Mom and Pop Pile Into Hong Kong IPOs in $163 Billion Bonanza

Mom-and-pop investors haven’t been this crazy for Hong Kong initial public offerings since 2009. Hong Kong retail stock buyers placed orders for $163 billion worth of equity in this year’s major deals, according to data compiled by Bloomberg. ( read original story ...)

Hong Kong sewage plant to move into caverns in 11-year plan

Drainage officials will seek funding next year for the first phase of works to move a Sha Tin sewage treatment plant into a rock cavern in a massive project expected to last 11 years, according to Hong Kong authorities. New details have also been revealed ... ( read original story ...)

Hong Kong: 20% of residents live in poverty

A record number of Hong Kong residents live in poverty, with one fifth of the population falling below the poverty line despite economic growth, according to new government figures. The number of people living below the poverty line rose to 1.35 million in ... ( read original story ...)