HONG KONG (Nikkei Markets) -- Hong Kong shares rose by midday on Thursday, outperforming most other regional markets, as financial sector heavyweights advanced. The yield on 10-year U.S. government bonds traded near a nine-month high after the House of ... ( read original story ...)
ASIA MARKETS: Financials Lead Hong Kong Shares Higher Ahead Of Holidays
HONG KONG (Dec 21) -- Hong Kong shares rose by midday on Thursday, outperforming most other regional markets, as financial sector heavyweights advanced. The Hang Seng Index was up 0.5% to 29,378.70 by the noon break. Global financial companies listed in ... ( read original story ...)
Securities commission backs introduction of dual-class shares on Hong Kong stock exchange
Alibaba, which owns the South China Morning Post, eventually listed in New York, which allows dual-class share structures while Hong Kong has banned these since the mid-1980s. Ant Financial is an affiliate of Alibaba. The stock exchange in 2015 proposed to ... ( read original story ...)
Huabang Financial : Fin to buy Kowloon Bay property at HK$220m
11-14 on 3rd Floor, Enterprise Square Three, Kowloon Bay, Hong Kong at about HK$219.8 million ... the Group's income base and maximise return to shareholders. 04:14p HUABANG FINANCIAL: Fin to buy Kowloon Bay property at HK$220m 11/22 HUABANG FINANCIAL ... ( read original story ...)
Hong Kong arm of China’s LeEco files for liquidation – media
HONG KONG (Reuters) - Le Corporation Limited, the Hong Kong arm of embattled Chinese tech conglomerate LeEco, has filed a petition to the territory’s high court to wind up the company, media in the Asian financial hub said on Thursday. LeEco’s other ... ( read original story ...)
Green group members storm Hong Kong landmark to highlight issue of single-use plastic products
A dozen Greenpeace members stormed the recently reopened observation wheel at Hong Kong’s Central waterfront on Thursday morning, prompting rescue action from the Fire Services Department and police. At about 7.15am, a man alerted police that a dozen ... ( read original story ...)
Hong Kong business leaders team up to seize Belt and Road opportunities
Hong Kong’s trade promotion body has taken steps to tap into opportunities offered by China’s ambitious international trade strategy by launching a new high-powered committee of business leaders to come up with detailed plans. They are focusing on the ... ( read original story ...)
Hong Kong stocks seen lower on US cues, after sweeping US tax bill passes Congress
Hong Kong stocks are on track to open slightly higher on Thursday, as the Hang Seng Index futures spot December contract inched up 0.1 per cent, or 29 points, to 29,330 in the pre-opening session. On Wednesday, US shares closed slightly lower, after the ... ( read original story ...)
Spare me the crocodile tears, Hong Kong’s treatment of domestic workers is modern slavery
Taking the above definitions as read, only a mad and/or bad man or woman could conclude that the treatment of domestic workers by Hong Kong amounts to anything other than inhumane insanity. Time and again governments – be they of the British pioneers ... ( read original story ...)
Christmas blow for domestic helpers in Hong Kong as flights home don’t exist
Travel plans for scores of foreign domestic helpers in Hong Kong who were hoping to return home for Christmas and New Year have been thrown into disarray as the flights they paid for do not exist. Air tickets bought through Peya Travel, an agency ... ( read original story ...)
Hong Kong stocks fall slightly as financials, IT drag
Dec 20 (Reuters) - Hong Kong stocks dipped slightly on Wednesday as weakness in financial and IT stocks offset strength in property and utility plays . ** At close of trade, the Hang Seng index was down 19.57 points or 0.07 percent at 29,234.09. The Hang ... ( read original story ...)
Graft complaints in Hong Kong’s finance and insurance sectors up by 20 per cent, with 177 cases reported this year
Complaints of corruption in Hong Kong’s finance and insurance sectors rose by almost 20 per cent to 177 in the first 11 months of this year, the city’s graft buster revealed on Wednesday, even as it said that this did not point to a worsening problem. ( read original story ...)
Hong Kong stocks up as sentiment buoyed by US tax reform
Dec 18 (Reuters) - Hong Kong’s main Hang Seng index ended Monday firmer while China’s H ... followed by Zhuzhou CRRC Times Electric Co Ltd gaining 2.19 percent and Industrial and Commercial Bank of China Ltd up by 1.79 percent. ( read original story ...)
How I.M. Pei’s Bank of China Tower changed Hong Kong’s skyline
Juan Du is an associate professor at Hong Kong University's Department of Architecture. This year of 2017 marks the 100th birthday of the renowned Chinese-American architect I.M. Pei. From museums to business headquarters, Pei has designed many notable ... ( read original story ...)