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Month: June 2018

Posted on 28/06/2018

Hong Kong shooting: suspect asked bodyguard association where she could buy bulletproof vest for use in mainland China

The woman suspected of gunning down four relatives in a Hong Kong park on Tuesday made an “unusual request” about buying a bulletproof vest, the head of the International Bodyguard Association revealed on Thursday, while also refuting claims she had ... ( read original story ...)

Posted on 28/06/2018

Spooked no more? Hong Kong’s ‘haunted apartment’ prices levitate with white-hot market

HONG KONG (Reuters) - Ng Goon-lau pointed at a window inside a dark, tiny bedroom. The window was small and easily sealed, Ng explained, a perfect place for carbon monoxide poisoning. A man once burned charcoal to kill himself there. Another tenant ... ( read original story ...)

Posted on 28/06/2018

Nirav Modi firms availed loans from PNB’s Hong Kong, Dubai branches too: Report

NEW DELHI: Nirav Modi group's exposure was not limited to only Punjab National Bank's (PNB) Brady House branch in Mumbai, as the firms had availed loan facility from its Hong Kong and Dubai branches too, according to an internal report of the bank ... ( read original story ...)

Posted on 28/06/2018

Hong Kong Securities Regulator Promises to Keep ‘Close Watch’ on Crypto Sector

Hong Kong securities regulator says they will be “keeping a close watch” on the crypto sector in their annual report released today. The SFC notes that since new technologies “come with risks,” they will be looking closely at crypto and ICOs and ... ( read original story ...)

Posted on 28/06/2018

Hong Kong buyers’ interest in Japanese property hit as Japan tightens home-share rules

Japan’s stiffer home-sharing controls have dampened Japanese home sales among Hong Kong buyers who are increasingly investing in the country’s properties to operate shared lodging services. The new rules have also forced the world’s largest home ... ( read original story ...)

Posted on 28/06/2018

Hong Kong shooting: one killed, three wounded as female bodyguard allegedly guns down relatives in inheritance feud

A row over inheritance turned deadly on Tuesday afternoon when a 44-year-old female bodyguard allegedly shot dead an elderly aunt and wounded three other relatives during a family meeting in a Hong Kong park. Two of those injured were in critical condition ... ( read original story ...)

Posted on 28/06/2018

Woman arrested for deadly shooting in Hong Kong was ‘weird’, neighbours in her Tseung Kwan O estate say

The 44-year-old woman who allegedly shot dead an elderly aunt and uncle and wounded two other relatives in a Hong Kong park on Tuesday was described as “weird” by those who saw her around Kin Ming Estate in Tseung Kwan O. One of her neighbours on the ... ( read original story ...)

Posted on 28/06/2018

Try copying THESE selfie poses! Hong Kong tourist board promotes the city with extraordinary pictures of ballet dancers performing in front of landmarks

Striking eye-watering splits and sky-high leaps against the Hong Kong skyline, these ballet dancers certainly take the standard holiday 'jumping pose' to a whole new level. The Hong Kong tourist board has revealed a collection of stunning images by award ... ( read original story ...)

Posted on 28/06/2018

Sweeping changes to Hong Kong’s subsidised housing policy set to be proposed by Chief Executive Carrie Lam, Post learns

Hong Kong’s leader is expected to announce a package of new policy proposals to combat the city’s unaffordable housing by Friday, including a plan to make government-subsidised housing cheaper, the Post has learned. The package will also include a ... ( read original story ...)

Posted on 28/06/2018

Robot Sophia tells leader Carrie Lam how Hong Kong can succeed as smart city in show of artificial and emotional intelligence

A humanised robot named Sophia who was created and programmed locally advised Hong Kong’s leader on Wednesday on how to succeed with plans for a smart city. In a nine-minute dialogue with Chief Executive Carrie Lam Cheng Yuet-ngor at the American Chamber ... ( read original story ...)

Posted on 27/06/2018

Hang Seng China index shows how far the needle has swung from greed to fear

The Hang Seng China Enterprises Index shows how far the needle on China has moved from greed to fear. Back in January, the gauge of Hong Kong-listed Chinese stocks ... Industrial & Commercial Bank of China Ltd., one of the nation’s biggest companies ... ( read original story ...)

Posted on 27/06/2018

Hong Kong woman jailed for three months after being caught practising Chinese medicine illegally for second time

A woman who failed to learn her lesson after being caught red-handed for practising traditional Chinese medicine without a licence was jailed for three months on Wednesday after being arrested for a second time. Fong Ming-wan, 46, was caught in a sting ... ( read original story ...)

Posted on 27/06/2018

LCQ3: Maximum coverage for mortgage loans provided under Mortgage Insurance Programme

In February 2015, the Hong Kong Mortgage Corporation Limited tightened the arrangements under the Mortgage Insurance Programme (MIP) by reducing the maximum MIP coverage for eligible residential properties from 90% loan-to-value (LTV) ratio to 80 per cent ... ( read original story ...)

Posted on 27/06/2018

With unicorns in the pipeline, Hong Kong IPO markets will be ‘totally different’ in second half of 2018: EY

EY forecasts a total of HK$200 billion ($25.5 billion) in funds to be raised in IPOs in Hong Kong this year. Things are expected to heat up, with tech companies like Xiaomi and Meituan Dianping set to come to market in the months ahead. The first China ... ( read original story ...)

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