Hong Kong was surpassed last year by New York and Shanghai as the world’s largest destination for IPOs. The stock market operator and regulator pushed through an overhaul of the exchange’s listing regulations last year to make Hong Kong a more ... ( read original story ...)
Hong Kong government pledges cautious approach to easing mortgage plight of first-time buyers
The Hong Kong government is taking a cautious approach in the plans to review its mortgage policy for first-time buyers, according to James Lau, the secretary for financial services and the treasury – but any such move must be carefully thought out ... ( read original story ...)
Hong Kong ‘must catch up with Taiwan’ to become a disability-friendly city
But for Hong Kong’s disabled residents, the image is laden with irony. The Lok Ku Road public toilet is surrounded by staircases but no ramps, making it nearly impossible for wheelchair-bound people to get to it. The toilet is among the design oddities ... ( read original story ...)
At HK$260 from Hong Kong to Guangzhou, express rail fares will cost more than earlier estimates
Travellers from Hong Kong to Guangzhou on the high-speed rail link opening later this year will have to pay HK$260 (US$33) per trip under finalised fares that are much higher than original estimates. The 48-minute journey from the city’s West Kowloon ... ( read original story ...)
Hong Kong stocks break 14-day winning run; Nikkei rises despite stronger yen
Hong Kong’s Hang Seng Index HSI, -0.23% ended down 0.2%, after climbing around 1% earlier in the session. The turnaround came amid steep losses in mainland Chinese equities. The Shenzhen Composite 399106, -1.80% ended down 1.8% and the startup-heavy ... ( read original story ...)
Hong Kong car warranties stricter than those in most other developed regions, consumer watchdog warns
The city’s consumer watchdog warned would-be car buyers to be cautious as Hong Kong was revealed to be the one of the worst among many advanced regions in terms of legal protection against harsh terms and conditions for new car warranties. Conditions ... ( read original story ...)
Gangs of thieves target luggage of passengers taking airport buses in Hong Kong
“There have been many, many cases involving travellers who have come off flights landing in Hong Kong and then taken airport buses into the city. Perhaps they feel the threat to their property drops once they are on the ground, but this is now not the ... ( read original story ...)
Xiaomi, Lufax Test IPO Investors’ Credulity
That's not to say the window isn't open for Chinese companies tapping the Hong Kong IPO market. C-Mer Eye Care Holdings Ltd., backed by the tech giant Tencent Holdings Ltd., surged 85 percent in its debut Monday. The eye-clinic chain was oversubscribed at ... ( read original story ...)
Chris Patten is wrong, Hong Kong will benefit from Brexit. Massively
Zhu Xin, the Shanghai manager of a large Sino-British business organisation ... Affairs see the UK’s impending departure from the EU as a great opportunity. Hong Kong ex-governors Patten and Wilson still upbeat about city’s democracy ( read original story ...)
Hong Kong stocks power ahead as Tencent marches further into record territory
Hong Kong stocks broke the historical closing high in early trading on Monday morning, as Tencent Holdings climbed further into record territory, and financials advanced broadly. The Hang Seng Index opened up 1 per cent at 31,702.56, breaking the ... ( read original story ...)
Hong Kong’s regulator outlines rules for settling violations, in a move to enhance its efficiency
Hong Kong’s securities regulator has signalled to the market its willingness to settle regulatory breaches that fall into the “not-so-serious” category, emulating similar policies by the UK’s Financial Conduct Authority to find a speedier and more ... ( read original story ...)
Hungarian conductor Gabor Kali triumphs in Hong Kong’s first international battle of the batons
A Hungarian has won Hong Kong’s first international orchestra conducting competition after three rounds of performances against 15 hopefuls from around the world. Gabor Kali, 35, scored the highest mark from an international jury headed by Yip Wing-sie ... ( read original story ...)
In Hong Kong, most child abuse victims suffer at hands of parents
But the life of children in Yuen Long is not always this blissful. The district – one of 18 residential areas in Hong Kong – consistently has the highest number of child abuse cases in the city. Latest available full year figures from 2016 showed that ... ( read original story ...)
Hong Kong economy likely to ease up this year after strong 2017 gain
After a strong performance in 2017, the Hong Kong economy is projected to ease up in 2018, led by slower consumption growth as the housing market softens, higher interest rates and a rise in external uncertainties. Most analysts The Straits Times contacted ... ( read original story ...)