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Month: September 2018

Posted on 10/09/2018

How crazy rich Hongkongers keep prime property prices high

Despite all the warnings about a correction, we may never really see prices of prime property in the Mid-Levels or other core districts in Hong Kong drop, all because of the limited supply (“Hong Kong ... ( read original story ...)

Posted on 10/09/2018

Hong Kong shares end lower as investors brace for trade war escalation

HSI financial sector sub-index ends 1.7 percent lower; property sector down 1.2 percent Sept 10 (Reuters) - Hong Kong shares hit near-14-month lows on Monday to end lower for the day, tracking a regio... ( read original story ...)

Posted on 10/09/2018

Make movies in China’s Greater Bay Area to revive flagging Hong Kong industry, filmmakers told

Hong Kong moviemakers should use the large and modern studios on the mainland but carry out post-production locally to produce high-quality films and revive a flagging industry, a think tank led by a ... ( read original story ...)

Posted on 10/09/2018

9F, fintech company with 63 million mainland Chinese users, eyes Hong Kong virtual banking licence

Mainland Chinese financial technology company 9F Group has teamed up with local and international firms to apply for a virtual banking licence in Hong Kong. The company, set up in Beijing in 2006 by f... ( read original story ...)

Posted on 10/09/2018

Hong Kong appoints new chief air accident investigator to run independent authority

Hong Kong has appointed a former top investigator in the United Arab Emirates’ civil aviation authority to head its new office conducting investigations into accidents in its airspace. Darren Straker, ... ( read original story ...)

Posted on 10/09/2018

Hong Kong father admits trying to kill his three children and himself with charcoal

A Hong Kong father who tried to commit suicide and kill his three children by burning charcoal in their bedroom as they slept told one of them that it was a religious ritual, a court heard on Monday. ... ( read original story ...)

Posted on 10/09/2018

Hong Kong Stocks Close on Brink of Bear Market as Tech Slides

Hong Kong stocks dipped into a bear market before closing just outside as the worsening U.S.-China trade dispute prompted investors to pull out of riskier assets. The Hang Seng Index closed down 1.3 p... ( read original story ...)

Posted on 10/09/2018

Buyers face payment hiccups as hundreds queue up for high-speed rail tickets in Hong Kong on first day of sale

More than 300 people were standing in line for tickets to the first high-speed trains departing from Hong Kong by the time they went on sale at 8am on Monday, with some of them later encountering vari... ( read original story ...)

Posted on 10/09/2018

China’s Top Hotpot Chain Attracts Hillhouse to $963 Million IPO

Haidilao International Holding Ltd., China’s biggest hotpot restaurant chain, is seeking to raise as much as $963 million in a Hong Kong initial public offering. The Beijing-based firm is offering 424 ... ( read original story ...)

Posted on 10/09/2018

Hong Kong: HANG SENG INDEX (.HSI) jitters over a potentially severe escalation in the U.S.-China trade war

The last signal was a sell 2 period(s) ago. Rex Takasugi – TD Profile HANG SENG INDEX closed down -1.350 at 26,973.471. Volume was 56% above average (neutral) and Bollinger Bands were 9% narrower than ... ( read original story ...)

Posted on 10/09/2018

Online insurance start-up OneDegree raises HK$200 million to fund push to cover Hong Kong’s dogs and cats

Home-grown online pet insurer OneDegree has raised HK$200 million (US$25.5 million) from a number of investors to finance its plan to offer insurance cover to more than half a million dogs and cats in ... ( read original story ...)

Posted on 10/09/2018

Sacrifices Hong Kong made for high-speed rail to mainland China: is it worth it?

Their village was in the way of a 26km high-speed rail line that would connect Hong Kong with mainland China, promising speedier trips to cities across the country. “Life in the past at the old villag... ( read original story ...)

Posted on 10/09/2018

Pay Hong Kong bosses the cost of extra month’s maternity leave, former government adviser urges

An economist and government adviser has said a plan to give women four more weeks of paid maternity leave would cost Hong Kong bosses an extra HK$800 million a year – and called on officials to pay th... ( read original story ...)

Posted on 09/09/2018

Hong Kong teachers urged to promote sense of ‘national identity’ in city students at liaison office open day

A senior mainland envoy in Hong Kong has told the city’s teachers and principals to fulfil their mission in developing “a sense of national identity, a care for Hong Kong, and a global vision” in the ... ( read original story ...)

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