Sign up for Next China, a weekly email on where the nation stands now and where it's going next. In property-obsessed Hong Kong -- where buying a home is impossible for many -- being born into an ... ( read original story ...)
Hong Kong stocks’ widening discounts leads to increased buying from mainland traders
Hong Kong stocks now have a potential price catalyst ... according to a gauge compiled by Hang Seng Bank that tracks the price discrepancy between the two markets. The widening gap has already ... ( read original story ...)
Hong Kong protesters push ahead as territory’s leader unseen
HONG KONG -- A small group of protesters opposed to legislation they fear would reduce Hong Kong's judicial independence have rallied outside the Justice Department. The action Thursday came as Hong ... ( read original story ...)
Alibaba’s Jumpstarter Start-Up Contest Goes Global
The Alibaba Hong Kong Entrepreneur Fund‘s has kicked off its annual Jumpstarter competition, saying it would hold pitch events around the world to draw attention to one of Asia’s leading start-up hubs ... ( read original story ...)
Hong Kong protests bring thousands to consulates as G20 approaches
Thousands of people in Hong Kong joined an evening protest and marched to major foreign consulates on Wednesday, urging leaders gathering for this week’s G20 summit to back their demand to ... ( read original story ...)
Two systems, zero trust? Hong Kong’s extradition row risks business exodus
HONG KONG -- Kelvin Lam, an economist in Hong Kong, recently started job-hunting after resigning from a well-known foreign investment bank. The 40-year-old wants a position where he can write ... ( read original story ...)
Hong Kong Pension System Charges Premiums for Cheap Index Funds
High fees are also one reason individuals have largely avoided putting in more than they’re required, according to the review by the Hong Kong Financial Services Development Council. The study ... ( read original story ...)
Hong Kong Banks’ Biggest Threat Could End Up Saving Them
While my colleague Nisha Gopalan and I remain skeptical about the impact of branchless, internet-only banks, the city’s established lenders like HSBC, BOC Hong Kong (Holdings) Ltd., Standard Chartered ... ( read original story ...)
Monetary authority seeks to keep Hong Kong at cutting edge of tech, regulatory developments, launches Academy of Finance
The academy, first mentioned by Financial Secretary Paul Chan Mo-po in his budget in February 2018, will invite about 100 top executives from Hong Kong’s banking, finance and insurance industries to ... ( read original story ...)
World’s Largest Trailer Maker Inches Closer To A Hong Kong IPO
CIMC Vehicles, the world's largest maker of specialty truck bodies and trailers as measured by sales volumes, increasingly appears to be heading for an initial public offering (IPO) on the Hong Kong ... ( read original story ...)
Protesters urge discussion of Hong Kong issue at G20 summit
"We urge the British side to immediately stop interfering in Hong Kong affairs and China's internal affairs in any way." Associated Press video journalists Dake Kang and Raf Wober and news assistant ... ( read original story ...)
Academy of Finance established
Financial Secretary Paul Chan: It was in the 2018-19 Budget that I announced the plan for an academy of finance to be set up by the Hong Kong Monetary Authority (HKMA). The HKMA has completed the task ... ( read original story ...)
HSBC, BOC remove fees for small accounts in HK, a credit negative
The Hongkong and Shanghai Banking Corporation Limited (HSBC HK) and Bank of China (Hong Kong) Limited (BOC HK) recently announced that they would no longer charge certain fees on personal saving ... ( read original story ...)
Why Hong Kong’s Protesters Are Turning to G20 Leaders for Help
President Trump has expressed sympathy for the Hong Kong protesters, but not offered to take up their cause at the summit, where he is expected to meet with Mr. Xi to discuss trade. Image Carrie Lam ... ( read original story ...)