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Month: May 2019

Posted on 06/05/2019

Hong Kong a ticking financial time bomb? A thrilling story, but don’t buy what Kyle Bass is selling

he warned at great length about “Hong Kong’s impending crisis”, writing that “Hong Kong currently sits atop one of the largest financial time bombs in history”. Now Bass has form when it comes to ... ( read original story ...)

Posted on 06/05/2019

Delegation to press Ottawa over concerns of extradition agreement between Hong Kong and China

argued the extradition amendments would jeopardize not only the security of Hong Kong people but also an estimated 300,000 Canadians residing and doing business there. Ms. Mak said once such a bill is ... ( read original story ...)

Posted on 06/05/2019

Here’s What We Think About Hong Kong Economic Times Holdings Limited’s (HKG:423) CEO Pay

Help shape the future of investing tools and you could win a $250 gift card! Lawrence Fung is the CEO of Hong Kong Economic Times Holdings Limited (HKG:423). This analysis aims first to contrast ... ( read original story ...)

Posted on 06/05/2019

HKEX mulls platform to cut settlement time for IPO investors

Any changes to the offer process are likely to be controversial, however, as it would likely impact the income of banks, brokers and other parties involved in the IPO process. Many investors who ... ( read original story ...)

Posted on 06/05/2019

Singapore May Allow Virtual Banks After Hong Kong Move, DBS Says

Singapore could follow Hong Kong in handing out virtual banking licenses, according to the head of the largest local lender, in a move that would create another source of competition for the city ... ( read original story ...)

Posted on 06/05/2019

Hong Kong’s political reality laid bare by fugitive bill and housing issues: the city has no eternal allies, only eternal interests

This must be the big question on the minds of officials on both sides of the border, and it requires some serious soul searching after studying the latest political developments in Hong Kong. First, ... ( read original story ...)

Posted on 06/05/2019

Hong Kong graduates of mainland universities are flocking to the Greater Bay Area – with 60 per cent working there or planning to

A survey has found that 60 per cent of Hong Kong graduates of mainland universities were either already working in the Greater Bay Area – or intend to – even though salaries on the mainland are about ... ( read original story ...)

Posted on 05/05/2019

Hong Kong property giant paid HK$3.15M and offered land to counter Yuen Long development opposition in 1990s

Sun Hung Kai Properties (SHKP) paid HK$3.15 million and offered land to representatives of Shan Pui Tsuen to counter opposition to its Yuen Long development in the 1990s. FactWire received an ... ( read original story ...)

Posted on 04/05/2019

Hong Kong’s Best Stock Market Rally Since 2015 Is Under Threat

Hong Kong stocks’ best start to a year since 2015 may be put to ... a strategist at CMB International Securities Ltd. "Unless we get surprisingly good news from trade talks, the index doesn’t have ... ( read original story ...)

Posted on 03/05/2019

Hong Kong Gets its First St. Regis Hotels & Resorts Property

St. Regis Hotels & Resorts has recently opened its first luxury property in Hong Kong, a high-end hotel nestled in the town’s commercial and cultural hub of Wan Chai, nearby the Hong Kong Convention ... ( read original story ...)

Posted on 03/05/2019

Hong Kong’s benchmark stock index bursts through 30,000 points again as HSBC profit beats estimates

Hang Seng Bank, the fourth-largest bank listed in Hong Kong, climbed 4 per cent after announcing a dividend of HK$1.4 per share. HSBC first-quarter profit rises 34 per cent on growth in Asia, to add ... ( read original story ...)

Posted on 03/05/2019

Vancouver’s ‘spicy measures’ have worked to lower property prices. Why haven’t Hong Kong’s?

indicates that the second-hand property price has gone up for 11 consecutive weeks. The index shows a cumulative increase of 7.8 per cent, to 183.91, which is not far off last year’s high of 188.64. ... ( read original story ...)

Posted on 03/05/2019

As biotechnology firms become the darlings of Hong Kong’s IPO market, their executives get outsized pay packets. Here’s why

Biotechnology firms, one of the two targets in Hong Kong’s largest listing reforms in three decades, have become the latest darlings of Asia’s second-biggest capital market, making their chief ... ( read original story ...)

Posted on 03/05/2019

Hong Kong: business must pay heed to the erosion of freedoms

The popular myth about boiling a frog — that the animal will jump out of the pot if placed in boiling water but die when plonked in cold water and gradually cooked — should be recalled by anyone ... ( read original story ...)

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