With the mainland’s economic rise, Hong Kong is no longer the undisputed center of business and finance in the region. But it still plays an indispensable role that Beijing will be loath to undermine, ... ( read original story ...)
StanChart eyes $100 billion private bank assets in growth push, to hire bankers
HONG KONG (Reuters) - Standard Chartered (STAN.L) is targeting growing its private banking assets by 50% to about $100 billion in three to five years and hire dozens of bankers in Hong Kong and ... ( read original story ...)
Economist: Hong Kong’s tycoons ‘are the problem’ underlying recent unrest
Hong Kong property prices have risen 300% since 2003. Beijing needs to stop consulting with property "tycoons" and take away their political power, Xie says. As protests continue to roil Hong Kong, a ... ( read original story ...)
Hong Kong is changing, but protesters have lost some support: Allan Zeman
Hong Kong is changing because of China but it will thrive after this violence ends according to local property tycoon Allan Zeman. He said “the media has made it look worse than it really is and the ... ( read original story ...)
Hong Kong Businesses Take a Side, Uncomfortably
The cracking in the facade of neutrality comes amid mounting damage to the Hong Kong economy and pressure from Beijing for public displays of loyalty. Being forced to take sides is unlikely to end ... ( read original story ...)
Hong Kong real estate: Protests and trade war wipe $50 billion off top property stocks
Weeks of pro-democracy protests in Hong Kong are battering shares in the city's property developers and pushing its benchmark stock index closer to a bear market. About 446 billion Hong Kong dollars ... ( read original story ...)
Alibaba IPO plan at risk amid massive Hong Kong protests
Chinese e-commerce platform Alibaba is weighing a delay to its listing on the Hong Kong Stock Exchange due to massive anti-China protests that have shuttered the airport and captivated the world. ( read original story ...)
Hong Kong Faces New Threat as Chinese Companies Reconsider IPOs
(Bloomberg) -- Several Chinese companies are rethinking fundraising plans in Hong Kong as anti-government protests rock the city, an ominous sign for its future as a financial gateway between Asia’s ... ( read original story ...)
How businesses in Richmond’s Golden Village are handling the unrest in Hong Kong
Patrick Wong’s first job in Vancouver was overseeing the business development of the newly constructed Aberdeen Centre mall in Richmond, named after the Aberdeen harbour in his native city of Hong ... ( read original story ...)
China’s Hong Kong office condemns airport clashes as ‘near-terrorist acts’
... police were assembling in Shenzhen for exercises in what some saw as a threat to the pro-democracy protesters in Hong Kong. (CBC News) Chinese state media on Wednesday called on Beijing to deal ... ( read original story ...)
Flights resume at Hong Kong airport as protesters apologize
HONG KONG -- Flights resumed Wednesday at Hong Kong's airport after two days of disruptions that descended into clashes with police, highlighting the hardening positions of pro-democracy protesters ... ( read original story ...)
Canada warns about travel to Hong Kong, agrees with calls for peace
"This is a turbulent moment in the world," Freeland told a news conference in Toronto, where she met with German's foreign minister Heiko Maas. "I would urge all Canadians, if you live in Hong Kong, ... ( read original story ...)
Hong Kong protests haven’t hurt Canada Goose: CEO
So, Hong Kong is doing well. All of Asia is doing well, too. Japan is a really strong market for us,” Canada Goose CEO Dani Reiss tells Yahoo Finance. As part of its new global retail store push, ... ( read original story ...)
In Hong Kong, a protest boom for some businesses starts waning
... not mean that the economic downturn will not affect our business next month,” Lam said. Indeed, the problems facing Hong Kong’s wide-open economy - which is expected to grind to a halt in ... ( read original story ...)