The court was told Wong Shing-lun, 49, stole HK$7,928, which he had received on behalf of the firm for the sale of scrap metal. A 50-year-old man made sure the tellers at his local bank in New York wo... ( read original story ...)
Plan to cut rebates for Hong Kong property owners may be dropped entirely, says Chief Executive Carrie Lam
The plan to cut rebates for Hong Kong’s property owners may be dropped, the city’s leader said on Thursday. Chief Executive Carrie Lam Cheng Yuet-ngor made the announcement after lawmakers who had cal... ( read original story ...)
How to Make a 56,823% Return With Hong Kong’s Worst Ever IPO
(Bloomberg) -- Xiaomi Corp. is a perfect example of how taking a company public can make a select number of shareholders a lot of money, even if the IPO flops. The stock lost about 30 percent in ... ( read original story ...)
Taxiing for takeoff: The flying cab in your future
Even today, in major cities such as Hong Kong and New York, a fortunate few escape the gridlock ... Would you like to learn more about the McKinsey Center for Future Mobility? To grow the flying taxi ... ( read original story ...)
Bitcoin Mining Giant Canaan Reportedly Eyeing IPO in NY
The company has previously attempted to obtain an IPO listing at the Chinese New Third Board market but failed. Canaan also allowed its $400 million Hong Kong IPO application to lapse back in November ... ( read original story ...)
Hong Kong plans law making it illegal to show disrespect for Chinese national anthem
Hong Kong | Hong Kong unveiled legislation to make disrespecting ... AP The move is part of a broader crackdown on dissent that democracy advocates say is eroding the financial hub's liberal political ... ( read original story ...)
Hong Kong chief Carrie Lam says increase in age limit for elderly financial support ‘reflects reality’
Hong Kong Chief Executive Carrie Lam has defended the decision to raise the lower age limit for elderly financial support from 60 to 65, saying that the move is “reflecting reality.” On Monday, the go... ( read original story ...)
The only 10 Hong Kong finance jobs where 25-year-olds still get pay rises
Are you graduating in Hong Kong this year? Are you worried about living in the world’s most expensive city? And are you wanting to go into a finance job function in which junior salaries are ... ( read original story ...)
HSBC Jade launched to deepen relationship with high net worth clients
The Hongkong and Shanghai Banking Corporation formally launched HSBC Jade today as a new proposition targeting high net worth clients with complex investment needs and investible assets above HK$7.8 m... ( read original story ...)
UCAP Asset Management Hong Kong: An Independent, Local and Globalised Model
With this strategy, we have built the firm to 18-strong team here in Hong Kong in four years." Seeking freedom of expression Mangaraj believes bankers are attracted to his firm because of ongoing cons... ( read original story ...)
Citigroup Suspends Hong Kong Trader Amid Stocks Probe
Citigroup Inc. suspended an equities trader in Hong Kong in the past few weeks as the firm kick-starts an internal investigation into its dealings with some clients, people familiar with the matter sa... ( read original story ...)
A business district in Hong Kong’s rural north is the answer to its quest for land and development
Hong Kong undeniably faces a severe shortage of readily available land for development. Although three-quarters of its land is not built up, only a small portion is readily available for development, ... ( read original story ...)
Oil tanker explosion in Hong Kong kills 1 crew member
a Hong Kong Police deputy commander, said at a news conference. The refueling barge was destroyed. One crew member was pronounced dead at the scene and seven others were injured. Authorities ... ( read original story ...)
Oil tanker explodes off coast of Hong Kong, killing crew member
Hong Kong fire officials say an oil tanker explosion has killed ... A fisherman from Lamma Island told local news channel i-Cable he first heard explosions and then saw “dense smoke” followed by a “ba... ( read original story ...)