Landscaping officials are studying the safety and structure of Hong Kong’s iconic stone wall trees in the hopes of finding a new way to manage them. Typically banyans and many centuries old, the trees are common across the city and often get seeded in ... ( read original story ...)
Hong Kong’s biggest headache is not only finding land, but also building affordable housing
Now comes a massive, citywide consultation on where and how to find land. The sky is the limit for runaway property prices in Hong Kong. To make matters worse, while building micro flats has become the new trend under the excuse of making housing more ... ( read original story ...)
Hong Kong’s monetary authority should raise interest rates now to buffer the market – while it can
After 1997, Hong Kong’s property price dove by 75 per cent over the following six years. The political pressure forced the government to contract supply, which massively exaggerated the subsequent upcycle, causing political pressure on the other end. ( read original story ...)
STX Entertainment Starts Hong Kong IPO Process
It will become the first U.S. entertainment company to be listed in Hong Kong. Burbank-headquartered STX Entertainment has submitted preliminary paperwork for its planned initial public offering on the Hong Kong Stock Exchange in the form of a draft ... ( read original story ...)
How govt can boost startup ecosystem (other than by splurging)
Amid the startup boom, governments around the world are thinking of ways to boost innovation and technology in their respective territories. In Hong Kong, the government has allocated HK$50 billion for the purpose. The Hong Kong Economic Journal recently ... ( read original story ...)
Revealed: number of suspicious financial transactions in Hong Kong more than quadruples in six years
Hong Kong’s financial system is groaning under a deluge of tens of thousands of suspicious financial transaction reports, the number of which has more than quadrupled over the past six years. In 2017 the Joint Financial Intelligence Unit – which acts ... ( read original story ...)
After last year’s snooze-fest, can a firing Fiji give Singapore Sevens the Hong Kong buzz it’s never had?
Spending a weekend at last year’s Singapore Sevens just days after feeling the full force of the Cathay Pacific/HSBC Hong Kong Sevens was like the night I had to work behind the bar during my mate’s buck’s party. I was present, it wasn’t ... ( read original story ...)
Hong Kong arm-wrestling chief is going from strength to strength after starting with nothing
Every Tuesday and Saturday Hong Kong student Tommy Kwong Tze-man goes to the gym and pulls weights, lifts dumbbells and does leg presses – and gets a little closer to his dream. The visits to Optimum Performance Studio in Tsim Sha Tsui are part of his ... ( read original story ...)
Hong Kong warms to solar power but how many people can afford rooftop panels — or even a roof?
While fossil fuels serve more than 70 per cent of Hong Kong’s energy needs, a village house in Tai Po may hold the key to a sustainable future for a city notorious for excessive consumption. Eddie Chan Wai-lai, 61, built his own home solar power system ... ( read original story ...)
As China Mobile Hk. LTD Adr F (CHL) Valuation Declined, Everett Harris …
Everett Harris & Company decreased its stake in China Mobile Hk. Ltd. Adr F (CHL) by 9.42% based on its latest ... The firm has “Hold” rating by HSBC given on Friday, March 24. Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from ... ( read original story ...)
Hong Kong Looks Underground to Free Up Land for New Housing
Hong Kong may dig deep to reverse the city’s chronic shortage of land for building, adding underground caverns to the mix of options aimed at creating more housing in the world’s most expensive property market. It’s an option, according to a ... ( read original story ...)
Two China biotechs drop US IPO plans for $800 million Hong Kong floats
Both Innovent and Ascentage have yet to log any revenues. ETPrimeWe rummaged through some Fortis files. What we found isn’t pretty. HONG KONG: Two Chinese biotechs have axed plans to list in New York and instead aim to raise up to $800 million in Hong ... ( read original story ...)
STX Entertainment Files Draft IPO Prospectus in Hong Kong
Robert Simonds’ STX Entertainment has filed a draft prospectus with the Hong Kong Stock Exchange that is expected to lead to an initial public offering of its shares in the coming months. STX, which counts numerous investors from Greater China among its ... ( read original story ...)
Hong Kong public hospitals chief Leung Pak-yin to quit when contract ends in 2019
News of his departure came with the authority having received ... which were “pivotal to the continuous enhancements of Hong Kong’s public health care system”. Patients’ rights advocate Tim Pang Hung-cheong also had good things to say about ... ( read original story ...)