HONG KONG (Reuters) - Hong Kong is on course to take the global IPO crown this year for the most money raised in stock market flotations, narrowly ahead of arch-rival New York, but its new ... ( read original story ...)
Tumour mimicking machine by Hong Kong team wins prize at Asian edition of prestigious Swiss-based innovation awards
Their efforts finally paid off on Thursday when they took home two awards at the 1st Asia Exhibition of Inventions Hong Kong – an Asian offshoot of the International Exhibition of Inventions Geneva. S... ( read original story ...)
These senior bankers left global firms to join Bank of China in Hong Kong
Large Chinese banks have traditionally grown their own talent and found it difficult to lure senior bankers away from US and European institutions. But this is now changing, at least in Hong Kong ... ( read original story ...)
Hong Kong Should Use Its Financial Might to Fight Human Trafficking
Hong Kong is witnessing a growth in responsible investing that takes into consideration environmental, social and governance (ESG) factors. Can it leverage its financial hub status to become a regiona... ( read original story ...)
Hong Kong, China bourses reach deal on dual-class shares
HONG KONG (Reuters) - The Hong Kong stock exchange said on Sunday it had reached a consensus with its counterparts in Shanghai and Shenzhen on trading by mainland investors in Hong Kong-listed compani... ( read original story ...)
Hong Kong Customs blazes trail for women in law enforcement with first female officer tipped for top role
Lawrence Ho Ka-ki, assistant professor of social sciences at the Education University of Hong Kong, said such conventions hurt internal promotion opportunities and that female officers would now see m... ( read original story ...)
If China-US relations sour even further, don’t expect lobbying to help Hong Kong despite goodwill from some Americans towards city
At the gala dinner hosted by the foundation, many American guests, knowing that I was from Hong Kong, talked about their fond memories of our city. It made me proud. “I love Hong Kong,” former US amba... ( read original story ...)
Club Med’s owner Fosun Tourism prices Hong Kong IPO at bottom of price range amid market rout
China’s Fosun Tourism Group, operator of the Club Med holiday business, on Friday said it has raised US$428 million in its initial public offering (IPO), pricing shares at the bottom of a marketed ran... ( read original story ...)
With financial losses of HK$2.2 billion and more than 9,000 cyberattacks so far this year, Hong Kong finds itself a top target of hackers
In one such case, a Wan Chai woman was fleeced out of HK$180 million over four years. E-banking fraud is another common tech crime affecting residents. The Hong Kong Monetary Authority issued warnings ... ( read original story ...)
Hong Kong is planning a £47bn city in the sea
The foundation commissioned consulting firm McKinsey and others to research their plan, and announced in August that in the “best-case” scenario the first inhabitants could move into housing in 11 yea... ( read original story ...)
Hong Kong fears Trump will trigger end to special trading status
Hong Kong business groups are starting to worry the Trump administration will open the door to ending the financial hub’s preferential trade status, rendering it “just another Chinese city ... ( read original story ...)
HSBC tightens e-wallet app security after PayMe breach allowed access to 20 accounts holding HK$100,000
HSBC has responded to an email scam in which 20 accounts were illegally accessed through its PayMe system by adding extra layers of security to the e-wallet app. On Friday, Hong Kong’s biggest bank sa... ( read original story ...)
Top Hong Kong judge calls for urgent reboot of democracy movement in city at forum on rule of law
The democratic movement in Hong Kong needs a reboot, a top judge told a forum on the rule of law in the city. Expressing concerns over judicial autonomy, Mr Justice Kemal Bokhary, of the Court of Fina... ( read original story ...)
Hong Kong’s building boom in tiny flats fizzles out as T-Plus in Tuen Mun gets the cold shoulder
Hong Kong’s era of low mortgage rates ended in September, as banks raised borrowing costs after key interest rates increased in lockstep with the US Federal Reserve’s tightening monetary policy. A Jul... ( read original story ...)