Hong Kong’s central bank will probably take steps to tighten liquidity in the financial system as the city’s currency approaches the weak end of its peg against the greenback. That’s according to 15 of 19 analysts surveyed by Bloomberg from March 2 ... ( read original story ...)
Hong Kong’s ‘flagship’ e-scrap facility nears start-up…finally
China: There were serious delays in its construction and completion. But now the Hong Kong WEEE Park, seen as the modern face of electronics recycling in Hong Kong, is all set to open its doors. The Euro 60 million (US$ 74 million) treatment facility ... ( read original story ...)
Hong Kong stocks rebound on trade data, subsiding trader war fears
The top gainer on Hang Seng was China Resources Power Holdings Co Ltd, up 6.21 percent, while the biggest loser was BOC Hong Kong Holdings Ltd with a 0.13 percent fall. ** As of the previous trading session, the Hang Seng index was up 0.93 percent this yea ... ( read original story ...)
Readers Say: Hong Kong’s Richest; Charley Shin and Philadelphia Eagles Have Something In Common
“Shame he don’t give it back to Hong Kong by making home prices cheaper.” Viva Republica! South Korean Startup Toss Churns $1 Billion a Month 5,608: “Our culture dynamic really focuses on freedom and responsibility.” Blue Skies for the Founder of ... ( read original story ...)
Hong Kong Seen Draining Liquidity With Currency Near ’84 Low
India Can No Longer Spend Its Way To Higher Growth Why Is PM Modi Allowing DACOIT-y On Indian Digital Startups? India’s Online Streaming ... Days’ — Finally Ends For PM Modi (Bloomberg) -- Hong Kong’s central bank will probably take steps to ... ( read original story ...)
Hong Kong Open API And Virtual Banking Consultations: A Review.
The Hong Kong Monetary Authority (“HKMA”) has recently released two fintech-related consultation papers. Consultation Paper on Open API Framework for the Hong Kong Banking Sector – released on 11 January 2018 (the “Open API Paper”). Public ... ( read original story ...)
Roughly Flat Lead Expected For Hong Kong Shares
China Mobile dipped 0.28 percent and BOC Hong Kong was unchanged. The lead from Wall Street is murky as stocks opened lower Wednesday before climbing off their worst levels of the day, although only the NASDAQ managed to close in positive territory. ( read original story ...)
Hong Kong Looks Increasingly Attractive For Aramco Listing
New York and London were pegged as favorites earlier, but both NYSE and LSE have stricter disclosure rules than the Hong Kong Exchange, which may well tip the scales in favor of the Chinese bourse. The news comes as Crown Prince Mohammed prepares to travel ... ( read original story ...)
What the weakest Hong Kong dollar in 30 years means for firms, workers and travellers
A leading Hong Kong chain store specialising in Japanese snacks and consumer goods has responded to the recent depreciation of the Hong Kong dollar by marking up its products by 3 to 5 per cent. But other businesses believed the weaker local currency ... ( read original story ...)
Hong Kong cargo terminal can be scrapped to build 22,000 flats – ‘but only with land reclamation’
A cargo terminal in Tuen Mun can be redeveloped for housing – but only if a neighbouring bay undergoes land reclamation, a Hong Kong government advisory committee has said. The Task Force on Land Supply on Tuesday agreed that the 65-hectare (161 acres ... ( read original story ...)
Can Beijing achieve its next big goal for Hong Kong – making people feel more Chinese?
Shie, one of about 200 Hong Kong delegates to the Chinese People’s Political Consultative Conference (CPPCC), China’s top political advisory body, said this week that Hongkongers’ love for their motherland should be “nurtured” and “inspired ... ( read original story ...)
Hong Kong to reap more dividends through closer development with China, says Beijing’s top man in city
These two major national policies created great dividends for Hong Kong through macroeconomic policies and systems,” Wang told a pro-Beijing news outlet. Chief Executive Carrie Lam Cheng Yuet-ngor, after returning from Beijing from the opening of the ... ( read original story ...)
Hong Kong independence ideas must be suppressed, top China official Wang Huning warns city
Wang said there might be “good news soon” on that front, according to Chan. Chan’s party, the Democratic Alliance for the Betterment and Progress of Hong Kong, submitted 31 proposed measures to mainland authorities, including allowing people to use ... ( read original story ...)
Hong Kong judge orders former city leader Donald Tsang to pay HK$4.6 million in court costs
Donald Tsang Yam-kuen was ordered to pay HK$4.6 million (US$590,000) on Tuesday after a judge agreed with prosecutors that the former Hong Kong leader was uncooperative during their investigation into charges of bribery and misconduct. The disgraced former ... ( read original story ...)