourism, according to industry veterans. To attract the growing demographic of millennial travellers who prefer cultural ... ( read original story ...)
Property tycoon Walter Kwok supports using land bank for affordable homes scheme to ease Hong Kong’s housing crunch
Hong Kong property tycoon Walter Kwok Ping-sheung on Friday became the fourth developer to support the government’s bid to get private developers to use some of their land for affordable housing for first-time buyers. However, Kwok, the chairman of ... ( read original story ...)
Hong Kong IPOs will fade further without exchange reforms
Three years ago, the Stock Exchange of Hong Kong lost the chance to host the record $25 billion initial public offering of Alibaba Group Holding because regulators would not allow the company's founders certain privileges they regarded as contrary to the ... ( read original story ...)