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Month: April 2019

Posted on 23/04/2019

Hong Kong Airlines directors slapped with injunction as government deadline for boardroom battle to end nears

Four directors at Hong Kong Airlines have been served with an injunction that prevents them from making any decisions about the future direction of the business. The legal step was taken on Tuesday by ... ( read original story ...)

Posted on 23/04/2019

Dead pricey: Hong Kong burial plots now more expensive than living space

People clean the tombs of their deceased relatives in Diamond Hill cemetery in Hong Kong. Spaces are rarely available in cemeteries such as these. Photograph: Jérôme Favre/EPA “Per square foot, it has ... ( read original story ...)

Posted on 23/04/2019

Otto Poon, husband of Hong Kong’s justice chief, fined HK$20,000 for illegal pool in his garden

The husband of Hong Kong’s justice minister Teresa Cheng Yeuk-wah was on Tuesday fined HK$20,000 (US$2,500) after being found guilty of building an unauthorised pool in his garden. On January 6 last ... ( read original story ...)

Posted on 23/04/2019

Chinese developers slide in Hong Kong after Beijing warning

Shares in Chinese property developers slid as traders returned from the Easter break in Hong Kong on Tuesday, echoing earlier declines in China after Beijing said housing should not be used for ... ( read original story ...)

Posted on 23/04/2019

Hong Kong still attractive for bankers despite high living costs, says senior headhunter

An investment banking vice-president in Hong Kong with seven or more years of experience received an annual base salary ranging from HK$1.8 million (US$229,000) to HK$2.4 million (US$306,000), plus a ... ( read original story ...)

Posted on 23/04/2019

Hong Kong Property Tycoon Gave Away Son’s $400m Inheritance

Hong Kong’s property market has since rebounded ... He even worked as a real estate agent when he first joined the family business. “It was quite tough -- staying outdoors to compete with other agents ... ( read original story ...)

Posted on 23/04/2019

How much of a bitcoin’s value can Hong Kong investors claim when the city’s oldest cryptocurrency exchange goes bust?

Hong Kong’s Securities and Futures Commission (SFC ... Exchanges may also be required to maintain a reserve equivalent to 12 months of operating expenses as financial buffer, and take out an insurance ... ( read original story ...)

Posted on 22/04/2019

Hong Kong Observatory hopes social media can help it get better at extreme weather warnings as two die in freak thunderstorm

Hong Kong forecasters are hoping the power of social media will help them become better at warning the public about the onset of typhoons, flash floods, and storm surges. The Hong Kong Observatory ... ( read original story ...)

Posted on 22/04/2019

Hong Kong co-working space too crowded, some operators may pull back in 2019, Savills says

Hong Kong has too many co-working spaces following rapid expansion in the sector, and some operators will withdraw from what has become a highly competitive market, industry analysts say. "There were ... ( read original story ...)

Posted on 22/04/2019

In start-up driven Hong Kong, ‘996’ grind blurs work-life boundary

According to a global study by consultancy firm Randstad, workers and bosses have conflicting priorities. Polling about 4,300 jobseekers in Hong Kong last year, it found the majority ranked work-life ... ( read original story ...)

Posted on 22/04/2019

Hong Kong gene testing companies under probe after ‘exaggerated’ claims of being able to identify children’s abilities

Eight companies offering genetic testing in Hong Kong are under investigation by authorities after they were accused of exaggerating claims that they could map out talents and character traits in ... ( read original story ...)

Posted on 22/04/2019

Hong Kong start-up developing 3D technology to weave perfect pair of customised jeans with zero waste

A start-up is combining 3D scanning and weaving technology to make the perfect pair of jeans, as consumers’ preferences shift from big-name brands to tech-inspired and sustainable fashion. San ... ( read original story ...)

Posted on 22/04/2019

Update: Hong Kong Ferry (Holdings) (HKG:50) Stock Gained 18% In The Last Five Years

Better yet, you'd like to see the share price move up more than the market average. But Hong Kong Ferry (Holdings) Company Limited (HKG:50) has fallen short of that second goal, with a share price ... ( read original story ...)

Posted on 21/04/2019

Week In Review: Chi-Med Plans $500 Million Hong Kong IPO

Hutchison China MediTech (Chi-Med) filed to IPO on the Hong Kong Exchange, following listings in London and on NASDAQ, where it has a market capitalization of over $4 billion. BioSense, a New ... ( read original story ...)

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