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Month: October 2018

Posted on 05/10/2018

Should Hong Kong workers get the day off after a typhoon? Calls grow to give leader power to declare state of disaster

Hong Kong’s two rival political camps put aside their differences on Thursday to lobby the government for a law empowering the city’s leader to give workers the day off after extreme weather such as r... ( read original story ...)

Posted on 05/10/2018

Judge grants temporary ban on busking at Times Square shopping centre in Hong Kong

A Hong Kong court on Friday granted a temporary ban on street performers busking at a shopping centre in Causeway Bay. High Court judge Mr Justice Godfrey Lam Wan-ho approved the request by Times Squa... ( read original story ...)

Posted on 05/10/2018

Top Lithium Producer Ganfeng Prices Hong Kong IPO at Bottom of Range

It’s been a tough year for Hong Kong IPOs, as the Asian market has been hurt by trade tensions with the US, with many listings trading below their offering prices. According to the terms of the ... ( read original story ...)

Posted on 05/10/2018

Hong Kong: HANG SENG INDEX (.HSI) market downtrend has further room to run

Hong Kong stocks declined to a three-week low on Thursday after ... The last signal was a sell 4 period(s) ago. HANG SENG INDEX closed down -467.391 at 26,623.869. Volume was 2% above average (neutral ... ( read original story ...)

Posted on 05/10/2018

Hong Kong: HANG SENG INDEX (.HSI) closed at two-week low

Hong Kong’s main Hang Seng index closed at a two-week low on Tuesday, dragged by financial and property stocks, while China’s H-shares index fell most in more than three months amid signs of weakness ... ( read original story ...)

Posted on 05/10/2018

Hong Kong’s banking heavyweights scrap it out for business as cashless payment system goes live

Hong Kong’s leading lenders are locking horns in a battle royal for new digital payment customers, after the authorities launched their ambitious “Faster Payment System” last weekend, which now allows ... ( read original story ...)

Posted on 05/10/2018

Hong Kong Dollar Could Get All Shook Up as Cash Pool Shrinks

“We may see sudden spikes in Hibor and the Hong Kong dollar more often in the future, as the sizable drop in aggregate balance has made banks more concerned with liquidity shortage,” OCBC Wing Hang Ba... ( read original story ...)

Posted on 05/10/2018

Judge: No bail for Hong Kong man in UN-linked bribery case

NEW YORK — A United Nations-linked bribery case against a Hong Kong businessman seems stronger after a prosecutor revealed that a former co-defendant will testify at trial that Chad's president reject... ( read original story ...)

Posted on 05/10/2018

Commentary: The invisibility of the poor in Crazy Rich Hong Kong

SINGAPORE: Singapore may be the setting of the movie Crazy Rich Asians, but the Asian city that has overtaken New York as the city with the largest population of the “ultra-rich” is Hong Kong. A resea... ( read original story ...)

Posted on 05/10/2018

In Hong Kong, an early warning sign for the world’s priciest homes is flashing sell

Losses in the Hang Seng Properties Index on Thursday left the gauge of Hong Kong real estate stocks trading as much as 20 percent below its peak in January. Declines of that magnitude from major highs ... ( read original story ...)

Posted on 05/10/2018

Hong Kong’s Economy Gets Stuck Between U.S.-China Trade War

Hong Kong has long marketed itself as the gateway into China for foreign businesses, especially the U.S. With a trade war now raging between the world’s two largest economies, that’s precisely the pro... ( read original story ...)

Posted on 05/10/2018

Sleeping SAA passengers targeted by Hong Kong crime syndicate during flights

Johannesburg - The notorious Hong Kong in-flight “organised criminals”, who apparently rob sleeping passengers, are believed to have been behind thefts allegedly perpetrated aboard an SAA flight this ... ( read original story ...)

Posted on 05/10/2018

Give Hong Kong chief executive power to grant workers post-typhoon day off, lawmakers urge

Hong Kong’s two rival political camps put aside their differences on Thursday to lobby the government for a law empowering the city’s leader to give workers the day off after extreme weather such as r... ( read original story ...)

Posted on 05/10/2018

China’s troubles push Hong Kong stocks into a bear market

Hong Kong's stock market is caught in a perfect storm. Fears about the trade war, emerging markets, China's slowing economy, and individual stocks pushed the city's benchmark Hang Seng Index (HSI ... ( read original story ...)

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