The citywide manhunt started on Monday night after police received a report from the suspect’s two business partners – two mainland ... Tuen Mun to check where the shipment was stored in Hong Kong. The pair called police at 6.30pm on Monday after ... ( read original story ...)
StanChart prunes coverage, may cut investment banking jobs – sources
HONG KONG/LONDON (Reuters) - Standard Chartered Plc is looking to drive returns by boosting lending to key industrial sectors and top clients, in a move that could cut about a dozen investment banking jobs as it dials back in areas like private ... ( read original story ...)
Hong Kong top court overturns prison sentences for activists
Hong Kong's highest court on Tuesday overturned prison sentences for three young pro-democracy activists convicted for their roles in kicking off 2014's "Umbrella Movement" protests in the semiautonomous Chinese city. A panel of judges sided with Joshua ... ( read original story ...)
Hong Kong court lets democracy activist Joshua Wong walk free
HONG KONG (Reuters) - Hong Kong's highest court on Tuesday unanimously decided to free three young leaders of the Chinese-ruled city's pro-democracy movement, including the public face of youth-led protests, Joshua Wong, in a stark reversal of an earlier ... ( read original story ...)
Hong Kong pro-democracy activists walk free after court upholds appeal
Hong Kong's highest court has reversed a ruling to jail a trio of pro-democracy activists. The activists, known for their role in 2014 protests, had warned of a "critical juncture" in Hong Kong's fight for democracy. The Hong Kong Court of Final Appeal on ... ( read original story ...)
Hong Kong’s top court frees ‘Umbrella Movement’ leaders
Hong Kong's highest court has declared that the three pro-democracy leaders, who were sentenced to jail last year for their role in the 2014 protests, could walk free. The highest court said the appeals court "erred in dispensing with the need to consider ... ( read original story ...)
Hong Kong democracy activist Joshua Wong walks free after court ruling
HONG KONG (Reuters) - Hong Kong’s highest court on Tuesday said three young leaders of the city’s pro-democracy movement, including Joshua Wong, could walk free, in a stark reversal of an earlier ruling. The decision was made by a panel of five judges ... ( read original story ...)
Ashurst hires banking duo in HK from Fangda, A&O
Ashurst has boosted two banking and finance partners in Hong Kong: Eric Tan, who joins from Chinese firm Fangda Partners, and Daniel Lau, hired from Allen & Overy's Beijing office. Tan specialises in acquisition finance, cross-border lending, structured ... ( read original story ...)
Hong Kong, China stocks succumb to global market rout
SHANGHAI/HONG KONG (Reuters) - Hong Kong and China stocks tumbled on Tuesday as a global market rout intensified, fueled by worries that a build in inflationary pressures will prompt major central banks to raise interest rates faster than expected. ( read original story ...)
Hong Kong market slammed for 1,000-plus point loss at the open, after US meltdown
Hong Kong stocks plunged by ... to 31,184.52 and the Hang Seng China Enterprises Index lost 3.64 per cent, or 490.53 points, to 12,989.30. All industries were down. In financials, China Construction Bank lost 4.44 per cent to HK$8.61, ICBC fell 4.03 ... ( read original story ...)
China and Hong Kong shares slide in global sell-off
Hong Kong's Hang Seng Index was down 4.94 percent at 30,651.31 at its midday ... chief strategist at China's Bank of Communications. Hong recommended watching for dangers rather than potential gains in the near-term, although bonds — particularly ... ( read original story ...)
New financing platform energizes Hong Kong startup scene
Can you imagine what Hong Kong will look like 10 or 20 years from now? By that time, can we still rely on the four major industries currently accounting for nearly 60 percent of GDP – trading and logistics, tourism, financial services, and professional ... ( read original story ...)
Telco regulator confirms Hong Kong mobile numbers will soon start with ‘unlucky’ digit 4
Hong Kong’s mobile phone operators will soon begin issuing numbers starting with the “unlucky” digit 4 and the “lucky” digit 8, although they are so far keeping mum about how they will market these numbers to consumers who are both superstitious ... ( read original story ...)
Shops at new Hong Kong border mall will have rent waived after ‘unsatisfactory’ opening weekend
On the need for the rent waiver, Wong said: “If we can attract more tenants, it is good for the retailers there and also good for Hong Kong.” The original rents were about HK$67 a square foot to HK$107 a square foot. Preferential rents had already been ... ( read original story ...)