The Hang Seng index rose 0.5 percent, to 22,830.57, while the China Enterprises Index gained 0.9 percent, to 9,875.54 points. Small-caps, which will be included in the Shenzhen-Hong Kong Stock Connect, were the biggest gainers, with the Hang Seng Composite ... ( read original story ...)
Get tougher on Hong Kong localists to stop them damaging business in city, tycoon says
The chairman of a club that comprises 140 mainland Chinese and local tycoons has urged the Hong Kong government to get tougher with pro-independence localists to stop them damaging the business environment. Shenzhen-based Chen Hongtian, who chairs the ... ( read original story ...)
Hong Kong pupils who eat breakfast daily ‘18 months ahead of those who skip the meal’
Children who eat breakfast every day perform as well in tests as pupils who are 18 months older but skip food in the morning, a Chinese University study found. But the right food is equally important, with a combination of carbohydrates and protein being ... ( read original story ...)
Amended bid to take Amaya private now down to two backers
Amaya Inc.’s founder and former chief executive officer has filed an amended proposal to take the online gambling company private at $24 a share without two of the previous four named equity backers. In a filing with U.S. and Canadian securities ... ( read original story ...)
Shenzhen Connect Offers Chinese Stocks. Will the World Buy?
HONG KONG — Global investors in two weeks will get direct access for the first time to the stock market in the Chinese city of Shenzhen, giving them a chance to bet on a tech-heavy clutch of private companies on an exchange sometimes called China’s Nasdaq. ( read original story ...)
Beijing warns against Taiwan ties as Singapore tries to free troop carriers in Hong Kong
HONG KONG/SINGAPORE Beijing on Friday warned countries against ... as well as full compliance with all regulatory and trade requirements in its conduct of business," the spokesman said. APL is a subsidiary of the French-based CMA CGM Group. ( read original story ...)
New cabinet members will broaden opinion in Hong Kong’s Executive Council, Leung Chun-ying says
Leung declined to comment on whether his financial minister’s plan would affect his possible re-election bid. Hong Kong business sector backs John Tsang to lead city, senior Liberal Party official claims The appointment of the Liberal Party chief sparked ... ( read original story ...)
Buyback activity on Hong Kong exchange falls for first time in four weeks
The buying slowed after rising for three straight weeks while the selling among directors rose for the second straight week based on filings on the Hong Kong exchange in the fourth week of November. Buyers outweighed sellers with 33 companies that recorded ... ( read original story ...)
How to enjoy Hong Kong on a budget
Hong Kong’s skyline filled with endless skyscrapers may make ... current room views of construction sites and cranes will change in the future to a booming business district. As it is at the moment, the location means you will have to jump on the Metro ... ( read original story ...)
Baazov filing says US$3.45 billion still lined up to take Amaya private
MONTREAL - The founder and former chief executive of online gaming firm Amaya Inc. says he still has US$3.45 billion in committed financing from a pair of Hong-Kong-based investors lined up to buy the company. That's US$200 million less than the original ... ( read original story ...)
App lets Hong Kong homebuyers know if houses are haunted
HONG KONG — Ship Street is quintessentially Hong Kong ... After more than 30 years in the real-estate business, Lily Wong, a local agent, knows most Chinese clients are not interested in even looking at haunted apartments. “They wouldn’t rent, ... ( read original story ...)
Hong Kong finance chief dismisses talk that he will express intent to run for top job during Beijing trip
Financial Secretary John Tsang Chun-wah dismissed speculation that he would express his intent to run for Hong Kong’s top job as he headed to Beijing to meet with key officials. Speaking at the airport before his departure on Sunday morning, Tsang ... ( read original story ...)
Amaya founder finds additional Hong Kong funds for takeover bid to fill void left by Dubai investor
“We continue to support David Baazov,” Stanley Choi, chairman of Head and Shoulders Financial Group, said in a phone interview from Hong Kong, adding that he’s “not at all” concerned about what happened in the past week with KBC. He declined to ... ( read original story ...)
Thousands call for equality in Hong Kong pride parade
A huge rainbow flag led thousands through the streets of Hong Kong Saturday as the city's LGBT community braved the rain and wind to call for equality at its annual pride parade. Participants dressed for this year's "naughty green" theme sang and danced ... ( read original story ...)