A Hong Kong amateur photographer who found a “decisive moment” when capturing an image of a leaping girl in an illuminated tunnel was voted the winner of People’s Choice award in the National Geographic Travel Photographer of the Year competition. ( read original story ...)
Hong Kong visitors can now take the ferry to Disneyland
Visitors wanting to go to the Disneyland Resort in Hong Kong will now be able to arrive over water as well as over land. From Sunday onwards, the Central to Discovery Bay ferry will stop at the theme park in the morning on weekends and on public holidays ... ( read original story ...)
Chinese firm eyes ‘strata-sales’, high debt for flipping Hong Kong towers
HONG KONG (Reuters) - A Chinese company plans to emulate a risky property strategy in Hong Kong that was used last year to buy a skyscraper from the tycoon Li Ka-shing, taking on a high degree of debt and selling off individual floors before the ... ( read original story ...)
Hong Kong to Charge Additional Rates on Unsold Primary Homes
Australia and Canada have vacancy taxes on home-owners. In Hong Kong, developers typically sell new units in batches, holding apartments back to reap higher prices. Some rushed to sell flats on news that the government was mulling a levy, according to the ... ( read original story ...)
A Hong Kong airport fourth runway may be good for business, but it would be terrible for the environment
“If you build it, they will come.” That was the line quoted by Kevin Costner’s character in the 1989 movie, Field of Dreams. The sentence has now entered the popular vernacular to roughly mean, if you build something, it can create its own demand. ( read original story ...)
Pricey Hong Kong set to impose vacancy tax on empty new flats
HONG KONG (Reuters) - Hong Kong proposed a vacancy tax on empty new homes on Friday in an attempt to discourage developers from hoarding, but analysts expect the measure to have little impact on prices in a property market rated the world’s least affordable. ( read original story ...)
Xiaomi’s shrinking IPO shows tougher climate for China tech
Xiaomi's big Hong Kong IPO is shrinking. The Chinese smartphone maker is set to raise about 36 billion Hong Kong dollars ($4.7 billion) after pricing its public offering at the bottom of the planned range, a person familiar with the IPO told CNNMoney. ( read original story ...)
China’s Xiaomi raises $4.72 billion after pricing HK IPO at bottom of range: sources
HONG KONG (Reuters/IFR) - China’s Xiaomi Corp (1810.HK) priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world’s biggest tech float in four years, people close to the transaction said ... ( read original story ...)
PNB fraud: Hong Kong banking regulator cracks down on Indian lenders operating in the SAR over suspected irregularities
New Delhi: After Firstpost exposed irregularities in the operations of Indian public sector banks in Hong Kong, the banking regulator in the Special Administrative Region (SAR) of China has initiated a clean-up operation by subjecting banks to rigourous ... ( read original story ...)
Hong Kong gears up for annual protest as leader marks first year in office
HONG KONG (Reuters) - Hong Kong will on Sunday mark the 21st anniversary of its return to Chinese rule, with city leader Carrie Lam struggling to win over residents even as she receives praise from Beijing. Lam took over as governor of the former British ... ( read original story ...)
This Hong Kong Startup Uses Technology To Provide Much Needed On-Demand Tutoring
During college, Timothy Yu made extra money as a math tutor. He was a math major, so it was fun and engaging work for him. But as Yu looked around the tutoring landscape in Hong Kong, what he saw troubled him. Many tutoring schools have 30 or 40 students ... ( read original story ...)
Hong Kong slams US report on human trafficking despite waiver keeping it off list of worst offenders
Hong Kong was rated for the third consecutive year on the Tier 2 Watch List in the US State Department’s latest Trafficking in Persons report, escaping an automatic downgrade that could have placed the city among the countries and regions doing least to ... ( read original story ...)
China’s Xiaomi prices HK IPO at bottom of range, raises $4.72 billion: sources
HONG KONG (Reuters/IFR) - China’s Xiaomi Corp (1810.HK) priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world’s biggest tech float in four years, people close to the transaction said ... ( read original story ...)
China’s Xiaomi prices Hong Kong IPO at bottom of range: sources
HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi Corp (1810.HK) priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, said people close to the transaction. Xiaomi priced its share offering at HK$17 per share ($2 ... ( read original story ...)