Rising interest rates, a slowing economy and a depreciating renminbi is starting to cool Hong Kong’s residential property market, the world’s least affordable housing sector. Property developers have ... ( read original story ...)
Terrible tech talent shortages grip Hong Kong banking sector
Talent shortages in Hong Kong banking technology have reached extreme levels across many job functions, new figures reveal. To find out, we analysed our database across 17 key banking-tech sectors ... ( read original story ...)
China’s Silicon Valley Threatens to Swallow Up Hong Kong
The 55 kilometer (34 mile) span -- eerily deserted as crews prepared for a ribbon-cutting expected later this year -- connects the former European outposts of Hong Kong and Macau for the first time an... ( read original story ...)
Hong Kong stocks notch slight gain amid concerns over capital outflows
Hong Kong stocks ended slightly higher on Tuesday, up for a second day in a row, but analysts remained cautious about market outlook as the city’s currency fell again to hit the weak end of its peg ag... ( read original story ...)
Sex industry Asia Adult Expo kicks off in Hong Kong
A visitor checks out a sex doll at the 11th Asia Adult Expo, Hong Kong, China, Aug. 28, 2018. EPA-EFE/ALEX HOFFORD epa06977982 A visitor checks out a sex toy at the 11th Asia Adult Expo, Hong Kong, Ch... ( read original story ...)
Hong Kong stocks end morning session on positive note
Hong Kong: Hong Kong stocks rose in the morning session Tuesday, tracking another record on Wall Street as investors welcomed news that the United States and Mexico had agreed a revised trade deal. Th... ( read original story ...)
Hong Kong shares extend gains after US-Mexico trade deal
HONG KONG (Nikkei Markets) -- Hong Kong shares advanced for a second day on Tuesday after the revival of a U.S.-Mexico trade agreement helped boost investor sentiment. The Hang Seng Index ended 0 ... ( read original story ...)
BOC Hong Kong 1st Half Net Profit From Continuing Operations Up 17.7%
HONG KONG--BOC Hong Kong (Holdings) Ltd. (2388.HK) Tuesday reported a 17.7% increase in first-half net profit from continuing operations, driven by higher interest rates in the city. The Hong Kong-lis... ( read original story ...)
Citi Hong Kong announces senior appointments in consumer banking
Citi announced two senior appointments to its consumer banking team in Hong Kong, effective immediately. Alson Ho has been appointed head of insurance with overall responsibility for the growth and ma... ( read original story ...)
Hong Kong’s FWD to buy HSBC’s stake in Malaysian insurance venture -sources
HONG KONG/KUALA LUMPUR (Reuters ... HSBC, which has a strong Asian insurance business presence, has been looking to exit the Malaysian insurance joint venture in the last one year to focus on its core ... ( read original story ...)
China stocks flat at midday; Hong Kong gains 0.2%
Chinese H-shares listed in Hong Kong rose 0.25 per cent to 11,076.46, while the Hang Seng Index was up 0.24 per cent at 28,340.20. The smaller Shenzhen index was unchanged for the day and the start-up ... ( read original story ...)
STX’s Bummer Summer: Weak Box Office and Hong Kong Market Woes Fuel IPO Questions
STX Entertainment’s plans for an IPO on the Hong Kong Stock Exchange are facing new questions given a volatile Hong Kong market and a recent string of box office misfires. Melissa McCarthy’s “Happytim... ( read original story ...)
For STX, Box Office Dip And China-U.S. Trade War Cloud Hong Kong IPO Picture
EXCLUSIVE: Ever since it planted a flag in the shifting ground of the movie business, STX Entertainment has fashioned itself a different kind of studio, an operation bent on proving Hollywood’s long-h... ( read original story ...)
Convoy protagonists gather in Hong Kong High Court for day one of hotly anticipated financial battle royal
The first salvoes in a corporate legal battle royal between the two largest shareholders of Hong Kong’s biggest independent financial advisory firm were fired on Monday, as the second largest sharehol... ( read original story ...)