The Hong Kong exchange-traded fund industry needs more assets under management and product variety to fully benefit from the launch of the ETF Connect programme, Brian Roberts, head of exchange-traded products at bourse operator Hong Kong Exchanges and ... ( read original story ...)
Hong Kong housing: ‘useless’ land supply consultation fails to address concerns over affordable homes, participants say
A public consultation on land supply in Hong Kong has been labelled “useless” by participants who said it failed to address key concerns, such as whether it would result in more affordable housing. Others questioned whether their opinions would make a ... ( read original story ...)
Why is firm behind Hong Kong’s MTR system, known for being reliable and world-class, having a crisis of confidence?
Hong Kong’s MTR Corporation, one of the most profitable rail firms in the world, has become embroiled in a series of scandals, with one issue after another piling pressure on management. In the past few weeks, several pieces of bad news, some still ... ( read original story ...)
Donald Trump-shaped Ecstasy pills surge in popularity in Hong Kong as seizure of drug leaps by more than 60 times
Seizures of Ecstasy in Hong Kong have jumped more than 60 times to about 30,000 tablets in the first four months of this year on foreign nationals’ demand, law enforcement officials said. Amid the spike, ‘US President Donald Trump-shaped’ Ecstasy ... ( read original story ...)
Henderson’s Mong Kok launch gets strong response as Hong Kong’s property sales keep pace
Hong Kong homebuyers rushed to buy small flats that kicked off sales over the weekend, underscoring insatiable demand in the world’s priciest property market even as signs of overheating are almost ubiquitous. At Henderson Land Development’s Cetus ... ( read original story ...)
Asian Private Banker/Julius Baer 2018 IAM Report: HK & SG IAMs hit US$91.5 billion in AUM, DPM penetration rate of 71%
penetration rate of Asia’s IAMs exceeds 65% — well above private banks’ average of approximately 8% HONG KONG, June 8, 2018 /PRNewswire/ — Asian Private Banker, in collaboration with leading Swiss private bank Julius Baer, has released its report ... ( read original story ...)
Two prop men convicted for carrying fake money from Hong Kong best picture winner Trivisa – because it was too realistic
When the Hong Kong crime drama Trivisa hit the city’s big screens it ... Take this scene: it’s a rainy day in 1997, news footage plays in the background – with mentions of the Sino-British Joint Declaration and the pledge of 50 years unchanged ... ( read original story ...)
PNB fraud case: Nirav Modi’s five dummy firms in Hong Kong whose owners earned Rs 8,000 got Rs 8,000 crore LoUs
Owners and directors of at least five Hong Kong firms that allegedly received about Rs 8,270 crore from Letters of Undertaking (LoUs) issued by Punjab National Bank, on behalf of jeweller Nirav Modi, used to earn only between Rs 8,000 and Rs 30,000 every ... ( read original story ...)
Hong Kong’s former finance chief John Tsang takes aim at politicians for ‘ruining city’s rules and systems’
Hong Kong’s former financial chief John Tsang Chun-wah on Saturday took a dig at politicians of all stripes – including the pro-democracy camp which supported him in last year’s chief executive race – accusing them of causing “deep and ... ( read original story ...)
Playing mahjong and betting on horse racing could decrease dementia risk, Hong Kong study finds
Playing mahjong and betting on horse racing, two hugely popular but often maligned intellectual pastimes in Hong Kong, could help to decrease the risk of dementia in the elderly, the latest research in the city has confirmed. Seniors have always been ... ( read original story ...)
North Vancouver musician big in Hong Kong
Fortin was surprised when Huntley called him from Hong Kong to share the news. Huntley told him that in Hong Kong songs don’t usually stay at the top for long since people usually “listen to it once and they won’t listen to it again.” ( read original story ...)
Hong Kong’s health care expertise can unlock potential of ‘Greater Bay Area’, says former financial secretary
In the not-so-distant future, Hongkongers will be able to live out their golden years in Zhuhai, Shenzhen – or any of the nine mainland cities within the “Greater Bay Area” in southern China, all within a short drive from Hong Kong. They could drive ... ( read original story ...)
Impossible Foods Checks in to Hong Kong Hotels
one of the world’s leading travel and culinary destinations HONG KONG--(BUSINESS WIRE)--Impossible Foods is offering its award-winning, plant-based meat at three of Hong Kong’s top-ranking hotels: Hotel ICON, Grand Hyatt Hong Kong, and InterContinental ... ( read original story ...)
Liu Yichang, Hong Kong author whose works inspired Wong Kar-wai films, dies at 99
following news on Tuesday of the death of celebrity romance novelist Eunice Lam Yin-nei. Born in Shanghai on December 7, 1918, and originally named Liu Tongyi, Liu Yichang first came to Hong Kong in 1948 and settled down in the city with his wife Lo Pai ... ( read original story ...)