HONG KONG (Nikkei Markets) -- Hong Kong shares on Tuesday started the second quarter on a weak note, as a persistent sell-off in U.S. technology stocks and ongoing worries over a global trade war dampened sentiment. The Hang Seng Index had fallen 0.6% to ... ( read original story ...)
As China tightens squeeze, soul searching for Hong Kong’s democracy movement
HONG KONG (Reuters) - Hong Kong's once thriving pro-democracy movement, weighed down by growing pessimism among its supporters over China's ever-increasing control in the city, is facing a crisis of confidence about its future. As China tightens its grip ... ( read original story ...)
Dismissal call piles pressure on Hong Kong academic over independence remarks
HONG KONG (Reuters) - Pressure is mounting on a Hong Kong academic who helped lead pro-democracy protests in 2014, as dozens of pro-Beijing groups ran newspaper advertisements on Tuesday to demand his dismissal for allegedly advocating independence from China. ( read original story ...)
COFCO Property plans to buy control of HK’s Joy City for $2.4 billion
HONG KONG (Reuters) - Joy City Property Ltd (0207.HK) said on Monday COFCO Property Group Co Ltd (000031.SZ) would buy a controlling 64.18 percent stake in the company from Vibrant Oak Ltd for 14.76 billion yuan ($2.35 billion), as part of a reorganization ... ( read original story ...)
8 per cent of Hong Kong retirees used MPF funds to help their children buy property, finds survey
Some Hong Kong retirees are using their Mandatory Provident Fund savings to help their children buy property, according to a survey conducted by the Hong Kong Investment Funds Association. A poll of 600 retired people conducted between July and September ... ( read original story ...)
BOC Hong Kong (Holdings) Ltd. ADR 2017 Q4 – Results – Earnings Call Slides
The following slide deck was published by BOC Hong Kong (Holdings) Ltd. ADR in conjunction with their 2017 Q4 earnings call. 123 Click to enlarge Notes: ( read original story ...)
Beware SG and HK banking recruiters who ask you out for coffee
https://news.efinancialcareers.com/sg-en/273891/candidate-mistakes-asian-banking/ In tightly-knit financial centres like Hong Kong and Singapore it’s common enough for recruiters to meet candidates for causal chats over coffee, even if they can’t offer ... ( read original story ...)
Retail Banking Country Snapshot: Hong Kong 2016
A new report published by Key Market Insights on “Retail Banking Country Snapshot: Hong Kong 2016”. This reports focus on recent developments in Healthcare Predictive Analytics Industry with its type, end-users/application, regional forecast and ... ( read original story ...)
Citi Hong Kong Promotes FinTech development by Hosting Open API Information Day
Citi embraces the seven initiatives announced by the Hong Kong Monetary Authority last year to accelerate the development of smart banking in Hong Kong, which will ultimately lead to faster, more diverse and more convenient banking and mobile payment ... ( read original story ...)
Can Benny Tai be prosecuted for independence remarks under Hong Kong law? ‘No’, experts say
The row over controversial academic Benny Tai Yiu-ting’s independence remarks intensified on Monday as Beijing mouthpiece People’s Daily demanded the Hong Kong government take legal action against him under the city’s existing criminal law ... ( read original story ...)
Hong Kong could learn lessons from London King’s Cross redevelopment project to solve housing crisis, planning expert says
A massive urban redevelopment project in London where half of the flats must be set aside for low-income families may offer ideas for Hong Kong officials mulling co-development of some 1,000 hectares of farmland with private firms to ease the local housing ... ( read original story ...)
Hong Kong teen, 16, among 19 arrested in crackdown on ‘compensated dating’
A teenage school dropout was among 19 people arrested as part of a crackdown on “compensated dating” in Hong Kong. A month-long investigation ended on Saturday with an undercover sting operation as police arrested 13 men and six women at various ... ( read original story ...)
With Hong Kong MPF set to reach HK$1tr by 2020, top six providers start association to chart scheme’s course
Six of the largest Mandatory Provident Fund providers in Hong Kong have set up an industry body to work with the government on the development of the sector, as the city’s compulsory retirement scheme is on course to reaching HK$1 trillion (US$127.84 ... ( read original story ...)
Allan Zeman, the Hong Kong entrepreneur who is more than a ‘mouse killer’
That’s missing, a lot, in Hong Kong.” He says he gets approached all the time for many things, and is currently working with Carrie Lam on an innovation and technology committee, which he may join. Property, start-ups and young people Though Zeman ... ( read original story ...)