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Month: September 2018

Posted on 21/09/2018

After 8 years in the making, the Guangzhou-Shenzhen-Hong Kong Express Rail Link will open. Here are the issues on its bumpy ride

The cross-border high-speed rail link connecting Hong Kong to mainland China opens this month, but it has been a bumpy ride for the HK$84.4 billion (US$10.7 billion) project, which has seen delays, co... ( read original story ...)

Posted on 20/09/2018

Doctor gets life sentence in Hong Kong over ‘calculated’ yoga ball killings

HONG KONG — An anesthesiologist convicted of killing his wife and daughter by placing a yoga ball that leaked carbon monoxide in their car has been sentenced to life in prison in Hong Kong. ( read original story ...)

Posted on 20/09/2018

RPT-FEATURE-In Hong Kong, disposable fashion gets a recycled makeover

HONG KONG, Sept 18 (Thomson Reuters Foundation ... according to a 2016 report by management consultancy McKinsey & Company. Over the same period, the number of garments bought each year, per person, j... ( read original story ...)

Posted on 20/09/2018

Hong Kong IPOs Power Ahead Despite Recent Market Weakness

Alex Wong, a director at Ample Capital, said more startups are likely to go public in Hong Kong in the coming years, as the city repositions itself as a tech fundraising hub. In April, the stock excha... ( read original story ...)

Posted on 20/09/2018

Four-Bedroom Home Goes on Sale in Hong Kong for $446 Million

There’s expensive, and then there’s Hong Kong property expensive. A four-bedroom house in the exclusive Peak neighborhood has hit the market for an eye-watering HK$3.5 billion ($446 million), which wo... ( read original story ...)

Posted on 20/09/2018

Hong Kong now home to more ‘crazy rich’ people than New York

Hong Kong now has the world’s highest concentration of ultra-high net worth residents, besting New York City, a new report from wealth consultancy Wealth-X revealed this month. Around 10,010 ultra-hig... ( read original story ...)

Posted on 20/09/2018

Tencent-backed Meituan jumps 5 percent on debut in positive signal for HK IPOs

Meituan’s stock market performance is being seen as a test of investor appetite for Hong Kong listings against a backdrop of weak markets and previous multi-billion dollar IPOs that have struggled to ... ( read original story ...)

Posted on 20/09/2018

Meituan Rises on Debut in Hong Kong After $4.2 Billion IPO

Meituan Dianping, the Chinese food delivery and neighborhood services giant, jumped on its first day of trading after raising $4.2 billion in an initial public offering. The stock climbed as much as 7 ... ( read original story ...)

Posted on 20/09/2018

Doctor gets life term in Hong Kong over yoga ball killings

A jury of five men and four women found him guilty at Hong Kong's High Court after seven hours of deliberation Wednesday. "It is shocking that a highly educated and successful man would conjure up suc... ( read original story ...)

Posted on 20/09/2018

Hong Kong yoga ball: Man found guilty of killing wife and daughter

An anaesthetist has been jailed for life for killing his wife and 16-year-old daughter using a yoga ball filled with carbon monoxide in Hong Kong. Prosecutors said Khaw Kim-sun, a Malaysian national, ... ( read original story ...)

Posted on 20/09/2018

Latest rounds of US-China trade war leave Hong Kong business leaders fearing there is no end in sight to dispute

Hong Kong business leaders fear there will be no end to the trade war between the world’s two biggest economic powers, with the government rolling out more support measures to help companies. Secretar... ( read original story ...)

Posted on 20/09/2018

Chinese startup Meituan’s IPO marks comeback for founder

The company now aims to raise $4.2 billion in an initial public offering in Hong Kong that will give the startup a valuation of $52.8 billion, greater than U.S.-listed e-commerce company JD.com ... ( read original story ...)

Posted on 20/09/2018

Chinese startup Meituan Dianping’s IPO marks comeback for founder

The company now aims to raise $4.2 billion in an initial public offering in Hong Kong that will give the startup a valuation of $52.8 billion, greater than U.S.-listed e-commerce company JD.com ... ( read original story ...)

Posted on 19/09/2018

Latest Typhoon Mangkhut news: LIVE updates from Hong Kong and Southern China as death toll hits 69

The cleanup operation has begun after the Philippines and southern China was left battered by Typhoon Mangkhut, which wreaked havoc on the region. According to officials in the Philippines and China, ... ( read original story ...)

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