Tencent, one of China’s tech giants and providers of internet value-added services, has recently opened Tencent WeStart (Hong Kong), providing both online and offline resources for digital content cre... ( read original story ...)
‘Unaffordable’ Hong Kong home prices could fall by double digits
Hong Kong residential property prices are expected to come under pressure as interest rates rise. Investment group CLSA predicts a 15 percent decline over the next 12 months. Some remain bullish as la... ( read original story ...)
SCB and Hong Kong banks sign the cooperation agreement on syndicated credit financing
Saigon Joint Stock Commercial Bank (SCB) and three banks from Hong Kong committed to mutually provide credit and ensure a stable financing source for Union Square to foster its business operations. Th... ( read original story ...)
HSBC unveils barrier-free banking services
Hongkong and Shanghai Banking Corporation unveiled its barrier-free banking services at its Tsuen Wan branch, aiming to bring more convenient services to customers with accessibility needs. HSBC said ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) shares up for 4th session
Hong Kong shares closed higher for the fourth straight session ... despite few market watchers expecting any agreement to be reached from the discussion. At close of trade, the Hang Seng index was up ... ( read original story ...)
Hong Kong Jockey Club: betting on charity
But a Financial Times analysis shows the club exaggerates its ... The annual donations — defined by Hong Kong law as payments made, not just pledged — were just HK$2bn, according to the annual report ... ( read original story ...)
Lavallee tosses no-hitter, Canada blanks Hong Kong at women’s WC
"It was exciting getting the start for the first game of the tournament and to come ... Yee Lam started for the 10th-ranked Hong Kong, giving up three earned runs on six hits and three walks across fo... ( read original story ...)
Saudi Arabia calls off Aramco IPO, disbands advisers
Several industry experts however questioned whether a valuation that high was realistic, which hindered the process of preparing the IPO for the advisers. Stock exchanges in financial centers includin... ( read original story ...)
Hong Kong broadcaster TVB’s first-half profit rises as drama series find ready audience in mainland China
“TVB continues to explore increasing business opportunities in mainland China.” The firm generated 66 per cent of its revenue from Hong Kong, down from 69 per cent in the same period last year. Advert... ( read original story ...)
Hong Kong tops global report on public transport but loses out to Singapore and Paris when private transport also taken into account
Hong Kong has topped a global report on public transport services ... The report on urban transport systems, published by consultancy firm McKinsey & Company, was based on 95 indicators collected from ... ( read original story ...)
The Significance of the Hong Kong Dragon Boat Festival in NYC
Launched in 1990, the Hong Kong Dragon Boat Festival is an annual multicultural event held in Queens, NY. The highlight of the two-day celebration is the dragon boat races. The Hong Kong Economic and ... ( read original story ...)
Top lenders raise mortgage rates
The two biggest mortgage lenders - Hongkong and Shanghai Banking Corporation and Bank of China (Hong Kong) - have raised their mortgage rates. But this did not deter some investors from rushing into t... ( read original story ...)
U.S.-listed Chinese biotech Zai Lab plans Hong Kong float: sources
When contacted by Reuters, Zai Lab, however, said it does not have any firm plans for a Hong Kong listing at this time. The biopharmaceutical firm raised $172 million from its Nasdaq IPO in September ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) mostly higher
In Hong Kong, the Hang Seng index was up 0.56 percent. Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 29,126.62. The projected upper bound is: 28, ... ( read original story ...)