Hong Kong is planning a city in 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 ...)

Fosun Tourism Raises $426 Million in Hong Kong IPO

Fosun Tourism Group, a unit of billionaire Guo Guangchang’s drugs-to-insurance conglomerate, raised HK$3.34 billion ($426 million) after pricing its Hong Kong initial public offering at the bottom of ... ( read original story ...)