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Month: June 2019

Posted on 05/06/2019

Hong Kong shares rise as U.S. Fed comments lift rate cut hopes

Shares in Hong Kong ended higher on Wednesday as comments from the U.S. Federal Reserve raised investor hopes for an interest rate cut this year. ** At the close of trade, the Hang Seng index was up ... ( read original story ...)

Posted on 05/06/2019

Extradition law is ‘final nail’ in Hong Kong’s coffin: activist

... two Hong Kong activists facing rioting charges in Hong Kong who have been granted refugee status by Germany. China’s Xinhua state news agency on May 25 said Beijing had made “solemn ... ( read original story ...)

Posted on 05/06/2019

Warburg-Backed ESR, Holders Seek Up to $1.24 Billion in Hong Kong IPO

(Bloomberg) -- ESR Cayman Ltd., a logistics real estate developer, is seeking to raise as much as $1.24 billion in a Hong Kong initial public offering. The company and some shareholders, including ... ( read original story ...)

Posted on 05/06/2019

Hong Kong activists hold candlelight vigil to mark 30th anniversary of Tiananmen

More recently, activists, as well as business and legal associations, have protested amendments making it easier to send criminal suspects in Hong Kong to mainland China, where they could face vague ... ( read original story ...)

Posted on 05/06/2019

Hong Kong Stocks at Tipping Point After Deepest Dip Since 2016

Hong Kong’s equities are nearing a turning point that could reward investors in the short term -- if they have the stomach for it. The Hang Seng Index has become the biggest victim of the U.S.-China ... ( read original story ...)

Posted on 05/06/2019

Hong Kong holds somber Tiananmen vigil as Beijing goes into lockdown

HONG KONG/BEIJING (Reuters) - Tens of thousands joined a somber ... Demonstrators gathered in the financial hub's Victoria Park, holding up candles and placards as others rallied next to a replica of ... ( read original story ...)

Posted on 05/06/2019

Hong Kong activists prepare to commemorate 30th anniversary of Tiananmen

The spirit of political activism has now passed to a younger generation, crystalizing in the 2014 Occupy protests, also known as the Umbrella Movement, which laid siege to Hong Kong government ... ( read original story ...)

Posted on 05/06/2019

Navigating Asia’s booming art market: An interview with Rebecca Wei, chairman of Christie’s Asia

Rebecca Wei is the chairman of Christie’s Asia. This interview was conducted by Joe Ngai, a senior partner in McKinsey’s Hong Kong office. ... ( read original story ...)

Posted on 04/06/2019

Hong Kong police officer found guilty of fraud for not declaring HK$200,000 gained in land deals on student loan applications

Indigenous villager Koo Chun-fai, 26, dishonestly omitted the land – from which he made HK$200,000 (US$25,640) – from two applications he submitted to the government’s Student Finance Office ... ... ( read original story ...)

Posted on 04/06/2019

Hong Kong ranks Asia’s No 4 business-friendly market after Thailand, South Korea and Japan

Hong Kong is the fourth easiest place do business in Asia, behind Thailand, South Korea and Japan, as compliance requirements has made the city less friendly to companies than before, according to a ... ( read original story ...)

Posted on 04/06/2019

Hong Kong activists prepare for Tiananmen candlelight vigil

HONG KONG - Pro-democracy activists in Hong Kong were preparing for a candlelight vigil Tuesday commemorating the 30th anniversary of the bloody Tiananmen crackdown, underscoring concern for Chinese ... ( read original story ...)

Posted on 04/06/2019

Hong Kong slips behind New York and Nasdaq in five-month global IPO rankings, as trade war takes a toll on sentiment

Hong Kong was the third biggest IPO market by proceeds raised in the first five months of 2019, according to data from Refinitiv The city failed to attract blockbuster IPOs while its US rivals bagged ... ( read original story ...)

Posted on 04/06/2019

Hong Kong shares edge lower as trade war crossfire continues

The Hong Kong stock market fell on Tuesday as Beijing and Washington engaged in a war of words and warnings in their protracted dispute over trade and technology. ** At close, the Hang Seng index was ... ( read original story ...)

Posted on 04/06/2019

Paul Chan: Volatile markets pose risks to HK financial security

The government is concerned that Hong Kong’s financial markets have been quite turbulent recently, posing risks to the city’s financial security, Financial Secretary Paul Chan Mo-po warns. Attending a ... ( read original story ...)

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