Hong Kong has become more “China-centric,” enabling Singapore to take the lead when multinational companies look to set up their Asian headquarters in the region, according to the country’s Economic Development Board. With Hong Kong becoming more ... ( read original story ...)
Hong Kong’s Li Ka-shing, the billionaire buyer of Expo lands, set to retire
The retirement of Hong Kong magnate Li Ka-shing – and the succession of his son Victor Li, who holds Canadian citizenship and previously spent significant time in Vancouver – is unlikely to renew Li family business interest in B.C., a Chinese-Canadian ... ( read original story ...)
72 Hours in Hong Kong
Hong Kong Airlines has recently launched a new direct route from Vancouver to Hong Kong. Given that the flight is 14 hours, you may wish to opt for business class, which features full lie-flat beds. An amenity kit filled with L’Occitane products ... ( read original story ...)
Hong Kong’s monetary authority raises lending rate to 2 per cent to defend peg, raise mortgages
The Hong Kong Monetary Authority on Thursday morning raised the city’s base lending rate, in lockstep with a similar increase by the US Federal Reserve to defend the local currency’s peg and add upwards pressure to mortgage payments linked to interbank ... ( read original story ...)
REA Group ‘2018 H1 Hong Kong Property Market Perspective Survey’ Survey Announcement
DREAMS ON HOLD: 27% of Hong Kong people are convinced that they will not be able to afford a property in Hong Kong in their lifetime LOVE DELAYED: Marriage plans postponed due to high property prices NANO IS THE NEW NORMAL: 'Nano flats' become the new ... ( read original story ...)
There’s no better time to be a real estate agent as fees soar amid Hong Kong’s record prices
Hong Kong’s two largest property agents, Centaline and Midland, enjoyed sharp increases in commission revenue generated in the city last year, as sales of new homes and prices surged to record highs. But market commentators are warning the sector’s ... ( read original story ...)
Ascentage Pharma is the latest mainland biotech company to choose Hong Kong for IPO
Anti-tumour drug researcher Ascentage Pharma has become the latest Chinese biotechnology company to choose Hong Kong for going public, in further evidence that an impending listing rules revamp will help the city take market share from New York, the ... ( read original story ...)
BOC Aviation Says to Buy Six Boeing Aircraft Worth $1.7 Billion
HONG KONG — BOC Aviation Ltd said on Thursday it would buy six new Boeing 787-9 aircraft from Boeing worth a combined $1.7 billion (£1.2 billion) at list prices. Asia's second-biggest aircraft lessor, which had 491 aircraft as of the end of last year ... ( read original story ...)
Hong Kong makes use of rooftop farm
High above downtown Hong Kong's bustling, traffic-clogged streets, a group of office workers was toiling away not on a corporate acquisition or a public share offering but on harvesting a bumper crop of lettuce atop one of the skyscrapers studding the city ... ( read original story ...)
Hong Kong’s investment watchdog suggests curbs on robot advisers and online trading platforms
Online share trading platforms and financial firms using so-called “robo advisers” instead of human beings are facing more curbs from Hong Kong’s Securities and Futures Commission (SFC), according to a revamped guideline document issued on Wednesday ... ( read original story ...)
Shares in a Hong Kong magazine publisher surged almost 900% on their first day of trading
Hong Kong media company sees shares jump almost 900% on day of IPO. Shares in Most Kwai Chung, a media firm which publishes a popular satirical magazine, climbed from HK$1.2 (£0.11; $0.15) to a high of HK$11.76 (£1.06; $1.50). "We feel surprised about ... ( read original story ...)
Publisher of Hong Kong satirical magazine 100Most soars as much as tenfold on market debut after record demand
Hong Kong media firm Most Kwai Chung, which runs popular satirical magazine 100Most and a digital media site tapping into Hong Kong’s youth culture, saw its stock soar as much as tenfold on its trading debut after attracting the most public subscriptions ... ( read original story ...)
Most Kwai Chung, Hong Kong’s most oversubscribed IPO stock, soars tenfold on trading debut
Most Kwai Chung, which runs popular satirical magazine 100Most and a digital media site tapping into Hong Kong’s youth culture, saw its stock soar tenfold at the start of its trading debut on Wednesday. The firm’s initial public offering had attracted ... ( read original story ...)
12 entrepreneurs from Hong Kong and 59 from China make Forbes 30 Under 30 Asia List for 2018
The 300 people featured comprise 30 names in 10 categories. The list also included 12 entrepreneurs from Hong Kong, such as Liu Tao, a co-founder of MioTech, who is listed under “finance and venture capital”; Vincent Lim, a co-founder of Lim + Lu ... ( read original story ...)