Hong Kong market could open cash flood gates for U.S. biotechs

Sorrento Therapeutics Inc is among a few early-stage U.S. biotechs wary of being overlooked in a crowded New York stock market and looking at listing itself in Hong Kong as Asia’s financial center rolls out the red carpet with a drastic overhaul of ... ( read original story ...)

US Fed move piles pressure on Hong Kong’s mortgage rates

Interest rates in Hong Kong are continuing to shoot up at a rapid rate, reviving concerns among analysts that the highly valued local property market bubble could burst. Three-month Hibor, Hong Kong’s short-term interbank lending rate, has jumped by more ... ( read original story ...)

Hong Kong Hang Seng gains 0.13% after Trump-Kim agreement

Hong Kong stock market closed ... limited ahead of major central bank policy meetings. The U. S. Federal Reserve, the European Central Bank and the Bank of Japan will all hold meetings this week. The Hang Seng Index rose 0.13%, or 39.36 points, to close ... ( read original story ...)

Tight squeeze for Hong Kong’s young professionals

Jezz Ng in a small living space in a co-sharing building in Hong Kong, where box-like 'nano-flats' and co-shares have been touted as fashionable solutions to eye-wateringly high property prices "If you're renting, you are spending all your money without ... ( read original story ...)